Saturday, November 23African Digital Business Magazine

Tag: African startups 2023

Fintech, South Africa News, Startups

Unleashing Africa’s potential: A vision for innovation and entrepreneurship

SA Innovation Summit CEO Buntu Majaja looks back at this year’s successes and quantifies next year’s opportunities. -        SAIS2023 brought together 2,600 innovators from 26 countries -        The investment capital in attendance equalled around R30 mbillion -        Startups are pivoting to or building on AI  In the dynamic world of technology and entrepreneurship, the courage and determination of startup founders is invigorating. As the CEO of the SA Innovation Summit, witnessing these entrepreneurs, often unsure of their own capabilities until the moment of truth, fuels a passion for the role and a deep sense of responsibility as an enabler for the industry. It’s believed that everyone possesses an innate desire to contribute positively to the world, and it is this entrepreneuria...
Global Startup Awards Africa Announces 16 Category Winners Innovating for a Global Africa at the history-making Summit in Addis Ababa, Ethiopia
Egypt News, Ethiopia News, Kenya News, Nigeria News, Startups

Global Startup Awards Africa Announces 16 Category Winners Innovating for a Global Africa at the history-making Summit in Addis Ababa, Ethiopia

The Global Startup Awards Africa (GSA) Africa, in collaboration with the Global Innovation Initiative Group (GIIG), the Ethiopian Ministry of Labour and Skills (MOLS), the Ethiopian Ministry of Innovation and Technology (MInT) with the support of the Entrepreneurship Development Institute (EDI) Ethiopia, revealed the names of 16 category winners at the GSA Africa Summit in Addis Ababa, Ethiopia.  The GSA Africa awards began in 2021, a journey that has led to over 15,000 African innovators nominated from 54 countries, support of 300 jury members, ambassadors, and hundreds of innovation hubs across the continent. Jo Griffiths, co-founder of the GSA Africa and GIIG, highlighted, “The Global Startup Awards Africa aims to raise the visibility of African innovation as a unifying mechanism that...
Ethiopia News, Startups

Innovating a Global Africa: Global Startup Awards Africa Summit embeds innovation across startup nations

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. As we enter the Decade of Action, the GSA Africa platform seeks to showcase African world-changing innovation through a Sustainable Development Goal-aligned lens on the global and local stage.  Her Excellency, Ms Muferihat Kamil, Minister of Labour and Skills of Ethiopia will make an address on the first day of the summit. “Job creation and youth employment are crucial for the ongoing economic development of Ethiopia. Given the presence of a sizable young population eager to contribute, it is highly import...
South Africa News, Startups

Potential Market Impact Evident in Success of Tech Startups

Celebrating the Winners and Encouraging Growth: Insights from the Technology Innovation Agency's Pitching Competition at the SA Innovation Summit The Technology Innovation Agency (TIA) hosted an exciting pitching competition during the SA Innovation Summit from September 26th to 28th. The winners were commended for their impressive accomplishments, but TIA Acting Executive for Innovation Enabling, Vusi Skosana, reminded everyone that even those who didn't win have still achieved something invaluable. He emphasized that failure is not the end, but another chance to learn and grow. Skosana encouraged all participants to treasure their experiences, as they will undoubtedly contribute to future success. Skosana's inspiring message was inspired by the City of Cape Town's call to action,...
Startups

The 7th edition of EMERGING Valley will take place on November 28, 2023 to build the technological future between Europe and Africa

Under the high patronage of the President of the French Republic Emmanuel Macron, the 2023 edition of EMERGING Valley promises to be a major event to stimulate co-innovation and digital investments with societal and environmental impacts between Europe and Africa. 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 event takes place within the framework of the nomination of Aix-Marseille-Provence as the European Capital of Innovation for 2023. EMER...
Startups

How Corporates Can Win in Times of Economic Uncertainty

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. This represents a 21% increase from the previous year when only 62% of African companies ranked innovation as a top priority. Despite the absence of African firms in the top 50 most innovative companies in 2023, their readiness for innovation is on par with their global counterparts. But innovation is often complex and expensive and with strain on budgets it’s hard to imagine how more money can be spent on this. This where corporates can take a leaf out of the startup founders book – lean, agile, rapid prototyping, validation experiments, customer interv...
MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)
Angola News, Ethiopia News, Ghana News, Kenya News, Nigeria News, Republic of Côte d'Ivoire (Ivory Coast), Senegal News, South Africa News, Startups, Zambia News

MultiChoice Africa Accelerator Programme set to boost prosperity of African small and medium-sized businesses (SMME)

MultiChoice shortlists 11 start-ups to pitch for international funding and take their small businesses to the next level At a time when unemployment challenges and economic instability are high, small and medium-sized businesses (SMMEs) are proving to be the engines of economic growth and job creation throughout the African continent. In recognition of the critical role SMMEs play, MultiChoice launched the MultiChoice Africa Accelerator programme which trained 29 businesses across 9 African countries in key entrepreneurial skills. As the second leg of the programme, a panel of experts has selected 11 of the most promising small businesses and invited them to pitch to prospective international investors in Dubai. “There’s no denying the impact African SMMEs have on job creation and econ...