startup hubs Archives - AfricaBusiness.com

Top African regions set to become leading startup and investment hubs

26Jul

By Africa BusinessNo Comments

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 ...

9Jul

By Africa BusinessNo Comments

South Africa News, Startups

Seven South African legal startups to pitch for EUR 10,000 grant

Virtual pitching event to occur on 13 July, register to attend The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year. With more than 200 applications from startups with high impact justice innovations, HiiL has selected the top seven in Southern Africa to pitch to an esteemed panel and are inviting interested community members to join the presentation. Adam Oxford, Head of the HiiL Innovation Hub Southern Africa, says that an estimated 70 percent of justice problems remain unresolved due to lack of access, trust, and high costs. These issues often result in poor outcomes for health, equality, and economic stability. “By addressing justice over the past...

23Apr

By Africa BusinessNo Comments

Rwanda News, South Africa News, Startups

Africa as a Driver of Technovation

Sustainable digital transformation, applied in the context of startups, tech hubs and big business is what will define Africa as the “new frontier,” enabling actionable inspiration far beyond the continent. Founded in Africa, by Africans, for Africans, the most important tech event of the year, Africa Tech Week 2021, is set to be a platform and springboard for like-minded individuals and thought leaders can catapult themselves into a successful space. A space where digital change and evolution is quite possible. In the words of Elon Musk, the great industry disrupter, “Some people don't like change, but you need to embrace change if the alternative is disaster.” The poll data from Africa Tech Week 2020 showed that out of the 904 registrants that attended the event, only 42.6 were confident...

Cape Town and Stockholm: Two of the World’s Leading Tech Hubs Connect to Support Startups

3Feb

By Africa BusinessNo Comments

Startups

Cape Town and Stockholm: Two of the World’s Leading Tech Hubs Connect to Support Startups

On Wednesday, 10 February 2021, Stockholm - the birthplace of fast-growing tech companies like Skype, Spotify and Klarna - will be joining forces with Cape Town, Africa’s Tech Capital and home to startups such as Aerobotics, SweepSouth and Sea Monster, to launch Cape Town / Stockholm Connect (CSC). This is a platform that will bring together companies, developers, customers, investors, entrepreneurs, and institutions from across Cape Town and Stockholm via a series of activities. It will also serve as a meeting point and provide participants with well-organised matchmaking opportunities and company visits while also supporting individual requests. The launch event will feature a diverse group of speakers sharing their insights about the startup landscape in both South Africa and Sweden. T...

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...