Startups Archives - Page 16 of 20

21Jul

By Africa BusinessNo Comments

South Africa News, Startups

Top 5 Technopreneurs to Bring their A Game in The AYO Scaling Africa Series

After months of searching, screening, and careful selection, the final five qualifying businesses for the next round of the AYO Scaling Africa Series have been selected. In partnership with the SA Innovation Summit, the series looks to assist tech entrepreneurs in taking their Series A businesses to the next level. These five finalists have been chosen for their standout proposition within the landscape of tech business in South Africa, as well as for clearly articulating and demonstrating their potential for rapid growth and sustainability. The founders, and their teams, will now test their mettle against one another with the overall winner claiming the R100 000 cash prize from investment group AYO Technology Solutions (AYO). However, the AYO Scaling Africa Series goes beyond a single ca...

9Jul

By Africa BusinessNo Comments

South Africa News, Startups

Omnisient raises US$ 1.4m for global expansion

Secure data collaboration platform achieves second round of funding Omnisient, a secure data collaboration platform, has achieved its second raise this year totalling USD1.4 million. ”We have brought in visionary international investors – Technova, Grand Bay Ventures, Tahseen Consulting, and Kepple Africa Ventures – who will be key to supporting our expansion globally. Investec, Nedbank, and Compass – Omnisient’s three original investors – led the round, reflecting their confidence in our ability to innovate and grow. The data economy is at the heart of the digital transformation that many of our customers embraced a couple of years back and this has been accelerated by the global pandemic. We see a huge and largely unaddressed market opportunity.” said Jon Jacobson, Chief Executive Off...

9Jul

By Africa BusinessNo Comments

South Africa News, Startups

Seven South African legal startups to pitch for EUR 10,000 grant

Virtual pitching event to occur on 13 July, register to attend The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year. With more than 200 applications from startups with high impact justice innovations, HiiL has selected the top seven in Southern Africa to pitch to an esteemed panel and are inviting interested community members to join the presentation. Adam Oxford, Head of the HiiL Innovation Hub Southern Africa, says that an estimated 70 percent of justice problems remain unresolved due to lack of access, trust, and high costs. These issues often result in poor outcomes for health, equality, and economic stability. “By addressing justice over the past...

Startups. After a new record number of applications for EMERGING Mediterranean, it’s time for the next program highlight: the Bootcamp of the 2 Shores, July 9-11

7Jul

By EMERGING MediterraneanNo Comments

Algeria News, Libya News, Mauritania, Morocco News, Startups, Tunisia News

Startups. After a new record number of applications for EMERGING Mediterranean, it’s time for the next program highlight: the Bootcamp of the 2 Shores, July 9-11

The 30 shortlisted startups will attend 3 inspiring days Once again, the EMERGING Mediterranean call for applications was an undeniable success with 305 applications, 31% of which were from women, giving an overall increase of 34% compared to 2020. A success revealing a dynamic region, a go-getting youth community and the programme’s strong interest entrepreneurial ecosystems. The next big highlight - the Bootcamp of the 2 Shores - will train 30 startups with coaching sessions and exceptional mentors. At the end of its recent call for applications for high-impact entrepreneurs from the South Shore of the Mediterranean who work in social economy and financial inclusion, mobility, agritech, e-health and climate, EMERGING Mediterranean is pleased to announce the next edition of the Bootcamp ...

1Jul

By Africa BusinessNo Comments

South Africa News, Startups

Top Tech Ideas for Accelerating Inclusive Economic Growth in the Township Economy Revealed and Rewarded

Over the weekend of the 19th and 20th of June 2021, Silicon Cape and the U.S. Mission to South Africa hosted a virtual hackathon aimed at discovering digital solutions to accelerate inclusive economic growth for local businesses in the township economy. This was the third of four hackathons which form part of an initiative called Hackathons for South Africa: Digital Solutions for Real World Challenges. Finally, after much anticipation, the winning solution was announced on Sunday, the 27th of June. Walking away with the R25,000 grand prize was Team Basket. Outlining their idea, team leader Esihle Vellem said: “We help street vendors and spaza shops buy fresh produce from small-scale farmers and wholesalers by providing them with an online application and an instant delivery service. With t...

29Jun

By Africa BusinessNo Comments

Fintech, Startups

Telecel Group ASIP Accelerator powered by Startupbootcamp AfriTech selects Top 10 startups for 2021 Cohort

Telecel Group Africa Startup Initiative Program (ASIP), with Africa's top early-stage tech Accelerator, Startupbootcamp Afritech, has selected the 10 tech startups that will participate in the inaugural ASIP Accelerator. The program received a record 2229 applications and managed to narrow it down to the Top 10, with the help of investors, corporate stakeholders, and industry experts who took part in an intensive 2-day selection process of 20 semi-finalists. Founded by telecoms giant, Telecel Group, and backed by key tech partners including AWS and Google Cloud Platform, ASIP aims to support the next generation of early-stage African tech startups disrupting key industry verticals that include FinTech, InsureTech, AgriTech, eCommerce, Digital Health, and CleanTech. Telecel will provide the...

14Jun

By Africa BusinessNo Comments

Startups

Digital advertising for African start-ups

Source: Unsplash Almost 40% of Africa’s population has access to the internet, which is slightly lower than the global average of almost 60%. While this demonstrates that Africa is slightly behind the rest of the world in terms of technological advancement, their percentage of online users still equates to millions of people. Plus, with continual improvements in modern technology in Africa, the figure of internet users is rising. This means that online advertising is becoming a more desirable opportunity for start-up businesses as it’s a great way to target large and desired audiences. It’s for that reason, that while businesses still opt for traditional forms of advertising and television adverts, newer digital forms of advertising are seeing a rise in Africa. How online digital advertis...

2Jun

By Africa BusinessNo Comments

Fintech, Startups

Venture Capital trends shaping the African investment landscape

As the second half of 2021 approaches and Covid-19 vaccinations roll out across the globe, albeit at varying rates, Ian Lessem, Managing Partner at HAVAÍC, investors in early-stage, high-growth technology businesses, considers the trends making an impact on the African Venture Capital (VC) landscape. Homegrown solutions take on the world At HAVAÍC, our investment thesis is centred around investing in businesses that solve real-world challenges. With the world having adjusted to new ways of shopping, learning, and doing business as a result of the Covid-19 pandemic, the appetite for solutions that solve real, tangible problems are without a doubt the best opportunities for growth. Solutions that offer people and organisations better ways of living and working with less friction will reign ...

2Jun

By Africa BusinessNo Comments

Events, South Africa News, Startups

Digital Solutions Sought to Accelerate Inclusive Economic Growth for Businesses in the Township Economy

The COVID-19 crisis and accompanying national lockdown had a dramatic effect on all businesses, but those operating in the township economy were hardest hit, with 67% being unable to operate at all under stricter lockdown levels and 75% reporting a reduction in their sales[i]. Now, with the rollout of the vaccine putting South Africa on a post-pandemic trajectory, revival of the township economy and inclusive economic growth for the businesses within it are vital for addressing fallouts from the pandemic such as unemployment, poverty, and food insecurity. Over the weekend of the 19th and 20th of June 2021, Silicon Cape and the United States Embassy in South Africa will be hosting a virtual hackathon aimed at discovering digital solutions to accelerate inclusive economic growth for local bu...

2Jun

By Shahina ParvinNo Comments

Energy, Startups

Pecron S1500: A Solid Handy Power Station

We cannot think of a moment without electronic devices now. It does not matter whether we use them by choice or by need; we have to use them. The problem begins when we leave our home or office and are out of a power source. In these cases, Pecron S1500 portable power station can be a lifesaver. Pecron S1500 is one of the most compact portable power stations. If you take a closer look at this product, the design is compact. It has a capacity of 1461.6Wh and offers 1500W output. The S1500 is about 25lbs only, and the overall dimension is 13.8x7.3x10. It is similar to a lid-opened MacBook 13. Besides, it supports super-fast charging technology and has 110V Pure Sine Wave inside. Moreover, there is an LCD to show all the necessary information. The LCD shows real-time data of what is happenin...