Emerging Markets, General Tech

Display tech: can Africa compete with the East? ‘Yes it can’ says PVision

pvision African hardware startups are in the minority. Instead, as capital barriers are low, the continent is seeing a boom in online ventures. That doesn't mean however, that hardware manufacturing success is exclusive to the East. Since 2003, PVision, a South African manufacturer of LED and LCD displays, has been rolling out locally manufactured products which include commercial displays, lite commercial displays, nano displays, touchscreen technology, mounting solutions and back-end architecture. PVision CEO, David Ross, sees South Africa's increasing engagement in the ...

Infographic, Mxit

One year of Mxit open APIs [Infographic]

Mxit logo It's the birthday of Mxit's open APIs and the launch of its mobi portal. To celebrate the last year we're not having cake, but rather showcasing a lovely infographic on the South African social network's developer (dev) and app growth. Since the mobi portal launched in April 2012, 126 active developers have launched 219 apps onto the platform, showing steady progress. Highlighting the infographic's stats, the 2012 to 2013 growth saw between five to 35 apps published each month, taking the total ...

China, Emerging Markets

China’s growth is not in decline: here’s why

China flag In 2010 China was the place of choice for foreign investment in the tech sector. Fast forward to today and it's an IPO ghost town, with less money and deals than a mid-level casino. At the heart of this "decline" in foreign interest are a number of factors. The Next Web states that political unrest, audit checks and internet censorship are but a few reasons for investor hesitation while Bloomberg pips rising employee and land costs as lowering China's "attractiveness as ...

News

African Utility Week hackathon — make a difference to Africa’s electricity woes

african_utility_week Electricity shortages is the single biggest challenge African entrepreneurs face. That's according to the Omidyar Network's sublimely comprehensive Accelerating Entrepreneurship in Africa report. What Africa has no shortage of however, is creative thinkers, and that's why the 13th annual Africa Utility Week is organising a 48-hour utility hackathon to uncover innovative solutions for Africa's power, water and sanitation problems. The hackathon is being held at the Cape Town International Convention Center (CTICC), and runs from Tuesday 14 May to Wednesday 15 ...

Venture capital

The Star launches $6.59M fund to invest in Malaysian startups

the_star_accelerator_fund Star Publications, a media company in Malaysia which also runs Star Publications, has just launched a MYD 20 million (US$6.59 million) fund to invest in Malaysian startups. The fund, called The Star Accelerator Fund is offered in two forms: pre-seed fund and the seed fund. The pre-seed fund provides each applicant with up to MYR 300,000 (US$98,800) while the seed fund offers support of up to MYR 1 million (US$329,000) per applicant. The decision on which fund to apply for ...

Africa, Entrepreneurship, Featured

Omidyar Network releases African entrepreneurship report, it’s a must read

omidyar_accelerating_entrepreneurship_in_africa_front_page We have the pleasure of presenting the Accelerating Entrepreneurship in Africa report compiled by the Omidyar Network, the philanthropic foundation established by Pierre Omidyar -- the founder of eBay -- in partnership with global strategy consulting film, Monitor Group. This epic 48-page report is the result of a three-phase research project launched in 2012 aimed to better understand the state of entrepreneurship in Africa. The project started with a survey of 582 entrepreneurs across six Sub-Saharan African countries: Ethiopia, Ghana, Kenya, ...

Startup news

World’s largest startup accelerator testing programme launch in Cape Town

founder_institute_south_africa_cape_town Having set up shop in Johannesburg earlier this year, the Founder Institute is now looking to expand to Cape Town. The Founder Institute is an early-stage startup accelerator and global launch network with a part-time four month programme. The idea is that entrepreneurs can launch their dream company with training, feedback, and support from experienced startup CEOs, while not being required to quit their day job. The Founder Institute touts its "Graduate Liquidity Pool" which ropes in graduates and mentors ...

Startup news

GoMetro’s first 6 months: 600 000 users, KZN, Eastern Cape rollout next

go_metro_first_six_months_infographic When we first wrote about mobi.lity, the traveller information startup from Cape Town, it had already won a pitch to Western Cape transport agency, Metrorail for its prototype mobile transit app. A short while later, Metrorail officially adopted the service and rebranded it as GoMetro. Since then, GoMetro has seen impressive adoption, and it has become an indispensable utility for over 600 000 railway commuters in South Africa. Through a partnership with iROKO Partners, the world’s largest online distributor of African ...

Competition

UJ students to represent SA in Microsoft’s Imagine Cup competition

Analysing social media chatter is getting more important than ever and for brands it's one of the key ways of measuring sentiment. A group of young developers from the University of Johannesburg think they have come up with an "innovative tool" that will allow businesses to not only monitor chatter on social platforms but also gain a better understand the data. The young entrepreneurs behind the product, SentiMeter, are finalists in Microsoft's Imagine Cup, a global technology competition in Russia later ...

Startups

Battle scarred and wiser: SnapBill’s fight for cloud-billing dominance

snapbill When we last checked in on SnapBill, the cloud-based Swiss Army knife of recurring billing systems, it was yet to execute on its international ambitions. Today, SnapBill supports 34 currencies and claims the type of flexibility that allows it to handle just about any tax configuration. SnapBill endeavours to be a complete billing solution. Its users can bill their clients as well as add recurring products and services to their clients' accounts to automate the entire invoicing and payment collection process. A ...

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