Category Archives: Startups

startups

12 African Startups draw full house as Techstars hosts Demo Day in Lagos

The event which was held at the Balmoral Convention Center, Federal Palace Hotel, Lagos, drew a full house of investors, mentors, senior operators, and ecosystem leaders in African tech highlighting the bullish and positive outlook that stakeholders have for the innovation, talent and opportunities abound in the African market.

Durban to Dublin — Irish Tech Challenge South Africa 2023 Winners to Showcase SDG Innovations in Ireland

The Irish Tech Challenge South Africa is excited to announce that the 2023 winning cohort is set to travel to Ireland for a 10-day curated immersion and networking programme with access to top industry leaders and potential for further funding.

10 Ventures Announced for the Africa Tech Summit Nairobi 2024 Investment Showcase

Africa Tech Summit Nairobi has announced ten African tech ventures that will showcase their solutions to a diverse audience of industry experts, investors and fellow innovators on February 14th and 15th. While African startup funding declined in 2023, the investment showcase continues to foster collaborations and stimulate investment opportunities to bridge the funding gap in […]

Unleashing Africa’s potential: A vision for innovation and entrepreneurship

SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities.

Africa’s most active startup investor, Techstars, Announces 12 new investments through its Africa- focused program in partnership with ARM Labs

Techstars, the most active startup investor in Africa, has announced its second cohort of 12 companies to participate in its pan-African accelerator program in partnership with Lagos-based innovation program, ARM Labs. Following a successful inaugural program, the ARM Labs Lagos Techstars Accelerator will build upon its commitment to helping entrepreneurs that are changing Africa and the world.

Three Nigerian startups scoop top awards at Global Startup Awards Africa, Addis Ababa

Nigerian startups continue to enhance their reputation as some of the most innovative and dynamic players in the continent’s startup ecosystem, after the region walked away with three top awards at the Global Startup Awards (GSA) Africa Summit recently held in Addis Ababa.

Global Startup Awards Africa Announces 16 Category Winners Innovating for a Global Africa at the history-making Summit in Addis Ababa, Ethiopia

The announcements were recently made at the GSA Africa Summit in Addis Ababa, Ethiopia. Joined by Her Excellency Muferihat Kamil, Ethiopia’s Minister of Labour and Skills and His Excellency Dr Belete Molla Getahun, Ethiopia’s Minister of Innovation and Technology, the summit’s grand finale at Addis Ababa’s Friendship Park has proved a significant event. The GSA Africa awards began in 2021, a journey that has led to over 15,000 African innovators nominated from 54 countries, the support of 300 jury members, ambassadors, and hundreds of innovation hubs across the continent.

The most valuable ‘white spaces’ today in African investing

Africa’s recent growth surge has created a large group of companies already scaling successfully, while the current market environment has reduced the capital available.
This untapped potential between high quality investment demand and reduced capital supply extends to various commercial sectors, including logistics, HR, and insurance, all presenting significant high value “white spaces” waiting to be filled.
In the article, Victor Basta, CEO of DAI Magister, discusses how investors can capitalise on these ‘white spaces’, by prioritising developed digital sectors and taking advantage of the $10-25 million funding gap.

Innovating a Global Africa: Global Startup Awards Africa Summit embeds innovation across startup nations

The upcoming Global Startup Award (GSA) Africa Summit, scheduled from 25-27 October at the Ethiopia Arts & Science Museum in Addis Ababa, is a monumental occasion for Ethiopia, a potential-laden country, signalling a significant milestone in the country’s entrepreneurial journey.

The 7th edition of EMERGING Valley will take place on November 28, 2023 to build the technological future between Europe and Africa

This 7th edition of the business forum expects more than 3000 participants and will gather 250 startups and 50 investors from 70 different countries. Topics at the heart of the discussions will include environmental challenges, artificial intelligence, female entrepreneurship, startup financing, the Olympic Games, and above all positive innovation between the African and European continents.

Unlocking Socio-Economic Progress: Early-Stage VC in South Africa

The following article sheds light on the critical role that early-stage VC plays in unlocking South Africa’s socio-economic potential. It discusses the challenges, opportunities, and promising changes in the South African startup landscape. As the 2023 South African Innovation Summit approaches, this topic takes center stage, making it a timely and relevant discussion for your readers.

South Africa, as Africa’s third-largest and most diversified economy, holds tremendous potential for economic growth and social development. However, to fully harness this potential, we must address critical challenges such as power shortages and unemployment. The article discusses how a thriving startup ecosystem, as advocated by the South African Startup Act, can accelerate socio-economic development, competitiveness, and economic transformation.

29 African Startups in Healthcare Supply Chain Selected to Receive Funding and Impact Support from the Gates Foundation, MSD, and More

The pan-African Investing in Innovation (i3 program) is funded by Bill & Melinda Gates Foundation and sponsored by Cencora (formerly AmerisourceBergen), Merck Sharp & Dohme (MSD), Microsoft and Chemonics to invest in Africa’s most promising early to growth-stage start-ups in health care supply chains. The second cohort comprises 29 startups chosen from 10 African countries. […]

Irish Tech Challenge offering support to local tech startups in South Africa

By: Hahangwi Liphadzi, Incubation Manager at Tshimologong Local tech startups are playing an increasingly important role in driving economic growth in South Africa. These startups are developing innovative solutions to address some of the country’s most pressing challenges, such as unemployment, poverty, and inequality. One way that tech startups are contributing to economic growth is […]

SA Innovation Summit 2023: Igniting Africa’s Innovation Frontier Over 3000 innovators are expected to gather in Cape Town on 27 – 28th of September

With a mission to boost startup success and ignite economic innovation, SAIS’23 aims to gather 3 000 participants, featuring top-notch speakers, innovative exhibitors, and thrilling side events. Over 120 speakers will delve into the realities of building ecosystems, while startups can engage in pitch battles and seize numerous growth opportunities.