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All posts by Staff Reporter

  • LaunchPad connects students to startup internships in Asia

    Ever wanted an internship in Asia? Students and graduates from around the world now have access to information on the best internships offered by startups in Asia, thanks to iMoney, one of Malaysia's leading financial product comparison website. The jobs site? It's called LaunchPad. Asia is one of the fastest growing economic regions in the world, alongside Africa, and its blossoming startup scene will give interns a hands-on experience in a fast-paced environment. LaunchPad, which functions as an internship aggregator, is effectively a jobs board for internships who're looking for startups in Asia. LaunchPad was created as a social project to help students "match...

  • Microsoft’s bet on Africa grows with launch of youth gadget programme

    We've written quite a bit about Microsoft's 4Afrika initiative which sees the software giant explore ways of linking the growth of its business to growth on the continent. The company is now throwing weight behind its Youth Device Programme under which it will provide a bundle of affordable devices, educational applications, online services, affordable data plans, and smart financing to Kenyan learning institutions. The rollout is done in conjunction with Intel's East Africa presence and the Kenya Private Schools Alliance (KPSA). The move extends Microsoft 4Afrika Youth Initiative that started earlier this year. The initiative already provides scholarships, fellowships, and...

  • SSX: ‘The evolution of crowdfunding’ for startups [Video]

    Crowdfunding has become something of a phenomenon in the last few years. Key players like Kickstarter have facilitated products and projects coming to life that otherwise would never have seen the light of day. Yet when it comes to crowdfunding startups it becomes a lot trickier -- for example how liquid is your investment, or moreover, how secure is it? The Startup Stock Exchange (SSX), headquartered in Curaçao, believes that it is the marketplace to handle these issues, combining the benefits of crowdfunding with the "liquidity, security, and oversight of a regulated securities exchange." The marketplace believes so strongly in...

  • TrafficButter to launch crowdsourcing app to help solve Nigeria’s road issues

    Traffic's a bitch, we all know that. And anyone who's been to Africa's major cities would tell you no different. The popular Twitter account that keeps Nigerians in the know with their local road news, TrafficButter, and the existing JonnyWaka app are joining forces to develop a community-driven mobile app, officially called Traffic Butter Mobile App. The team hopes to be Nigeria's go-to source for all road information by making significant investments in technology, including tools for more stress free commuting. The app is said to benefit from improved personalization and more interactive road traffic viewing or reporting than...

  • Nomanini secures series-B bringing total capital raised to over R20-million

    Nomanini, the company that delivers physical prepaid vouchers through its little cloud-connected box, has secured an undisclosed amount in series-B funding from Seychelles-based investment company Rockbridge Investments Limited. The latest financing brings the startup's total raised capital to over R20-million -- roughly US$2-million. The funds will enable Nomanini to expand its prepaid platform across Africa and in to other developing countries. In 2012, Nomanini raised US$600 000 in series-A funding from Netherlands based eVentures Africa Fund (eVA Fund) as well as Esther Dyson — the angel investor who sits on the board of companies such as 23andMe, Evernote and...

  • TechCabal Battlefield 2014: the top 3 Nigerian startups

    TechCabal Battlefield 2014 has come to pass, and after much hype and excitement the Nigerian startup competition ultimately looked to three ventures as the winners. Out of the 92 applicants and initial seven finalists, these are the top startups: PrepClass, who got first place, is an e-learning startup that describes itself as an online portal that helps students prepare for exams. PrepClass literally prepares students for popular tests such as the nationwide JAMB exams. PrepClass received US$20,000 and some extra goodies. In second place there's Callbase. It's described as being a telephone system for modern distributed teams. Basically, it's a cloud-based service...

  • Bus.com.ng now takes Nigerians to over 200 destinations, compatible with PAGA

    Spark, the Nigerian "company builder" founded by Jason Njoku, Bastian Gotter and Mary Remmy-Njoku (all of iROKOtv) has reason to be happy as one of its initial investments: bus ticketing website bus.com.ng has become Nigeria's largest bus travel site taking people to over 200 destinations around the country. Collaborating with more than 65 bus operators, and offering departure points in seven states in Nigeria, bus.ng.com is now also in partnership with mobile payments solution PAGA, ensuring that its offering is convenient and secure for commuters. Bus.com.ng is essentially a booking site where commuters can pre-book, and compare, bus tickets online or...

  • Webfluential calls for popular web personas and brands after success

    South African startup Webfluential, a platform that aims to connect South Africa's most influential web users, announced recently that it now offers more brands and marketing agencies access to 620 social media influencers who in turn have access to over 6 million South Africans. The concept is simple: online personas with over one thousand followers on YouTube, Twitter, Instagram or what have you, sign up to Webfluential which then connects them with marketing agencies. Agencies, on the other hand, will then theoretically have access to over 10% of South Africans. Mike Sharman, co-founder of Webfluential says, "Our intention was...

  • SA student entrepreneurs invited to Toronto for fellowships, incubation

    Ryerson University in Toronto, Canada announced the creation of fellowships for student entrepreneurs from top South African universities. The initiative aims to help students develop their businesses at one of the university's incubators, including one of Canada's largest digital incubators, Digital Media Zone. After undergoing assessment, eight applicants will be chosen from the University of Witwatersand, University of Johannesburg, Stellenbosch University and University of Venda. These aspiring entrepreneurs will then be provided with transportation, mentorship, accommodation and a three-to-four-month placement at a Ryerson incubator zone in Canada. They will also receive office space, networking and collaboration opportunities with...

  • Anzisha Prize 2014 calls for entries to promote Africa’s young entrepreneurs

    In an effort to uncover and nurture Africa's best young entrepreneurs, entries for the Anzisha Prize for 2014 has opened this week. The competition is part of a bigger picture to group organisations and media brands all over the continent and find, celebrate and support the most innovative social and business entrepreneurs younger than 22. Hosted by the African Leadership Academy and in partnership with The MasterCard Foundation, the Anzisha Prize has been celebrating initiative and innovation for the last three years. Finalists this year will share a total cash prize of US$75,000 and will also join the Anisha...

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