FSD Africa, the UK Government’s flagship financial sector programme in Africa, is making an initial investment (£650,000) in a highly innovative digital solution connecting carbon credits from small-scale green projects across the global south to international buyers. The investment will deliver funding through the test phase of the solution being developed by Nick Hughes, who […]
Category Archives: Startups
startups
Peach Payments is pleased to announce that it has set up an office in Mauritius recently in pursuit of its pan-African expansion strategy. As a FinTech start-up that was set up in South Africa in 2012 and expanded into Kenya in 2018, the company is set to make a significant contribution to the pan-African FinTech landscape […]
By Jana Botha, Tax Consultant, and Prenisha Govender, Associate, Tax Practice, Baker McKenzie Johannesburg The pandemic-fuelled growth of the digital economy and unabated demand for online retail products across Africa have led to extensive disruption in the Consumer Goods and Retail Sector (CG&R) sector. Due to a growth in demand for online retail, CG&R companies […]
Julia Gillard, Former Prime Minister of Australia & Chair of Andela, announced as keynote speaker TLcom Capital, the Africa-focussed venture capital firm, has officially announced the launch of the 2021 Africa Tech Female Founder Summit, which will be held virtually on Wednesday 13th October 2021. The keynote session is headlined by Julia Gillard, former Prime […]
The EMERGING Valley international summit, an unmissable annual meeting for African and European Tech stakeholders, is aimed at entrepreneurial ecosystems and organic innovation in Africa, the Mediterranean and Europe. Startups, public decision-makers, large groups, investors, tech hubs, and public and private international institutions from over 70 countries, will come together in Marseille to present the disruptive […]
It was all systems go at the inaugural Demo Day for the Telecel Group Africa Startup Initiative Program (ASIP), powered by leading tech accelerator, Startupbootcamp (SBC) AfriTech. For the top ten startups selected from a pool of over 2,200 applications, it represented the culmination of three months of hard work, great effort, and the promise of a bigger future. […]
While 2020 was a record year for investment into the African tech startup ecosystem, with more startups raising more money from more investors than ever before[i]- critics and commentators alike have often claimed that Silicon Valley-style investment frameworks are ill-suited to the continent’s diversity and nuanced need for funding. With investment into African startups considered […]
Cape Town is featured in the world’s preeminent report on advancing startup ecosystems – ranking as the #1 African Ecosystem in Knowledge The 2021 Global Startup Ecosystem Report (GSER) by Startup Genome and the Global Entrepreneurship Network was launched today at London Tech Week. The GSER is the world’s most comprehensive and widely read research on startups […]
All roads lead to Dakar, Senegal this month for the first cohort of the Telecel Group Africa Startup Initiative Program (ASIP) Accelerator Demo Day. After a grueling three months of pivots and business development facilitated by leading tech accelerator, Startupbootcamp Afritech, the Top 11 startups will showcase their work to a live audience on 30 September 2021. Taking […]
The Annual Investment Meeting 2022 will focus on SMEs and Startups by offering funding and financing opportunities and strategies to maximize the growth potential of businesses. The world’s renowned and leading investment platform, The Annual Investment Meeting will be held on 29 – 31 March 2022, under the theme “Investments in Sustainable Innovation for a […]
Focussed on catalysing dramatic change via disruptive tech investments in emerging markets, the Global Innovation Initiative Group (GIIG), has today announced the launch of a unique profit and purpose fund aimed at investing in early-stage tech innovation startups across Africa. The GIIG Africa Fund, a Curaçao-based private investment fund, will invest annually in the winners pool […]
On Thursday, 16 September 2021, startup ecosystem stakeholders will be unveiling the latest findings and plans towards the development of a proposed South African Startup Act – a call to the President to unleash the growth and innovation inherent in the country’s entrepreneurs and youth. These findings, gathered over the past six months via desktop research, focus […]
With steady population growth and rapid urbanisation in the Cape Winelands expected to put severe pressure on the district’s public services[i], Stellenbosch Network has opened nominations for its second annual #IdeasForChange Challenge. In doing so, the organisation invites all people living, working or studying in Stellenbosch and surrounds to submit their innovative ideas towards making Stellenbosch a […]
‘Mission for the Future’ Challenge Seeks Innovations that Improve Quality of Life LG Electronics (LG) announces the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future. This inaugural competition is hosted by the company’s new Silicon Valley-based innovation […]
SOL unveils virtual card and new brand as it redefines the customer experience SOLmate, an online payment platform that offers clients a digital wallet facility, has unveiled an exciting new product offering together with an extensive rebrand and renewed corporate vision. Following a name change to SOLmate, the fintech has launched a new, innovative virtual card […]
Did you know that, contrary to what one might think, older age groups are the fastest-growing segments of many social media platforms’ audiences[1]? Facebook, for example, saw users above the age of 65 increase by roughly 25% over the past year[2], while those aged 50 plus represent Snapchat’s fastest-growing audience segment[3]. “When brands decide that […]
Youth Employment Service (YES), in collaboration with Metropolitan GetUp and Ford SA, has launched the Youth Content Collective (YCC) – a platform that connects talented black South African content creators with businesses, so that these young individuals can earn a meaningful living from their creative abilities. YCC launch: From left to right: James Boulton (Marketing […]
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four exciting innovators are part of a global cohort of 18 organisations who will receive EUR 10 000 funding and business development support. Southern Africa’s HiiL Justice Accelerator programme is funded […]
Omnisient is a leading technology provider of a secure data collaboration platform that empowers organisations to derive deep insights from their data. The company helps organisations unlock growth opportunities and new audience segments without compromising the privacy of their customers. Omnisient’s recent recognition by the World Marketing Congress proves yet again that the African continent is producing […]
Kenya News, South Africa News, Startups
Top African regions set to become leading startup and investment hubs
On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other African cities are quickly emerging as leading startup and investment hubs to watch. “Startups in Nigeria, Kenya, Egypt and South Africa […]
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 […]
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, […]