Thomson Reuters Africa Startups Challenge seeks ventures in 10 key areas

The Thomson Reuters 'Africa Startups Challenge' seeks those new top startups that make a good investment or partnership opportunity for our company and its customers. In partnership with Venture Capital For Africa (VC4A), we've launched an initiative to provide a platform for startups to partner with us as they grow their venture into a lucrative business.

The recent Global African Investment Summit highlighted several areas; Energy, Financial Services, Agribusiness, Infrastructure, Natural Resources and Tourism lead the way as attractive areas to invest across the continent. These high growth areas map nicely to some of those which we as Thomson Reuters and our customers serve. That is why we’ve chosen the following 10 categories we explore for opportunities:

  • Agri-tech
  • Big data analytics
  • Blockchain
  • Digital government
  • Education
  • Internet of Things
  • Fintech
  • Media-tech
  • Mobile technology
  • Supply chain

The Africa Startups Challenge seeks to find the best new companies coming out of Africa. As a large continent made up of many emerging markets Africa is home to some exciting startups who are able to leverage new technology and new business models to leap-frog the current players. We want to know which startups are important and why.

What’s in it for you if you win?

+ A potential partnership with a global financial services and professional information company,
+ Increase visibility for your startup by being showcased on our global investment platform called Eikon,
+ Be coached and mentored by a Thomson Reuters employee and learn from their expertise,
+ Unique opportunity to attend the Thomson Reuters Africa Summit 2016 and network with top corporates in the financial industry,
+ An amazing cash prize for the winning startup.

Overview of applications

Below you can find an overview of the 300+ startup ventures that have already applied to the The Thomson Reuters 'Africa Startups Challenge'. The deadline is July 15th, 2016. Apply now!

We’ll select the best teams and individuals who provide sound analytical reasoning, a focused investment philosophy, and a list of their Top 5 startups to present to our esteemed panel of judges. The winning team or individual will not only win a cash prize but will be invited to attend our 2016 Africa Summit in October and tour our new Thomson Reuters Lab in Cape Town.

We’ve partnered with VC4Africa to make this challenge a reality. They have opened their platform to identify and vet startups as well as The Cape Innovative and Technology Initiative (CiTi). And we’ll be testing out a new tool called Innoscape developed by Sam Chadwick to help you keep track of all the great startups you’re identifying. Lastly, the top startups we'll find will be featured in a special section of Eikon EMEA as well as be invited to our Summit and Lab launch. They’ll have an opportunity to pitch their company to our panel for partnership consideration.

Join us

Will you join us in our search for the top African startups? Please register now for the Africa Startups Challenge!

Best of luck and we hope to see you in Cape Town in October!

Saidah Nash Carter is SVP, Innovation - Africa at Thomson Reuters. Saidah began her career creating news products for Reuters News and launched some of the first multimedia news offerings on Yahoo! and AOL nearly 15 years ago. Today at Thomson Reuters she pursues her passion for building innovative, digital content experiences for consumers and professionals with an increased focus on the intersection of mobile, social and emerging markets.