African startups Archives - Page 6 of 7

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...

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 ...

28Apr

By Africa BusinessNo Comments

Tech

Top Tech African Entities Collaborate to Boost Digital Transformation for 2021 and Beyond

“To inspire people, don’t show them your super powers. Show them theirs -” Alexander den Heijer. Africa Tech Week advocates are setting out to do just that. The event is the golden opportunity to showcase what’s hot in tech on the African continent - a platform to demonstrate to the rest of the world Africa’s super powers. Welcome to the ‘new frontier,’ Africa Tech Week, created in Africa, for Africans, by Africans. The event is taking place on the 5th and 6th of May, and we are expecting an excess of 3000 attendees. Everyone is aware that Africa has faced challenges, and it is together that we can solve them. Africa is a hotbed of potential in terms of measuring and testing concepts and ideas. What we lack in capital, we make up for in passion, resilience and a ‘can do’ attitude. Africa T...

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

20Apr

By Africa BusinessNo Comments

Startups

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

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 with professional investment managers with proven expertise, well established networks, and experience in scaling businesses both locally and abroad are non-negotiable. “We focus on bringing about strategic value in the companies we invest. Our approach is very much about solving backwards from the end goals and carefully considering what foundations need to be...

26Mar

By Africa BusinessNo Comments

Startups

Africa’s Best Corporate-Startup Collaboration Accelerator Now Open for Applications from the Most Disruptive Startups on the Continent

Technology sectors such as FinTech, InsureTech, AgriTech, eCommerce, HealthTech, and CleanTech are not only solving some of Africa’s most pressing problems, they are also contributing significantly to the continent’s economy. In fact, the so-called Internet economy is set to reach 5.2% of gross domestic product (GDP) by 2025, contributing about $180-billion to the African economy[1]. To develop the potential of startups driving the Internet economy, Telecel Group has opened applications for the ASIP Accelerator Program, powered by Startupbootcamp AfriTech. The Program helps startups achieve 18-24 months of growth in just three months. Now, the next generation of early-stage African tech startups disrupting a wide range of industry sectors are being sought. Ten startups will be selected to ...

Cape Town/Stockholm Connect Launches to Unlock Trade and Innovation Opportunities

22Feb

By Africa BusinessNo Comments

South Africa News, Startups

Cape Town/Stockholm Connect Launches to Unlock Trade and Innovation Opportunities

The Silicon Cape Initiative, in partnership with Wesgro, the City of Cape Town, Invest Cape Town, The Loudhailer, Business Sweden and the Embassy of Sweden, recently came together to launch Cape Town/Stockholm Connect. The Connect platform will bring together companies, developers, customers, investors, entrepreneurs, and institutions from across Cape Town and Stockholm via a series of activities. The project is set to run for the next three years, with the overarching goal of strengthening ties and facilitating bilateral collaboration between Sweden and South Africa. The launch event featured speakers sharing their insights about the startup landscape in both Stockholm and Cape Town together with the opportunities offered by each city. Kicking off the proceedings and setting the stage for...

HAVAÍC expects bumper year for African tech startups

18Feb

By Africa BusinessNo Comments

South Africa News, Startups

HAVAÍC expects bumper year for African tech startups

As one of South Africa’s most active Venture Capital investors, HAVAÍC says 2020 saw the commercial adoption of technology increase at unprecedented rates, as illustrated by the performance of HAVAÍC and its portfolio companies. 2020 saw HAVAÍC’s portfolio companies grow their revenue by a staggering 93%, and in the coming months, Ian Lessem, Managing Partner at HAVAÍC, believes the economic, social and commercial prospects for investing in the African technology sector looks promising, especially as the acceleration of technology adoption continues. According to the recent African Tech Startups Funding Report 2020, published by Disrupt Africa, the year produced a record for funding activity in the African tech startup ecosystem, owing to the increased number of active investors on the con...

29Jan

By Africa BusinessNo Comments

Startups

Workshop 17 Wins Global Startup Award – Competition expands across Africa

On the 27th of January 2021, the winners of the 2019 season of the Global Startup Awards (GSA) were announced at the Global Grand Finale Day. Bringing home an Award to Africa was Workshop17, which scooped Best Coworking Space in the world’s largest independent startup ecosystem competition. On outshining the other finalists from around the world, Paul Keursten, Co-Founder and CEO of Workshop17 says: “We are thrilled to be a winner of such an established, global competition. It is a recognition for our vision to be a platform for entrepreneurship and innovation, and a tribute to the whole South African ecosystem of start-ups and innovator.” Western Cape Premier, Alan Winde shares: "I am very proud of Workshop17's win in the Global Startup Awards. Over the past year, we have seen tradition...

Ventures Platform Foundation launches applications for Gov Labs

10Jan

By Africa BusinessNo Comments

Nigeria News, Startups

Ventures Platform Foundation launches applications for Gov Labs

VPF & National Endowment for Democracy call for tech solutions to protect Nigerians’ human rights during COVID-19 response Ventures Platform Foundation (VPF), the social impact arm of Ventures Platform Hub, has launched a call for applications for its latest incubation programme, Gov Labs - a 12-week programme for tech solutions implementing accountability and transparency within the Nigerian government’s COVID-19 response. Created with support from the National Endowment for Democracy (NED), the new initiative will support Civil Society Organizations from across Nigeria as they build innovative solutions promoting good governance and wide scale access to public services. From the pool of applicants, five organisations will be selected and will each receive a $2,500 grant as well as ac...

Development Trend of African Startups and Fintech

3Dec

By Shahina ParvinNo Comments

Fintech, Kenya News, South Africa News, Startups

Development Trend of African Startups and Fintech

Africa is a land of opportunity long neglected. It is unique and the diversity in cultures may make it difficult for something new to be accepted in society. However, the scenario has changed and African markets have started to gain attention from the past couple of years. Therefore, we can see the rise of African startups as regions progress with time accepting change. Consequently, poverty is going down and the African society promises a safe future and a solid education system for generations to come. Amidst this progress, the number of fintech companies in South Africa is emerging at a rather very fast pace. As the country is starting to embrace digital payment and banking systems instead of the traditional banking system, it has become easy for African tech startups to grab a hold of ...