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Twitter / Participants attending a workshop in Seedstars Maputo
More than 500 delegates including innovators and investors, took part in the third annual Seedstars Africa summit in Maputo on Thursday, to technological innovations and business ideas, A Verdade reports.
The Maputo summit was the 3rd this year of Seedstars Africa, the continent’s largest gathering of startups. aimed at discussing and consider problems faced by African countries seeking to adopt strategies in line with the current technological innovation environment.
According to Chuma Nwokocha, managing director of Standard Bank, Seedstars’ main partner, the Mozambique summit will contribute to the creation of a sustainable business ecosystem in the country by allowing potential and established innovators and entrepreneurs access to resources they need to materialise their ideas.
“Seedstars is an excellent platform for presenting technology-based business ideas conceived by young Mozambicans, situating the country as a producer and not a mere consumer,” said Chuma Nwokocha.
In addition to supporting technological innovation through its partnership with Seedstars, “Standard Bank has collaborated with small and medium enterprises, which are the appropriate vehicle for achieving the bank’s purpose of fostering inclusive growth in Mozambique”.
The setting up of Standard Bank’s Business Incubator, the partnership with Seedstars, the provision of investment funds and the design of targeted products and services were cited by Nwokocha as ways the bank drives entrepreneurship and technological innovation.
The director general of the National Institute of Communications of Mozambique (INCM), Américo Muchanga, who presided over the opening ceremony on behalf of the Minister of Transport and Communications, Carlos Mesquita, urged participants to add value to existing information and communication technology in the country so as to enable more Mozambicans to gain access to basic services such as health and education.
“Information and communication technologies, when associated with innovation, can add value in all areas of society and extend the reach of the traditional infrastructures, to the benefit of communities,” Muchanga said.
Muchanga said Seedstars Africa would both facilitate interaction between young innovators from Mozambique and other countries, and expose their ideas to potential investors.
Seedstars technology director Luís Rodrigues said the event would bring more visibility to the start-ups ecosystem in Mozambique in particular and the African continent in general.
“Through the startups present here, coming from 17 countries of the continent, people, particularly young people, will realise that it is possible to create. The most important thing is to realise that we can do something,” Rodrigues said.
— SolarCreed (@SolarCreed) December 14, 2017
— Dario Mungoi ?? (@DarioMungoi) December 14, 2017
— Orange Corners Maputo (@OrangeCornersMZ) December 14, 2017
.@gregoryomondi and I ran a workshop on #MobileOperator – #Startup collaborations at @Seedstars Africa Summit. Great to see startups, mobile operators and other ecosystem builders getting involved! #SSWAFRICA2017 #Maputo #Mobile pic.twitter.com/exGRSpTXXM
— Sam Ajadi (@sam_ajadi) December 14, 2017
Source: A Verdade
Happening at the Seedstars Africa conference in Maputo, Mozambique: Startup Pitches-The goal of the pitch for start ups at the Seedstars event is to sell their product, their company and themselves in a short period of time. #SSWAFRICA2017
— Black Umbrellas (@sblackumbrellas) December 14, 2017