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  • High-impact investing portal Malaik calling for startup applications

    Global portal for high-impact investing, Malaik, is calling for startup applications. The portal offers opportunities for global equity investment in African startups. "Africa is brimming with entrepreneurs with growing high-impact businesses that could not only positively impact Africa, but the world," says founder and CEO of Malaik, Neku Atawodi. The programme is open to startups with high-impact, innovative, original, and diverse ideas ready for investment. Investors will gain access to potential startups, as well as mitigating investment risk with a four-step due diligence process. They are also able to track investment metrics. "Our unique impact tracker means that investors can track their investments' impact on...

  • Company Office

    Beyond Innovation – it’s Innovation velocity that really matters…

    '5 Ways to Drive Innovation'…'The World's Most Innovative Leaders'….'The Latest Innovations in Fintech'…sound familiar? In mainstream media, and in the corporate lexicon, the word innovation has become ubiquitous – particularly when discussing entrepreneurship, technology, leadership, and how all three combine. As a result, it has all but lost its meaning. Among startups, for example, product differentiators are often peddled as 'innovations' – when in fact they are simply, product differentiators. Journalists often trumpet the release of a high profile company's latest 'innovation', when in fact it is simply the release of a new product (and should be reported as such!). Why is...

  • Mining hackathon reveals SA gems

    The Unearthed global innovation programme last week hosted over a hundred Cape Town entrepreneurs and innovators to develop prototype solutions for some of the world's largest resource companies. What first started out in Perth, Australia, the Unearthed hackathon events are unique 54-hour long activities focused on the resources sector. A total of 17 teams were formed to solve one of the different problems faced by companies like De Beers and Anglo American. Some of these challenges included real-time particle analysis, using sound to detect the end of a mine and predicting what the future of mining looks like. Read more: These are...

  • 5 ways to make money for your startup

    Even if you have invented a unique product or plan to provide a service nobody else has thought of, ideas alone aren’t enough to fund a startup. At the end of the day, you will still need some ready cash to develop a business plan, research the market, produce prototypes, and promote your creation to potential customers. So, in order to get off the ground, the best plan of action is to explore some sure-fire ways of raising capital. With this in mind, here are five suggestions on how to make money for a brand new enterprise. Financial...

  • Top startup events in South Africa, Africa you should know about this week [08/02/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • French insurance giant buys into African ecommerce in $83m deal

    French insurance giant AXA has bought an eight percent stake in Africa Internet Group (AIG), one of the continent's largest ecommerce players. The deal is valued at €75-million (over US$83-million). According to Forbes, AXA will become the exclusive insurance provider for AIG, which includes the Nigerian-based Jumia and other ecommerce operations in Africa. Other AIG services include Kaymu, a leading online shopping community, as well as marketplaces in food delivery, travel, real estate, jobs and cars. Read more: Kenyan Hellofood users can now order KFC, Ocean Basket online “Internet is creating unparalleled opportunities for consumers and businesses in Africa to connect and do...

  • On-demand laundry service hits Joburg

    Don't have enough time to organise your laundry? Well, for those living in Johannesburg, Just Laundry is here to make your life easier. Similar to the likes of Washr in Cape Town, Just Laundry lets you place an order for someone to pick up your laundry. It's like Uber for laundry. Read more: Washr collects your dirty clothes, brings you clean ones “We simply enable a Johannesburg resident to have their laundry cleaned while they relax. Our dedicated team will rock up at your door, clean and have your laundry delivered in just 24 hours or less,” says founder William Thubakgale,...

  • 6 things to do before selling your startup

    Selling your business is a big step and one many business owners consider from time to time. Cashing in on the labours of your hard work and getting a cash pay-out can allow you to retire, start a new business or just to make money. Understanding how best to go about the process is important and these tips should help: 1. Begin planning as soon as possible You can never start the planning process for selling your business too early. Not only do you need to develop a solid understanding of how the process of transferring your business to another party works,...

  • 23 tips to guide you through your next VC deal [Infographic]

    Raising capital is often seen as one of the biggest challenges startups have growing up. And rightfully so, getting your hands on runway capital is tricky business, though it doesn't have to be. Y Combinator founder Paul Graham once jotted down the top characteristics of venture capitalists, coining it the Hackers Guide to Investors. Although Graham's pointers are nearly a decade old, he does make a few good ones you can take learn from. For instance, he explains that while money is important, it's not as important as the expertise that comes with it. "What separates the great investors from the...

  • SA Entrepreneurs: you now have your own loyalty rewards programme

    The financial institution aimed exclusively at entrepreneurs Mercantile Bank, on Friday announced that it had entered into an agreement with wiGroup to develop a loyalty and rewards programme for its clients. The app-based reward programme will reportedly enable entrepreneurs to earn and redeem points at till points of most major retailers using QR code technology. "As a bank that works closely with entrepreneurs, we had numerous discussions with our clients to understand what they wanted from a rewards programme," says the bank's head Tom Stilwell. "Two things came out strongly. Rewards must be easy to redeem – many clients complained that...

  • You can now buy stuff on RunwaySale using an RCS card

    This week RunwaySale announced a partnership with RCS, which means that its customers can buy goods from the online store using cards from the consumer finance group. Although RCS cards can be used at some 20 000 retail locations around the country, means that RCS cardholders will be able to buy online for the first time. "A while ago we identified that online retail was a fast growing market segment. We understood that this convenient form of shopping was on a sharp incline and presented a great business opportunity," says Regan Adams, COO of RCS. "So we developed...