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Tech & Business
- Engineers from Botswana, Côte d’Ivoire, Ghana, Kenya, Nigeria, Rwanda, Tanzania, and Uganda have made it to the Africa Prize shortlist.
- The innovations for 2023 span a range of novel ideas, including fabrics crafted from fungi cultivated on human waste, technological advancements in chicken farming, recycled plastic roof tiles, and an app-driven waste management service.
- These inventive projects contribute to the extensive network of Africa Prize innovators, which now boasts 133 alumni spread across 21 African countries, all dedicated to catalyzing transformative change through locally-driven solutions.
- The culmination of the competition will see four finalists competing for a portion of £60,000, with the ultimate winner receiving £25,000.
Africa Prize has shortlisted 16 innovators, marking the 10th anniversary and featuring representation from eight African nations, including Botswana that is making its debut.
The initiative which was started in 2014 by the Royal Academy of Engineering in the UK, the Africa Prize serves …
Africa has today emerged as a fertile ground for groundbreaking startups. As 2024 approaches, the continent’s startup scene is buzzing with activity, marked by impressive funding rounds and strategic expansions. This trend is a fleeting moment and a testament to African entrepreneurship’s resilient and dynamic spirit.
The Exchange Africa spotlights five startups thriving and redefining the business landscape in their respective sectors. From renewable energy solutions in the Democratic Republic of Congo to digital health platforms in Kenya, these companies embody the ingenuity and potential of Africa’s business ecosystem. They attract significant investment and are poised to substantially impact their communities.…
- Three Kenyan startups have been selected for an incubation programme after winning the Cyber Security Hackathon at the just concluded Blue Economy Innovation and Investment Summit.Â
- The three startups, which are based in Mombasa include Bio Secure, Tide Safetynet and Seatrust Navigator.Â
- Sote Hub Founder David Ogiga says the three startups will receive six months technical and financial support to bring their ideas to life.Â
Three Kenyan startups have been selected for an incubation program after winning the Cyber Security Hackathon at the recently concluded Blue Economy Innovation and Investment Summit. The startups, based in Mombasa, include Bio Secure, Tide Safetynet, and Seatrust Navigator. Sote Hub Founder David Ogiga stated that these three startups would receive six months of technical and financial support to bring their ideas to life.
“Our focus for this year’s hackathon at the conference was circular economy, cyber security, blue economy, climate change, and the digital …
- Korea’s smart tech firms have set sights on Kenyan market to provide smart technologies as Kenya steps up its smart city game.Â
- Three smart tech Korean companies have signed MoU with Kenyan firms to bolster Kenya’s aspirations of becoming regional ICT hub.Â
- The trend-setting firms are among 15 companies showcasing at the Korean Pavilion, seeking to strengthen Kenya-Korea business ties.
Korea’s smart tech firms are seeking entry into the Kenyan market to provide intelligent technologies as Kenya gears to step up its smart city investments.Â
Speaking during the unveiling of the Korean Pavilion at the 2023 BIG 5 Construction Roadshow in Kenya, Korea Trade Development Agency (KOTRA) managing director Eom Ikhyun said three Korean companies have signed a Memorandum of Understanding (MoU) with Kenyan companies.Â
Korea GT has signed an MoU with SONVAR Chemicals, while POQUTEC has struck a deal with Regal Equipment. Further, SJ Chemical has signed an MoU …
- Early stage startups in East Africa are set to benefit from the launch of a new accelerator programme by tech giant Safaricom.
- Safaricom is partnering with M-PESA Africa and Sumitomo Corporation, a leading Fortune 500 global trading and business investment company.Â
- The accelerator plan dubbed Spark Accelerator is aimed at supporting early stage startups to grow and scale their businesses.Â
Early stage startups in East Africa are set to benefit from an accelerator programme by Safaricom in partnership with M-PESA Africa and Sumitomo Corporation, a leading Fortune 500 global trading and business investment company.Â
The accelerator dubbed Spark Accelerator is aimed at supporting early stage startups to grow and scale their businesses. The program will provide target startups with access to market, access to capital, technology and product development support. Previously, Spark Fund only offered capital injection.
Early stage startups to get mentorship
Safaricom CEO Peter Ndegwa says the move …
The digital connectivity of a continent plays a crucial role in shaping its economic growth and development. Africa, a continent often regarded as the cradle of human civilization, is experiencing advancements in its digital infrastructure. The latest stride in this journey towards a tech-savvy Africa is a substantial commitment by the Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group, and its fund manager, Ninety One.…
As the world steadily transitions into the fourth industrial revolution, Africa has significantly highlighted its potential to dominate emerging markets. Amid these revolutions, Africa’s fintech, Mobile, Web3, and E-commerce industry has rapidly increased, welcoming more investors daily. Africa’s fintech industry is by far its most promising market, with investors producing promising startups like Yellow Card, Luno, and Flutterwave…
