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  • Entries to one of Nigeria’s first female-focused tech accelerators close Friday

    African women-led tech startups looking to apply to join GreenHouse Capital -- one of Nigeria's first-female focused tech accelerators -- have just under three days to submit entries. Applications close on Friday (20 July). The three-month acceleration programme is run by Lagos-based venture capital (VC) firm GreenHouse Capital. The programme is also open to US or UK-based startups run by African woman-founders which have products that are scalable in African markets. To qualify for the programme startups must have at least one female member on their founding or leadership team. Those startups selected will receive a minimum of $100 000 investment on reaching specific programme milestones, office space at Vibranium Valley...

  • Company Office

    Don’t let expansion ruin a great company culture

    As a young company that primarily serves informal markets, we have quickly expanded into new regions on the African continent. While South Africa remains a key focus – and our base – we have invariably needed to establish a presence in other fast growing markets. In practice, this has meant that our management team spends a great deal of time away from the rest of the team – and working remotely. Without a doubt, this scenario is impacting the culture of the business – as the core structure shifts from a centralised management system to a more distributed model....

  • Five SA tech startups that are expanding into the rest of Africa [Updated]

    South African tech startups are slowly waking up to the massive untapped market that is the rest of the continent. If data from Ventureburn's 2017 tech startup survey is anything to go by, an increasing percentage of tech startups are looking to Africa to market their new solutions. In all 40% of the 260 SA tech startup founders Ventureburn surveyed in a 2017 tech startup survey listed Africa as their principal market, up from 13% in a 2015 Ventureburn survey which sampled 197 founders. Ventureburn spoke to five SA startups to find out how their expansion to the rest off the continent is going and what some...

  • Seedstars World announces the nine startups set to pitch at Seedstars Kigali

    Seedstars World, one of the largest startup competitions for emerging markets, has announced the nine startups that will pitch at Seedstars Kigali in the Rwandan capital this Friday (20 July). The nine startups will pitch in front of a panel made up of the head of communications agency Studio Red, Tanya Mulamula; Rwa Business Group's Ephraim Rwamwenge; Westerwelle Startup Haus programme manager Guido von Westerholt; and Seedstars World Africa regional manager Claudia Makadristo. In a statement yesterday (16 July) Makadristo pointed out that Rwanda's entrepreneurial ecosystem has made significant improvements in recent years. Seedstars Kigali takes place this Friday and will be held in...

  • Ghanaian agritech startup CowTribe crowned winner at Seedstars Accra

    Ghanaian agritech startup CowTribe has been selected as the winner of the Seedstars Accra. Seedstars World, one of the biggest startup competitions for emerging markets, announced CowTribe's win in a post on Twitter following a pitch event held last week Friday (13 July) in the Ghanaian capital By winning Seedstars Accra, CowTribe has secured an opportunity to represent Ghana at the global Seedstars Summit set to be held in Lausanne, Switzerland next year. At the conference, the startup stands a chance to win up to $1-million in funding. CowTribe will now represent Ghana at the Seedstars regional and global summits Nine other startups pitched at...

  • DEMO Africa innovation tour: Here are the Cape Town, Douala winners

    DEMO Africa has selected four startups from South Africa and Cameroon to compete for a chance to pitch at its launchpad in Morocco this October at DEMO Africa 2018. The four were selected following pitch events held earlier this month in Cape Town and Douala. Recycling collections company Reginize was selected as the winner of the Cape Town pitch event. The Cape-Town based greentech startup is focused on creating a recycling culture in South Africa. The startup's founders Chad Robertson and Nkazimlo Miti (pictured above) aim to do this through a rewards-based app that uses gamification to motivate people to recycle. Three startups from Cameroon...

  • How Google Launchpad helped prepare newly cash flush Aerobotics to scale

    Funding has little value if you don't put it to good use as some startups often discover when it's too late. This makes business advice from experts invaluable -- as Benji Meltzer, the co-founder of Cape Town aerial data analytics platform Aerobotics will likely know. It come hot on the heels of last week's Series-A funding announcement (for an undisclosed amount) in which local Nedbank was the lead investor. Aerobotics co-founder Benji Meltzer (pictured above right, with co-founder James Patterson (left) and Google research director Peter Norvig) told Ventureburn today that being part of the six-month Google Launchpad programme has helped the startup in place the necessary systems and processes that...

  • Top startup events in South Africa, Africa you should know about this week [16/07/2018]

    If you're thinking of expanding your startup outside of South Africa, you'll want to attend the Going Global workshop in Cape Town on Thursday (19 July) where representatives of startups that have taken that route will share their experiences with you. For those in Johannesburg, Heavy Chef is hosting serial entrepreneur Nic Haralambous on the same day (19 July) as he talks about failure. The Ghana Tech Summit which takes place between Wednesday and Friday (18 and 20 July) is one of West Africa's largest tech gathering with over 100 global speakers including representatives from Facebook, Uber, Airbnb, IBM, Microsoft and more. If you're in...

  • SA startup Aerobotics secures funding round from Nedbank VC fund [Updated]

    Local corporate and investment bank Nedbank has invested an undisclosed amount in Cape Town based aerial data-analytics startup Aerobotics. The bank was the lead investor in a Series-A round in which several other investors also took part, including a number from Silicon Valley. Among those that took part in the round (see below note at the foot of the story for the remaining list of investors) were online investment marketplace AgFunder and Silicon Valley investor Joe Caruso. Cape Town based venture capital 4Di Capital, which together with the Savannah Fund last year provided seed funding of R8-million to the startup, also took part in the round. Earlier today online business publication Moneyweb...

  • Here’s how startups that assist African women can tap $250k in funding

    Think you startup has the potential to "dramatically improve" the lives of women and girls in Africa? Then you could stand a chance to tap $250 000 in funding from US-impact investor Gray Matters Capital's GMC coLABS early-stage investment portfolio. The portfolio -- which invests up to $250 000 per company in revenue share investments -- issued a statement on Wednesday (11 July) that it is looking to fund six new enterprises every six months. GMC coLABS has two upcoming investment cycles that African social entrepreneurs can apply to. The deadlines for these are 15 September and 15 December. Earlier this week, Gray...

  • All 10 startups chosen for SBC AfriTech 2018 market ready – accelerator head

    The 10 startups that have been selected by Startupbootcamp (SBC) AfriTech for its 2018 cohort all have “market-ready” solutions, with SBC's sponsors ready to work with them “starting from today” -- the accelerator's CEO Philip Kiracofe said yesterday. Kiracofe was speaking at the announcement of the 10 startups selected to join the Cape Town-based accelerator’s second cohort, which was made yesterday, at the end of a two-day selection process held at PwC’s offices in Cape Town. The sponsors of the accelerator -- which recently underwent a name change to Startupbootcamp AfriTech to better reflect its focus on African tech -- include among others big names like RCS, BNP Paribas, Nedbank and Old Mutual. During the announcement...

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