funding for startups in africa Archives

5Aug

By Africa BusinessNo Comments

Startups

The Top Seven selected start-ups for the Irish Tech Challenge

Innovative entrepreneurs advance with €10,000 in funding and a curated networking tour to Ireland The Embassy of Ireland in South Africa, in partnership with Wits University’s Tshimologong Digital Innovation Precinct, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA) and Dogpatch Labs Ireland are delighted to announce the selection of seven tech start-ups for the prestigious Irish Tech Challenge South Africa 2024. Now in its third successive year, the collaboration aims to forge mutually beneficial partnerships between South African entrepreneurs and Irish technology expertise, leveraging Ireland’s global tech hub status. This year’s Challenge saw more than 350 entries from South African-owned, growth-stage tech start-ups focused on fulfilling ...

Four of Southern Africa’s best and innovative legal startups proceed to HiiL Justice Accelerator

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 by the Dutch Postcode Lottery. HiiL kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year which attracted more than 200 applications from startups with high-impact justice innovations. The stringent selection process comprised a week of intensive ‘bootcamp’ workshops for six regional finalists, and a pitching session in which they demonstrated their wor...

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 raised a total of US$625 million last year. Of those, Kenyan startups raised US$191 million, the most of any other African country, according to Disrupt Africa’s African Tech Startup Funding Report for 2020. Distinct startup geographies are emerging in Africa, each with the potential to become its own powerhouse,” he says. In addition, the World Bank predicts that two thirds of the world’s ...