Startups Archives - Page 17 of 20

30May

By Africa BusinessNo Comments

African News, Agriculture, Fintech, Libya News, Mauritania, Morocco News, Startups, Tech, Tunisia News

Official launch of the second cycle of EMERGING Mediterranean – the springboard programme for emerging Mediterranean Tech For Good leaders

The call for applications is open to any startup based in Mauritania, Morocco, Algeria, Tunisia or Libya that has been operating for over 18 months in one of the following areas: e-health, climate, mobility, agritech, social economy and financial inclusion. As a result of the work done during the preparatory forums for the Summit of the Two Shores and with the support of the French Development Agency, EMERGING Mediterranean, created by Samir Abdelkrim in 2020, aims to increase the impact of Mediterranean startups that help their societies become more resilient. After the first year of the programme in 2020 underlined a strong demand for support from entrepreneurs in the Mediterranean, EMERGING Mediterranean is launching its second call for applications to identify, accelerate and publicise...

24May

By Africa BusinessNo Comments

South Africa News, Startups, Uganda News

Crasner Ventures backs ‘worker-first’ social network Umwuga for its second investment

London, UK, May 2021: Crasner Ventures, the early-stage venture capital investor that supports businesses led by female founders and entrepreneurs from diverse backgrounds, announces its investment in Umwuga Ltd, an emerging markets-focused social network that connects workers and employers. Umwuga is Crasner Ventures’ second portfolio company. Umwuga is revolutionising the recruitment industry in emerging markets, by enabling workers to connect and communicate on their own terms, showcase their abilities, experience and personality and engage and negotiate directly with prospective employers. The platform opens up employment opportunities to those often excluded by a recruitment industry and social networks designed predominately for white-collar workers. It also helps employers by giving...

16May

By Africa BusinessNo Comments

Energy, Green Energy, Kenya News, Startups, Tanzania News

Solar Cow- a Samaritan for the Children in Need

The relief of indigence is the primary goal in bringing about a positive change in the lifestyles of children in Africa. To this day, 1 in every 5 children in Africa is devoid of the right to education owing to child labor. Since electricity is a dire need of people even in the utmost rural areas, many low-income families rely on kerosene lighting and exorbitantly expensive charging stations (taking up to 15% of their monthly income) to meet their energy needs, forcing children to toil hard to contribute to their income. That’s why YOLK invented ‘The Solar Cow’ – one of Time Magazine’s 100 Best Inventions of 2019. It’s a solar charging system installed in schools in the backward regions of Africa, allowing children to charge portable batteries called ‘Solar Milk’ while they attend class an...

16May

By Achare TakorNo Comments

African News, Cameroon News, Startups

Incentives For Digital Economy Production In Cameroon

By Achare Takor, Head of Intellectual Property Desk, Centurion Law Group An Overview of Section 124b of the General Tax Code Over the last decade, information technologies (IT) have revolutionized the way people and businesses carry out their daily activities worldwide. There is abundant evidence that the upsurge of technology has been a major contributor to fundamental economic change, notably the growth in global production and the distribution of intangible goods and services. As a result, the digital economy has become the new focus for economic growth in developing countries. With ICT set to become the engine of development in Cameroon in its role as a hub in the Central Africa sub-region, the 2021 tax scheme has been updated to promote innovative ICT start-ups. Eligibility for ...

14May

By Africa BusinessNo Comments

Kenya News, Startups

Why a wave of technology giants will come from Africa

Ian Lessem, Managing Partner at HAVAÍC, investors in early-stage, high-growth technology businesses, notes a significant increase in investment demand for African technology startups. He says startups on the continent are at a distinct advantage because they compete out of necessity. As a result, they can, and very often do stand toe to toe with startups in more the established tech hubs of Palo Alto, Singapore, London and Tel Aviv. “African innovators face local challenges so pervasive; they simply have no choice but to tackle them head on and become subject matter experts in finding solutions for real world problems like food security, health, education, safety, financial services and logistics.” Lessem adds that African technology driven solutions borne out of necessity create efficien...

11May

By Africa BusinessNo Comments

Events, 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 which they work and live. At an inflection point in their entrepreneurial journeys, Fellows will learn from MIT faculty, connect with investors, and expand their network of peer innovators. The Fellowship is open to entrepreneurs working and living in Uganda, Ethiopia, Ghana, Nigeria, Kenya, Rwanda, and Senegal. Building on the MIT ethos of Mens et Manus (Mind and Hand), the Foundry is ...

10May

By Africa BusinessNo Comments

South Africa News, Startups

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 facilitate the development of new ideas and projects that aim to make people's lives easier. Supported by Defy’s sister company, Beko, hackathon participants had the opportunity to develop new products, services, and business models with potential for commercialisation and to address existing challenges in Sustainable Living, Healthy Living and Financial Solutions. The hackathon focused on the individual, s...

5May

By Shahina ParvinNo Comments

Startups

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 released their first, the Roadster. And what’s not to hype about! Electric cars are more efficient than traditional vehicles. However, not everyone owns a car, nor do they want to. That’s where the XION CyberX comes in. The XION CyberX looks like it came straight out of a futuristic sci-fi game. It was inspired by the theme of the infamous game Cyberpunk 2077, so that makes sense. CyberX is a fully customizable e-bike with cool laser printed side panels, v...

30Apr

By Africa BusinessNo Comments

Medicine, South Africa News, Startups

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 believes that South African startups can compete with the best in the world thanks to a focus on smart innovations that answer real-world issues. “The biggest problems in the world are starting to feel fixable for the first time in history. Many people are still unaware of just what will be achievable with hyperscale technology tools like AI, IoT, blockchain, and nanotechnology, among others,” notes Myers. He adds that startups have a uniq...

28Apr

By Africa BusinessNo Comments

Startups

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 a place in the prestigious international HiiL Justice Accelerator programme, along with EUR 10,000 in funding and a package of tailored local support. In addition to receiving a significant boost of non-equity seed funding, selected startups will have the opportunity to present to an international jury and compete for additional cash prizes of up to EUR 20,000 a...