DEMO AFRICA REVEALS 35 SHORTLISTED STARTUPS

Demo Africa has revealed the 35 chosen startups that will have a chance launch their products in Johannesburg, South Africa this year for the event. The currently shortlisted 35 startups were chosen from a large pool of 956 applicants from 29 African countries. The 35 startups are destined to be

INV FINTECH ACCELERATOR TAKES IN STANDARD BANK

South African Standard Bank has been accepted to join the global INV Fintech accelerator program. INV Fintech is a US-based accelerator program designed for post-seed-stage fintech startups. The program was originally started back in 2015 through a partnership between the financial services firm Fiserv and the financial technology news platform

MANAGING DIRECTOR OF MEST PLANS MAJOR EXPANSION

The pan-African entrepreneurial training program, seed fund, and incubator by the name of Meltwater Entrepreneurial School of Technology (MEST) is now led by the new managing director, Aaron Fu. MEST is doubling its efforts to expand across the continent of Africa and just recently appointed the managing partner at NEST,

COWORKITE OFFERS WORKSPACES FOR NOMADIC ENTREPRENEURS

CoworKite is a co-working space startup based in Cape Town. The startup is offering entrepreneurs and startups access to community driven “workations” that range from one week to three months long. CoworKite launched last year near Cape Town in a city called Blouberg, providing internet, offering workspace, as well as

MERCK NAIROBI ACCELERATOR CHOOSES SOPHIEBOT

SophieBot is an e-health startup based in Kenya. The Merck accelerator program has selected SophieBot to participate; allowing the startup to gain access to office space along with personal mentorship and $60,000 USD in funding. This will be the fourth time that the accelerator program has been run by Merck.

INVESTORS SHOULD FOCUS ON HEALTHCARE

The focus of investors in South Africa has been on backing innovations in the field of Fintech. Rob Heath from the investment and advisory firm HAVAIC has advised that investors should instead be turning their attention to the healthtech field. Interest has risen greatly in the fintech sector is South

NIGERIAN STARTUP WALLET.NG HAS MADE POWERFUL ALLIES

Wallet.ng originally launched last year as a digital payments platform that allows people to send and receive money more easily; all they need to do is use their phone numbers. The platform is currently aiming to increase their efficiency and provide lower costs for their services that they provide. To

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