startups
-
Amazon Program Offers Employees $10K to Start Delivery Service Businesses
Amazon employees are getting an opportunity to become business owners, as the online retail giant announced earlier today that it would be expanding its Delivery Service Partner program. Created last year to encourage drivers to start their own package delivery services, the program now includes additional incentives to make the transition easier. Dave Clark, senior vice president…
-
SA regtech Intergreatme Out to Raise R24m Through Crowdfunding Site Uprise.Africa
SOUTH AFRICA-Johannesburg based regtech Intergreatme is looking to raise a whopping R24-million through crowdfunding platformUprise.Africa in exchange for a 20% share in the startup. The startup — which was founded in 2016 by James Lawson, Dewald Thiart and Luke Warner (pictured above, from left to right) — has an identity management platform which provides users with control of their…
-
Here Are The Eight Startups Chosen for The Nairobi Finals of The 2019 ASME Innovation Showcase
Eight startups from across the continent will convene tomorrow (9 May) in Nairobi to compete in the regional finals of the 2019 American Society of Mechanical Engineers (ASME) Innovation Showcase (ISHOW). ASME ISHOW is a global competition for hardware-led social innovation. At the regional finals, three grand prize winners will be selected for a share of $30…
-
Rwanda To Open Africa’s First Smartphone Manufacturing Factory in April 2019
In a bid to solve the massive ICT and technology issues that the country is facing while also creating more jobs in the fast pace growing IT world, Rwanda is set to open its first smartphone factory making it the first in Africa to locally manufacture phones that will meet the demand of the African…
-
Solar Energy is The Future Says Strive Masiyiwa
Strive Masiyiwa, Econet founder says mini-power grids based on solar energy are the solution to Africa’s energy problem. Masiyiwa made the prediction at a global conference of investors in Abu Dhabi in the United Arab Emirates. “The technology for solar power and battery storage has reached a stage where the cost and capability will deliver power…
-
Opportunities in agri-business: Exploiting The Strive Masiyiwa Model
The Founder and Executive Chairman of the Econet Group, Strive Masiyiwa, noted via Facebook that his friend, Akinwunmi Adesina, President of the African Development Bank (AfDB), used to tell him that “Agriculture is not a development activity, but an industry.” That is not far from the truth because the importance of agriculture in Nigeria cannot be…
-
Naspers to Invest $1 Billion in The Indian Food Delivering App, Swiggy
Naspers, the South African investment giant, is back at it in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round sees Chinese internet and Naspers ally Tencent join the party, alongside fellow new investors Hillhouse Capital and Wellington Management…