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  • It’s time for tech female founders to embrace the African century [Opinion]

    We have transitioned from the African Renaissance narrative a few years ago to believing Africa is rising out of the ass heap of despair, to more recent chatter about lions on the move and scaling gazelles. We can keep creating slogans, be our own hype beasts or we can actually roll up our sleeves and get our hands dirty as we clean up our own mess, grab this Industry 4.0 revolution by the lapel and turn this into the African Century, for real. Yes, the scabs from wounds inflicted by our colonisers and the architects of apartheid are a constant reminder...

  • Company Office

    Project Isizwe’s WiFi TV hits 1 million views in one month

    Project Isizwe’s Video-On-Demand (VOD) service, WiFi TV, that was launched in November last year, has reached the coveted 1 million view milestone during February alone. WiFi TV is a free and hyper-localised internet VOD service delivered by the City of Tshwane (CoT), providing unlimited access for users of the Tshwane Free WiFi network. The VOD service streams video content created by young film makers living in various areas of the CoT, offering relevant and engaging news and entertainment. They cover topics such as music, current affairs, entrepreneurship, religion, jobs and sport and were previously unemployed or under-employed. The CoT created the...

  • Tunisian robotics startup Enova Robotics raises $1.6-million from Capsa Capital

    Tunisian robotics startup Enova Robotics has raised $1.6-million from Tunis-based investment firm Capsa Capital. In a phone call with Ventureburn today (18 September) Enova Robotics founder Anis Sahbani (pictured above) said he will use the investment to improve the startup's "innovation process", to fund research and design and to open a European branch in France. Enova Robotics designs and manufactures four different types of mobile robots with applications across education, security (see video below), healthcare and marketing. Sahbani, said since he launched the startup in 2014, Enova Robotics has built and sold between 50 and 60 robots. Enova Robotics was founded in 2014...

  • 11 startups to pitch at second edition of Seedstars Kinshasa

    A total of 11 of the Democratic Republic of Congo's (DRC) best startups are set to pitch at the second edition of Seedstars Kinshasa taking place this Friday (21 September). Seedstars World, one of the largest seed-stage startup competitions for emerging markets, announced the 11 startups in a statement yesterday (17 September). The startups are set to pitch in front of jury panel that will include Seedstars World senior manager Fanny Dauchez, Fsd Africa country representative Henry Plessers, Rawbank head of commercial banking Jean Paul Odent, Elan RDC business development services sector leaf Bas Zuidberg and Deloitte managing partner Bob David Nzoimbengene. Seedstars Kinshasa is...

  • Here are the eight Kenyan startups selected to pitch at Seedstars Nairobi

    Seedstars World, one of the world's largest startup competitions, has selected the eight Kenyan startups to pitch at Seedstars Nairobi this Friday (21 September). The eight will pitch in front of a panel of judges who include Africa's Talking CEO Samuel Gikandi, Umtati Capital co-founder Munyutu Waigi, Omidyar Network investment principal Teresa Mbagaya and Seedstars East Africa associate Maryam Mgonja. The winner of the pitch event, which is being held with the support of Nailab and Bora Digital, will win an all-inclusive trip to attend the Seedstars Summit in Switzerland in April next year where they stand to win up to $1-million in...

  • SA fintech JUMO closes $52m round led by Goldman Sachs

    SA fintech JUMO today announced the close of an equity funding round of $52-million led by Goldman Sachs. Also participating in the round were Proparco, the private sector financing arm of the French Development Agency (AFD), Finnfund, Vostok Emerging Finance, Gemcorp Capital, and LeapFrog Investments. It comes as in July JUMO founder Andrew Watkins-Ball (pictured above) revealed that the startup had the secured first commitments in the round -- from French development agency Proparco and Finnish development finance company Finnfund (see this story). Those commitments were secured in early June. The startup’s platform helps facilitates digital financial services such as credit and savings in emerging markets. The Finnish development took part in...

  • Ghanaian fintech Inclusive selected for Google’s machine learning programme

    Accra based fintech startup Inclusive Financial Technologies has been selected to join Google Launchpad Studio's applied machine learning acceleration programme for fintech startups. The Ghanaian startup -- which was founded in 2016 by CEO Paul Damalie and CTO Dela Ayivor -- has developed Inclusive ID. The software is a single identity verification API that enables financial services providers to meet Anti Money Laundering (AML), Know-Your-Client (KYC) and Counter Terrorist Financing (CTF) compliance. Inclusive Financial Technologies was the only African startup selected to join the accelerator's cohort of 10 startups. The remainder of the companies participating in the programme hail from the US,...

  • Kagiso Interactive’s Kryptoro offers user friendly crypto exchange [Sponsored]

    Marvel Comics, EA Games, Disney, MTN, and Mahindra Kotak Bank – apart from being among the biggest and most successful companies in technology, these names form part of the client list of SA software development firm Kagiso Interactive. Kagiso Interactive, which has regularly been voted as the Best Mobile Applications Development Company in Africa and the Middle East, has recently been touted as one of the leading companies globally to watch in the space of augmented reality (AR) and virtual reality (VR). Aware of the recent explosion of cryptocurrencies across various fields, this giant of technological solutions ventures into the cryptocurrency sphere...

  • Moroccan healthtech DabaDoc secures undisclosed investment from top insurer

    Moroccan healtech DabaDoc -- allows users to locate and make appointments with doctors online -- has secured an undisclosed investment from the startup's first institutional shareholder Axa Insurance Morocco. The investment deal, which was signed last Wednesday (12 September), is set to enhance DabaDoc's footprint in its current markets in Morocco, Algeria and Tunisia. In addition the startup will use the capital to further develop its offering. Since its launch in 2014, the startup claims over 2-million appointments have been booked through the service. In addition, DabaDoc's platform also helps medical professionals manage their practice, communicate with their patients, store records securely and optimise...

  • Luno to open new headquarters in Joburg, hire over 30 staff for office

    SA bitcoin exchange Luno announced today that it will be opening a Johannesburg office. The office will serve as Luno’s regional headquarters for Africa. The news follows hot on the heels of a report by Ventureburn last month that the London-headquartered company with teams based in several cities across the world — had embarked on hiring 40 new employees for its Cape Town office (see here), In a statement today, Luno said in addition to building out the Africa coverage team, the Johannesburg office will also be home to a brand new engineering team. Luno is currently seeking to recruit over 30 staff for the new office, with...

  • Why I invest in teams over single founders – venture capitalist [Q&A]

    You have a great idea, now you want to get funding for your startup. Do VCs prefer investing in teams or in single founder companies? For venture capitalist and co-founder of Knife Capital Keet van Zyl the choice when it comes to investing in a startup often comes down to a startup with a team as opposed to single-founder company. Over the 12 years of Knife Capital's history -- all the deals that the VC has concluded have had co-founders. Do VCs prefer to invest in a team or in a single founder, to take your idea to market? "The fact that there is more...