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All posts by Staff Reporter

  • Equity investment in SMEs up 108% says PwC’s Accelerator global report

    PricewaterhouseCoopers' (PwC) Accelerator has released a new global report, which focuses on the equity financing market for SMEs. The report was compiled using data based on Pitchbook and World Bank Data, and looked at SMEs from 2010 to 2015. PwC's Accelerator looked at over 52 000 companies that employed under 250 people, over 81 000 known deals under EUR500-million, and over 33 000 equity investors. "The Atlas is a useful reference guide for CEOs of SMEs looking for financing. It helps them to understand the global equity financing market and to identify barriers and enablers at a global, cross-border and regional level”...

  • Seed Academy launches ‘State of Entrepreneurship’ survey

    The Seed Academy has opened up its survey The State of Entrepreneurship in South Africa - The Entrepreneurs View to all SA entrepreneurs to help portray an honest perspective of the entrepreneurial landscape. According to the incubation and funding programme, the survey came about due to high unemployment rates and poor growth related to the current economy. Survey participants could stand a chance to be a part of a one-on-one session with some of SA's leading entrepreneurs. The lineup for the one-on-one sessions includes Gil Oved, Miles Khubeka, and Ian Fuhr. This year, the survey expands the scope and focus from startups to entrepreneurs. According...

  • Mama Money expands to three more African countries

    Fintech remittance startup Mama Money, has announced aggressive expansion plans into Mozambique, Malawi, and Kenya by April. It has already expanded into Nigeria, Ghana, and Tanzania. The company started off as a money transfer service from SA to Zimbabwe, but has since expanded to include 650 Mama Money agents and 32 000 cash points for consumers to utilise. "In Zimbabwe, through Mama Money’s integration with financial institutions, we are reaching six million mobile wallets and two million bank accounts," says co-founder of Mama Money, Raphael Grojnowski, in a press release to Ventureburn. It has partnered with entities in different countries, such as 25 of the largest banks and mobile...

  • Village Capital launches competition for food entrepreneurs in Africa

    Training and investment company Village Capital in association with The Hershey Company, is looking to support food entrepreneurs in Cote D'Ivoire, Ghana, and Nigeria. The company is looking to identify and support entrepreneurs increasing access and affordability to nutritious food products in those regions. According to a statement on the VC4A website: "West African economies like Ghana, Nigeria, and Côte d’Ivoire are growing rapidly, yet nutrition for children still lags behind. In Ghana, UNICEF estimates that 57% of children under 5 are anaemic, 23% are stunted, and 30,000 children suffer from Severe Acute Malnutrition annually." Village Capital will send 10 startups to the Village Capital’s...

  • 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,...

  • Ventureburn is looking for its next editor

    Ventureburn.com is seeking a talented and driven startup-savvy news writer & editor who lives and breathes startups. We're looking for someone dynamic and dedicated to become part of our exciting company based in Cape Town, on a full-time basis. Job details Writing news & feature stories about the continent’s startup story, including conducting interviews with some of the top and emerging entrepreneurs and VC's in South Africa, as well as the rest of the continent. Network with some of the best entrepreneurs in Africa. Attending startup events and sniffing out scoops Subbing, headline writing Managing contributors and topics list Based...

  • Demo Africa to hold mini events in search for startups

    The sixth edition of technology startup event Demo Africa will take place on 6 - 7 September in Johannesburg, South Africa. Those wanting to showcase their startups have until 30 April to apply. Apart from the main event, the organisation will host mini-Demo Africa events in 14 cities around the continent from February to May. These smaller events will allow startups from the health, education, agriculture, commerce, hospitality, manufacturing, entertainment, energy, and logistics sectors to compete for a chance to launch their company at the main Demo Africa event. "We will be covering all the four corners of the continent and we have increased...

  • Top startup events in South Africa, Africa you should know about this week [30/01/2017]

    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...

  • Tickets now available for next Simodisa Venture Train

    Tickets are now available for the Global Entrepreneurship Congress Venture Train, which takes place from 16 to 17 March. Starting in Johannesburg and heading to Cape Town, and taking place on the Shosholoza Meyl Premier Classe Train, the event is geared towards international and local entrepreneurs, VCs, and those in the startup ecosystem. The agenda will consist of keynotes, networking, discussing innovations, "building a global Venture Capital village" and more. The event is created by SiMODiSA, which was founded by managing director, Matsi Modise. This is the fourth Venture Train event, with the previous one being geared towards fintech. For more information visit the Simodisa Events...

  • NSBC Summit to feature 100 seminars and sessions for businesses

    The 9th annual National Small Business Chamber (NSBC) Summit will take place on 15 to 16 January at the Gallagher Convention Centre in Johannesburg. The NSBC Summit will consist of over 100 sessions and seminars, as well as the My Business Expo, Business Start-Up Expo, The Franchise Show, Access to Finance Indaba and Trading Across Borders showcases. According to Mike Anderson, the CEO and founder of NSBC, the event will is ideal for anyone wanting to start a business. "The objective of the event is to give enterprising and aspiring entrepreneurs and business owners the knowledge and tools they need to get ahead and become tomorrow’s...