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All posts by Daniel Mpala

  • Getting help from top businessman was key to first success – Vincent Manzini

    Local entrepreneur Vincent Manzini believes the mentorship he received from a leading local tech business owner was key to his first successful business, a sound hire company, which went on to generate R1-million in revenue. Manzini (pictured above, right), founder of Blank Kanvas and Ikapa Live, believes partnering with experienced IT entrepreneur, Silulo Ulutho Technologies founder Luvuyo Rani proved crucial to the success of a previous business of his -- Jump Start Entertainment, a business the two founded together. "He had walked the path, he gave me a lot of mentorship, a lot of guidance and just extracting from his failures and avoiding certain things and looking...

  • Want to bootstrap well? Know your market, consumer says Vincent Manzini

    Many entrepreneurs are held back by funding, but Ikapa Live and BlankKanvas founder Vincent Manzini believes bootstrapping your business can help you jump that hurdle -- if you do it right. "I've always bootstrapped the launch and growth of my companies," says Manzini (pictured above), who will be speaking tonight at this year's first Startup Grind Cape Town event at Workshop 17 at the V&A Waterfront. He believes the right way to go about bootstrapping is to understand your market. "With the correct product, positioning and timing you are bound to make money to fund your own expansion until you get to a point where you...

  • Could Airbuy have come up with a solution to card-not-present (CNP) fraud?

    South Africans are put off ecommerce because of "a negative perception of online transactions and online payments" because of the high amount of bank card fraud believes Njabulo Makhathini. He believes his Johannesburg-based startup Airbuy has come up with a solution to tackle this problem. "People just fear online transactions and online payments point blank," said Makhathini (pictured above left) who founded Airbuy in 2016 with Tshepang Kubo and Kabelo Twala. Makhathini who heads business development at the startup has a good reason to say so. Last year BusinessTech, quoting the South African Banking Risk Information Centre, reported that since 2010 South Africans have lost over...

  • Startups can now register to join SpliceWorks match-making platform

    Local networking platform SpliceWorks is now accepting registrations from tech startups looking to do business with corporates. This, after the platform concluded beta testing with 70 entrepreneurs in November last year. During the test phase, startups were able to request an invitation to join the site. The platform launched in September last year. SpliceWorks currently has around 150 tech entrepreneurs registered on its platform "There are around 150 entrepreneurs on the platform now," SpliceWorks CEO and founder Floris Buys told Ventureburn on Thursday (18 January) in an email. Read more: SpliceWorks platform goes live, aims to match tech startups with corporates In November last year, the first deal on the...

  • This is how this medtech startup founder raised $200 000 from competitions

    While many entrepreneurs are focused on raising funding from traditional sources such as banks, angel investors or from friends and family, Cameroonian entrepreneur Alain Nteff was able to raise up to $200 000 in equity-free funding in 18-months, simply by entering competitions. For Nteff it all started in 2014, a year after he and Conrad Dangu founded GiftedMom, a platform that tackles infant and maternal mortality through information sent to users via SMS or a smartphone app. After running a six-month pilot a friend of his told him about the Mastercard Foundation's Anzisha Price competition. He applied, together with over 300 other candidates from across Africa. "We were chosen...

  • Uprise.Africa opens Storied to investors in possible first for crowdfunding in SA

    Equity crowdfunding platform Uprise.Africa has opened what could be possibly South Africa's first live equity-crowdfunding campaign to investors, with the launch yesterday of Jacana Media's Storied SA initative. The campaign, which aims to fund the publication of more African literature was launched yesterday at 2pm and will run until 15 April, Uprise.Africa chief marketing officer Inge Prins told Ventureburn in a phone call today. The platform aims to raise R3-million over the next 88 days in return for 49% equity for investors. At the time of publication, the platform had raised just R6000 from two investors. Storied SA project manager Leabiloe Molapo said she was both "excited and...

  • Developing a blockchain app is not that difficult, says man behind hackathon

    Getting into blockchain app development is not as difficult as people make it out to be, as the resources to do so are available to everyone, says Andrew Tudhope, a lead architect and mentor at blockchain production studio Linum Labs. "Anybody with university education and with further education is more than capable of scaling skills up by looking for and using the resources," said Tudhope, speaking ahead of The Unlock the Block Blockchain Hackathon 2018 which is set to kick off next week Monday (22 January) in Cape Town. He believes the barrier to entering blockchain development for many is more "psychological than real". "People think it's hard to...

  • EasyEquities postpones launch of equity crowdfunding campaign by two weeks

    Investment platform EasyEquities has postponed the opening of the investment round of its first equity crowdfunding campaign of 10 Startupbootcamp Cape Town startups by two weeks. The round is supposed to have opened today (15 January), however the campaign's page now lists 1 February as the date the investment round will open (see the screen grab below, taken from the company's website today).Purple Group vice-president for business development Almero Oosthuizen (pictured above) said the company decided to delay the offering so that it could update the shareholder prospectus -- which lays out the terms of the investment. The initial prospectus, he said, made use of language...

  • Silicon Valley bound: Aerobotics team set to jet off to US for Launchpad Accelerator

    Four members of South African aerial data analytics platform Aerobotics are set to take part in the fifth class of Google's Launchpad Accelerator which kicks off in two week's time in Silicon Valley. The four -- CEO James Paterson, CTO Benji Meltzer, lead developer Nic Coles and COO Andrew Burdock -- are set to join the members of 23 other startups from around the world for the start of the fifth cohort of Google's Launchpad Accelerator at the Google Developers Launchpad Space in San Francisco. The 24 startups are expected to spend two weeks in San Francisco for an all expenses-paid training which...

  • Norwegian accelerator Pangea seeking African startups for Kenya programme

    Pangea Accelerator, an Oslo-based investment platform and accelerator programme, has opened applications to its recently launched accelerator in Nairobi, Kenya. Applications to the Pangea Accelerator Programme opened last week Friday (5 January) and will close on 19 February. A total of 40 startups will be selected to join the accelerator, which Pangea Accelerator co-founder and investor manager Chisom Udeze said is expected to kick off on 2 March. The accelerator was founded last year by Udeze a Nigerian, together with Dede Koesah (Ghana/Togo), Gilbert Kofi Adarkwah (Ghana), and Jonas Tesfu (Eritrea), with the aim of supporting impact-driven African early-stage startups operating in fintech, agribusiness,...