Enabling African Innovators to Get Seen, Get Connected, and Get Funded
Category Archives: Startups
startups
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.
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.
Kenya-based start-up to scale investment in thousands of Primary care clinics through new technology and enhanced business model.
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 […]
SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities.
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.
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.
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.
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.
A low-growth economy, high unemployment and the mounting pressures posed by the ongoing energy crisis have continued to weigh heavily on start-ups in Southern African over the past year.
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.
Celebrating the Winners and Encouraging Growth: Insights from the Technology Innovation Agency’s Pitching Competition at the SA Innovation Summit
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.
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.
To mitigate business risks, entrepreneurs need to consider contingent liability policies, safeguarding their personal assets and business stability in case of unforeseen circumstances like disability or death.
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. […]
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 […]
It’s no secret that innovation can unlock potential for corporations. A Boston Consulting Group (BCG) report states that 83% of African executives now view innovation as a top-three priority, compared to 79% of companies around the world.
Five innovators to secure €10,000 each in funding and a curated networking tour to Ireland.
Winners received prizes valued at $22,000 in total to scale agriTech solutions in East and West Africa
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.