Technology news
Five Kenyan Women Tech Startups awarded Ksh 1 Million to fund their business.
@iBizAfrica a Business incubator at Strathmore University that provides a nurturing environment to builds on the potential of the youth to develop innovative solutions and businesses that work for the common good in society and Standard Chartered Bank [description of your organization], today announced they have awarded five local Women led tech businesses with Ksh 1Million each to help fund their business.
Congratulating winners, Standard Chartered Bank Kenya Chief Executive Officer Kariuki Ngari said the Women in Tech program aspires to support and nurture entrepreneurship, technology and business growth for women.
“Often, people ask why the focus on women and girls. The reality is that in Kenya and globally, women and girls fall behind in many aspects of development and equality. For instance, in Kenya who constitute about 50% of our population provide 80 percent of Kenya’s farm labour and manage 40 percent of the country’s smallholder farms yet own only 1 percent of agricultural land; and receive just 10 percent of available credit. This is why
there still needs to be continued focus on supporting this half of our population. As a bank, we want to do our part in empowering women and girls,” Mr. Ngari said.
The Startups who are part of the Women in Tech program competition funded by Standard Chartered Bank and implemented by @iBizAfrica- Strathmore University were selected from a group of 380 companies competing for the top prize.
For the first time since inception of the Standard Chartered Women in Tech program the winners were selected and awarded virtually due to the ongoing pandemic. This year’s top 5 companies are
1. Soul Food– Founded by Chanya Mwanyota, Soul food is a Swahili Restaurant serving Swahili cuisine and Nigeria cuisine which has led to the creation of six virtual restaurants where they are able to provide hassle free, fast and efficient quality diverse meals.
2. Taste Afrique– Founded by Anzazi Kiti and Winnie Chiwai, Taste Afrique is a manufacturing company that distributes and sells natural food seasoning products and mixed spices called Chibundiro.
3. BenaCare– Founded by Naomi Monari, Benacare provides home nursing services to people with life-limiting illnesses across the country.
1. Nature’s Touch– Founded by Diana Ochola and Caroline Ngugi, the two are passionate about adopting natural personal care regimes in their lives. They provide health and wellness information to the public, deliver natural personal care products that are designed for individuals and their families to meet their daily grooming needs.
2. Arbes Biotech– Founded by Rachael Akeyo, the company is an agricultural startup that generates seedlings using culture technology to provide quality seedlings of various plants to clients and partners in East Africa.
Each year the Women in Tech program through @iBizAfrica Center trains more than 40 small and medium businesses leveraging on technology by offering mentorship, advisory, coaching, networking opportunities, access to seed capital and investor forums that help mold their businesses to international standards.
@iLabAfrica- Strathmore University Director Dr. Joseph Sevilla said “We are very pleased to be part of this great initiative that annually seeks to grow Women led businesses in Kenya. This program over the years has shown a tremendous increase of women businesses with great potential to drive the Kenyan economy to greater heights. We believe in building on the skills of small and medium enterprises that foster innovation and drive change, and we’re proud to be part of the positive impact they are making in the business community.” Dr. Sevilla added.
The Standard Chartered Women in Technology Incubator Kenya is Africa’s leading women in tech incubator, aligning with calls for more diversity in technology and for more opportunities for women to develop entrepreneurial and leadership excellence. The program is an initiative of Standard Chartered in partnership with Strathmore University’s @iBizAfrica.
“The unprecedented times we experience now, demonstrate more than ever that technology
is and will continue to be fundamental to a business’ success,” Mr. Ngari noted.
The program combines world class startup support with local and international experience to provide Africa’s most competitive and attractive startup incubation program focusing on immersive learning, mentorship, building and growing Africa’s next iconic startups taking on the continent’s most relevant challenges and opportunities.
The highly interactive event also provided the opportunity to discuss with various investors in the ecosystem the way forward for startups in Africa to thrive. The discussion revolved around the challenges and possible solutions for entrepreneurs to survive and thrive as the effects of the COVID 19 Pandemic continue to unfold. The conversation also forecasted different sectors and opportunities to exploit through innovation and entrepreneurship.
About @iBizAfrica, Strathmore University
@iBizAfrica is the business incubator of Strathmore University, a leading private University in Kenya. The incubator since 2012 provides a nurturing environment that builds on the potential of the youth to develop innovative solutions and businesses that work for the common good in society. @iBizAfrica over the years has provided over 400 startup companies with training, advisory, mentorship, coaching, networking opportunities, access to seed capital and investors.
We prepare startups to be investor-ready and launch into the market through our custom incubation and acceleration programs.
For more information, please visit www.ibizafrica.co.ke.
Follow us on our social media pages @iBizAfrica on Twitter and Facebook
About Standard Chartered
We are a leading international banking group, with around 84,000 employees and a 150-year history in some of the world’s most dynamic markets. We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East. Our heritage and values are expressed in our brand promise, Here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.
For more information please visit www.sc.com. Explore our insights and comment on our blog, BeyondBorders. Follow Standard Chartered on Twitter, LinkedIn and Facebook
Safaricom Academy Students Youtube Channel Initiative
The current 2014 Full time Masters in Mobile Telecommunication and Innovation students from the prestigious Safaricom Academy have created a YouTube channel with videos that showcase interviews and tips from leading players in the Kenyan Mobile Phone scene. It covers in depth some of the things that made these people great at the things that they do and helpful tips on how to improve your innovative skills around the mobile scene. It also features interesting news in the mobile industry from around the world and brings you the best from the world of app news.
Have a look below at the first video they made…..
N.B You can subscribe to their channel and watch them bring you different tech stories that will always keep you informed of the ever vibrant technology world.