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  • AfricArena Tech Conference to be ‘one-stop shop’ for startups and investors

    A "one-stop shop" for deal making. That's what AfricArena Tech Conference lead organiser Christophe Viarnaud claims the two-day conference set for 6 and 7 November at the Century City Conference Centre, Cape Town will achieve. Addressing a press conference held on Wednesday at Invest SA's Cape Town office, Viarnaud said the conference -- an initiative of La French Tech and Silicon Cape -- aims to facilitate investment deals between investors and tech entrepreneurs. AfricArena Tech Conference will be held in Cape Town at the Century City Convention Centre between 6 and 7 November Viarnaud attributes African startups struggle to raise funding to "a lack of interface, a...

  • Company Office

    Beyond Innovation – it’s Innovation velocity that really matters…

    '5 Ways to Drive Innovation'…'The World's Most Innovative Leaders'….'The Latest Innovations in Fintech'…sound familiar? In mainstream media, and in the corporate lexicon, the word innovation has become ubiquitous – particularly when discussing entrepreneurship, technology, leadership, and how all three combine. As a result, it has all but lost its meaning. Among startups, for example, product differentiators are often peddled as 'innovations' – when in fact they are simply, product differentiators. Journalists often trumpet the release of a high profile company's latest 'innovation', when in fact it is simply the release of a new product (and should be reported as such!). Why is...

  • To create next Elon Musk continent needs more seed funding says AfricArena head

    If Africa is to produce the next Elon Musk and get more such entrepreneurs to stay on the continent, far more money needs to be pumped into the continent's tech ecosystem, the head of AfricArena Tech Conference Christophe Viarnaud said yesterday. Speaking at a panel discussion held at the Cape Town office of Invest SA, South Africa's investment agency, Viarnaud (pictured far right), said Africa may have over a billion people and thousands of tech entrepreneurs but it only attracts one percent of the seed funding worldwide. "Clearly, that’s a massive problem," he added. The panel discussion was hosted by Wesgro in partnership with Silicon Cape and the French Consulate ahead of...

  • Despite slow growth of tech ecosystem, those in Gambia remain optimistic

    Touching down at the Banjul International Airport, a first-time visitor would be impressed with the petit nature of the continent’s fifteenth least populated country. At the arrival lobby where the ATM machines are, several banners of telecoms companies encourage travellers to choose their network as preferred roaming service. Getting an active line is free at the airport and its activation takes few minutes of registration and Banjul’s streets and main roads are lined with billboards advertising various offerings by telecoms providers and internet service providers. With several operators and operational ISPs, one would expect basic tech devices such as the PoS machine...

  • Startups have 10 days left to complete Ventureburn survey, win iPhone 8, more

    Startups have just over 10 days left to complete the second annual Ventureburn Startup Survey and stand a chance to win an iPhone 8 as well as a business startup hamper powered by Telkom, BCX and Trudon and other great prizes. Ventureburn, in partnership with Telkom Futuremakers and analytics company Qurio launched the survey on 2 October. The survey will close on 31 October. Thus far 165 questionnaires have been completed in full. 'The Ventureburn Startup Survey will prove crucial in providing data on the challenges faced by South Africa’s tech startups' This year's survey follows the successful 2015 survey and aims to again to uncover the nuts and bolts of the startup sector and answer...

  • HearX and ColonyLive grab wins at Accenture Innovation Index Awards

    Healthtech startup HearX and messaging platform Colony Live last night won awards at the 2017 Accenture Innovation Index Awards. The winners were announced at a ceremony held in Johannesburg yesterday. HearX was selected as the winner in the Small Enterprises Concept category while Colony Live won in the Emerging Enterprises Concept category. Three other tech startups had been shortlisted across the two categories. These are ThisIsMe, SolarTurtle and CrashDetech. Read more: Here are the five startups shortlisted for the Accenture Innovation Index Awards "All participants were assessed based on their level of advancements in innovation --from the ability to modernise their products and solutions, to how...

  • Will local startup Scoop A Cab really offer meter taxi drivers a way to take on Uber?

    SA ride-hailing startup Scoop A Cab claims it will offer meter taxis a way to take on the likes of Uber and Taxify with their new app and in doing so help reduce recent taxi violence, but will it work? The self-funded startup, founded earlier this year by Princess Ncube, began offering the service via its app to Bloemfontein from 1 October, after the service launched in Johannesburg and Pretoria earlier this year. The Scoop a Cab app offers three vehicle types that passengers can utilise: hatchbacks, meter taxis and private cars. In an email to Ventureburn, a marketing representative for the startup, Anesu Matewa, claims that encouraging meter taxi drivers to join the platform...

  • State, private sector must partner to ride out Fourth Industrial Revolution – Zulu

    "The only way to ride the wave of the Fourth Industrial Revolution is through partnership," Small Business Development Minister Lindiwe Zulu said today at the announcement of a partnership between the state and a Cape Town incubator. The official announcement of Cape Town hardware technology incubator Savant's partnership with the Small Enterprise Development Agency (SEDA) follows an already two-year partnership between the two entities. The announcement was made at the incubator's offices in District Six, Cape Town. Zulu said the SEDA Technology Programme is one of her department's flagship programmes. She added that there was still a need to upscale support given by the government. She said that her department has chosen to...

  • How losing R2m in a deal, liquidation saw Antoinette Prophy start local accelerator

    A common African proverb says a strong bull is seen by its scars, not by the lack of them. The same can be said of experienced entrepreneurs. Battle hardened serial entrepreneur and 88 Business Collective founder Antoinette Prophy has the scars to show for it. She's grown an ad agency from the lounge of her mother's house to a company employing 60 employees with a footprint in East Africa. She's been at the losing end of a deal -- and lost R2-million, and she's gone through a nightmare no entrepreneur wants to face, liquidation of their first business. Her woman-focused business accelerator 88 Business...

  • SA fintech startup ThisIsMe, Easy Equities tie for top spot at African Fintech Awards

    SA fintech startup ThisIsMe has clinched joint top spot at the African Fintech Awards, with Easy Equities. It follows  two days of intense pitching battles and an extensive voting process involving the public. The awards were hosted at the Finance Indaba held last week. ThisIsMe helps clients to comply with Know Your Customer (KYC) and FICA legislation via an online platform, while Easy Equities allows one to invest in the stock market at a fraction of the cost of traditional stock brokers. 'ThisIsMe is growing globally into Africa and other markets and we are constantly enhancing our technology' In a press release ThisIsMe co-founder David Thomas...

  • Angolan food delivery platform Tupuca wins Seedstars pitch on second attempt

    Online food delivery platform Tupuca, which currently serves 20 000 customers, has been selected the best startup in Angola by Seedstars World, the global seed-stage startup competition for emerging markets. The announcement was made in a press release yesterday by Seedstars World and follows a pitching competition that took place at Thomson Group International's office in Angola's capital Luanda last Friday. Eight selected startups were invited to present their ideas in front of the local jury panel. As a part of the prize Tupuca will be participating at the Seedstars Summits in Mozambique in December and Switzerland later this year to represent Angola. Tupuca has so...