Breega’s Post

For Beentrepreneurs - #StartupAfricaRoadtrip it's an honor to be supported once again by the Italian Embassy 🇮🇹 in #Uganda, #Rwanda & #Burundi through the Ambassador Massimiliano Mazzanti. Here is his quote about our initiative: «Like the Italian economic structure, the African economy is also primarily based on the activities of small and medium-sized enterprises. Startup Africa Roadtrip can serve as a true accelerator for young African talents in this regard. This year, the Italian Embassy in Kampala (also responsible for Rwanda) has expanded the collaboration to Rwanda as well, supporting the events connected to the bootcamp that will take place in Kigali in August. Rwanda has a dynamic and rapidly growing economy attracting significant international investors. The previous editions, held in Kampala, helped to identify innovative startups that are contributing to the growth of the Ugandan economy and accelerating the innovation process and digital development of the country. We are confindent in the success of the initiative in Rwanda deepening our mutual knowledge». #NGA23 Norrsken Norrsken East Africa F2A

🌍 Africa Startup Festival Highlights  Yesterday, I had the incredible opportunity to attend the Africa Startup Festival, and it was nothing short of inspiring! 🌟 The event showcased the brilliance and innovation of key players in the venture capital ecosystem, especially the remarkable women shaping the future. Notable individuals like Eunice (Ajim Capital), Oyin Solebo (TechStars Lagos), and Napa Onwusha (AWS) are paving the way with groundbreaking ideas and innovations. Their contributions are truly shaping the landscape of venture capital in Africa One of the key takeaways was understanding the criteria investors consider when choosing the right startups to invest in. From product fit and demand to crucial metrics and the strength of the founding team, these factors play a vital role in investment decisions. The discussions also delved into the challenges startup founders face, particularly the impact of laws and regulations that could potentially impact the viability of their businesses. It's a reminder of the importance of navigating the complex regulatory landscape for sustainable growth. Fintech innovation was in the spotlight, with a thought-provoking debate on whether the sector is approaching saturation. The dynamic conversation shed light on the evolving landscape and the constant need for innovation in this rapidly growing industry. Networking with industry experts, entrepreneurs, and fellow enthusiasts made the event even more enriching. It's clear that Africa is not just a continent of untapped potential but a thriving hub of creativity and innovation. 🙌 A big shoutout to the organizers for putting together such an insightful and impactful event. Excited to see the ripple effects of the discussions and collaborations that took place! #AfricaStartupFestival #Innovation #VentureCapital #Fintech

Nigeria Leads the Pack: A Thriving Landscape for African Startups Exciting news for Africa's entrepreneurial ecosystem. A recent report by Africa reveals Nigeria as the continent's leader in startup investment for Q1 2024, raising an impressive $160 million. This surge highlights the immense potential of African tech startups and the growing confidence of investors. Here's a breakdown of the top performers: Nigeria: $160 million Kenya: $108 million South Africa: $72 million Egypt: $53 million These four powerhouses collectively account for a staggering 87% of all startup investments in Africa. Aropsaid Empowers You to Be Part of the Journey! As a leading advisory firm, we help diasporans navigate the exciting world of African VC. Here's how we can support you: Market Insights: Gain valuable data and analysis to identify promising investment opportunities. Business Guidance: Explore various options like VC funds, angel investing, and crowdfunding platforms. Expert Networking: Connect with key players in the African VC ecosystem. Bespoke Consulting: Receive tailored advice to align your goals with the right investment opportunities. Ready to unlock Africa's potential? Schedule a free 30 minutes consultation with Aropsaid today! #InvestinNigeria #AropsaidTech #Bridgingthegap #diasporarepatriation #letsbuildtogther #InvestNaija #AfricansinDiaspora #InvestinAfrica

For the 5th consecutive year, and for the 5th time this year, after Cairo, Dakar, Nairobi, and Tunis, AfricArena held its flagship #VC #Unconference in the gracious winelands of Franschoek, Western Cape in South Africa. Ahead of Cape town investment week with SuperReturn africa and our Grand Summit, this unique informal gathering, enabling unfiltered exchange between investors, corporates and ecosystem builders. Attended by a stellar lineup, including Breega ESquared Dream VC Proparco Norrsken22 Startupbootcamp AfriTech Launch Africa Ventures Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH USAID AWS Startups Google for Startups Invenfin GrindstoneXL Outlierz Ventures ATG Samata Saviu Ventures Acasia yVentures Nedbank and others the collective, unified under the principles of open source Digital Collective Africa focused on: 🔖 the review and dissemination of a Governance toolkit to help equip founders with the knowledge to build high growth businesses with world class governance (taylored for every stage) 📚 a playbook for scaling and investing in Africa with the first release of sections for francophone Africa: Senegal and Ivory Coast 🎯 increasing investment in diverse founders team by increasing the allocation of capital to startups with female founders. A industry wide pledge is being released. 💹 diversification and adaption of available financing instruments and market options with the opportunities presented by asset tokenization and blockchain, and the appetite of LSEG (London Stock Exchange Group) and Euronext to provide IPO and funding opportunity for the african tech asset class This weekend was an important catalyst for disseminating ongoing initiatives but also to define new areas of collaboration around topics that will shape the future of african tech. We look forward to further development of the collective to develop ressources to all stakeholders of our community, useful to founders and investors alike, and facilitating the growth of capital available to founders on the continent. See you next year ! Powered by FMO - Dutch entrepreneurial development bank Southern African Venture Capital & Private Equity Association (SAVCA) Edge Growth GREAT Trade and Investment Digital Collective Africa

🚀 Top Media and Resources for Keeping Abreast of the African Startup Ecosystem 🌍 As someone passionate about staying ahead in the dynamic world of startups and venture capital, I often get asked (Starting to act like an influencer here 😅 ), "Where do you source your data?" Well, today, I'm lifting the curtain on the go-to resources for keeping a pulse on Africa's vibrant entrepreneurial landscape: - Afridigest led by Emeka Ajene - Briter Bridges led by Dario Giuliani and Lisa With - Disrupt Africa led by Tom Jackson and Gabriella Mulligan - TechCabal led by Tomiwa Aladekomo - TechCrunch by Tage Kene-Okafor and Annie Njanja - Technext by Tomiwo Ojo - Techpoint Africa by Emmanuel Paul - Africa: The Big Deal by Maxime Bayen and Max Cuvellier Giacomelli - Ventureburn by Burn Media - BCSL by Benjamin Dada - Tech in Africa - Tech Safari by Caleb Maru - Fintech News Africa by Christian König - Wamda (For North Africa) by Triska H. - VC4A by Ben White - WeeTracker by Nayantara Jha Remember, knowledge is power, and staying informed is the first step toward success in the ever-evolving startup landscape. Feel free to share your favorite resources or let me know if you'd like more recommendations from other regions! Together, let's elevate Africa's innovation story. 🌟 #StartupAfrica #VentureCapital #InnovationHub

The Africa Tech Festival 2023 kicked off in Cape Town, South Africa this week. Bringing together more than 15,000 players from the various sectors of the world of digital technologies, the festival is widely considered the continent's most important tech event. To mark the occasion, we’re taking a closer look at start-up activity in Africa, and more specifically at the funds raised by start-ups in African countries in 2022. The following infographic is based on AfricArena data covering transactions worth $100,000 or more. It shows how start-ups in Nigeria received the most investment in 2022, with $1.2 billion raised by start-ups in the country last year. This represented 68 percent of the total funds raised by start-ups in West Africa. Nigeria could also be described as Africa's incubator of unicorns (start-ups valued at over $1 billion): in 2022, Africa produced seven of them, and five of them were from Nigeria. Kenya, Egypt and South Africa, other members of the African "Big Four", were also hot spots for start-up investment: with 1.1 billion, 823 million and 555 million respectively raised, the three countries established themselves as major players in the African economy last year. #africa #startup #unicorn #growth #summit #insight #data

ALERT - Public voting is underway! During the Global Startup Awards Africa Edition 11, more than 11,000 startups and ecosystem participants that align with the Sustainable Development Goals (SDGs) have been identified across 54 African countries, thanks to the collaboration of our Country Partners, Ambassadors, Jury Members, and numerous Ecosystem Partners throughout the regions. The Southern Africa’s Regional Finalists have been identified, now you have a say! Follow the steps below to view the finalists and vote for the one you think should be a Regional Winner. It's easy to cast your vote in a few simple steps: 1. Click the following Southern Region Voting Link: https://lnkd.in/d5Wk5ef3 2. Find the startup you would like to vote for, click on the VOTE 3. Check the box to ACCEPT the terms & Conditions 4. Select "Vote with Email" 5. Put you Full Name and Email address 6. Then, Submit Seize this opportunity to acknowledge and honour the African startups dedicated to creating a positive impact in communities across the continent. #GSAAfrica2024 #GetSeen #GetConnected #GetFunded #africa #startups Impact Tank Namibia Acelera Angola Mustard Seed Innovators Association of Eswatini - IAE Botswana Digital & Innovation Hub BongoHive Technology and Innovation Hub

Re-introducing Djassi Africa. We advance and back African and Afro-diasporan innovators building tech-enabled startups to solve the world's greatest challenges. We envision technology, entrepreneurship, and bold innovators as the catalyst for the socio-economic transformation of the African continent and the rest of the world. Our mission is to unlock the potential of these innovators and accelerate the growth of their businesses to deliver impact at scale. And how do we do it? 1) Venture Building - we accelerate and mature high potential early-stage startups into investable and market-ready businesses (Idea, pre-Seed and Seed stages). 2) Ecosystem Building - we follow a data-driven approach to embed diversity, equity, and sustainability in the DNA of innovation and entrepreneurship ecosystems. 3) Funding - we are angel investors, typically one of the first investors in early-stage startups that require much more than financial capital to grow and scale. We are pan-African with a current priority on Lusophone Africa countries (PALOP) and the Afro-diaspora in Europe. Djassi Africa was founded in April 2020 by Fernando Cabral and Rudolphe Cabral. All details in www.djassiafrica.com #DjassiAfrica

Speaking today at the Africa Startup Ecosystem Builders Summit following the BoostUp Bootcamp, Obakeng Segwagwe zoned into the importance of collaboration between African nations to grow our continent. It’s a great day for The Southern Africa Innovation Collective(SAIC) to see companies, products, and services that were, at some point, just ideas but have now been commercialized and added to our economies in Southern Africa. SAIC member countries have assisted startups from Botswana, Namibia, South Africa, Tanzania, and Zambia in building a foundation of what we would like to achieve for our region, which is economic diversification by the introduction of technology-orientated solutions. #BDIH #SAIC #SAIS #InnovationIsHappeningHere