Welcome to our website where we share news, opinions, reports, and so much more of interest to the startup transformation community in Africa…

Think globally, act locally: TRANSSION’s management of Africa, from Africa
864 486 AfricaIEG.com

Since starting in 2006, TRANSSION – formerly known as TECNO TELECOM LIMITED – has seen its sales grow from 310,000 phones annually to around 80mn in 2016. The company was founded by George Zhu, who according to current Vice President Arif Chowdhury, was “a Chinese veteran, and one of the most experienced mobile entrepreneurs in…

read more
How Miarakap Fund Boost Entrepreneurial Spirit in Madagascar
740 540 AfricaIEG.com

Miarakap, a financial support company for small and medium-sized enterprises (SMEs) and Malagasy startups has launched its services in Madagascar. The company plans to support 40 companies by investing 30 billion Ariary. Miarakap investment fund receives assistance from Investors & Partners (I & P). Investors & Partners (I & P) is an investment firm committed to…

read more
The African Development Bank and the Nairobi Innovation Week High 5s Startup Challenge
768 576 AfricaIEG.com

The Africa Development Bank (AfDB) and the Nairobi Innovation Week (NIW) have partnered to run a joint innovation challenge that focuses on the Bank’s High 5 priorities; Light up and power Africa, Feed Africa, Industrialize Africa, Integrate Africa, and Improve the quality of life for the people of Africa. The High 5s The African Development…

read more
Baobab Ventures to help African startups scale abroad
702 336 AfricaIEG.com

African tech startup support company The Baobab Network is launching Baobab Ventures, a new part of its business designed to help the companies in its portfolio scale globally – starting with product launches in the United Kingdom (UK). The Baobab Network offers tech startups across Sub-Saharan Africa access to global talent, investors and markets, and in…

read more
Endeavor launches in Nigeria with Omidyar partnership
702 336 AfricaIEG.com

Global startup support organisation Endeavor has partnered Omidyar Network to launch a new office in Nigeria, aiming to usher in a new era of growth and economic development driven by high-impact entrepreneurship in the country. Launching with support from local business leaders and a partnership with Omidyar Network, Endeavor Nigeria will support entrepreneurs and companies…

read more
Vehicle Energy Harvesting System inventor wins SA Chivas Venture IV
800 450 AfricaIEG.com

Engineer and inventor Clement Mokoenene on Friday (9 February) won the South African leg of the Chivas Venture IV competition, walking away with R350 000. A judging panel consisting of Lucas Radebe, Unathi Msengana and Stafford Masie selected Mokoenene ahead of four other social entrepreneurs for his electricity generation solution, the Vehicle Energy Harvesting System (VEHS).…

read more
Sanofi launches African e-health startup challenge
702 336 AfricaIEG.com

French multinational pharmaceutical company Sanofi has opened applications to its Afric@Tech e-health startup challenge, aimed at identifying innovators in the African healthcare space. Sanofi is running the Afric@Tech challenge across the continent, with the goal of identifying and rewarding the startups revolutionising practices in the health sector. “For over 50 years, we have been committed…

read more
I’M IN Accelerator aiming for an all-women cohort before the end of the year
800 450 AfricaIEG.com

I’M IN Accelerator has revealed that it intends to run an all-women cohort this year. The Johannesburg-based accelerator, launched last year by IDF Capital and aimed at high-growth black tech startups, is currently in the middle of its inaugural cohort, which is set to conclude the first phase of acceleration later this month. IDF Capital executive director…

read more
West African startups can apply for French-German incubation lab
1024 681 AfricaIEG.com

Startups from Cameroon, Ghana, Ivory Coast, Nigeria and Senegal have been invited to apply for the AyadaLab, which offers selected companies access to workshops, mentorship and networking trips to Europe. The AyadaLab programme consists of local and regional workshops, mentoring by some of the best African entrepreneurs in the fields of cultural, digital and social…

read more
Impact of digital technology on Africa’s ecosystem to take centre stage at the Economist’s Innovation summit in Nairobi
300 158 AfricaIEG.com

The role played by digital technology in the development of Africa’s economy will take centre stage at the Innovation Summit Africa set for Nairobi on March 6th. The event, hosted by The Economist Events, will bring together players and stakeholders in Africa’s digital space including Nailab chief executive officer Sam Gichuru, Common Market for Eastern and Southern Africa…

read more
MTN Solution Space opens applications for 2018 Venture Incubation Programme
1024 576 AfricaIEG.com

Building Africa’s next innovative tech startup? The MTN Solution Space — an initiative of UCT’s Graduate School of Business (GSB) and MTN — is looking for you and has opened applications to its 2018 Venture Incubation Programme (VIP). Applications to the programme, which is set to kick off on 3 April, will close on 28…

read more
Investing in African startups: The good, the bad, and the hopeful
760 500 AfricaIEG.com

It’s no news. The African tech scene is sizzling and a lot of foreign and local players are helping to spice it up (with their investments). Hundreds of private equity firms are equitably distributing resources among potential African startups and venture capitalists are becoming (the) more venturesome. The African continent has particularly witnessed continuous investments…

read more