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News

  • Competition for Africa’s ecommerce startups heats up as Christmas nears

    Christmas is right around the corner and Africa's ecommerce stores aren't letting this opportunity slide without getting their fingers in the pie. The popularity of online shopping continues to grow in emerging markets (more specifically, West Africa) and startups such as Konga and Jumia are indicative of this. Both companies have won prestigious awards recently as they gear up for Africa's end of the year shopping spree. Claiming to be Africa's largest online mall, the Nigerian ecommerce startup Kongo has been active since June 2012 and has since opened up a massive 120,000 square feet ecommerce warehouse and is...

  • Dealfinder launches to help SA retailers market their products online

    As customers, we all love finding out what's cheap when and where. Publishing company The Caxton and CTP Group today announced the launch of Dealfinder -- a new site that enables you to browse for shopping deals online by area, retailer, category or by brand name. The company notes that in South Africa, online retail sales only represents around 1-2% of total retail sales but online browsing and researching activity is still massive, which plays a big role in offline purchases. For retailers, Dealfinder is meant to be a powerful tool to establish what consumers want. Marc du Plessis, GM...

  • Samsung Solar Powered Health Centre goes on the road

    Tomorrow is World Diabetes Day and Samsung Electronics Africa’s new Solar Powered Health Centre has taken its services to the road. Part of the company's corporate social responsibility, the initiative involves providing free diabetes testing and counselling and ultimately took shape at the recent Mokopane community wellness day in Limpopo. Samsung Solar Powered Health Centre consists of mobile units kitted with medical equipment and, of course, staffed by medical doctors. Samsung has designed these mobile units for use in rural and under-serviced areas with the ultimate aim being eliminating the economic and geographic barriers that prevent people across Africa...

  • MEDO opens DTI’s first youth entrepreneur incubator

    Part of its pledge to support SMEs, it was announced today that MEDO ICT Incubator would be the first youth incubator in the DTI (Department of Trade and Industry) Incubator Support Programme. The South African entrepreneurial development organisation MEDO will manage and facilitate this centre, as well as provide support and training for participating entrepreneurs. The Department of Trade and Industry launched the Incubator Support Programme (ISP) in 2012 in a move to provide support and grow sustainable entrepreneurial businesses in various industry sectors in South Africa. From today, however, MEDO will take charge of this centre. The incubator is...

  • TechWomen to inspire Africa’s next wave of savvy entrepreneurial ladies

    By providing a group of skilled women from Africa and the Middle East access and opportunity to advance their careers, pursue their dreams, and become role models the TechWomen 2013 exchange programme has recently come to an end with the hope to inspire the next generation in Africa and the Middle East. TechWomen is an initiative of the US Department of State, administered by the Institute of International Education. As part of an extensive exchange programme, the initiative takes professional women in science, technology, engineering, and mathematics fields from the Middle East and Africa to Silicon Valley for month-long...

  • Caxton and Habari in talks, possibly around acquisition

    Ventureburn has learned that South African publishing giant Caxton is in talks with digital sales house Habari, possibly surrounding an acquisition. While Caxton is probably best known for the range of magazines and community newspapers it publishes, it is also one of the country's largest commercial printers and has been in serious acquisition mode of late. Last year, it acquired a majority stake in South African business and financial news site Moneyweb, previously having held a 34% stake in the company. Earlier this week meanwhile it completed a deal which gives it full ownership of RamsayMedia -- the publisher...

  • Financial startup CompareHero to aid ‘underserved’ Malaysian market

    CompareHero recently launched in Malaysia with the hope of becoming go-to financial comparison site. While the need for financial aid services seems to be growing rapidly in Southeast Asia, company competition is likely to heat up as well. CompareHero's website focuses on making financial decision-making easier for users to make better informed choices on credit cards, loans, insurance policies as well as mobile and internet plans. The service requires users to register for free which in turn creates personal profiles that gives them a customised market overview. CompareHero launched back in July 2013 and boasts a user base growing by...

  • Intel making textbooks more accessible to SA students with new app

    Education is all the rage in Africa right now, so it makes sense that a big tech company like Intel would get into the space. Today the company announced has Intel Explore and Learn Marketplace, a new education solution that provides access to a vast repository of free and low-cost digital text books and interactive learning resources. This move is quite important for South Africa, as the country has been plagued with lack of access to text books for students. Intel's solution is designed for every kind of student, no matter what their age or background. It provides interactive learning...

  • Less mob, more design niche: Citymob re-launches as ‘Superbalist’

    Citymob recently re-launched or, in company words, underwent a "natural evolution with a bit of revolution" and now goes by the name Superbalist. The site went live 4 November with a cleaner feel (hence the logo) and a greater focus on its permanent offerings as well as international brand distribution. "We've cleaned things up. Decluttered, upgraded to a more sophisticated look and made it a little simpler. We've changed our whole set-up to tailor it more to the individual with an easy-to-navigate layout," the site reads. Furthermore, the company scaled-up from a .co.za to a .com domain and is...

  • Microsoft’s COO launches ‘game changing hub’ for SMEs in Africa

    If you are a startup, well good news for you because Microsoft has unveiled what it is calling a "game-changer" for small businesses in South Africa. Meet Biz4Afrika, an online hub that will give South African small and mid-sized enterprises (SMEs) access to a range of free products and services from Microsoft and other partners. The company has made some aggressive pushes into Africa in the last year, first with its 4Afrika initiative, then its technology centre as well as its partnership programmes for around 600 tech startups around South Africa. The hub is specifically designed to aggregate all the...