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  • SA contestants chosen for semifinals of Mozilla Equal Rating Innovation Challenge

    Two South Africans, Tim Human and Dr Carlos Rey-Moreno, have been chosen to represent the nation at the Mozilla Equal Rating Innovation Challenge semifinal. Founder of RLabs, Marlon Parker, commented on the emerging trends across the semifinalists as well as his role as a judge. "Not giving people access to information creates a socio-economic divide, not just a digital divide. Every person on the planet needs to have hope, which is what the internet is for," said Parker in a press release to Ventureburn."It gives you information, it gives you a choice, it gives you an option. This is why I wanted to...

  • Company Office

    Judges announced for the IAB SA Bookmark Awards 2017

    The IAB SA has announced the list of judges that will decide which contenders will scoop a coveted Bookmark Award in 2017. The team of judges, led by Jury President John Dixon, features more diverse industry players than ever before. Josephine Buys, CEO of IAB SA says, "Our mid-year, judges workshop yielded valuable insights from the best in the business for judging the Bookmarks 2017. We have secured the time and talent of some of the brightest minds in digital and have expanded our pool of experts to include gamers, innovators and engineers.” Judges will now fall under the categories of...

  • StartupGrind kicks off 2017 with David Campey, Roger Norton on Lean Iterator

    The 20th of January saw the first Startup Grind Cape Town event for 2017, hosting Lean Iterator co-founders David Campey and Roger Norton. Ventureburn attended the event at Workshop 17 in the V&A Waterfront. The event was geared around the pair talking about their experiences in the startup industry as well as some of their own history. Before things started, several speakers addressed the audience about Startup Grind Cape Town and its partners. What is StartupGrind? "StartupGrind is an entrepreneurial networking event that happens every single month in 200 cities around the world," explained Guillaume De Smedt, the Global Community Director of Startup Grind. "It's really exciting because...

  • Chivas Regal announces 10 finalists for The Venture pitching show

    Whisky brand Chivas Regal has announced the 10 SA contestants taking part in its social entrepreneur pitching competition, The Venture. It will air on Mzansi Magic on 26 January at 6:30pm. The aim of the competition is to invest US$1-million in startups that create positive change. "Over the last two years, we have shown our belief in and commitment to this philosophy by awarding USD2 million to start-ups globally that 'do well by doing good', because we believe purpose and profit can coexist," says Marketing Manager of Scotch Whiskies at Chivas Regal, Shelley Reeves, in a press release to Ventureburn. The winner will receive R350 000...

  • French African Fund to invest in top African startups

    Investment firms, AfricInvest and Bpifrance have announced a joint French-African Fund (FFA) which will aim to invest in top small and medium businesses within Africa and France. The FFA will be managed by AfricInvest, a pan-African private equity firm focused on mid-cap investments with almost €1-billion of funds under their management. They also have offices in six African countries and more in France. "The cornerstone of the strategy for the French African Fund -- the first cross-border fund between Africa and France -- rests in AfricInvest's ability to help French companies grow in Africa, and at the same time attract African companies to...

  • Ventureburn, Startup Grind CT announce partnership

    Good news for startup enthusiasts, entrepreneurs and aspiring entrepreneurs! Ventureburn is teaming up with startup community Startup Grind Cape Town. The partnership will see Ventureburn attend every Startup Grind Cape Town meetup this year, featuring pre- and post-event coverage. Ventureburn editor Graham van der Made shed more light on the agreement. "Two of the strongest brands in the SA startup ecosystem, Ventureburn and Startup Grind, are partnering to create more awareness in the industry. This partnership will see Ventureburn covering all of the Startup Grind Cape Town events in-depth, with social media and written coverage," van der Made explained. Read more: Startup Grind Cape...

  • NSBC Summit to feature 100 seminars and sessions for businesses

    The 9th annual National Small Business Chamber (NSBC) Summit will take place on 15 to 16 January at the Gallagher Convention Centre in Johannesburg. The NSBC Summit will consist of over 100 sessions and seminars, as well as the My Business Expo, Business Start-Up Expo, The Franchise Show, Access to Finance Indaba and Trading Across Borders showcases. According to Mike Anderson, the CEO and founder of NSBC, the event will is ideal for anyone wanting to start a business. "The objective of the event is to give enterprising and aspiring entrepreneurs and business owners the knowledge and tools they need to get ahead and become tomorrow’s...

  • Former CIO of Barclays Africa joins Jumo

    Former CIO of the Barclays Africa Seeker Fund, Warren Squires has joined fintech startup Jumo, the company announced. Squires was appointed as director of MTN Channel at the company on 9 January. "It’s a big win for Jumo. Balancing our technology capability with the experience of people like Warren is really powerful," says CEO and founder of Jumo, Andrew Watkins-Ball, in a press release to Ventureburn. "Jumo is changing the face of digital finance, has made significant inroads into making a material difference in mobile money and inclusive finance for emerging markets and is at the right stage to benefit from my skills...

  • Report: African tech startups receive funding boost in 2016

    The number of African tech startups receiving funding in 2016 has risen by almost 17% compared to the previous year, a new report found. The second annual Disrupt Africa Tech Startups Funding Report found that 146 African startups raised US$129.1-million in 2016. The report clarified that, while the number of startups receiving funding has increased, the actual amount of funding saw a decline. As for the most popular nations, South Africa, Kenya and Nigeria accounted for just over 80% of funding secured. Fourth-placed Egypt was a fast mover though, seeing 100% fundraising growth. The continent has seen a slew of fintech-related startups...

  • Meltwater Entrepreneurial School of Technology is calling all SA tech entrepreneurs

    The Meltwater Entrepreneurial School of Technology (MEST) is looking for SA techies and entrepreneurs to join their next group of trainees. The programme aims to provide its trainees with hands-on software development training, an opportunity to start and grow their own business with access to global markets, as well as mentoring from executives from global software companies and the opportunity to solve real-world business problems. Thanks to the Meltwater Foundation, the next cohort of MEST trainees will also be eligible to receive seed funding of US$50 000 up to US$100 000. In addition to SA, recruitments will also be taking place in Ghana, Kenya, Cote d'Ivoire...

  • Fintech company Entersekt shows phenomenal growth

    Over the past twelve months, fintech company Entersekt has handled over one billion transactions, with 60-million of those coming from South Africa. The company handles mobile solution and authentication solutions, with offices in Africa, Europe, and North America. "Our growth is testament to Entersekt's solid operational and technical expertise, and it also reflects a growing recognition worldwide of the immense benefits of digital banking and secure online channels," says CEO of Entersekt, Schalk Nolte, in a press release to Ventureburn. Read more: 3 key startup lessons from Entersekt’s Dewald Nolte "The financial services sector is recognising the importance of providing seamless and secure online security...