African tech companies Archives - AfricaBusiness.com

17Sep

By Africa BusinessNo Comments

Africa Travel, Interview, Kenya News, Main, Startups, Zimbabwe News

The Challenges and Prospects of Passport-Free Travel in Africa Using Biometrics

Willys Mac'Olale , Director of Fragomen Kenya An interview with Willys Mac’Olale, Director of Fragomen Kenya, on the innovative opportunities and barriers in using biometrics, particularly facial recognition, for passport-free travel. African countries must make an innovative leap to reach a new level of development that will improve the lives of people in Africa. What are the main drivers behind the shift to passport less travel and facial recognition in countries like the US, UAE and Europe? There are a number of reasons for this adoption including; Enhnaced security – The fact that passport less travel typically relies on biometric data which is more secure and harder to forge than traditional passports reduces the risk of identity theft and fraud. Streamlining Tr...

PRE-SEED INVESTMENT PROGRAM MADICA ANNOUNCES FIRST SET OF AFRICAN TECH PORTFOLIO COMPANIES

24Apr

By Africa BusinessNo Comments

Startups, Tech

PRE-SEED INVESTMENT PROGRAM MADICA ANNOUNCES FIRST SET OF AFRICAN TECH PORTFOLIO COMPANIES

Pan-African Program Adds New Hires, Kicks Off Founder Immersion Networking Trips, Ecosystem Collaboration Madica, a structured investment program designed for pre-seed stage startups in Africa, announced its first set of investments in three startups today. In line with Madica’s mandate, each startup has received an investment of up to $200,000 and is now a part of Madica’s comprehensive investment program which includes 18 months of dedicated company-building support tailored to the unique needs of each startup. Madica delivers its support through a highly personalized curriculum, hands-on mentorship, invitations to fully-funded week-long founder immersion trips, executive coaching opportunities, and access to madica’s global network of investors for follow-on funding - all designed to s...

17Dec

By Africa BusinessNo Comments

Tech

How 2021 has shaped the future of IT

Everyone, from software developers to school children, watched in awe as the world rapidly shifted online during the past two years. In fact, COVID has accelerated digital transformation by seven years, says Marilyn Moodley, Country Leader for South Africa and West, East, Central Africa at SoftwareONE. “This has changed, and will continue to shape, the world as we know it. Though the information technology sector creates digital transformation, these trends are informed by consumer demands.” Here are seven ways these demands will influence the sector in the near future: Continuous virtualisation Also referred to as the metaverse, continuous virtualisation might sound like garble from a science fiction film. But its real-world applications are diverse, and already impact consumers in the...

16Dec

By Africa BusinessNo Comments

Nigeria News, Tech

Ventures Platform Secures First Close of US$40mn Pan-African Fund

Ventures Platform, the early-stage “discovery” venture capital fund championing the next generation of African entrepreneurs, has announced the first close of its new US$40m Pan-African, early-stage fund to invest in market-creating innovations. With this close led by the Nigeria Sovereign Investment Authority (NSIA), the new fund features participation from existing investors and some new leading names across Africa’s corporate and tech ecosystems, including UAC Nigeria, VFD Group, Gbenga Oyebode, Shola Akinlade (Paystack), and global investors like; Michael Seibel (Y Combinator) and Adam Draper. A second close of the fund is due to take place in early 2022 and will feature investment from select global Institutional Investors and DFI’s. Building upon its stellar reputation as one of the...

10Oct

By Africa BusinessNo Comments

GITEX, Tech

Africa to take center stage at GITEX Global 2021 – Save the date to the exclusive B2B tech gathering

The countdown has begun. From October 17-21, over 100,000 B2B tech players, including industry leaders, key influencers, public-sector stakeholders, 4000 exhibitors, and government officials from Africa and every corner of the world, will converge at the biggest tech show of the year in Dubai to discover the latest innovations and connect with 400 high-level investors and potential strategic partners. Vision 2030 Africa This year, Africa’s digital transformation will be brought to the forefront of this unique five-day B2B tech gathering. The continent will take centre stage at the event with the Vision 2030 Africa conference. Ministers, Director Generals, and high-ranking officials will share exclusive insights on their country's digital transformation roadmaps. Throughout the event, ...

9Oct

By Africa BusinessNo Comments

Events, Startups, Tech

TLcom Announces 3rd Africa Tech Female Founder Summit

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 Minister of Australia and Chair of Andela, who will discuss how founders should think about establishing and working with their boards from early-stage growth to scale. With the event now being held for the third successive year, TLcom has opened applications for female tech founders across Africa and the Diaspora to attend this year’s virtual summit, which also features female C-Suite executives from Africa’s leading tech star...

21Jul

By Africa BusinessNo Comments

South Africa News, Startups

Top 5 Technopreneurs to Bring their A Game in The AYO Scaling Africa Series

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 for their standout proposition within the landscape of tech business in South Africa, as well as for clearly articulating and demonstrating their potential for rapid growth and sustainability. The founders, and their teams, will now test their mettle against one another with the overall winner claiming the R100 000 cash prize from investment group AYO Technology Solutions (AYO). However, the AYO Scaling Africa Series goes beyond a single ca...