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  • Insights from Private Equity in Southern Africa Conference

    The Southern African Venture Capital and Private Equity Association (SAVCA) recently held the annual Private Equity in Southern Africa Conference. The event was centred around "Fruitful Partnerships," which looks at private equity and venture capital managers partnering with businesses for growth. "Collaborations between private equity managers and institutional investors mobilise capital from international and local sources for productive deployment; the teamwork between private equity managers and investee companies builds better businesses, which in turn creates new employment opportunities and shapes healthier communities," says CEO of SAVCA, Erika van der Merwe, in a press release to Ventureburn. Investments by the numbers Apart from anything,...

  • Company Office

    Peach Payments and Callpay announce EFT system partnership

    Peach Payments, a leading and one of Africa's fastest growing payment service providers and Callpay, an innovative provider of secure payment solutions announce collaboration to provide automated Electronic Fund Transfers (EFT) as well as secure telephonic payment acceptance solutions. The innovative products will enable millions of South Africans to make instant and secure payments when shopping online or during payment processes over the phone and via call centres. Through this exciting collaboration announced at the 3rd eCommerce Africa Conference, customers will now be able to pay online using their cheque, savings or credit card accounts. Merchants that sign up through...

  • eCommerce MoneyAfrica Confex kicks off in Cape Town

    Ventureburn recently attended the third annual eCommerce MoneyAfrica Confex in Cape Town, featuring a range of notable speakers. Ventureburn editor Graham van der Made chaired the morning session, as well as a panel on the potential for ecommerce in the South African and larger African markets. The morning session covered Uber and Airbnb's global success, and various digital strategies that companies could incorporate to keep up with their customers. Luke McKend, country director for Google SA, was the first speaker, covering the importance of mobile in e-commerce. The eCommerce MoneyAfrica Confex aims to cover a wide-variety of issues and solutions facing e-commerce "I'm doing all these different things with...

  • Meet the fast-growing Go-Jek of Bangladesh

    Dhaka, Bangladesh’s capital, is an insanely densely populated city. Growing up here, Elius Hussain says, one thing is always on your mind. The traffic. The horrible jams. How you have to sometimes wait for hours before you can even get on a bus to go home. You say Jakarta is bad. You’ve not been to Dhaka. Regardless of which city makes for the more catastrophic commute, it’s obvious that mobility is an issue in Bangladesh’s capital. How to beat the traffic Pathao, the startup Elius runs, transports goods and people on two wheels – to beat traffic. It’s basically the Go-Jek of Bangladesh, and...

  • HAVAIC to advise Healthcent before investment round

    South African VC HAVAIC has announced it will advise Healthcent before its first capital raising initiative. Healthcent's app, Signapps, is a secure communication solution for the medical industry. It aims to allow the sharing of patient data via mobile phones while complying with patient confidentiality legislation. "Signapps has been trialled in South Africa’s public healthcare system and private sector health providers are now seeking to learn more about the product," says commercialisation director, Andrew Davies, in a press release. "Whilst the two sectors have different dynamics, both are responding favourably to the enhanced communication potential inherent in the product." According to the product and technology director, Michael...

  • 9 mobile apps for an organised entrepreneur

    With only 24 hours in a day and too much work to manage, multitasking is crucial for an entrepreneur. The growing technology and super-smart smartphones help you in staying organised and enhance productivity through great value apps. This is done through efficient mobile apps. Below are a few absolutely essential mobile apps that every startup entrepreneur must use to streamline the daily business activities and increase efficacy. 1. Evernote Compatibility - Android and iOS Price - Free Even though several similar apps are available in the market, Evernote is still indispensable. The app allows you to create digital notebooks, and helps in keeping track...

  • The failed startup: a narrow-minded view [opinion]

    Recently, I published an article about 17 South African startups to watch out for 2017. The piece included a range of well-known companies that achieved some pretty amazing things in 2016, such as Zoona, OfferZen, and Rainfin. Among those included was micro-jobbing platform M4JAM, which had to be sold last year. Apparently, this has caused some consternation among a few readers. I think it's time to add in my two cents to this topic. What spurred me on to write this opinion piece was the culmination of two tweets by the same author (and without mentioning names in order to avoid...

  • Google’s Launchpad Start to empower African SMEs

    Internet giant, Google has opened applications for its Launchpad Start programme which aims to empower innovative SMEs. The week-long bootcamp will see 20 startups participating in the programme, taking place in partnership with JoziHub from 27 to 31 March 2017. The Launchpad programme will focus on various subjects including UX and UI, product strategy, technology, business development, marketing and presentation skills. Each day of the programme will focus on a different subject and will include one-on-one mentorship, presentations and various amount of technical work. According to Google, there will be no fee for startups selected to be a part of Launchpad Start. Google...

  • Q&A: Daniel Guasco on his new venture, Click2Sure

    Even with the closure of Groupon in South Africa, the ex-founding director Daniel Guasco has been busy with a range of other projects. He is part of the South African Business Angel Network (SABAN), VC Team Africa Ventures, and investing in Hyperli. Guasco recently launched Click2Sure, an insurance startup, which is a bit of a strange industry for someone with a Groupon background. Ventureburn had a chance to catch up with Guasco and chat to him about this new venture. Ventureburn: With your daily-deals experience (Groupon), why start an insurance-related business? Daniel Guasco: It was from my experience at Groupon and in e-commerce more generally that I identified the...

  • Top startup events in South Africa, Africa you should know about this week [20/02/2017]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you've come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Fintech Innovation Africa roadshow to kick off in Cape Town

    One of SA's largest accelerators, Sw7, in partnership with the law firm, Webber Wentzel, will launch their roadshow, known as the Fintech Innovation Africa. The roadshow will launch in both Cape Town and Johannesburg during the week of 27 February 2017. "Innotribe’s Startup Challenge for Africa plays an important role in finding the continent’s most exciting young companies, bringing them together with the financial sector," said the head of Middle East, Turkey and Africa at SWIFT, Sido Bestani in a press release to Ventureburn. Fintech Innovation Africa will act as a runway event for the SWIFT Innotribe Startup Challenge which will be held...