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All posts by Staff Reporter

  • MyFinda, the ‘first’ search-engine in Kenya

    Myfinda, which claims to be the very first search engine developed in Kenya, has officially been launched by Finda Mobile Application Limited last week. Since the initial activation in January, they've had over 5000 downloads and over 400 businesses registering, the company revealed in a press release emailed to Ventureburn. "The purpose of Myfinda is simple, to make the Kenyan local business visible and accessible," said CEO and founder of Finda Mobile Application Limited, Maliha Sheikh-Sevany. MyFinda is a mobile application directory which enables a business to increase their visibility within the marketplace. It provides customers with access to updates regarding jobs, fashion and currency, to name a few. MyFinda's subscription...

  • Innovation Summit: watch and learn at Ventureburn Pitching Den [Native Article]

    Pitching your business/startup to potential investors is a daunting task for almost any entrepreneur, but what better way to get pointers than by watching a high-stakes pitching process? We've teamed up with the SA Innovation Summit for the Ventureburn Pitching Den Competition, offering some attractive prizes to winning startups. The competition, taking place at the summit's Market on the Edge exhibition area, will see startups pitching their businesses to a panel of judges. The panel will judge the businesses using several criteria, including innovation, financial performance and strategic direction. What do the startups gain? So what kind of prizes are up for grabs then? Well, the overall winner gets...

  • Jumia Pay is Jumia’s latest payment initiative

    Nigerian shopping giant, Jumia, recently announced the launch of its third-party payment solution which provides a 'more convenient' payment method to its users. Jumia's cash-on-delivery payment method constitutes between 70-90% of its current payment methods. Its new initiative, JumiaPay, will facilitate online payments across the 23 countries the company operates in. "Jumia Pay has a very simple yet crucial objective: go even further in providing a safe, a secure and a convenient shopping experience to our customers, building trust along the way between us, our thousands of sellers and our millions of customers," said Co-CEO of Jumia, Jeremy Hodara in a...

  • Applications open for Johannesburg based Centre for Innovation and Entrepreneurship courses

    The Centre for Entrepreneurship and Innovation (LORA) is looking for applications for its 2017 New Venture Creation programme in Johannesburg. The programme will prepare students for decision-making, risk-taking, storytelling, market, strategy, and other topics. Students will need to complete Entrepreneurship and Innovation, Business Finance, Operations Management, Marketing Management, Personal Branding, Digital Marketing, and Business Strategy and Leadership modules. The course is five months long, spanning January to July, and is a SETA accredited certificate. According to the LORA about page, the programme's teachers "don't teach what is in the textbook, we discuss what practically happens in the marketplace, the next bounce of the ball in...

  • Ventureburn wants to know about your tech startup

    Ventureburn is dedicated to featuring and writing news about startups in emerging markets. In fact, it's our passion to inform our readers about new startups, entrepreneurs doing great things, entrepreneurs not doing such great things, and events. Even with all of our networks and contacts, sometimes there are startups that fall through the cracks. In this case, we'd love to know about them. If you think your startup (or someone else's) has some interesting news then please let us know. The company needs to be tech-based, or using technology in an interesting way, and be situated in an emerging market (such as...

  • Is SA ready for the new world of work? [SPONSORED]

    The days of landing a job and staying in a company until retirement are gone. Indeed, for the new workforce, this old-fashioned approach holds little reality, writes Jane Steinacker. Last year, Millenials (roughly defined as those born from the early 1980s) became the largest generation in the workforce. This, says Lee Naik, MD of Accenture Digital, is significant for two reasons. "First, because Millennials will soon become the predominant source of human capital, and, second, because businesses stand to benefit greatly from the technology acumen and talent this generation (also known as 'digital natives') possesses." The greatest workplace disruptor, digital transformation, is changing not just the way...

  • What innovation really means for business [SPONSORED]

    Innovation, like any good words appropriated too many times for too many purposes, has become something of a cliché, says Adam Oxford of htxt.africa, a company looking to claim back the word by inspiring action. We might understand innovation better “if we could define it a little more clearly”, says Oxford, htxt.africa’s editor in chief. That’s easier said than done, but one simple definition comes from WeThinkCode’s Camille Agon, who believes "innovation is finding solutions to problems". WeThinkCode is a new peer-to- peer tech institution that opened in South Africa in 2016. It aims to identify and train people between the ages of 17 and 35...

  • Domestly takes home 2016 MTN App of the Year award

    MTN has crowned cleaning-on-demand startup, Domestly, as its 2016 App of the Year winner. They were chosen out of 450 entries from SA. The app connects consumers with cleaning professionals in order to create more jobs. It also allows cleaning professionals to manage their schedule and receive payments for the work they've done. Domestly was developed by Berno Potgieter and Thatoyaona Marumo has reportedly created 600 jobs within its first six months of being online. "The big thing about how we packaged the business is that it is a marketplace. It is about getting into a particular area and letting the market play. Cape...

  • GroTech looks to raise additional R38-million for funding

    VC firm GroTech is looking to raise an additional R38-million in funding. This comes after the company received R62-million in its last round. GroTech invests in companies using technological innovations to disrupt industries such as banking, insurance, health, and media among others. "The investment pipeline is healthy. Since the close of the first round of capital raising which closed on 29 February 2016, GroTech has reviewed in excess of 170 business plans. To date we have made one investment and are currently evaluating another three, one of which is at term sheet stage," says CEO of GroTech Clive Butkow in a...

  • Nigerian business directory VConnect receives upgrades for engagement

    Nigeria's largest search engine, VConnect, has received a facelift, making it easier to find local businesses in the country. According to a press release sent to Ventureburn, the website lists over 1.2-million businesses in Nigeria. It allows businesses to list all their information, operating times, as well as images. In turn, customers can rate these companies. "Our goal is to provide complete information that helps users to find and connect with businesses that are right for them. VConnect isn't just a business search engine; it's a discovery and engagement platform," says the founder and general manager of VConnect, Deepankar Rustagi, in a press...