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Burning Heroes launches 2023 African edition ‘Startup Awards’

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Burning Heroes (BH) Founders Association, a tech platform with the mandate of empowering startups in Africa, has announced the launch of its Africa Startup Award for 2023.

The contest, according to BH, is designed to “help African Startups reveal their potential and help develop the region which has huge prospects.”

The Program Manager for the Burning Heroes Startup Awards, Victor Aneleh, who announced the commencement of entries for the award, said it is open to Pre-Seed Startups with market validation and product prototype, while campus-based and Seed Startups are also eligible to apply.

“The competition is a part of Burning Heroes Founders Association’s mission to equalize access to global opportunities for talented founders,” Aneleh said.

“BH’s target is to harness the potential of Tech Start-Ups which could serve as a catalyst to Africa’s socio-economic development and a key to unlocking local value creation and employment on the continent.”

“BH Africa will offer 30 of the early-stage startups domiciled or operating on the continent an opportunity to live-pitch online to an all-African and European panel of VCs and successful Tech Founders. Applications will however, close on January 13, 2023, and can be done online on our website,” he added.

Burning Heroes Startup Awards is supported by top partners in the USA and Europe including 500 Global, APX.VC, Techstars, Starta VC, and Stanford Entrepreneur Club.

The Africa Edition, according to Aneleh, will have as judges the likes of Meta, AWS, Flat6Labs, Savant VC, The Delta, OnePay S.A (SisPay), Africa: The Big Deal, Impact Rooms, Fund The Gap, Africarena, Katapult VC, Naspers Labs, and more.

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DR Congo sues tech giant Apple over illegal mineral exploitation

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The Democratic Republic of Congo (DRC), has filed a criminal case against the European subsidiaries of tech giant, Apple, accusing them of illegal mineral exploitation and allegedly using “blood minerals” in its supply chain.

In the suit filed on Tuesday, the DRC alleges that Apple has bought contraband supplies from the country’s conflict-ladden east and Rwanda, zones in which it allege the materials are mined illegally and then integrated into global supply chains before ending up in tech devices.

The DRC suit specifically mentioned Apple subsidiaries in France and Belgium, accusing the tech giant of using conflict minerals in its supply chain.

The DRC is a major source of tin, tantalum, and tungsten which are used in electronic devices, with some mines controlled by armed groups responsible for human rights violations.

International lawyers representing the African country’s government have accused Apple’s local subsidiaries of taking these minerals from conflict areas and laundering them through international supply chains, with one lawyer telling journalists that Belgium had a moral duty to act given its history of exploiting the country’s resources under colonial rule.

However, in its response, Apple claims it conducts supplier audits and does not directly source primary minerals.

https://www.thenews.com.pk/print/1262670-dr-congo-sues-apple-over-alleged-illegal-mineral-exploitation

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Moroccan retail-tech startup Z raises $1.5m to drive intense growth

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Morocco-based B2B retail-tech marketplace, ZSystems, has announced closing a $1.5 million seed funding round which will see it carry out its ambitious expansion dreams.

In a statement by co-founder and CEO, Meriem Benabad, the funding round was led by Morocco-based Venture Capital firms, MNF Ventures (through its MNF II fund), Witamax (through Fund II and III), Cash Plus Ventures, and Kalys Ventures.

“This funding marks a pivotal moment for Z, as we aim to scale operations and bring cutting-edge solutions to traditional retail.

“Our vision is to empower small businesses and unlock growth across Morocco and Africa,” Benabad said.

According to Benabad, the newly acquired capital will support Z’s technology development, product catalogue expansion, and preparation for its next growth phase.

“Z is reshaping the retail landscape by integrating technology and innovation across the value chain. Its scalable platform empowers traditional retailers and brands with direct access to consumers, reviving competitiveness in traditional trade (hanouts), which accounts for 85% of the FMCG market,” he added.

Founded in 2022 by the trio of Benabad, Samer Choumar and Youssef Ait-Haddouch, Z’s platform empowers traditional retailers and brands with direct access to consumers, reviving competitiveness in traditional trade (hanouts), which accounts for 85% of the FMCG market.

Since launch, the startup has helped over 15,000 active retailers, and seen more than 800,000 orders placed.

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