Four Ugandan Startups Win $10000 Seed Fund in Up Accelerate Program | PC Tech Magazine

At least four Ugandan start-up groups have been awarded USD 10000 each, to assist them in the development of transformative solutions to tackle persistent sexual and reproductive health bottlenecks in the country. The four groups were revealed on Tuesday January 17th after a pitching session in the Up Accelerate program at Outbox hub in Kampala. […]

Innovation in the Western Cape is set to get another healthy boost

Designers, inventors, entrepreneurs and product developers  can apply for grants of up to half a million Rands each from the second round of theDesign Innovation Seed Fund. The DISF is a project of the Cape Craft and Design Institute with investment and management funds respectively provided by the Technology Innovation Agency and theWestern Cape Department of […]

UoN received Sh100m to fund new innovations

The University of Nairobi will receive additional funding of Sh100 million annually to fund new inventions and to host an exhibition to showcase its innovations yearly, President Uhuru Kenyatta has announced. Speaking when he officially opened UoN Nairobi Innovation Week, President Kenyatta challenged other universities to showcase their innovations in fields such as agriculture and […]

Ghana’s start-up hub pioneer is going pan-African with a $50 million fund — Quartz

Meltwater Entrepreneurial School of Technology (MEST) has built one of Africa’s best known start-up ecosystems in Accra, Ghana over the last eight years—and now it’s doubling down on a push to take its vision pan-African. As MEST has grown, it has opened up its local entrepreneur training program to founders from Nigeria and Kenya who […]

University of Energy launches US$10m Endowment Fund | Business News 2016-04-13

The University of Energy and Natural Resources (UENR) in Sunyani has launched a US$10million endowment fund to cushion the young University into a higher pedestal in the next ten years. The endowment fund is expected to serve as supplementary to government’s subvention to the University so as to make it financially sufficient to deliver on […]

Egypt to launch $100m VC fund

Egypt’s Information Technology Industry Development Agency (ITIDA) is set to launch a US$100 million venture capital (VC) fund in 2016, in a bid to stimulate innovation and entrepreneurship in the country’s ICT sector.Speaking to Disrupt Africa, ITIDA said the agency plans to launch one or more VC funds across the year, in collaboration with the […]

African Technology Innovation Agency (TIA) seed funds inspirational 

A START-UP is one step closer to getting its innovative software solution that tackles online piracy to market, following R500,000 in seed funding it received from the Technology Innovation Agency (TIA).Custos Tech is one of almost 300 projects the agency, an initiative of the Department of Science and Technology, has assisted with seed funding in […]

Is state VC funding becoming the name of the game in emerging economies?

The Indian government this week launched a much awaited venture capital (VC) fund. Dubbed the India Aspiration Fund, the 20 billion rupee fund (US$306-million) will operate as a fund-of-funds administered by the Small Industries Development Bank of India (Sidbi). Life Insurance, India’s biggest insurance company, will be a co-investor in the fund, which will then […]

UoN launches fund targeting start-up firms – Corporate News

University of Nairobi’s  innovation centre, CD4lab, is calling on innovators to submit applications to be incubated. They will also be offered assistance to commercialise their products. The university launched the Africa Technology & Innovation Accelerator (AfTIA) in August. UoN is seeking applicants with innovative solutions around use of technology in finance, agriculture, education, governance and technology […]