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MEMEZA Shout Crime Prevention Alarm System Takes Top Prize At Inaugural AYO Scaling Africa Series – iAfrica

Elmarie Perieira – Memeza Shout
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The inaugural AYO Scaling Africa Series recently culminated in an enthusiastically contended and attended Demo Day. The top five technopreneurs selected from a broad spread of excellent entries, competed for a R100 000 cash prize, with the female-led, community-focused Memeza Shout Crime Prevention alarm system taking top honours. The range of sectors included Edutech, Cleantech, Robotics, 3D Printing and Cities of the Future.
The
AYO Scaling Africa Series challenge, a collaboration between the SA Innovation Summit and AYO Technology Solutions, is aimed at empowering South Africa’s Technopreneurs, and identifying and supporting South African digital and tech-based businesses that are disrupting the ecosystem with novel ways to solve business and everyday needs of communities across Africa. ....

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These investors want to back 'ridiculously early' female-led African startups – TechCrunch

These investors want to back ‘ridiculously early’ female-led African startups
In 2019, female-led companies received less than 5 percent of the global venture capital. Bringing it to Africa, only 10 percent of the West African startups that cumulatively raised $1 million had at least one female co-founder in the past decade.
There are many stats to back up the underrepresentation of women in starting a company, raising money and general involvement in technology where the global tech workforce comprises 28.8% women.
In a male-dominated space, programs geared toward supporting female entrepreneurs have emerged to close the gap on all fronts. However, for those centered around female founders, most are quick to offer mentorship and training but tend to ignore the importance of raising money. ....

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