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All posts by Daniel Mpala

  • Will the Teranga Lions roar and dominate like Senegalese startup CoinAfrique?

    Senegal take on Poland today at 5pm (Central African Time) in their second appearance at a World Cup. In order to make it past the other teams in Group H, Senegal will have to dominate its competitors, much like Senegalese classifieds platform CoinAfrique has. The startup -- which was founded in 2014 by Matthias Papet and Eric Genêtre -- is one of the first mobile marketplaces for French-speaking Africans. With operations in 17 countries across Francophone Africa, and a claimed 657 000 downloads of its app (since the app was launched in 2015) Papet and Genêtre are scaling the platform as fast as Senegal's lightning-quick...

  • Meet Quickloc8: from zero to an MVP demonstrator using R650k TIA grant

    From zero to an MVP demonstrator using R650 000 in seed funding from the Technology Innovation Agency (TIA). That's how the head of Cape Town tech hardware incubator Savant describes Mbavhalelo Mabogo and his startup Quickloc8. Mabogo (pictured above) was one of three startups that were showcased by the incubator during a demo day held last week Thursday (14 June). The three are all supported by the incubator. The two other startups were Intelligent Safe and Jonga. Mabogo founded Quickloc8 in 2015. The startup has produced a real-time vehicle and passenger tracking solution for the taxi industry. "The work that Mbavhi (Mabogo) has done with that R650 000 was amazing, he basically...

  • Can Tunisia haul a win? Meet the logistics marketplace that could inspire them

    After three defeats in a row for African startups the pressure will be on Tunisia to bring some cheer to the continent. After all, Tunisia back in 1978 became the first African team to win at a World Cup. Going into the match (which kicks off at 8pm Central African Time today) the Eagles of Carthage seem like the underdogs and will have to push very hard to get a win. If only they could call on logistics marketplace Optimalogistic draw in the heavy hitters. Optimalogistic is a two-year old marketplace for freight trucks and construction equipment Mohamed Ben Slima (featured above, second from left)...

  • As the Atlas Lions march into battle, learn how MedTrucks is disrupting healthcare

    Morocco kicks off their 2018 World Cup campaign today at 5pm (Central African Time) when they take on Iran. The Atlas Lions currently on an 18-game unbeaten run and have been wandering the World Cup desert since France 98. Deserts -- that's something MedTrucks founders Jamir Derrouiche (pictured above, right) and Anass El Hilal (pictured above, left) don't shy away from when it comes to providing medical care to patients in remote areas. In 2015 the duo founded MedTrucks, a startup that wants to ensure that patients are never more than 20 minutes away from medical care through its mobile health services. Morocco's MedTrucks goal is...

  • Ahead of the Pharoahs’ Group A match, meet Egyptian healthtech Vezeeta

    This afternoon at 2pm, Egypt kicks off Africa's campaign at the 2018 Fifa World Cup with its Group A match against Uruguay. With Mo Salah having been cleared to play, after sustaining a shoulder injury last month, all eyes will be on the forward come kick off. If you are in Egypt or in the Middle East and North Africa (MENA) region chances are you will turn to Egyptian healthtech startup Vezeeta, should you have the misfortune of incurring a similar injury or just in need of a doctor. Founded in 2012 by CEO Amir Barsoum (pictured above) and Ahmed Badr, the startup is...

  • Tertiary education one of founding blocks of entrepreneurship – MEST head [Q&A]

    Tertiary education is one of the founding blocks for entrepreneurship. So, believes Victoria Jackson (pictured above), senior community manager at MEST Africa. "Access to the support and knowledge transfer of tech ecosystems and innovations must be available to all," said Jackson, speaking to Ventureburn ahead of the MEST Africa Summit which takes place between Monday and Wednesday next week (18 and 20 June) in Cape Town. Now in its tenth year, the organisation -- which offers a seed fund, incubator and graduate-level training programme  -- has trained over 250 graduates with a further 60 set to graduate its fully-funded year-long training programme in...

  • Is new Jozi artist investment platform Sunkambe set to be the JSE of music?

    Recording, launching and distributing an album can typically cost an artist tens of thousands of rands -- money many new and upcoming musicians often don't have. Added to that, artists, much like startups, face a near impossible task financing their projects from banks. Enter Sunkambe, a platform that allows artists to crowd fund the distribution and recording of an album in return for allowing investors a share of their royalties. The platform is set to launch later this month. In April Sunkambe was one of 25 startups from around the world selected to pitch at Seedstars World Summit's startup garden in Lausanne, Switzerland. In the same month the...

  • Lumkani to extend coverage in Joburg, expand team after closing seed round

    Cape Town-based startup Lumkani is set to service more communities in Johannesburg, this after it announced yesterday (7 June) that it had closed a seed round with 4Di Capital, Accion Venture Lab and Lireas. The social enterprise startup has developed an early-warning device for fires in informal settlements and an insurance product it launched in 2016. "We are looking to extend deeper into Johannesburg," Lumkani director David Gluckman told Ventureburn today. While he declined to comment on the details of the deal, he said the startup is looking to grow its presence in Gauteng. The company currently has an office in Johannesburg. He added that the startup --...

  • Here’s what you need to know about Nigeria’s tech startup ecosystem

    Are you a venture capitalist or an angel investor looking to invest in a company? Are you an entrepreneur looking for capital or other opportunities? Are you an aspiring startup owner looking for assistance? Well, you have come to the right place. Ventureburn presents the 2018 guide to Nigeria’s startup scene. Nigeria is arguably the most important tech startup ecosystem on the continent right now. This year alone, two of the world's biggest tech companies, Google and Facebook, opened their own hubs and launched accelerator programmes in country. Judging by the number and size of equity investment deals that have come out of...

  • Online lender Rainfin sells majority stake in business to bankroll new R1bn fund

    SA online lending platform RainFin has effectively sold its business to its current BEE shareholders, the LeBashe Investment Group. The deal, announced last week on the lender's blog, will enable Rainfin to finance a new R1-billion fund targeting small businesses. Terms of the deal -- which resulted in the BEE investors having increased their present stake in Rainfin from 30% to 75% -- were not disclosed. Founded in 2012 by CEO Sean Emery (pictured above), and COO Hannes van der Merwe, Rainfin -- which in April announced a partnership with Johannesburg-based alternate exchange 4AX -- also announced that it had established the RainFin SME Fund which the company said will "focus on...