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All posts by Staff Reporter

  • The ultimate checklist if you’re starting a business [Sponsored]

    Start a business, they said. It will be fun, they said. No matter how many books you read or how much advice you receive, becoming an entrepreneur is no easy task. However, if you believe in your dream and want to make them come true, you’ll probably need this handy checklist to ensure everything goes your way. Have a business plan You’ve got a plan? Then, stick to it. Having a specific goal for your brand will allow you the platform you need to make informed decisions to get to where you want to see yourself in two years. Consider things like: How do you intend...

  • The real cost of institutional memory loss [Sponsored]

    When it comes to staff members, nothing is predictable. The fact is, employees will retire, emigrate, start families and seek greener pastures. Unfortunately, you may not always be prepared for these changes, but you can safeguard your organisational memory and limit the negative effects of its loss in your business. Not many organisations understand the full expense of employee turnover. In fact, the price of organisational memory loss (OML) due to staff departing, can be equivalent to anywhere from one month, to several years’ salary of an employee. And so, it’s essential for a company to try and mitigate such losses...

  • Nigerian recruitment startup DropQue crowned the winner of Seedstars Lagos

    DropQue, a Lagos-based startup that helps companies source staff at a lower cost through secure video interviews, has been selected as the winner of this year's Seedstars Lagos pitch event. Pharmaceutical ecommerce platform MyMedicines and crowd-sourcing startup Natterbase were placed second and third, respectively. DropQue uses a combination of one-way unassisted video interviews and an artificial intelligence (AI) assessment assistant to help companies to source suitable candidates. The startup was founded in 2016 by CEO Opeyemi Akinwoleola and Yinka Akinbobola. DropQue will now represent Nigeria at the Seedstars Africa and global summits By winning Seedstars Lagos, DropQue will go onto represent Nigeria at Seedstar’s Africa summit in December and...

  • SA proptech startup HouseMe crowned winner at Seedstars Cape Town

    Cape Town based proptech startup HouseMe has come out tops at Seedstars Cape Town. HouseMe was placed first at the event, which was held last Friday (19 October). In second was fintech startup Slide Financial, while procurement platform Kuba took third place. Founded in 2016 by Ben Shaw and Kyle Bradley, HouseMe connects tenants to residential landlords, providing letting services for a fraction of agency fees. HouseMe was founded in 2016 by Ben Shaw and Kyle Bradley By placing in the top three, HouseMe, Slide Financial and Kuba have secured spots at the Seedstars South Africa finals which take place on 14 November at Seedspace Cape Town. Seedstars World's...

  • SA health innovators have four days left to enter Sanofi South Africa Challenge

    Global pharmaceutical company Sanofi is calling on SA innovators within the medical, healthcare and ICT sectors to enter the Sanofi SA Challenge. The challenge -- held in partnership with the National Department of Health -- is focused on innovation that will optimise adherence to the treatment of tuberculosis (TB). Entries close this Friday (26 October). The Sanofi SA Challenge is focused on innovation that will optimise adherence to the treatment of tuberculosis Startups will need to present a multi-device and multi-channel solution that will help SA healthcare professionals optimise TB treatment by: Incentivising completion of treatments. Tracking weekly adherence and monthly collection of medicines. Identifying non-adherence...

  • Top startup events in South Africa, Africa you should know about this week [22/10/2018]

    This week Startup Grind Johannesburg will host Retroviral founder Mike Sharman as he tackles the do’s and don’ts of a perfect pitch on Tuesday (23 October). In Kenya, African Business Angel Network Tom Davies and SA funding consultant Alexandra Fraser will on Thursday (25 October) conduct a workshop on valuation and deal structuring. In Nigeria, Ventures Platform will on (26 October) host a sit-down between the Nigerian government and startups to discuss how the government can help create a favourable environment for startups. This article is part of a weekly series that highlights all the top startup events, competitions, networking sessions, workshops and conferences in Africa. If...

  • Eight black-owned fintechs win R16m worth of funding, support from AlphaCode

    Eight black-owned fintech startups have won business support and funding totalling R16-million from Rand Merchant Investment Holdings' (RMI) fintech incubator AlphaCode. The eight -- which include SELFsure, Akiba Digital, the ISpani Group, Jamii, Nisa Finance, Pago, Prospa and Yalu (see their respective pitch videos below) -- were selected last night (18 October) as winners of the AlphaCode Incubate initiative following a pitching session. The packages consist of R1-million in grant funding and R1-million in support (which includes mentorship, monthly expert-led sessions, exclusive office space in Sandton, marketing, legal and other business support services as well as access to the broader RMI network). The AlphaCode Incubate initiative -- run in partnership with Merrill Lynch South Africa and Royal Bafokeng Holdings --...

  • Nigerian rewards platform Thank U Cash secures funding from Ventures Platform

    Lagos-based venture capital (VC) firm Ventures Platform has invested an undisclosed amount in Nigerian rewards platform Thank U Cash. Ventures Platform founding partner Kola Aina announced the investment in a statement on blogging site Medium last Thursday (11 October). Aina said his firm saw the "huge but fragmented and largely unstructured" retail economy in African countries -- where small businesses do not have the resources or expertise to build robust loyalty programmes or data analytics -- as an opportunity. So far this year, Thank U Cash has secured funding from Nigerian VCs Ventures Platform and Microtraction Thank U Cash was founded earlier this year by CEO Madonna Ononobi, CTO...

  • Here are the 10 tech startups that will pitch at Seedstars Abidjan 2018

    Seedstars World, one of the largest startup competitions for emerging markets, has announced the 10 startups that will pitch at Seedstars Abidjan next Friday (26 October). The startup that comes out tops at the pitch event, which will take place at Seedspace Abidjan, will win an all-inclusive trip to attend the Seedstars Summit in Switzerland in April next year, where the startup stands to win up to $1-million in equity investment. In addition, the winning startup will also represent Ivory Coast at the Seedstars Africa Regional Summit which will take place in Dar es Salaam, Tanzania on 13 December. A total of 10 startups have been selected to pitch at Seedstars Abidjan next Friday The...

  • SA insurance platform Click2Sure secures investment from Greenlight Re

    Cape Town based digital insurance platform Click2Sure has secured an undisclosed investment from Greenlight Capital Re, a Cayman Islands based reinsurance company. In a statement today (17 October), Click2Sure said the investment was motivated by the startup's "unique cloud-based technology" and the experience of Click2Sure's founding partners serial entrepreneurs Daniel Guasco (pictured above) and Jacques van Niekerk. Commenting in the same statement, Van Niekerk said he was delighted by the investment as well as the endorsement of the startup's "unique full-stack, multiple digital platform capability and potential". Click2Sure was founded in 2016 by Daniel Guasco and Jacques Van Niekerk "This partnership has brought global recognition to a South African business and...