Connect with us

Ventureburn

Nigerian tech startup Kwik Delivery receives $1.7-million 

Lagos-based Kwik Delivery platform has secured $1.7-million in a Pre-Series A funding round from undisclosed institutional and high net worth investors.

Published

on

Lagos-based Kwik Delivery platform operated by Africa Delivery Technologies has secured $1.7-million in a Pre-Series A funding round from undisclosed institutional and high net worth investors.

Kwik Delivery has secured $1.7-million in funding

Romain Poirot-Lellig, founder and CEO of Kwik Delivery comments on the companies exceptional growth and what the investment means for the startup.

“Kwik Delivery has demonstrated to customers and investors alike its efficiency as well as the relevance of its bold technology-based approach during a most challenging period. This financing round is enabling us to grow even faster and to disrupt and conquer new markets.”

The funding will be used to expand the business model across new markets.

Kwik Delivery

Launched in 2019, the tech startup is an on-demand delivery platform focusing on the rich and diverse B2B and B2B2C market.

As a last-mile delivery platform, Kwik Delivery connects African businesses to independent delivery riders which are called ‘Kwiksters’. Essentially, the startup has created an easy solution for businesses in Lagos to transport or deliver their products to customers. A wide range of shipping options are available catering to different sizes of packages for delivery.

The tech startups aims to become an integral participant in the structure, facilitation, and growth of the eCommerce sector in Sub-Saharan Africa.

Through an easy-to-use delivery app available on both iOS and Android, businesses are able to deliver products across the city of Lagos.

Read more: Ghana healthtech secures $1.5-million in funding
Read more: Mali edtech startup secures funding from Zoom

Featured image: Kwik Delivery, Facebook

Source: https://ventureburn.com/2021/03/nigerian-tech-startup-kwik-delivery-receives-1-7-million/

nigerian-tech-startup-kwik-delivery-receives-$1.7-million

Ventureburn

ZwartTech launches Talent Foundation to equip Africans with digital skills

Lagos-based ZwartTech has announced the launch of its new edtech, Zwart Talent Foundation (ZTF) in a statement on 30 July 2021.

Published

on

Lagos-based ZwartTech has announced the launch of its new edtech, Zwart Talent Foundation (ZTF) in a statement today.

The foundation aims to equip young Africans with ICT skills necessary to close the growing African skills gap. The project has also set aside 70% of recruitment positions for African women.

87% of African CEOs are concerned about the digital skills gap

According to a report by PwC, featured in 2020’s Digital Skills Insights publication, 79% of global CEOs are worried about the availability of digital skills in their workforces, with 87% of African CEOs sharing the same concern.

“We launched the Zwart Talent Foundation to help Africans quickly combat poverty by giving them the chance to acquire tech skills as well as connecting them to international job opportunities. This will enable them to earn more and boost their economic status,” commented Nelson Tosin Ajulo, Chairman of ZTF in a statement.

ZTF’s three-pronged approach to tackling this skills gap means participants are led through the process from initial skills training to launching successful, sustainable careers.

The foundation aims to equip 2 000 Africans with critical ICT skills and recruit them into global companies over the next five years.

The Zwart Academy

Participants are first trained through the Zwart Academy in cybersecurity and Javascript for six months at no cost, giving them the necessary foundation to complete a one-year internship with Zwart Tech on completion.

“We have also realised that the quality of ICT education in Africa is inadequate. Considering this, students who join the Foundation will become Junior Developers in less than three years compared to attending a university and spending four or five years on the same course,” stated Ajulo.

Zwart Recruit

Zwart Recruit aims to support African ICT developers by connecting them with international companies looking for employees specialising in digital skills.

The Zwart Hub

The Hub is an accelerator programme that takes startups from concept to scaling their business on a global scale through mentorship and support from successful, experienced startup owners and investors.

While the global skills gap is worrying, considering automation may render many digital jobs obsolete in the near future, ZTF’s approach is different, according to Ajulo.

“Our approach is not only innovative, but it also saves time and will help tackle inequality faster, bridging gaps between social classes. The Academy training program involves a lot of practicals and it is free,” she concluded.

Read more: Edtech Go1 is SA’s first unicorn after closing $200m round

Read more: Transforming B2B payments could grow Africa’s local businesses [Opinion]

Featured image: Zwart Talent Foundation Chairman, Nelson Tosin Ajulo (Supplied)

“We launched the Zwart Talent Foundation to help Africans quickly combat poverty by giving them the chance to acquire tech skills as well as connecting them to international job opportunities. This will enable them to earn more and boost their economic status,” commented Nelson Tosin Ajulo, Chairman of ZTF in a statement.

Source: https://ventureburn.com/2021/07/zwarttech-launches-talent-foundation-to-equip-africans-with-digital-skills/

zwarttech-launches-talent-foundation-to-equip-africans-with-digital-skills

Continue Reading

Ventureburn

OneDayOnly’s daily deals reaffirms SA liquor industry support

SA’s leading flash sale site OneDayOnly has announced its continued assistance to the local liquor industry through the recent move to Level 4 lockdown.

Published

on

SA’s leading flash sale site OneDayOnly has announced its continued assistance to the local liquor industry through the recent move to Level 4 lockdown.

The e-commerce site has displayed resilience and innovation through previous alcohol bans by allowing vendors to keep taking orders, thereby supporting many local businesses to continue seeing a profit. “During the previous lockdowns we continued to support the local liquor industry by running weekly promotions that made wine and other locally produced products available for purchase on the site which was then delivered directly from the supplier as soon as trading resumed,” says Laurian Venter, Director for OneDayOnly.

Continued support for local SA liquor industry

In a report published in February 2021, the South African Liquor Brand owners Association (SALBA) published the cumulative economic losses incurred over the last three bans. Commenting on the report, SALBA CEO Kurt Moore said that not only is the industry and its people suffering, but the Government itself was experiencing considerable losses to the fiscus.

The site will continue to run daily liquor deals through Level 4

The report shows that the tax revenue loss (excluding excise) to the fiscus from the value chain arising from the bans amounted to R29.3- billion (equivalent to 2.3% of tax revenue) and direct excise tax revenue lost across the nation was R8.7-billion (equivalent to 21.2% of excise revenue).

Moore clarified that SA’s GDP loss was approximately R51.9-billion. “If you factored in the loss of potential total capital formation – some R21.7-billion (equivalent to 0.3% of national capital formation, or fixed capital investment in 2019) – then the prohibition measures could only be viewed as a national socio-economic disaster,” he said.

The e-commerce site will be running daily liquor deals, Wine Wednesday, Thirsty Thursday and Festive Friday promotions and will deliver once the lockdown lifts to assist local farms and businesses with expenses and staff costs.

Clarifying the decision, Venter concludes: “From a professional and personal standpoint, we have friends across both these industries that have been devastated by the last two lockdowns.”

Read more: Imperial donates R1-million for healthtech to Unjani Clinics
Read more: SA tech startup aims to create the fastest insights on the planet [Sponsored]

Featured image: Maja Petric via Unsplash

The site will continue to run daily liquor deals through Level 4

Source: https://ventureburn.com/2021/06/onedayonly-daily-liquor-deals-reaffirms-support-sa-industry/

onedayonly's-daily-deals-reaffirms-sa-liquor-industry-support

Continue Reading

Ventureburn

She Loves Tech calls for African female-focused startups

Applications are open for She Loves Tech, the world’s biggest startup competition for women in tech. Prizes of up to $50 000 available!

Published

on

Applications are open for She Loves Tech, the world’s biggest startup competition for women in tech. The competition is hosting its seventh edition with prizes up to $50 000. This year’s focus hones in on African tech startups.

Fundraising will be front and centre this year

Since its inception, the global non-profit organisation has committed to closing the funding gap for women entrepreneurs and building an ecosystem for technology, entrepreneurship and innovation that creates opportunities for women. Fundraising will be front and centre this year and this pitch round will be held across over 40 countries. Partners of the event include ATAST, Beijing Women’s International Center, Circle, Girls in Tech Macau, Gobi Partners, Hatch and the Kerala Startup Mission.

More than just a tech competition

“Last year, we announced our new mission to catalyse $1-billion funding for startups coming through She Loves Tech by 2030,” says co-founder Rhea See.

Startups can expect increased funding and one-on-one opportunities with leading VCs, mentoring hours, and direct cash and investment prizes throughout the series. Alumni startups from previous years have received over $250-million in aggregate funding from some of the world’s top investors, including Sequoia Capital, Vertex Ventures, Wavemaker, Microsoft and Amazon

“She Loves Tech 2021 is more than a competition, it is an acceleration platform designed to take women-led and women impact startups to the next level,” remarks co-founder Leanne Robers. Previous participants include Arianna Huffington (Co-Founder & CEO, Thrive Global), Ann Cairns (Executive Vice Chair, Mastercard) and Mahmoud Mohieldin (UN Special Envoy on Financing the 2030 Agenda).

“Without women, we are unable to solve the world’s greatest challenges. Women represent a new generation of innovation and disruptive thinking,” comments co-founder Virginia Tan.

If you are a tech startup with at least one female founder or a majority of female consumers or end-users, apply here before registrations close.

Read more: Harambee Youth Accelerator acquires SA hiring app Giraffe
Read more: Women in tech at risk of being left behind

Featured image: @canweallgo via Unsplash

“She Loves Tech 2021 is more than a competition, it is an acceleration platform designed to take women-led and women impact startups to the next level,” remarks co-founder Leanne Robers. Previous participants include Arianna Huffington (Co-Founder & CEO, Thrive Global), Ann Cairns (Executive Vice Chair, Mastercard) and Mahmoud Mohieldin (UN Special Envoy on Financing the 2030 Agenda).

Source: https://ventureburn.com/2021/06/she-loves-tech-calls-for-african-female-focused-startups/

she-loves-tech-calls-for-african-female-focused-startups

Continue Reading

Title

Cointelegraph15 hours ago

The future of DeFi is spread across multiple blockchains

Creating interoperability, not competition: Multichain solutions will positively impact the blockchain space in terms of accessibility, innovation and economic viability.

Ventureburn1 day ago

ZwartTech launches Talent Foundation to equip Africans with digital skills

Lagos-based ZwartTech has announced the launch of its new edtech, Zwart Talent Foundation (ZTF) in a statement on 30 July...

CNBC3 days ago

Earnings

Corporate Company Earnings, Find Earnings Per Share and Earnings History Online

Bioengineer4 days ago

Reduced microbial stability linked to soil carbon loss in active layer under alpine permafrost degra

Credit: NIEER Chinese researchers have recently discovered links between reduction in microbial stability and soil carbon loss in the active

Reuters6 days ago

Chipmaker TSMC says too early to say on Germany expansion

Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW) said on Monday that it was too early to say whether it will...

Bioengineer7 days ago

SNMMI Image of the Year: PET imaging measures cognitive impairment in COVID-19 patients

Credit: G Blazhenets et al., Department of Nuclear Medicine, Medical Center - University of Freiburg, Faculty of Medicine, University of

Techcrunch7 days ago

The DL on CockroachDB – TechCrunch

As college students at Berkeley, Spencer Kimball and Peter Mattis created a successful open-source graphics program, GIMP, which got the...

CNBC1 week ago

International: Top News And Analysis

CNBC International is the world leader for news on business, technology, China, trade, oil prices, the Middle East and markets.

Blockchain news1 week ago

Ethereum is Expected to Undergo a 90% Daily Emission Reduction Following ETH 2.0 Upgrade

Market analyst Lark Davis believes that Ethereum 2.0 upgrade will prompt a 90% daily emission reduction from 12,800 to 1,280.

Reuters1 week ago

EXCLUSIVE India watchdog accuses Amazon of concealing facts in deal for Future Group unit

India's antitrust regulator has accused Amazon.com Inc (AMZN.O) of concealing facts and making false submissions when it sought approval for...

Review

    Select language

    Trending