MoDe wins Africa leg of IBM competition

2012-11-05 10:25

(Stan Honda, AFP)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Cape Town – The Kenyan mobile nano credit company Mobile Decisioning was announced as the winner of the first IBM SmartCamp that was held in South Africa.

Mobile Decisioning is a company that focuses on delivering micro and nano credit products to consumers across the globe.

MoDe will now compete in the regional finals of IBM’s Global Entrepreneur of the Year Competition in Sao Paulo in December.

They will also gain support and mentorship from an IBM team of experts to prepare for the competition as well as benefit from exposure to the IBM venture capital and partner ecosystem.

The IBM SmartCamp is staged in 20 different at locations around the world and brings together entrepreneurs, investors and experienced mentors who want to build a Smarter Planet.

Four tech start-up companies from across the country presented their business ideas to a panel of judges during an event that was held in Cape Town.  

The requirements for entrepreneurs to participate in the programme was that their companies must be privately owned, they must have been in the business for five years or less, and they must be actively engaged in developing a software based product or service.

MoDe is a two year-old company with over 50 employees and a presence in five countries. Its product has already been used by millions across the continent.

“MoDe and all the finalists of Smart Camp demonstrated great tech innovation for South Africa and the African continent.  What’s more exciting is their supporting teams, business model and future plans are solid and will definitely attract positive attention of the investment community to help accelerate their commercial aspirations," said Clayton Booysen, ISV and Developer Relations Lead for IBM South Africa.


– Follow Chantelle on Twitter.

 

Read more on:    ibm  |  technology
NEXT ON NEWS24X

MTN SA CEO quits

2015-07-06 14:15

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
/News
Horoscopes
Aquarius
Aquarius

Someone may be making you feel uncomfortable. It may be a power issue or a situation that is forcing you to see things truthfully....read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.