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SOUTHERN AFRICA STARTUP AWARDS REGIONAL GRAND FINALE: 21-22 November 2018

Published: 15 November 2018

Regional finalists for the inaugural Southern Africa Startup Awards have been announced, with over 130 candidates shortlisted across 15 categories in 15 Countries. The incredible Steyn City Equestrian Centre in Johannesburg, will be the venue for this prestigious event scheduled for the 21st and 22nd of November, and it will be hosted by Vuyolwethu Dubese of Thomson Reuters Labs, and Siphumelele Zondi, Anchor of Network on SABC.   

In keeping with the Southern Africa National Startup Awards vision, of “Regional Interconnectedness and Global Visibility”, this awards event is packed with value-adding activities, designed to enable finalists to rub shoulders with regional and global investors and startup ecosystem developers, to build long lasting beneficial relationships within the regional startup ecosystem.  

The Southern Africa Startup Awards Grand Finale is hosted in collaboration with LIMIT BREAKERS GLOBAL FOUNDATION, an impact catalyst for social change. “The Startup Ecosystem might not be fully understood but it’s definitely worth exploring. We are in the 4th Industrial Revolution, with tech disruptions all over.  This is our opportunity to highlight that we need to open our eyes and see beyond today and secure tomorrow by supporting Startups now, whilst there’s time,” said the visionary founder and CEO, Nokky Ndlovu.      

The confirmed schedule for the event includes:  

21st November 2018 (13:30):

  • Panel discussion on innovative platforms to fund startups in Africa, featuring Section 12J VC, Equity Crowdfunding, Blockchain, and Angel Investing.
  • Investor Speed Dating
  • Exclusive Networking 

22nd November 2018 (10:00):

  • Investment Readiness Round Table Discussion

22nd November 2018 (17:30):

  • Southern Africa Startup Awards Regional Grand Finale Ceremony 

 

National winners from 14 SADC countries will represent their respective countries to contest for an accolade in one of 15 categories in the region.

Regional public voting is now open, and adjudication by our expert regional jury panel is also underway. Winners will be selected in the following categories:

1. Startup of the Year 

2. Fintech Startup

3. Founder of the Year

4. Female role Model in Tech

5. Best Edutech Startup

6. Best Newcomer

7. Investor of the Year

8. Best Co-Working Space

9. Best Startup Ecosystem Initiative

10. Best Accelerator/Incubator

11. Best Water Management Crisis Solution

12. Best Student Startup

13.Best Food/AgriTech Startup

14. Best Social Impact Startup

15. People’s Choice (Vote) 

“Starting a new business takes a huge amount of courage and hard work. The first few years can be really challenging and the Southern Africa Startup Awards are here to support entrepreneurs who are investing so much of themselves to build businesses that will ultimately create employment and benefit the broader economy. We are so pleased with the standard of entries in our very first edition and I know the Regional Judging panel have a very difficult task in choosing the Regional Winners for the Southern Africa Startup Awards 2018” said Mckevin Ayaba, CEO of Southern Africa Startup Awards.

This prestigious event is by invitation only, and will be attended by national and regional startups, investors, startup ecosystem builders, and other organisations.    

About SASAwards: Southern Africa Startup Awards is a circuit of the world renowned Global Startup Awards, which provides an annual spotlight on web/tech startups in regions across the globe. Global Startup Awards It is the largest independent startup-ecosystem competition started in the Nordics in 2012, covering more than 45 countries in 7 regions. Since 2012, Global Startup Awards has grown to include South East Asia, Central Europe, SAARC Region (South Asia), and now East Asia, Baltics and Southern Africa which launched in 2018.For more information about the awards please visit: www.southernafricastartupawards.com

Post SA Investment Conference, AfricArena, Wesgro and Silicon Cape Presents Deep-Dive into Tech Investment in Africa - African tech startups represents less than $50c per capita

Published: 30 October 2018

AfricArena, Silicon Cape and Wesgro host expert discussion and release research indicating funding raised by African startups to increase by 100%+, exceeding $1 billion for the first time.

Tuesday, 30 October, Cape Town – In the wake of the SA Investment Conference that took place last week, AfricArena, Wesgro and Silicon Cape hosted a press conference at the InvestSA One Stop Shop in Cape Town, making public new partnerships for the conference and discussing the role conferences and accelerators like AfricArena play in attracting investment to the continent.

Partech Ventures’ latest annual funding report shows that venture capital funding in 2017 reached $560 million, recording 53% year on year growth. South Africa, Kenya and Nigeria dominate with 6% of total funding. Francophone Africa is accelerating with 14% of the deal transactions and financial inclusion (off-grid tech, fintech and insuretech) representing 45% of deals.

The track record shows the trend is that African tech entrepreneurs are raising more and more funding. Yet, the amount of investment going to African tech startups represents less than $50c per capita whilst in Europe the investment is $50 per capita in the USA $150. Currently, less than 1% of global tech investment is into Africa whereas on the global scene, in 2017 the USA attracted $74 billion, Asia $71 billion and Europe nearly $18 billion.

“If we are to create the next generation of successful entrepreneurs competing at a global scale – clearly the challenge remains as an input and output measure to increase the level of capita that African startups attract,” states Christophe Viarnaud, CEO of AfricArena and Methys. ““It is predicted that in 2050 and 2100, there will be more than 50 cities with more than one million people on the African continent, and the majority of the most highly populated cities in the world will be in Africa. This is a very important factor in terms of being a fundamental underlying trend which is going to drive increasing investment in Africa, therefore we foresee the investment in African tech startups to exceed the $10 billion annual mark in the next decade.”

Based on internal research conducted in 2018, AfricArena, Silicon Cape and Wesgro expect the funding raised by African startups to increase by 100%+, exceeding $1 billion for the first time and achieve $1 dollar per capita, positioning Africa as the fastest growing area in the world.

“Another interesting thing is the emphasis we put on taking our startups to the bigger stages outside of the continent,” adds Danai Musandu, Investment Associate, Goodwell Investments BV, “You always find more people rushing to go to Silicon Valley to go see where the big stage and the content is. But we need to have a change of perspective and a change of attitude, where people will say ‘We’re going to Africa, where the big stage of the future is’. The biggest barrier is our perspective and we need to change that perspective.”

AfricArena is a pan-African ecosystem accelerator whose mission is to help African startups access market and capital. The primary outcome measure is investment deals done around the event.

AfricArena 2018 Announcements

Over 70 start ups from over 30 countries will attend, competing in 11 open innovation challenges

In partnership with We Think Code, AfricArena will run a hackathon on a mobility challenge for the City of Cape Town

EM Lyon, a world-ranked business school, joins as academic partner and will stream AfricArena live on its Casablanca, Lyon and Singapore campuses

Over 100 investors from US, Europe, Africa will attend or follow on the live streaming of the pitch sessionsAfricArena announced partnership with Deep Tech platform ‘Hello Tomorrow’ and a Deep Tech Africa challenge that will take place on Day 2 of AfricArena.

Silicon Cape members to receive early bird special of 50% off AfricArena tickets 

 

EM Lyon is an international business school priding themselves in “making entrepreneurs for Africa”. They capitalize on the worldwide-recognized experience and quality of their programs and offer both students and corporations content that is tailored to their context and to their problems. EM Lyon is fully in line with their signature "early maker": a school that tries, investigates and innovates far ahead of others.

Hello Tomorrow organises mentorship programs and a series of events around the world, as well as educating and consulting relevant stakeholders on emergence of deep technologies with the platform fast becoming a key reference in deeptech innovation and entrepreneurship.

Sarah Pedroza, Managing Director of Hello Tomorrow, states: “Deeptech innovation happening today knows no borders. But the opportunities and resources to catalyze these solutions are unevenly distributed. We need to give better tools to deeptech entrepreneurs in ecosystems that are booming, connecting them to a global network of industry leaders, investors and policy makers in order to bring their concepts to market. We’re excited to partner with AfricArena, joining their flagship event in one of the biggest tech hubs in Africa, which is a great opportunity to bring key stakeholders together.”

Finalists for the internationally sponsored challenges were also announced:

VINCE ENERGIES CHALLENGE – How to make energy more accessible in Africa thanks to energy efficiency solutions, energy flows optimization blockchain and/or AI - Rensource (Nigeria), BIG POT – Nigeria, Oniriq – Senegal

SAINT-GOBAIN CHALLENGE – A solution to upgrade professionals’ skills across Africa - Syafunda (South Africa), The Student Hub (South Africa), Ceed Learning (South Africa)

VIVATECH CHALLENGE – How AI can help generate a self-sustaining growth in the AgriTech industry - Agrocenta (Kenya), Homefarm (South Africa), Aerobotics (South Africa)AfricArena will take place on 15 & 16 November.

More information available at www.africarena2018.com

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For more information on AfricArena or this press release, please contact:

Mika Stanvliet | This email address is being protected from spambots. You need JavaScript enabled to view it. | 081 534 6237 

About AfricArena:

Celebrated as the largest tech ecosystem accelerator on the African continent, last year’s edition of AfricArena saw more than 80 startups presenting to over 100 investors with 25 countries being represented and over $2M worth of deals done. The conference serves as a platform for the continent’s best startups and innovators to showcase their world-class talent in front of an audience of both local and international investors. AfricArena is the ultimate deal-flow platform, bringing investors and startups together in one central location.

The challenges run by AfricArena are sponsored by Vinci EnergiesAirFrance, Engie, Sanofi, Leroy Merlin, the City of Cape Town and RCS.

The conference is anchored and endorsed by corporate sponsors and partners La French Tech, Silicon Cape, Wesgro, SEDA, and will be covered by several media such as Techcrunch, Les Echos, Maddyness, Fast Company and many others. 

Top Business Leaders Back The Disruption Agenda

Published: 20 September 2018

Deal-flow sessions with top innovators lead to experimentation and commercialisation with SA corporates

19 September 2018, Johannesburg, South Africa – The Disruption Agenda, a first-of-its-kind event for the country, saw over 200 top business leaders and innovation thinkers attend the inaugural launch this week. This new platform initiated by Nedbank in partnership with Silicon Valley’s Plug and Play team, sought to connect leading global and local innovation talent to leaders ready to implement disruptive technologies.

The two-day event was structured into deal-flow sessions on Day 1 where thirty of Nedbank CIB’s top clients engaged with 10 of the most innovative startups sourced with the help of Plug and Play, known as the world’s largest innovation platform. Day two saw pitches from the 10 startups and a Disruption Panel Discussion with Nedbank’s lead thinkers on disruption and digital transformation to over 200 clients of Nedbank CIB’s, Retail Business Banking and Nedbank Private Wealth clients with a goal to stimulate and accelerate innovation action.

“The focus on disruption is something that we’ve been driving not only in our business, but as new value propositions for our clients. Additionally, our objective is to advance the local tech community,” shares Stuart van der Veen, Head of Innovation and Disruption at Nedbank CIB. Nedbank identify the top 100 disruptors every six months, both locally and globally. From this, 12 collaborations are identified across Nedbank with six progressing to experimentation and one through to commercialisation on a rolling basis.

“Aerobotics is a great example. They were one of the disruptors we identified, and we’ve taken them through to commercialisation with several of our clients,” concludes van der Veen.

Reflecting on the event, Alex Fenn, Technology and Innovation Lead for Sibanye-Stillwater, commented, “Mining companies are experiencing increasing cost pressures and volatile commodity prices. We’ve pulled all of the efficiency levers that we have at hand. I believe the next paradigm shift in operational performance will come from the adoption of some type of disruptive technology at a very broad level. We’ve identified enormous opportunity amongst the startups that we have engaged with, which could be critical to our digital transformation and sustainability going forward.”

The startups selected to showcase include Aerobotics, Dispel, GotBot, IoT.nxt, Koniku, LifeQ, Sentiance, Trueface AI, Wasteless and What3Words.

Michael Clampett, Head of Asset and Property Management: Retail at Attacq Group, states: “We’re quite small to allocate resources to sourcing top innovation at this scale but in partnership with Nedbank, this has now been possible, and we have access to innovate more quickly.”

In the venture capital space there a number of new entrants investing in disruptive tech startups, with the industry sitting around 4.4 billion and around 530 deals existing within the venture capital sector. Of these figures, 1.1 billion was new capital invested and 159 of deals took place in 2017 reflecting steady growth in the sector.

When talking about The Disruption Agenda, Herman Singh, Chief Digital Officer for MTN Group, shared, “This model of like-minded corporates working together to assist and facilitate innovation results in the startup model having the highest probability to succeed.”

The Disruption Agenda sought to activate experimentation and proof of concept initiatives between startups and corporates as a pragmatic, action-orientated approach to ensure impactful outcomes of the engagements.

“It’s been an extraordinary two days. The deal-flow sessions were transformative for us. As a small part of a wider business scaling globally, it’s been phenomenal to have the support of executives in those meetings with potential clients of Nedbank’s and to have them facilitate those conversations, so we can start to discuss proof-of-concepts and commercialisation. It’s a very exciting thing for us, to have so much hands-on support. It’s changed the way we think about how corporates are dealing with the innovation space in South Africa,” adds Lyndsey Duff, Country Manager for What3Words in South Africa. 

ENDS 

For more information on The Disruption Agenda or this press release please contact:

Mika Stanvliet | This email address is being protected from spambots. You need JavaScript enabled to view it. | 081 534 6237 

About Nedbank Group

Nedbank Group is a bank holding company listed on JSE Limited (JSE) with a market capitalisation of R125 billion as at 30 June 2018. Nedbank Group is one of Africa’s largest banking groups.Its principal banking subsidiary is Nedbank Limited, and the group is 54% majority owned by Old Mutual Limited (OML), which has a primary listing on the JSE with secondary listings in London, Zimbabwe, Malawi, and Namibia. Nedbank Group owns subsidiaries and banks in Namibia, Swaziland, Malawi, Mozambique, Lesotho and Zimbabwe, and offshore in the Isle of Man, Guernsey and Jersey. It also has representative offices in other Southern Africa countries, including Angola and Kenya, and has key global financial centres to provide international banking services for SA-based multinational and high-net-worth clients in London, Toronto and Dubai (UAE).We are a diversified financial services provider, offering a wide range of wholesale and retail banking services, as well as insurance, asset management and wealth management solutions.

For more information, visit https://www.nedbank.co.za/    

About Plug and Play:

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, we have created the ultimate startup ecosystem in many industries.We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk.

For more information, visit www.plugandplaytechcenter.com

The Disruption Agenda: Nedbank Shifts Corporates Into Experimentation and Commercialisation with Startups

Published: 05 September 2018

Nedbank announces the Top 10 Innovators sourced from around the globe that they will connect to major corporates and business leaders in partnership with Silicon’s Valley’s Plug and Play, the world’s largest innovation platform, at this first of its kind event.

South Africa, 5 September 2018 – Nedbank recently announced the expansion of their US partnership with Plug and Play, the world’s largest innovation platform, to include South Africa for the first time. Together, the entities will connect 10 visionary entrepreneurs from around the world to business leaders at The Disruption Agenda to be held in Johannesburg, South Africa in September.

“We’re incredibly excited for the ten startups that are going to be part of The Disruption Agenda. The most important thing for Nedbank is to get pilots and experiments underway and push straight through to commercialization where possible,” states Stuart van der Veen, Head of Disruption and Innovation at Nedbank CIB. “We’ve engaged with our most forward-thinking clients and they will be participating in both the deal-flow sessions and be present at the actual pitches of the startups.”

Nedbank initiated their relationship with Plug and Play, described as the ultimate matchmaking machine between startups and corporates, two years ago as a sponsor of the global FinTech programme. Startups selected to engage at The Disruption Agenda represent both African and global startups from across industry sectors.

Startups selected for The Disruption Agenda

1.Koniku: Starts with the premise that biology is the most advanced technology on earth. Their belief is that Bio is Tech™. Koniku builds living machines with synthetic biology. Machines which can detect fake food, design taste, detect explosives, infectious diseases, cancers and more. Nature is our open source library. Currently, the company grafts custom proteins which act sensors on living cells – neurons - and encapsulate them within a silicon chip. The chips – Koniku Kore’s - will one day power the next generation of cognitive robots – synthetic cognition. 

2.Airware: Airware is the leading enterprise drone analytics company helping enterprises leverage today’s rapidly advancing technologies (such as drones, cloud computing, machine learning and more) to safely see and sense their sites and structures to improve productivity, mitigate risks, and take workers out of harm’s way. Airware enables enterprises to harness aerial data and turn it into valuable business insights that can be shared and acted on across sites, teams, and geographies. Their solutions enable enterprises to reinvent their organizations for the digital era by translating aerial data into business impact.

3.Sentiance: Sentiance analyses sensor data to understand human behavior and context so clients can develop new products and services that turn the Internet of Things (IoT) into the Internet of You. Sentiance context intelligence enables solutions for lifestyle-based insurance, contextual marketing and commerce, smart mobility, connected health, smart home, smart city and connected car. 

4.LifeQ: LifeQ implements a unique multidisciplinary approach underpinned by in-depth knowledge and understanding of human physiology and systems biology to extract and deliver relevant and meaningful person-specific digital biomarkers from various curated data sources. They are a world-leading science and technology company that want people from all walks of life to enjoy optimal health. LifeQ generates, and makes available, high-value personalized health information and solutions, which would traditionally be inaccessible or only obtainable through costly, invasive and inaccessible means, at a reliability level suitable for use by individuals, businesses, and clinical providers.

5.Wasteless: Wasteless is the world’s first machine-learning solution with real-time tracking for grocery stores looking to offer customers dynamic pricing based on a product’s expiration date. Wasteless takes machine learning capabilities used online and brings them to Brick and Mortar outlets. Tracking products at the item level, automating manual processes, and applying dynamic pricing have been the foundation of successful e-commerce platforms enabling them to substantially increase their profits. Wasteless allows supermarkets to close the gap and compete in the digital era.

6.Trueface AI: Trueface computer vision solutions augment any existing camera feed into intelligent, actionable data capable of identifying persons-of-interest, objects and more. Trueface AI provides facial recognition and spoof detection solutions for clients of all sizes. It provides an API, on-premise solution and a no-code solution for identity management. The Trueface mission is to educate on the benefits of computer vision and make it accessible for businesses looking for more unique and secure solutions.

7.Aerobotics: Aerobatics provides farmers around the world with world-leading pest and disease management systems for tree crop protection using drone and satellite data. Aerobotics’ software, Aeroview, empowers Tree Crop Farmers to identify early stage problems in their orchards. Used in conjunction with the Aerobotics’ Aeroview Scout App on their smartphone, farmers are able to locate problem areas on a tree-by-tree basis. Achieving success for over 6 million trees to-date, Aerobotics is setting the standard for tree crop analytics globally and innovating the agricultural processes as we know them.

8.What3Words: What3Words is a universal addressing system provides a precise and incredibly simple way to talk about location. They have divided the world into a grid of 3m x 3m squares and assigned each one a unique 3-word address. Better addressing can enhance customer experience, deliver business efficiency, drive growth and support social and economic development. It was the first system designed for voice and human interaction with machines.

9.Dispel: Dispel makes cloaking technology, rendering networked infrastructure and endpoints invisible and segmented, stopping attackers from gaining actionable knowledge usable in a cyberattack. Dispel cloaking is a secure overlay network in which applications can be deployed, or around which infrastructure can be concealed. They accomplish this cloaking through network-level Moving Target Defense: an orchestrated mass-virtualization and encryption technology designed to disrupt attacker's operations. An offensive, moving target defence stops attacks well ahead of older technologies. Dispel has established an industry-leading security program, ensuring customers have a high degree of confidence and trust in their stewardship of customer data and operations.

10.IoT.nxt: IoT.nxt has developed a world-leading framework that makes efficiencies, cost savings and increased revenue from IoT (Internet of Things) a reality for businesses. The IoT.nxt platform allows rapid deployment and businesses to action an Internet of Things strategy with little disruption to current operations.The major strength of the IoT.nxt framework is that the solution is technology-agnostic. They can help digitise any industry, any system and any process. IoT.nxt lays the foundation for rapid digitisation, creating agile, efficient, future-proofed businesses. They’ll help you create an interconnected, interoperable ecosystem without disrupting your business. 

“Some of the best startups in the world, when it comes to disruption, exist right here in South Africa. LifeQ, IoT.nxt and Aerobotics are proudly South African startups that will be participants in the event,” adds van der Veen, “one of the founders of Koniku is Nigerian who is now based in Berkeley in the United States. They’re the world’s first neurocomputation company, so essentially looking at neurons and genetically editing them to be able to detect small traces of substances, for example, explosives, illicit materials and even disease, anything a dog’s nose can sense.”

“Aerobotics is a Cape Town-based but global startup, now focusing on drone analytics, looking at agriculture and tree crops. So, from the startups attending The Disruption Agenda, we see massive value for clients as well as for the ecosystem at large.”

The 10 startups attending The Disruption Agenda are from across the globe, with half based in Silicon Valley, but their solutions are all applicable to the African continent. 

A Word From the Startups

"Africa deserves access to cutting-edge technology like everywhere else. Imagine being able to screen for any illness by breath alone. Personal and population health data at your fingertips using volatile organic compounds produced by the body,” comments Oshiorenoya Agabi, founder and CEO of Koniku. “At Koniku we believe any sufficiently advanced technology is indistinguishable from Nature. Using synthetic biology, we can build from the same building blocks as nature.”

“At LifeQ we saw the opportunity to leverage physiological data by bridging the gap between insights generated from limited access to expensive medical grade outputs and the easily accessible inexpensive consumable devices with their low efficacy outputs,” adds Dylan Garnett, COO of LifeQ, “I am very excited that LifeQ has been selected for Plug and Play as it will undoubtedly serve as a great platform to help identify and, along with others, address real needs that exist in South Africa and the broader African continent, thereby furthering LifeQ's vision of improving human health and wellbeing at scale.”The solutions built by these young innovators each demonstrate the importance of using tech to future-proof not only businesses but human lives, and how critical disruption across every industry is.

“Sentiance carries the company goal "Improving people’s lives using AI”. The technology is used today to help people live a healthier life and, amongst others, to reduce accidents. Our insights can be used by our customers to engage with their users and to improve their daily lives. Healthcare and insurance providers can, for example, provide lifestyle coaching and also detect and predict heart arrhythmia. Mobility and automotive companies can provide driver coaching and increase road safety and more. The Sentiance platform allows companies to engage with their end-users in a privacy-aware manner, at right time in the right moment, thereby improving the user’s quality of life and assisting in day to day tasks,” states Oliver Bath, Head of Client Services at Sentiance.

The Disruption Agenda is aimed at select clients and ecosystem collaborators.

To find out more you can follow Nedbank CIB social channels or get in contact by emailing This email address is being protected from spambots. You need JavaScript enabled to view it..  

-- ENDS -- 

For more information about this press release please contact:

Mika Stanvliet | The This email address is being protected from spambots. You need JavaScript enabled to view it. | 081 534 6237 

About Nedbank Group
Nedbank Group is a bank holding company listed on JSE Limited (JSE) with a market capitalisation of R125 billion as at 30 June 2018. Nedbank Group is one of Africa’s largest banking groups.Its principal banking subsidiary is Nedbank Limited, and the group is 54% majority owned by Old Mutual Limited (OML), which has a primary listing on the JSE with secondary listings in London, Zimbabwe, Malawi, and Namibia. Nedbank Group owns subsidiaries and banks in Namibia, Swaziland, Malawi, Mozambique, Lesotho and Zimbabwe, and offshore in the Isle of Man, Guernsey and Jersey. It also has representative offices in other Southern Africa countries, including Angola and Kenya, and has key global financial centres to provide international banking services for SA-based multinational and high-net-worth clients in London, Toronto and Dubai (UAE).We are a diversified financial services provider, offering a wide range of wholesale and retail banking services, as well as insurance, asset management and wealth management solutions.

For more information, visit https://www.nedbank.co.za/ 

About Plug and Play:
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, we have created the ultimate startup ecosystem in many industries.We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk.

For more information, visit www.plugandplaytechcenter.com

Nominations Open for New Book Dedicated to Cape Town's Startup Scene

Published: 15 August 2018

Startup Guide is bringing its popular entrepreneurial guidebook series to Cape Town in partnership with Silicon Cape and with support from SAP Next-Gen.   

CAPE TOWN, SOUTH AFRICA - 6 AUGUST 2018 Entrepreneurs, accelerators, coworking spaces and experts can now be nominated to be featured in Startup Guide Cape Town, the first-ever entrepreneurial handbook dedicated to Cape Town’s startup scene. Based on traditional guidebooks that can be carried around everywhere, Startup Guide books help entrepreneurs navigate different startup hubs across the globe and are now in 17 different cities across Europe, the US and the Middle East, including London, New York, Berlin, Tel Aviv and Stockholm. 

Packed with city essentials, practical information, in-depth interviews and insightful tips, Startup Guide Cape Town will guide, empower and inspire entrepreneurs in the coastal South African city to transform their startup ideas into reality. To ensure an accurate and trustworthy guide, the book is co-created with the local startup community, from 6 - 20 August, 2018, and anyone in the community can contribute by nominating candidates they’d like to see in the book at capetown.startupguide.world 

“One of the most active hubs for startup investment on the continent, Cape Town is attracting more and more entrepreneurs with its diverse pool of talent and growing ecosystem of investors, accelerators, incubators and coworking spaces ready to support early stage entrepreneurs,” said Sissel Hansen, founder and CEO of Startup Guide, “We’re excited to be stepping into South Africa’s startup scene for the first time and highlighting the people and places shaping Cape Town’s growing entrepreneurial community.”  

Founded in 2014, Startup Guide is a creative content and publishing company that produces guidebooks and tools to help people turn their startup ideas into reality. The idea behind the Startup Guide books originally came to Hansen when she moved from Copenhagen to Berlin to start a business and discovered how difficult it was to find useful information and local advice about that process. Despite being rejected by multiple investors, she bootstrapped the project and launched the first Startup Guide book in Berlin in 2014 – and it sold out in less than 48 hours. 

For Startup Guide Cape Town, Startup Guide has partnered with Silicon Cape, who will be the main project facilitator and supporter, while the main sponsor for the project is SAP Next-Gen. 

“Silicon Cape is thrilled to be partnering with Startup Guide to produce the first ever Southern Hemisphere guide for Cape Town,” says Kerry Petrie, General Manager at Silicon Cape, “We are always looking for ways to tell the story of our local ecosystem, its innovative stakeholders and its strong network connections. Startup Guide allows us to tell this story to a wider, international audience. We are excited for Cape Town to join the network of cities such as London, Hamburg, Tel Aviv and Paris.” 

After the nominations period, the list of candidates will be narrowed down to the top fifty companies and individuals based on the results. Afterward, the local advisory board – which is selected by Silicon Cape and consists of key players in the local startup community – votes for the final selection so there’s a balanced representation of industries in the book.

Startup Guide Cape Town is set to be released in April 2019. To save 20% on the book before the launch date, pre-order it now. 

Media contact
Sissel Hansen
This email address is being protected from spambots. You need JavaScript enabled to view it.
+45 52178545
startupguide.world 

About Startup Guide
Founded in 2014 by Sissel Hansen, Startup Guide is a creative content and publishing company that produces guidebooks and tools to help entrepreneurs navigate and connect with different startup scenes across the globe. As the world of work changes, our mission is to guide, empower and inspire people to start their own business anywhere. Today, Startup Guide books are in 18 different cities in Europe and the Middle East, including Berlin, London, Tel Aviv, Stockholm, Copenhagen, Vienna, Lisbon and Paris. It also has two physical stores in Berlin and Lisbon to promote and sell products by startups. Startup Guide is a 20-person team based in Berlin and Lisbon.  

About Silicon Cape
Silicon Cape is a non-profit, community-driven initiative that supports and catalyzes the creation of a vibrant, sustainable tech and entrepreneurial ecosystem in the Cape. Founded in 2009, Silicon Cape is the most established entrepreneurial network in Africa.

Nedbank brings Silicon Valley's Plug and Play to Africa in Disruption First for the Continent

Published: 14 August 2018

Nedbank launches The Disruption Agenda to connect the best technology startups to major corporations and business leaders

South Africa, 13 August 2018 – Nedbank announced today the expansion of their US partnership with Plug and Play, the world’s largest innovation platform, to include South Africa for the first time.Together, the entities will connect 10 visionary entrepreneurs from around the world to business leaders at The Disruption Agenda to be held in Johannesburg, South Africa in September.These startups are at the leading edge of digital transformation. They have been accelerated via the Plug and Play platform and identified as relevant disruptors to solving cross-sector business challenges at a corporate level within the local market.

“Nedbank recognises that building an innovation strategy at a corporate level can present a number of significant challenges. To help corporate leaders, we have structured The Disruption Agenda, a first of its kind event on the continent, to simplify how corporates connect to world-class startups,” shares Stuart van der Veen, Head of Disruption and Innovation at Nedbank Corporate and Investment Banking (CIB). “The problem is that innovative thinking is too often limited to finding new ways of doing old things, when what businesses really need to set themselves apart is to find completely new things to do. And that’s where the successful integration of disruptive technology can be an unparalleled source of comprehensive transformation for any business.”

Nedbank’s participation in Plug and Play's FinTech accelerator program abroad supports its commitment to source innovative digital enhancements to meet the changing needs of its clients. Nedbank has sponsored Play and Play’s Fintech initiative for close on two years and for each of the four batches that Nedbank has been involved in, the bank’s teams actively engaged with the startups to source new ideas and partnerships with the aim of delivering delightful client experiences and disruptive client value propositions.

“Our partnership with Nedbank has given our startups a successful route to expand their business to South Africa,” said Max Koenig, Director of Plug and Play FinTech, Silicon Valley. “The CIB group, responsible for innovation within Nedbank, has been instrumental in sourcing startups to digitally transform their company.” 

The Disruption Agenda is a closed event structured for Nedbank’s clients, while a public event for broader access to Plug and Play is envisioned to take place later in the year. The success of these engagements will form the basis of Plug and Play’s decision to accelerate plans to establish a permanent presence in Africa.

“The opportunity in Africa as a whole is endless and we view this event in September as an integral first step for opening and developing an Innovation Hub in South Africa in 2019” noted Saeed Amidi, Founder & CEO of Plug and Play.

“We believe that successful disruptors are those organisations that are able to see through their traditional functions and create new realities for their clients and businesses. In the process of transforming innovation thinkers to disruption leaders, these organisations have real potential to transform the economic reality of entire communities,” shares Van der Veen

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For more information about this press release please contact:

Mika Stanvliet - The This email address is being protected from spambots. You need JavaScript enabled to view it. | 081 534 6237 

About Nedbank Group

Nedbank Group is a bank holding company listed on JSE Limited (JSE) with a market capitalisation of R125 billion as at 30 June 2018. Nedbank Group is one of Africa’s largest banking groups.Its principal banking subsidiary is Nedbank Limited, and the group is 54% majority owned by Old Mutual Limited (OML), which has a primary listing on the JSE with secondary listings in London, Zimbabwe, Malawi, and Namibia. Nedbank Group owns subsidiaries and banks in Namibia, Swaziland, Malawi, Mozambique, Lesotho and Zimbabwe, and offshore in the Isle of Man, Guernsey and Jersey. It also has representative offices in other Southern Africa countries, including Angola and Kenya, and has key global financial centres to provide international banking services for SA-based multinational and high-net-worth clients in London, Toronto and Dubai (UAE).We are a diversified financial services provider, offering a wide range of wholesale and retail banking services, as well as insurance, asset management and wealth management solutions.

For more information, visit https://www.nedbank.co.za/ 

About Plug and Play:

Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 20 locations globally giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 6,000 startups and 220 official corporate partners, we have created the ultimate startup ecosystem in many industries.We provide active investments with 200 leading Silicon Valley VCs, and host more than 700 networking events per year. Companies in our community have raised over $7 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club, PayPal, SoundHound, and Zoosk.

For more information, visit www.plugandplaytechcenter.com

10 African Innovators Selected for Global Accelerator Startupbootcamp AfriTech

Published: 18 July 2018

Startupbootcamp AfriTech empowers the top innovative African tech startups, linking them to the fastest-moving corporates on the continent.

Cape Town, 12 July 2018 – Startupbootcamp (SBC) AfriTech today announced the Top 10 African Innovators selected to participate in the globally renowned, multi-corporate backed accelerator programme for 2018. Post an intensive 3-month global scouting tour, across 15 countries, and inclusive of 19 FastTrack events and 220 face-to-face startup engagements, the SBC AfriTech team received 1,004 applications from 73 countries in total, attracting double the applications from its inaugural launch in 2017. The applications were shortlisted to the top 22 startup teams that were flown down to pitch their businesses over 2-days to some of the most progressive leaders in the innovation space in Africa, including corporate sponsors, mentors and investors.

The SBC AfriTech programme (previously SBC Africa) ended on a record high in 2017 with 32 corporate agreements in pilots and proof-of-concepts signed by close of the accelerator. “Our inaugural year was big, it was bold,” comments Zachariah George, co-founder and Chief Investment Officer of SBC AfriTech, “Our phenomenal success of last year has made us the only truly global accelerator for tech ventures in partnership with dynamic corporates on the African continent – we are accelerating the next wave of innovation in Africa.”

The top 10 African Innovators selected are:

Akiba Digital, South Africa: A financial savings platform and personal savings coach that leverages A.I., machine learning and gamification to democratize wealth in Africa.

Bankly Technologies, Nigeria: A goal-based savings product that digitizes cash and enables in-country, peer-to-peer transfer services through the use of vouchers available nationwide.

Brandbook Analytics, South Africa: A mobile application providing users free gift-card coupons for completed purchases with the ability to harvest vast amounts of consumer data and improved forecasting and analytics.

CredPal, Nigeria: An innovative solution using deep data that provides individuals with instant access to credit at the point of checkout for various online and offline merchants.

Digitech Group, Ivory Coast: Provides incumbent insurance companies an omni-channel and cloud-based digital platform to sell insurance products through mobile and web.

Inclusive Financial Technologies, Ghana: Inclusive FT’s API helps digital financial services reach the most remote customers across Africa by enabling them to onboard, verify and monitor them via digital channels.

Kudimoney Bank, Nigeria: A no-charge, full-service, online-only bank making banking services more affordable and more accessible by offering an interest-earning spending account with zero charges, a savings account with above-average interest rates and access to low interest instant loans.

Lüla, South Africa: A mobility-as-a-service platform that connects stakeholders to improve mobility by providing transport that is convenient, accessible and safe and enabling operators, cities and passengers to have easy access and understanding of transport.

MPost, Kenya: A patented solution providing legally recognized physical addresses for the 95% of the African population that do not have a postal address.

Prospa, South Africa: A micro-savings solution for low-income earning South Africans, allowing users to purchase savings vouchers at traders that entitle the user to a set amount of savings which are deposited into a mobi-savings account.

The 10 selected tech startups have a month to ready themselves for the 3-month accelerator that will kick off on August 13th in Cape Town and culminate with the Demo Day on November 8th when they will pitch to the world.

To the Top 10, Philip Kiracofe says: “You are here because your solution is market-ready and the sponsors want to work with you starting from today. The next 3 months are going to be absolutely exhilarating. We are going to be here side-by-side, shoulder-to-shoulder, pushing you, cajoling you, encouraging you, nurturing you, mentoring you and helping you achieve 12 – 18 months’ worth of growth in a 3-month span. On Demo Day you’re not going to believe that just 3 months ago you were standing where you are today. Congratulations and good luck.”

SBC AfriTech is anchored and endorsed by heavyweight corporate sponsors RCS, BNP Paribas Personal Finance, Old Mutual, Nedbank and PwC. The programme also has local service partners Brevity Law, Cloudworx, Inner City Ideas Cartel, and The Loudhailer and is globally supported by Cisco and Amazon Web Services.

Share your crime experience in South Africa!!

Published: 30 June 2018

CrimeNote has now been released, starting from 30 June 2018.

This website simply provides an easy to use interactive platform where information about crime in South Africa can be shared amongst the public.

Why start something like CrimeNote?

When people are describing South Africa, it often includes:“Except for the crime…” or “Security is a problem…”South Africa is full of beauty, both natural and man-made with some of the most beautiful coastlines, mountains, wildlife and floral kingdom in the world.The cuisine is very unique with influences from numerous different cultures and the wine is world class!

BUT when it comes to CRIME, this beauty fades into insignificance.

"We all know how prevalent crime is in South Africa, just look at the statistics.

With CrimeNote, the public will be able to share information, news and warnings about crime all over the country and potentially help others to avoid such incidents.

The idea being that with CrimeNote, we will be able to minimise crime risk and together build a better society in which we can all prosper.

In order to make this service as beneficial and efficient to the public, we welcome any comments or suggestions that you may have

Business Investment meeting to connect startups to funding.

Published: 12 June 2018

One of the fears that wealthy people are grappling with is being part of the next big thing in the large scale of investments.

Property is highly saturated these days, the interest rate is making some investments unattractive and offshore savings are reeling off the issues of the economic downturn in some countries.Investment in startups seems to be one of the niche that is becoming an attractive topic in the investment arena. It gives rich people an opportunity to acquire as much equity in the next big ideas.

The first ever business investment event that actually connects companies to investment opportunities is launching on the 05th of July this year.The event gives 20 emerging companies the opportunity to showcase their idea to an audience mix of private and public investors.

The auction model allows investors the opportunity to indicate business they deem fit and would like to invest in. Invited to the event are business development specialist and analysts as well as successful business entrepreneurs to educate startups.Our angle is to engage crowdfunding corporations and access their investment database to give diversity to the investment pool. We invite private investment companies and extend invitations to government funding agencies to balance the chart. Finally, we structure a sponsorship plan that directly pays the most outstanding business at the meeting. These gives numerous opportunities to businesses with great ideas.

In order to increase the spectrum of the event and create awareness and support for South African business internationally. We do a business investment call with investment corporations who are willing to sponsor African businesses. We have 5 representatives from 5 international investment agencies in America, London, Canada, and Germany all attending this year event. The biggest in the list of invited investors is C5capital. The Investment engagement platform created by BIM to give international investors the opportunity would boost tourism and attract foreign Investors in the country.

We welcome all emerging industry leaders and market shifters who believe they have a great idea to be part of the inaugural event this year.Businesses and investors alike can register on the beta site reserved for the event at www.empowerproject.co.za to be part of the event.

SA management teams are changing their thinking to exploit digital disruption

Published: 06 June 2018
  • Every commercial sector will change more in the next three years than in the past thirty. Digital disruption is undermining the viability of the business models of established companies at an accelerating pace, leading to worldwide closure of brands, companies, and even entire industries.
  • With the help of the Own the Future workshop, South African leadership teams are now identifying disruptive opportunities for their business models and brands, and crafting strategies to thrive in the expanding chaos.

Cape Town – South African companies are urgently rethinking how they do business in the digital era.  Digital marketing has produced a growing wave of startup companies who are challenging the overhead-heavy dominance of major established businesses. But, more radical than this, some of these startups are actually disrupting the established way in which whole industries do business. The best known are Uber, Airbnb and Netflix. These have fundamentally changed the very nature of global transportation, hotel accommodation and television as well as a range of related industries.

According to digital transformation expert Godfrey Parkin “Today, every industry has its radical innovators. Their impact is fundamental and unforgiving. To survive disruption and remain relevant, companies often have to rethink their business model and restructure their organisation – not once, but continuously. Company culture usually gets in the way, so getting all your team members and on the same page is absolutely vital to success.”

The CEO of Britefire has launched an initiative to help South African boards and management teams understand disruption, and learn how to actively exploit it. Named “Own the Future”, the one-day workshop demystifies digital, and clarifies scenarios for the immediate future of business. It provides methodologies for identifying disruptive opportunities in your business model, and for creating strategies to exploit them.

Built on work Britefire has done over recent years in a number of South African companies, Own the Future is a high-impact actionable experience which engages top team members across all the disciplines in a company. 

Parkin believes that many South African companies are currently at a point known as the edge of chaos, where the pace of innovation in the competitive environment accelerates upwards just as the company's ability to change plateaus. He says "To survive in this world, you have to be supremely agile. To thrive, you have to be the one creating the chaos.” 

The opportunities for success are tremendous, but without an explicit management commitment to continuous change, businesses are endangered. Own the Future provides business leadership teams with the frameworks, tools and inspiration to identify opportunities, and to manage change with confidence.

Britefire is a future-focused business strategy and digital marketing company based in Cape Town and operating worldwide.

For more information visit britefire.com or phone 021 794 7838.

Contact details
Godfrey Parkin, CEO, and workshop facilitator: 021 794 7838   This email address is being protected from spambots. You need JavaScript enabled to view it. 

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