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$1.34 Billion for African startups & more AfriTech updates

2/19/2020

 
AfriTech XYZ News:
  • Join us at 6:30pm on the 27th of February at Wayra UK to build your network of Africa-focussed tech & non-tech professionals. Register here. 
  • We were invited to work with the UN’s World Food program and the Elon Musk funded XPRIZE Foundation on their efforts to democratise access to the resources they have available to agritech founders across the world. Find out
    how international startup competitions fail African agri-tech founders & what we're doing about it.
  • In conversation with Owen Madara: Country Director of Growd Global talks with our founder Bayo Adelaja. Find out more about Growd's intelligent approach to developing young Kenyan minds. 

 Startup Opportunities & Events
  • If you're an African entrepreneur you can win a fully sponsored trip to London to pitch at the Africa Business Summit and a share of up to £10,000 in award prizes, find out more here.
  • Emerging Tech, 28th February, Lagos. Emerging Tech will convene entrepreneurs, investors, policymakers and corporate organizationsincluding telcos and financial institutions to examine how businesses, individuals and countries across the continent can maximize the benefits of emerging technologies, specifically AI and Blockchain. 
  • The new Google Developer Space which sits in Africa’s most active tech hub, Lagos, Nigeria, is now open and free to African developers, entrepreneurs, and startups and will house the Google Launchpad Accelerator Africa. 
  • VC4A has created free courses together with top experts on doing business in Africa. These are learnings that cover setup, finance, legal and beyond. Find out more and sign up here.

 #AfriTechTrends: Financial Trends: 
  • $1.34 Billion for African startups in 2019. FinTech saw $678.73 million alone, according to WeeTracker. Nigeria led the investments with $663.24 million, followed by Kenya and South Africa.
  • $300K for IntiGo: a Tunisian bike hailing service that will now expand into food delivery. The startup has been able to facilitate over 11,000 rides in January alone, with the small network of 50 scooters.
  • $2 Million for Ethiopian startup Gebeya: a tech talent outsourcing company which allows startups and SMEs hire IT talents remotely or in-house. It also says it has trained 600 talents since 2016 and has matched more than a third of them with startups across Africa and the world. 
     ​

How international startup competitions fail African agri-tech founders

2/17/2020

 
We were invited to work with the UN’s World Food program and the Elon Musk funded XPRIZE Foundation on their efforts to democratise access to the resources they have available to agritech founders across the world. The context of our invitation was this, how do we get more African tech founders engaging with our resources?” As program organisers working directly within the African tech ecosystem, we are providing the organisations with our insight. Our secret sauce or primary methodology is co-creation. With that in mind, ahead of the visit to meet the teams of both organisations in Munich, we asked some of our founders to give their views on the topic as well. A couple of the Afritech XYZ founders and our team are heading to Munich to discuss these insights in detail. ​

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Growd’s intelligent approach to developing young Kenyan minds

2/4/2020

 
An AfriTech XYZ conversation with Owen Madara, Country Director of Growd Global.

Growd is striving to revolutionize how Africa educates its youth with its innovative edtech platform, which allows children and parents in Kenya to design their own holistic learning experiences in and outside classrooms. 

Growd is a combination of the words ‘growth’ and ‘development’ and was launched in response to the challenges its founder, Angie Madara, had in accessing extra-curricular activities for her children. The edtech platform is designed for children aged 0 to 14 years and uses AI and machine learning to curate co-curricular educational activities. It is an inclusive ecosystem that connects parents and children to services and information tailored to each child's individual milestones, interests and goals so that they can learn inside or outside the classroom at their own pace.

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