Category Archives: Startups

startups

The Legatum Center for Development & Entrepreneurship at the Massachusetts Institute of Technology (Cambridge, MA) launches the inaugural Legatum Foundry Fellowship for entrepreneurs in Africa

Fellowship applications open on May 3, 2021 for entrepreneurs working and living in Uganda, Kenya, Rwanda, Ethiopia, Ghana, Nigeria and Senegal. The Legatum Center for Development & Entrepreneurship at MIT has launched the Foundry Fellowship, a first-of-its-kind leadership program for accomplished entrepreneurs who are considering their role in shaping the future of the African innovation ecosystems in […]

Hack the Normal | From Africa for Africa: Meet the Winning Innovations for Sustainable Living, Healthy Living and Financial Solutions in Africa

Through the Hack the Normal initiative, Defy, Africa’s stalwart home appliance company, aims to contribute to the advancement of African-led projects that  seek to secure the sustainability of trade, natural resources, and life on the continent. Defy, a leading manufacturer of home appliances, recently hosted the Hack the Normal online hackathon in partnership with ATÖLYE to inspire and […]

XION CYBERX: e-Bike of the Future

The world is going through a transition. Technology is advancing every day with newer, better and more efficient techs replacing the old ones. To decrease pressure on the use of carbon-based fuels, new alternatives are emerging that use safe and renewable energy like electricity. The hype for electric cars tore the roof ever since tesla […]

SA startup, AURA, on what it takes to go global

AURA, South Africa’s leading security and medical response platform, recently announced its expansion into Kenya, followed closely by a move into the UK where it aims to have over 10,000 users receiving the company’s service within seven months. Later this year, the startup will look at possible expansions in Mexico and Nigeria. Warren Myers, AURA’s CEO […]

Last call for innovative Southern African startups to join prestigious Justice Accelerator

Guaranteed EUR 10,000 grant for startups with high impact justice innovations, to grow their business Game-changing justice startups looking for the opportunity to take their business to new heights have until 30 April 2021 to enter the prestigious Hague Institute for Innovation of Law (HiiL) Innovating Justice Challenge. Interested applicants can enter via www.hiil.org/innovating-justice-challenge. Successful candidates will earn […]

How to Calculate and Improve Customer Lifetime Value for Your Fintech App

Creating loyal customers that purchase your products and services for life is the dream. Increasing customer lifetime value creates stability for your business and allows you to innovate new products and services that keep finance customers returning to your brand again and again. To end the feast and famine cycle, companies need to increase customer […]

Africa as a Driver of Technovation

Sustainable digital transformation, applied in the context of startups, tech hubs and big business is what will define Africa as the “new frontier,” enabling actionable inspiration far beyond the continent. Founded in Africa, by Africans, for Africans, the most important tech event of the year, Africa Tech Week 2021, is set to be a platform […]

Shaping tomorrow’s innovation: Collaborating with the right VC partner

Ian Lessem, Managing Partner at HAVAÍC

Early-stage African tech investor HAVAÍC says aligning to startup founders’ interests, allowing management to maintain their independence, leveraging off smart capital and working together towards a mutually favourable exit is the foundation for successful collaboration between Venture Capital (VC) investors and startups. Ian Lessem, Managing Partner at HAVAÍC, notes that for African startups with international ambitions, partnering […]

The SEC’s Circular On The Trading Of Foreign Securities By Investment Platforms In Nigeria

By Ibrahim Moshood, Associate, Centurion Law Group The apex regulator of securities in Nigeria, the Securities and Exchange Commission (“SEC”) has issued a circular, with respect to technology investment platforms providing the Nigerian public with access to foreign securities. The circular dated 8 April 2021, issues a strong warning to these investment platforms and Capital Market Operators […]

Kenyan retail-tech startup Tanda secures funding for regional expansion from HAVAÍC

Kenyan agency banking startup Tanda is expanding its operations regionally after securing funding from early-stage African tech investor HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and three other investors. Tanda has also secured key strategic partnerships with Mastercard and Interswitch which will further accelerate its growth. The company’s expansion comes on the back of successfully pioneering and proving […]