Africa, News

Report paints bleak picture for sub-Saharan Africa’s startup scene

gei Where's the best place to launch a startup company? Not Sub-Saharan Africa, by the looks of things. A new in-depth study by the Global Entrepreneurship Development Institute found that the region is home to the most difficult environments to launch a startup. In an attempt to highlight obstacles and opportunities, The Global Entrepreneurship Index (GEI) 2015 has revealed that Sub-Saharan Africa is the poorest performer in terms of entrepreneurship. While South Africa has the leading regional score -- with a relatively good ...

Emerging Markets

Looking beyond garments: The future is bright for Bangladeshi tech startups

Bangladesh We've been touring emerging markets for more than a year now, and are quite excited to visit Bangladesh soon -- a country better known for its garment industry, but one which has also more recently become home to a fast-growing startup scene that's bubbling with anticipation and change. To give you a bit of a context, you're in a part of the world where the population is big. Bangladesh is home to 160-million people (a number that's expected to rise to ...

Emerging Markets, Startup news

Zomato closes $60m round of funding for its appetite to take over the world

Zomato Logo Zomato's restaurant discovery train is showing no signs of slowing down. The startup, which hails from India, has just announced that it's raised a fresh round of funding worth USD$60-million, which puts its valuation at USD$660-million high. Even though the company's recent round of funding -- lead by India's Info Edge, Vy Capital and Sequoia Capital -- means more business in more countries, Zomato already operates in 18 countries including India, South Africa, New Zealand, the United Arab Emirates, UK, the Philippines, ...

Mobile, News

SA-born devs launch photo-sharing app to help country’s healthcare sector

Figure 1 medical app Following the launch of medical photo-sharing app Figure 1 in North America, the UK, Ireland, Australia and New Zealand, former South Africans are bringing their answer to the country's ailing healthcare sector. The free photo-sharing platform enables its 150 000 users in the world to connect, discuss and share content. The company notes that its images are viewed more than 1 million times a day. The team notes that they are happy to finally launch the app in its seventh market as ...

Innovation

Tunisian energy startup Saphon Energy lands strategic alliance with Microsoft

Saphon Energy Tunisian energy renewable energy startup Saphon Energy today signed a strategic alliance with Microsoft, which will see it receive financial resources, technology support and large scale visibility from the Redmond-based technology giant. Saphon specialises in the research and development of wind energy and is responsible for creating a breakthrough and patented wind convertor, known as the Saphonian. This bladeless convertor is the first of its kind in Africa, and converts wind energy into green electricity, pumps water and helps spread ...

Entrepreneurship

Dragons’ Den SA episode 9: diesel, nerves and rental apps

Dragons Den SA 9 We're now starting to get towards the tail-end of the first season of Dragons' Den SA. The episodes broadcast so far have shown that there are plenty of people with an incredibly broad scope of entrepreneurial ideas. The ninth episode of the season only underscored that, with ideas ranging from a method for making diesel engines more efficient, to home automation systems and an app that'll be familiar to regular Ventureburn readers. Here's how it played out. Designing diesel Opening ...

Africa, Entrepreneurship, News

Entrepreneur Expo provides unique insight into SA’s exciting startup scene

Entrepreneur Expo This week the fifth annual Entrepreneur Expo is kicking-off in Cape Town, South Africa, with the aim of bringing together entrepreneurs, thinkers and tinkerers from all over the Mother City and the rest of the country. The Expo is meant to be a platform for those that support Cape Town’s entrepreneurs through products and services to showcase their offerings and engage directly with existing and future entrepreneurs. Some prolific figures hailing from financial institutions, mentorship programmes as well as government agencies will ...

Startups

Meet the WooCommerce plug-in improving the way thousands of people shop online

Graphflow logo black Last year we wrote about how South African-based company WooThemes and its popular online retail theme WooCommerce were making waves in the online world. At the time, we termed it a true WordPress child revolutionising ecommerce the world over. Since then, WooCommerce has grown up – quite a lot actually. In fact, these days it is helping give other businesses a leg up. Started by Robert Elliott and Nick Pentreath, Cape Town-based company Graphflow is a big data and predictive analytics startup that ...

Ecommerce

Selling online? Use this 10-point checklist to protect yourself from credit card fraud

Hacker Selling goods and services online can be an excellent way to build a business, says Brendon Williamson of PayGate -- but online retailers must get the security basics right to avoid being taken for a ride by fraudsters using stolen credit cards and fake identities. There’s a thriving global market in stolen credit card numbers, and fraudsters know exactly how to use them to make a quick, low-risk profit. Fortunately, there are some relatively simple precautions that online retailers can take ...

Entrepreneurship

Startup Picnic initiative to celebrate GEW with beers and a braai in SA

Picnic What better way to network than having a South African picnic? In celebration of Global Entrepreneurship Week (GEW) taking place in the week of 17 November, Tiisetso Maloma in association with The Hope Factory, ACM Gold, WEY (Woman Emancipate Yourself) and eKasi Entrepreneurs, are hosting Startup Picnic -- a networking event for entrepreneurs in South Africa. The initiative looks to connect entrepreneurs, angel investors, VCs and incubators across difference backgrounds by having a braai, drinks, delicious food and exhibitions. GEW aims to inspire ...

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