Five Kenyan startups sponsored by ICT Authority for DEMO Africa

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  • 2 years ago
  • Posted: August 26, 2016 at 2:18 pm

Five Kenyan startups sponsored by the ICT Authority to pitch at DEMO Africa

 

Among the thirty African startups set to pitch at DEMO Africa 2016, five Kenya startups got endorsed by the Kenya ICT Authority to proceed with the event at Johannesburg.

These startups – AirKlip, Boresha Ltd, MumsVillage, Strauss Energy and Ujuzi Software Solutions Limited – will be pitching their various projects / products at the fifth edition of the event that kicked off on Wednesday 24th August (earlier this week) in the South African capital hosted by the South African Department of Science and Technology (DST) and the [email protected] partners.. Thirty finalists were picked from 723 startup applications sent in for DEMO Africa, out of which eleven are South African, six Nigerian, five Kenyan, three Ghanaian, one Ugandan and the rest are from Egypt, Tanzania and Rwanda.

The conference started off with a ‘techpreneur’ bootcamp that will be followed by a DEMO Rehearsal as the startups prepare for the big pitches before investors and sponsors including Google, The World Bank, African Technology Foundation, South African Department of Science and Technology (DST) and the [email protected] among others. Other events will include a [email protected] Annual General Meeting followed by a DEMO Investor meeting and an official reception ceremony.

DEMO Africa is a platform for African startups to pitch to launch their products and services as well as drum up funding and support from angel investors, capitalists and entrepreneurs. In the past four years, DEMO Africa has hosted 150 startups with support and investments in their ventures going up to $14 million (about Ksh. 1,419,600,000.00) in value.

We have seen series impact in the last 4 years, one of the startups launched in 2014 has since gone to raise more than US$2 million and employed more than 150 people,” said Harry Hare, Executive Director, DEMO Africa.

Today (26th August) is the final day of the three-day event where 30 African startups pitch their best.

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AFRICA · KENYA · STARTUPS · TECH NEWS