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Startup news

  • 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...

  • Jamiix: The Cape Flats startup that’s going global

    Jamiix, a brand new social-media aggregator that was developed on Cape Town’s notoriously under-resourced and impoverished Cape Flats is launching internationally with grand ambitions to become an integral part of the Web 2.0 landscape. The web and mobile-based tool is described as a “distribution and aggregation technology to engage with clients who are in need of support services”. It grew organically out of a desire for affordable communications in the area of social services, which is a chronic need on the Cape Flats. Developed over two years, it takes its name from “Jamii”, the Swahili word for social or community and...

  • New player enters SA online recruitment market

    A new South African online-recruitment portal, "developed out of frustration with existing recruitment methods", claims to have developed creative solutions for the difficult task of match-making between employers and employees. Sebenzi.co.za attempts to shake up the existing model, where the power is placed firmly in the hands of the recruitment agencies which have access to a database of CVs, and who frequently share the personal details of recruits without their knowledge or consent. The new players have set out on a mission to redress this imbalance, and after two years of research and development, the site was launched with...

  • BetTech secures multi-million rand seed funding

    Software development startup BetTech Gaming has announced that it has secured a multi-million rand seed funding packet from South African venture capital firm, 4Di Capital. Founded in 2009, BetTech develops gaming software, the first of which is their sports book package which will be licensed through bet.co.za’s web and mobile interfaces. When asked what persuaded 4Di to invest in BetTech, 4Di Director Justin Stanford cited the "marriage of a great idea with a capable...

  • New SA crowd-source fund hits R1-million

    Crowdfund is the South African tech industry’s latest step toward fostering a culture of angel investment for online start ups in South Africa, and it’s taken off at rocket pace. After launching in March of this year, the fund has banded together 229 investors to raise a total of R1-million in capital for budding online start ups. After less than thirty days since its inception, Crowdfund is already primed to spark new entrepreneurial life in South Africa. The investors enthusiasm about Crowdfund  illustrates a wide-spread recognition that South Africa has the potential to become major player in the global tech industry if...