Sentech Africa Tech Week 2022 made its fourth consecutive appearance this year, providing a platform where 5,000 attendees came together – in person and virtually – to learn, be inspired, and meet those in the industry who are making a remarkable impact on solving Africa’s unique challenges. Held at the Cape Town International Convention Centre […]
Tag Archives: African startups
On August 30th, the SIBC officially launched its 6th edition, welcoming the 43 entrepreneurs selected for the 2022 cohort. These social and inclusive entrepreneurs were chosen among more than 380 applications across Africa to participate in an intensive program aimed at preparing them for scaling up, through training, mentoring, peer-to-peer exchanges and meetings with investors. To contribute to […]
South African proptech leader Flow has won the Best Late-Stage Startup award at the 2022 AfricArena Summit, held in Johannesburg last week. The summit was a side event to the South African President Investment Conference and supported by the Technology Innovation Agency and VC firm Edge Growth. Over 140 in-person attendees and more than 1 […]
The Swedish AI Fund (SAIF) is an NGO with the purpose of providing financial aid, grants, and scholarships globally to those who are working, researching, and/or involved in the AI industry towards equality, safety, and security in the field of AI. To achieve this end, several public and private actors are collaborating in SAIF. In […]
African startups face various challenges – from raising funds to securing their first contracts. And for more than half of African startups[1], these challenges will be insurmountable. But for one startup working on the continent, a pan-African Accelerator Programme has unlocked both seed funding and long-term contracts. When Stephan Eyeson, CEO and Co-Founder of Survey54, joined Startupbootcamp […]
In 2021, the mobile industry in sub-saharan Africa continued to show incredible resilience against the impacts of Covid-19 and experienced high growth. Digital solutions have provided instrumental support for communities and businesses, boosting their transition into adopting a mobile-first approach to tackle most of the daily challenges across the continent, with fintech applications dominating this […]
This is off the back of the Home-Grown Solutions (HGS) Accelerator for Pandemic Resilience, an initiative that aims to accelerate the growth of African healthcare companies to strengthen the continent’s pandemic resilience The African Union Development Agency (AUDA-NEPAD), Japan International Cooperation Agency (JICA), African Export–Import Bank (Afreximbank) and Boston Consulting Group (BCG) held an event […]
AfricArena, which provides open innovation challenges, research and dealflow services to help accelerate the work of founders, investors and corporates, hosted its fifth annual Summit from 16 – 17 November in Cape Town. It was preceded by its Founders’ Bootcamp and VC Unconference Weekends, attended by 60 high level international investors and 40 startups from […]
A new book from Burnet Media, Cape Town will inspire and guide the next generation of African entrepreneurs. Failing To Win by Mike Quinn is the authentic story of a uniquely African startup at the forefront of the continent’s fintech revolution. Inspired to become the “M-Pesa of southern Africa” after Kenya’s pioneering mobile money innovation, […]
This week, the 2021 United Nations Climate Change Conference (COP26) got underway in Glasgow, turning the world’s attention to the global climate crisis and the solutions needed to address this. But many solutions already exist… in Africa. “Whilst we are delighted that nearly 500 global financial firms have agreed to align $130 trillion – 40% of the […]
African unicorns have made big news in recent months, with four startups having recently reached a $1 billion valuation or more this year alone, taking the total up to seven. Two of the new entrants are in fintech, one in edtech, and one in general technology. These and other technology-enabled sectors are where emerging market […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]