Tech

22 African tech-preneurs join global Endeavor Network

Published

8 months ago

March 13, 2024

Twenty-two African tech-preneurs drawn from 10 startups in the continent, have been accepted into the global Endeavor Network, which will afford them access to various support services to help their companies scale.

The Endeavor Network initiative, according to its facilitators in a statement, “works to catalyse long-term economic growth by selecting, mentoring, and accelerating the best high-impact entrepreneurs worldwide, and has accepted a host of African entrepreneurs into its network in recent years.”

“The Endeavor Network project which started in June
2023, has since enlisted a further 22 entrepreneurs from 10 African startups that have joined the global network.

“The organisation now supports 2,555 entrepreneurs from 1,568 companies in 42 markets around the world.”

Giving a breakdown of the selected startups, the statement said:

“The 38th Virtual International Selection Panel (ISP) held in June 2023 saw Deepankar Rustagi of Nigerian retail-tech startup, OmniBiz and Said Ouissal, a Moroccan edge management and orchestration solution, ZEDEDA, selected to join.

“At the 96th ISP, held in July in Bali, Indonesia, Mostafa Amin, Muhammad Habib, and Abdallah Nofal from Egyptian on-demand grocery and household essentials delivery company, Breadfast, were selected to join the network, alongside Tunde Kara, Olumide Fayankin, Gatumi Aliyu, and Oyewale Oyepeju from Nigerian food supply chain startup, Vendease.

“The 39th virtual ISP in August saw Mohamed Elhorishy, Ismail Omar, and Abdelrahman Sherief from Egyptian social commerce startup, Taager, joined Endeavor’s ranks, while Wissem Souissi of Tunisian due diligence platform, Dasseti, was selected at the 40th Virtual ISP held in September.

“Further African founders were selected at the 97th ISP held in October in Rome, Italy, namely Mostafa El Beltagy, Abdel-Azim Osman, Ahmed Rafea, and Mohamed Abou Ghanima of Egyptian prop-tech startup, Nawy, and Brian Mogeni and Mike Otieno of Kenyan startup Wowzi, which connects African creatives with global brands.

“Michael Heyink from South African asset financing company, Yellow, joined Endeavor at the 43rd Virtual ISP held in January, while Cordel Robbin-Coker and Lucy Hoffman of South African mobile games developer, Carry1st, were selected to join the network at the 44th Virtual ISP in February.”

Related Topics:Endeavor Network Featured Startups Tech-Preneur

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Tech

Tanzania to host 6th Ocean Innovation Africa summit in February

Published

20 hours ago

November 20, 2024

Isaac Dachen

Dar es Salaam, Tanzania, has been selected to host the sixth edition of the Ocean Innovation Africa (OIA) summit from February 24-28, 2025, as a flagship event within Regenerative Ocean Week.

The Ocean Innovation Africa is set to be Africa’s most significant platform for Ocean Innovation conservation, and sustainable development in the blue economy. OIA2025 will be co-organised with leading partners, including IUCN, GIZ, OceanHub Africa, Catalyze and the Ocean-Climate Platform.

With the theme, “Science-to-Solution”, the Regenerative Ocean Week will present a line-up of sessions designed to bridge the gap between scientific research, business innovation, policy, and community engagement.

According to the organizers of the event, it will bring together African ocean innovators, investors, researchers, policymakers, and community leaders to explore practical solutions that can be applied across the continent.

“These include the OIA Pitch Competition, which is a platform for Africa-based startups and entrepreneurs to showcase breakthrough ideas in ocean-impact solutions, allowing them to connect with investors and industry leaders and emphasizing Africa’s role in driving sustainable ocean initiatives,” the organizers said in a statement.

Tech

Orange Egypt earmarks $52.7m to support African startups

Published

2 days ago

November 19, 2024

Isaac Dachen

Orange Egypt has earmarked the sum of $52.7 million to support African startups in what is going to be the largest investment to drive a youth-focused tech revolution.

According to the company, the mammoth investment will see over 40 startups benefitting from the funds, with most of them being Egyptian companies.

‘It’s a boost for Egypt’s growing entrepreneurial ecosystem and a step closer to cementing its spot as a top startup hub in Africa,” the company said in a statement.

The investment is coming on the heels of the telco signing a deal with the Egyptian government to roll out the second phase of its 5G licensing.

The statement noted that with Egypt’s startup game already strong and ranking as the third most funded country in the MENA region, “the numbers speak for themselves.”

“In 2022, Egyptian startups closed 143 funding deals worth nearly $766.7 million, outpacing the $606.79 million raised the year before.

“Plus over 2,100 startups employing more than 50,000 people, the country’s ecosystem is one of the top 10 emerging startup hubs globally.

“The Egyptian government is all in on this. And since launching initiatives like Egypt Ventures in 2017, they’ve been backing startups to drive innovation and growth in the tech space.

“Orange Egypt’s latest move only adds fuel to this already blazing fire, paving the way for more opportunities and a stronger startup culture across Africa,” it added.