IT, New Media & Software

Friday, 10 July 2020 11:52

Young Enterprise Initiative South Africa 2020 cohort to exhibit at AI Expo Africa 2020

Written by 
Young Enterprise Initiative South Africa 2020 cohort to exhibit at AI Expo Africa 2020

The French Embassy in South Africa has announced that the three South African artificial intelligence (AI) startups that were last year selected to participate in its Young Enterprise Initiative South Africa (YEi South Africa) 2020 programme – 3DIMO, Raphta, and Ubiquity AI – will exhibit their solutions and products at AI Expo Africa 2020.

Mathieu Bécue, Attaché for Innovation at the French Embassy, explains that the Yei Start in France programme – which YEi South Africa falls under – was founded in 2005 as an accelerator for science startups looking to develop and grow their businesses in France and Europe.

The French Embassy then launched Yei South Africa in 2016 in partnership with the Technology Innovation Agency (TIA) with the intention to provide South African startups with the opportunity to develop and grow their businesses in France. South Africa is currently the only country on the African continent to benefit from this programme.

The French Embassy together with TIA have now sponsored 3DIMO, Raphta and Ubiquity to participate at AI Expo Africa 2020 – Africa’s largest AI, Robotic Process Automation(RPA) and data science trade-focused show and conference – which will this year be held as a virtual event on 3 and 4 September.

3DIMO has developed an automated livestock data analytics and modelling platform. Raphta offers world-class pioneering computer vision, facial recognition and imaging technology. Ubiquity AI has over six years commercial experience in Natural Language Processing (NLP) as the first data-at-rest social analytics consultancy in Africa and the Middle East. The startup has developed Simone, a chatbot which it claims to be the world’s first debt intermediator.

The Yei 2020 cohort were initially meant to travel to France for a two week-long immersion trip which includes training sessions, networking and one-on-one meetings that Bécue says are designed to allow each laureate to benefit from an extensive customized business network and connections to the best resources in Europe. The trip has now been postponed to October because of the COVID-19 pandemic.

3DIMO co-founder Nneile Nkholise says the YEi South Africa programme has helped her realise the potential her company has to create relationships in the French market. Nkholise points out that France has been investing heavily in creating a thriving AI community and creating opportunities for non-French tech companies to establish businesses in the country.

“Although there have been delays in us fully experiencing the opportunities of YEi programme due to Covid-19 pandemic, I’m thankful that I have been given an opportunity to be part of the AI community in South Africa and France. That will benefit the sustainable growth of our company and help transform society using emerging opportunities from AI technology,” she adds.

Raphta founder Tshidiso Radinne says the YEi South Africa programme has catapulted his firm into a “global AI startup”, and assisted the company in executing its Europe, Middle East and Africa expansion plan by establishing a presence in France – a key European market.

“We have a core focus on fundamental and applied research in cutting edge areas such as the combination of quantum imaging and machine learning, and our research partnerships with leading French universities through the YEI are vital to our research ecosystems,” adds Radinne.

About Pressportal

MyPressportal is geared towards the South African Market only. A press release can have a huge impact on the marketing of your company, as many journalist use press releases to communicate new happenings from all types of companies and NGO's. MyPressportal is FREE. We do not plan not to make this a paid service. If you would like to know more about the system, please read the FAQ.