Peter Pedroncelli

  • Village Capital And PayPal Launch 2018 Investment-Readiness Program For African Fintech Startups

    African fintech startups - Peer selected startups in the 2017 Village Capital Fintech Africa program, PiggybankNG and Olivine Technologies. Photo - Village Capital By Peter Pedroncelli, 6:37 am AFKI Original

    African fintech startups have yet another opportunity to strive towards sustainability with the launch of the Village Capital Fintech Africa 2018 program, in collaboration with PayPal. The U.S.-based venture capital fund’s annual investment-readiness program, which is geared towards supporting African startups focused on financial health, is looking to fill a cohort of 10-12 companies from Ghana, Kenya, Nigeria, Rwanda, South Africa, Tanzania, and Uganda.

  • 10 Tech Startup Finalists In The Seedstars Harare Competition

    myRunner was the winning tech startup at the Seedstars Harare Competition. Photo - Twitter By Peter Pedroncelli, 9:52 am AFKI Original

    The Seedstars Harare Competition served as the Zimbabwean leg of the global early-stage startups competition for emerging markets took place at the end of October, with 10 of the best startups vying to be the representative from Zimbabwe for the global final event next year. Seedstars World, which describes itself as the world’s biggest startup competition in emerging markets, holds these events in over 65 countries before winners are selected to take part in a grand final.

  • Facebook Launches Its First African Small Business Council In Nigeria

    Active facebook users - small business council By Peter Pedroncelli, 6:15 am

    Facebook has selected Nigeria as the location of its first small business council on the African continent, launching the support structure for businesses in the West African country. The council is aimed at supporting small and medium-sized businesses throughout Africa, with Facebook Africa’s small business council and Nigerian business owners from a range of industries brought together for the benefit of the small business economy in the country.

  • 10 Ways African Banks Are Partnering With Tech Startups To Innovate

    partnering with tech startups By Peter Pedroncelli, 8:31 am AFKI Original

    Banks in Africa are beginning to understand that partnering with tech startups is a smart way to innovate and stay relevant for their customers. Examples of this are present throughout the continent, with traditional banking institutions working together with fintech firms for mutual benefit. Sectors such as mobile payments, remittance and alternative finance have been significant growth areas for African fintech startups.

  • Botswana Applications Open For Seedstars World Competition

    Bua App won the Seedstars Gaborone competition in 2016. Photo - Techmoran By Peter Pedroncelli, 8:30 am

    Applications have officially opened for tech startups in Botswana with ambitions of pitching at a local Seedstars World event in the country’s capital. The winner of the early-stage startup contest in Gaborone on Nov. 3 will earn the right to pitch to investors at a final in Switzerland next year. The selected startups will pitch to a panel of judges for a chance to earn investment and prizes.

  • Investor That Backed Uber And Airbnb Invests In New York And Nairobi-Based Agri-Tech Company

    agri-tech company - Investor That Backed Uber And Airbnb Invests In New York and Nairobi-based Agri-Tech Company. Photo: africarenewal By Peter Pedroncelli, 5:06 am

    New York and Nairobi-based agri-tech company, Gro Intelligence, has secured funding from alternative asset firm TPG’s middle market and growth equity platform, TPG Growth. The agricultural analytics business announced Series A-2 financing led by TPG Growth, alongside Data Collective and unnamed strategic family offices. With global investment in food and agribusiness growing fast, demand for insightful, reliable data on the sector has never been greater, and this is where Gro Intelligence comes in.

  • 11 Winners From The MTN Business App Of The Year Awards

    MTN Business App - The Awethu Project in action. Photo - Awethuproject By Peter Pedroncelli, 10:46 am

    The sixth edition of the MTN Business App of the Year Awards took place recently in Johannesburg, with mobile applications across various categories recognized for their positive impact on business. Mobile app solutions developed and presented by people from a diverse range of socio-economic backgrounds ensures that these solutions are designed with real-life challenges in mind.

  • African E-Health Startups Have Attracted Over $19M In Investments

    E-health startups - Discovery Health's DrConnect is a new telemedicine products available in South Africa. Photo - YouTube By Peter Pedroncelli, 6:01 am

    E-health startups across the African continent have shown impressive growth in recent years, allowing them to raise over $19 million in investments. While the e-health startups present on the continent continue to gain traction, the industry as a whole is experiencing strong growth, and between the 115 medical-related startups operating in 20 countries, over $19 million worth of investment has been attracted.

  • Uber Appoints New West Africa Head To Focus On UberX Service Levels

    Lola Kassim has been appointed as Uber general manager for West Africa. Photo - Techpoint By Peter Pedroncelli, 7:50 am

    Taxi-hailing startup Uber has appointed a new West Africa general manager, with Nigerian-Canadian Lola Kassim now heading up operations in the region. The announcement sees the former management consultant at McKinsey and Company take on the West African leadership role at the California-based firm. Uber currently operate in 15 cities across eight African countries, including Kumasi, Accra, Abuja and Lagos.

  • New Tech Company Makes Johannesburg Stock Exchange Debut

    4Sight Holdings makes Johannesburg Stock Exchange debut. Photo - ITWeb By Peter Pedroncelli, 5:56 am

    New data technology company 4Sight Holdings made their debut on the Johannesburg Stock Exchange (JSE) this week. Tech company 4Sight Holdings officially listed on the JSE’s Alternative Exchange (AltX) on Thursday, 19 October 2017. This is the first new tech listing on the South African bourse in almost three years. The last IT-related tech listing on the South African exchange was services sector company Cartrack in December 2014.