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Startup news

  • Three South African startups chosen for Seedcamp week

    South African web startups, Cognician, GetAGreatBoss and iSigned are packing their bags for London. Seedcamp, the European micro-seed fund that focuses on early stage startups has announced the selection of three South African technology startups to attend ‘Seedcamp Week’ in London from the 13th till the 17th of September. This is great news for South Africa, having secured three of the 23 available places at Seedcamp week, from the more than 600 teams worldwide that have applied over the year. The Seedcamp finalists 2010 include a wide selection of teams from 16 different countries, active in more than 19 cities. The South...

  • Kenyan startup proposes solution to modern-era information overload

    In an age of information abundance, curating meaning is key. Nine months ago that is just what Jon Gosier set out to do as he took over the reins of the SwiftRiver initiative at renown crowd-sourcing activism site, Ushahidi. Recently he announced the Beta release, and unveiled a new website at Swiftly.org. What is SwiftRiver? SwiftRiver Open Beta Announcement. from Ushahidi on Vimeo. “SwiftRiver is an open source intelligence gathering platform for managing realtime...

  • Cred and the art of micropayments

    The topic of micropayments has struck a heated note amongst online paywall experts and content providers. There are many who denounce the system, marking it as a tried-and-failed experiment, while others proclaim it as the future of online transactions. A micropayment can be defined as a financial transaction of a small sum of money, usually in an online context. PayPal defines this sum at US$12.00 or less, in terms of its own micropayment system. For the average end-user, micropayments are extremely useful. For a minor fee, the user can gain access to their desired content, albeit only in bite-sized...

  • 20 Kenyan web and tech innovations worth watching

    Kenya is abuzz right now. The outlook for technology and innovation in Africa has never been brighter, and Kenya is positioning itself strategically in anticipation of a wave of groundbreaking web and mobile emerging market products and services. The resources being put into the Kenyan IT sector currently demonstrate how seriously the country is taking the challenge to become Africa’s Innovation hub. The Kenyan Government, through its ICT Board,  recently closed the window for proposals for its $4-million grant towards local content and software applications using mobile and/or the web. This was a concerted effort by the government to meet its mandate to make...

  • 11 top African tech startups to watch, says Seedcamp

    Seedcamp, a European micro-seed fund that invests in early stage startup companies, has selected 11 South African technology startups to possibly attend the Seedcamp Week programme held in September in London, UK, where they will be in line for a potential €50 000 investment. Seedcamp, in conjunction with the Tech4Africa conference, put out a call for applications for funding and received more than 40 entries from technology startups across South Africa. The selected African entrepreneurs will have a rare opportunity to pitch their businesses at a group of people connected to powerful investors, mentors and startups throughout EMEA, with one...

  • Twangoo brings the power of collective buying to South Africa

    Do you like the idea of saving 25% on a floatation hydrotherapy session? Or what about a R100 saving on a meal at Gourmet Burger. If these deals appeal to you, then you might want to consider joining Twangoo.co.za, a new Cape Town-based startup which is harnessing the power of collective buying to make great deals available in cities around South Africa. Collective buying is one of the hottest trends on the web right now, and it's a timely introduction to the South African market. The concept was pioneered by Groupon, the American powerhouse in this field who offer deals...

  • Smoke and mirrors at new start-up Smokoo.co.za

    A new start-up, Smokoo.co.za, has found a unique way of publicising their upcoming launch in South Africa. They're not telling anyone what they do. Instead, the company has begun marketing themselves with a competition where people have to guess what kind of company Smokoo is going to be. The person who comes closest, wins an iPad. The only clues on their homepage are their logo, an iPad and a clock that's counting down towards the launch date of 1 August 2010. They also have a Twitter account and a Facebook page where you can try and extract some more clues about what...

  • Mocality aims to be ‘largest’ mobile business directory in Africa

    If you’re in downtown Nairobi before the 4th of August, be sure to pop in to the Barber Q Hair Studio and get yourself a free head massage. The studio is on the 2nd Floor of El-Roi Plaza, close to the Odeon Cinema. This is just one example of the thousands of snippets of information that are at the heart of Mocality, a free-to-list, hyper-local mobile business directory in Nairobi, Kenya. Mocality offers a free business suite of tools to all listed businesses, such as the ability to upload customer mobile numbers into the Mocality platform, a free mobile website...

  • AMMO: A fresh approach to mobile banking

    As I write this story, I’m tucking into my free lunch. Yep, that’s right, I said free lunch. Remember when you were told that “there’s no such thing as...”? Well, that’s because I’m eating it. Vida e caffè just gave me a croissant and a cappucino without a penny leaving my pocket and all because I signed up to AMMO Mobile, a trendy new mobile banking application developed locally that has come swaggering onto the mobile banking playing field with the confidence of a seasoned veteran. AMMO Mobile’s funny, hip and user-friendly website keeps you entertained while you register to...

  • Waytag: A startup changing the way we use location services

    A new South African start-up, Waytag, is setting out with the ambitious goal of revolutionising the way we think about and use addresses. Location-based services are clearly a strong feature in most fast-growing web services and applications, such as FourSquare, GoWalla and Twitter. It can however sometimes seem like these types of applications exist in a world of their own, catering to just a small niche of web-savvy people. Waytag may just change all this by improving the usability of physical location addresses from the bottom up. The concept is simple, as most clever concepts are. Take the domain name...