Ivorian startup Lifiled named Seedstars Abidjan winner

Swiss emerging market startup competition Seedstars World has named Ivorian startup Lifiled the winner of this year’s Seedstars Abidjan pitching event.

The startup offers access to lighting, high-speed internet and educational content using LED light bulb and Light Fidelity (Lifi) technology.

Other than representing Ivory Coast at the Seedstars Africa Summit, Lifiled will get an all-inclusive trip to Johannesburg in December for the Seedstars Africa Summit.

Lifiled will now represent Ivory Coast at the Seedstars Africa Summit

At the regional summit, the startup stands a chance to win a spot at the Seedstars Global Summit in Switzerland where an investment prize of $500 000 is up for grabs.

Lifiled, which was founded in 2014 by Ange Frederick Balma (pictured above), was one of nine startups selected to pitch at the event which was held last Friday (see this story).

Sead Group SA was placed second for its Panelys Cash solution, a mobile money transfer service that works via SMS and is linked to a bank card. This while logistics platform Kamtar was placed third.

A panel comprised of ACG Enterprises’ Edith Brou, BusPortal former CEO Hassan Bourgu, Investors & Partners’ Nous Bih, Yves Ouya, Maniella Ollo and Seedstars’ Clement Delcourt selected the winners.

New gender equality track launched

Seedstars World said in a statement yesterday that it had, in partnership with German development agency GIZ, launched the Gender Equality Entrepreneurship Track at the event.

The new track aims to increase and catalyse investments for women-led startups in Sub-Saharan Africa.

The Women Entrepreneurship Prize, which will be awarded for the track, will consist of an all-inclusive flight, accommodation and VIP access to the regional summit for 10 women-led startups.

In addition, the 10 will also benefit from one-on-one mentoring, group mentorship sessions, expert workshops, one-on-one investor meetings and full executive access to the main day of the Seedstars Africa Summit.

Seedstars World’s next stop in Africa is Mozambique for Seedstars Maputo, this Friday (1 November) to select the best startup in the country.

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Featured image: Lifiled founder and CEO Ange Frederick Balma speaking at an Entrepreneurs On The Move Event (Africa Salons via Twitter)