As the market for Virtual Reality (VR) is growing rapidly, these are the 5 VR Startups to Watch in 2021 Written By Adriaan Brits The market for virtual reality (VR) and augmented reality (AR) technology, which uses advanced displays and movement-tracking to immerse its users in a particular experience, is set to grow at a rapid clip in the coming…
South African e-health VitruvianMD raises 8-figure ZAR funding round Written By TOM JACKSON South African e-health startup VitruvianMD has raised an eight-figure ZAR – so at least ZAR10 million (US$659,000) – funding round in order to scale its tech and launch more pilots. Founded last year, VitruvianMD combines biomedical engineering and state-of-the-art artificial intelligence (AI) to deliver…
SA fintech startup Revio set for continental expansion as it powers SaaS businesses Written By TOM JACKSON South African fintech startup Revio, a subscription billing and payments platform that powers software-as-a-service (SaaS) businesses, is planning an expansion into other African markets soon. Co-founded in 2019 by venture builder The Delta and a private investor, Revio is a SaaS company…
Eight African fintech startups have been selected to participate in the latest edition of the GreenHouse Lab accelerator, securing access to funding and mentorship. Written by TOM JACKSON GreenHouse Lab is the flagship accelerator programme run by GreenHouse Capital, a Lagos-based fintech investment fund and platform focused on supporting early-stage companies and world-class emerging market entrepreneurs…
In my experience in the Startup space, I have spoken to at least 30 founders. Although it is impossible to meet the perfect person in any circumstance, it is possible to attain a level where one can be ranked as a professional and have the ability to manage a business and people effectively. Starting a…
How Nigeria’s Nguvu Health provides on-demand therapy sessions to Africans Written by TOM JACKSON Nigerian startup Nguvu Health is providing on-demand online therapy sessions to Africans anywhere in the world via their smartphones. Founded in March 2020, Nguvu Health utilises Android and iOS apps to connect users with licensed therapists via in-app messaging or video call, in…
More than 300 African tech startups have raised over $1.1bn so far in 2021 Written by TOM JACKSON More than 300 African tech startups have raised more than US$1.1 billion combined so far in 2021, the first time the sector has broken the US$1 billion mark – and with four-and-a-half months of the year still to…
According to Adeva IT, as of 2018, women held only 25% of all the jobs in the tech industry, despite women making up almost half of the total workforce. It is a known fact that women are under-represented in the African tech ecosystem. More women need to find their way into tech in Africa and…
Impact-Driven Startups Are a Gold-Mine for Investors Written By Krishna Athal ENTREPRENEUR LEADERSHIP NETWORK CONTRIBUTOR Investors across the globe are finding ways to unleash the power of their capital by trying out different industries and business models. Most investment-seeking entrepreneurs believe that projecting massive profits is the best way to impress investors. Many entrepreneurs also…
MAGNiTT has announced the launch of its first quarter of 2021 reports, which shows Egypt among the top three in MENA regions with the highest startup investment rates. MAGNiTT has announced the launch of its first quarter of 2021 reports, which cuts across the eCommerce, food and beverage, fintech, delivery and logistics, and healthcare sectors….
? VIDEO:10 Most Innovative Startup Companies in Nigeria 2020 Technology and Innovation offer great opportunities for Nigeria to grow her economy if huge and deliberate investments are made towards that. Startups and small businesses are the engines that will drive such economic development in our country and in Africa at large. Therefore our young…
Agriculture in Nigeria no doubt offers great hope of economic development for the country and the continent at large.At a time that Nigeria is gradually being recognized for her Agricultural products and capabilities,food wastage has being a big challenge.Recently we came across ChiBlenders Green, a food technology and logistics company based in Abuja,Nigeria which is fully committed…
Success in a startup is the result of the collective efforts of many individuals. While founders deserve recognition for their vision and leadership, it is important to acknowledge the critical role that operators and employees play in the company’s growth. These individuals take initiatives, work hard, and make countless contributions to the success of the…
After 100+ applications from around the globe, 10 post-seed and pre-series B stage Fintech companies have been selected and are ready to scale to new heights through the NadiFin Fintech Accelerator program, powered by MiddleGame Ventures and Farvest in partnership with the Luxembourg House of Financial Technology (LHoFT). Program partners for the 2019 NadiFin Fintech…
Applications are now open for the NadiFin Fintech Acceleration program powered by MiddleGame Ventures and Farvest in partnership with the Luxembourg House of Financial Technology (the LHoFT), until April 10th, 2019. NadiFin will bring together post seed and pre-series B stage Fintech companies from around the world to learn and engage through a unique curriculum and a…
Five promising start-ups from across Africa have been chosen as regional winners in MEST Africa’s annual Pan-African pitch competition, moving one step closer to winning $50,000 in equity investment, a place in the MEST Africa incubator of their choice and global mentorship to help their company scale. Winners will pitch on a global stage in…
The top 30 health-oriented innovations selected from a field of more than 2 400 entries to the first-ever WHO Innovation Challenge will be formally recognised on the opening day of the second WHO Africa Health Forum in Praia, Cabo Verde, on 26 March 2019. The WHO Innovation Challenge received a total of 2 471 applications…
The Bill & Melinda Gates Foundation Global Grand Challenge for Health Innovation and Development seeks application from Emerging technology organisations to solve global health problems with their solutions.Applications are required in the following areas : Artificial intelligence for image analysis of human patients (e.g., fetal ultrasound, infant optical neuroimaging, or infant video data) or human biosamples (e.g.,…
Are You a Remote-sensing, Artificial Intelligence (AI) or UAV Drone Company? Then Enter for the €175,000 Ag-Tech Developer Challenge by the Rainforest Alliance .This is a competition to build a remote-sensing data product that links to and adds value to the mobile-enabled FDPs. Through this competition we hope to stimulate participants to create innovative ideas. Two prizes,…
Regional finalists for the MEST Africa Challenge 2019 has been announced.50 Start-ups have been selected to take part in the annual MEST Africa Challenge regional finals that will take place February 27 and 28 in Accra, Lagos, Nairobi, Cape Town and Abidjan. According to MEST Africa five regional winners will be flown to the MEST Africa…
Flutterwave, a global payments solutions business based in Africa has collaborated with Visa to launch GetBarter. This is an app that lets consumers and merchants to pay and collect payments home and abroad. This GetBarter application is a lifestyle payment solution that functions globally with an existing user base in countries like South Africa, Kenya,…
Going by the recent report by GSMA, 128 tech hubs have kick-started their operations across Africa since 2016. Comparing with the recent reports of 442 active hubs just last year, this is massive progress. This progress is unrivaled and is a great signal as to why we can look forward to further growth. What…
Andela, the company building distributed engineering teams with Africa’s top software developers, today announced the completion of a $100M Series D funding. The round was led by Generation Investment Management with participation from existing investors including Chan Zuckerberg Initiative, GV, Spark Capital, and CRE Venture Capital. The most recent financing brings Andela’s total venture funding…
Picture R-L shows: Ms Vaishali Nitturkar, Founder, The Gyan Tree presenting Award to Dr. Enokela Owoicho Moses for Best Innovation in Healthcare (SonoCare) at the Nigeria Innovation Summit 2016 — at Sheraton Lagos Hotel. GMC coLABS, the gender lens investment portfolio of US based impact investor Gray Matters Capital (GMC), yesterday announced its investment in SonoCare, a Nigeria based…
The World Health Organization (WHO) in the African Region has launched the first WHO Africa Innovation Challenge calling for health innovations with the potential for having significant social impact and addressing the unmet health needs on the continent. “This Innovation Challenge recognizes the critical need for innovations to address the continent’s challenges in healthcare,”…
Startupbootcamp (SBC), a global family of industry-focused accelerators, last year launched its first-ever Africa-based programme. Building on the success of its inaugural 2017 Cape Town tech venture accelerator program, SBC Cape Town now embarks upon its FastTrack tour for 2018 – sourcing top-tier tech startups to join the programme’s second year. The first-ever Cape Town…
Nigeria’s digital publisher, Publiseer, has been announced as one of the 14 finalists of the 2018 Harvard Business School’s New Venture Competition,taking place in Boston, MA, United States, on March 2, 2018. The Africa Business Club at Harvard Business School will be hosting the competition to showcase the diversity of entrepreneurs making a difference on…
Tony Elumelu Foundation Accepting Applications For 4th Cycle Of $100M Entrepreneurship Development Programme 2018
All On is launching the Clean Energy Innovation Challenge, in partnership with Co-Creation Hub to facilitate increased access to affordable, reliable and sustainable energy sources for low income households, small and medium scale enterprises, and communities. All On works with partners to increase access to commercial energy products and services for under-served and un-served off-grid…
Seedstars World (SSW), the global community and platform for entrepreneurs in technology in emerging markets and fast-growing startup scenes, is hosting the third annual Seedstars Africa Summitthat connects the most relevant players in innovation and technology in Africa with the world and between each other. Tickets are available now on www.seedstarsafrica.com. After hosting competitions in 20 Africa…