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  • Top startup events in South Africa, Africa you should know about this week [12/02/2018]

    Looking to get into the South African startup scene or brush up on some of your skills? Well, you’ve come to the right place. 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 next week’s, please let us know in the comments below or send us an email. Not all of the events are free and some will require booking in advance. Please click on the event names to find out...

  • Company Office

    Nomanini scales West African footprint with Transaction Solutions partnership

    South African-based portable Point of Sale (PoS) service provider Nomanini has announced it has signed an exclusive agreement with Transactions Solutions Ghana Limited (GSE: TRANSOL) to substantially scale numbers of its cloud-based PoS terminals in Ghana. The partnership with TranSol signals Nomanini’s first scaled project commitment in West Africa, with the first batch of 100 pilot terminals having been deployed in January 2015, proving an instant hit with vendors. A second, larger shipment is due to arrive next month. Nomanini already has partnerships in Kenya, Namibia, Zambia and Mozambique, with active terminals processing over five million transactions in those regions, including...

  • Silicon Cape: Ellen Fischat and Alexandra Fraser resign

    Ellen Fischat has stepped down as managing director of Silicon Cape, while another long standing member of the organisation's leadership team, director and board member Alexandra Fraser has also resigned. Fraser said the two resignations are unrelated. In a phone call earlier today, Fischat (pictured above) confirmed that she had resigned from the organisation on Monday (5 February). She said she had taken the decision to pursue "a few other opportunities" and that she would be staying in the local tech innovation space. Fischat joined the organisation in May last year, becoming Silicon Cape's first permanent managing director. Read more: New Silicon Cape head pledges to make sector’s...

  • Wealth Migrate set to launch public sale of WealthE coin on 14 March

    Global real estate platform Wealth Migrate is set to launch the public sale of its WealthE coin on 14 March. The South African company launched a token presale of WealthE in December 2017. Read more: Wealth Migrate launches pretoken sale to ‘democratise investing’ "We are in the process of finalising our presale in order to ensure that we have all the safety precautions in place in terms of security for contributors and plan to launch the public sale portion of the token sale on March 14th," Wealth Migrate CEO Scott Picken told Ventureburn in an email. "As you have published before, ensuring that...

  • Endeavor continues expansion in Sub-Saharan Africa as it launches in Nigeria

    Endeavor, a non-profit organisation that supports high-impact entrepreneurs around the world, has launched a new office in Lagos, Nigeria. The organisation announced the launch on Wednesday (7 February) in a statement on its website. Through a partnership with non-profit Omidyar Network, Endeavor Nigeria will aim to support entrepreneurs that have passed the initial startup phase and have potential to scale. The board of Endeavor's Nigeria office includes IBTC Bank founder Atedo Peterside (who will serve as chairman), and Chapel Hill Denham CEO and Nigeria Infrastructure Development Fund CIO Bolaji Balogun (who will be the office's vice-chairman). Eloho Omame will lead Endeavor Nigeria as...

  • Startupbootcamp to kick off global FastTrack World Tour in Cape Town

    Innovation accelerator Startupbootcamp Cape Town will kick off the 2018 Startupbootcamp (SBC) FastTrack World Tour in Cape Town on 19 February and has opened applications to join the event. The global accelerator conducts the annual tours as a way to scout for top-tier startups from around the world. During the informal events, SBC teams, mentors and sponsors meet early-stage companies interested in joining the accelerator's 2018 programme. The FastTrack world tour, comprised of 19 FastTracks, will be held between February and May. Startups that attend a FastTrack World Tour event have a 20% likelihood of getting invited to the final selection day The Cape Town...

  • Sanofi In Africa Challenges: Global pharma calls for African health solutions

    Global pharmaceutical company Sanofi is calling on African innovators within the medical and healthcare sectors to enter the Sanofi In Africa Challenges. The Sanofi in Africa Challenges -- of which there are three -- aim to identify, reward and support startups with innovative and adaptive solutions with the potential to disrupt Africa's health sector. The first focuses on solutions that can diagnose non-communicable diseases. The second challenge focuses on telemedicine solutions with mobile payment integration. While the third centers around multi-device and multi-channel solutions that can both educate and inform health professionals on non-communicable diseases. Applications to the Sanofi in Africa Challenges close on 15...

  • Blockchain surveillance startup Faceter claims to raise $10m in 20 seconds

    In what could be South Africa's fastest and most successful token presale, Johannesburg-based blockchain surveillance startup Faceter claims it raised over US$10-million in 20 seconds during a sale held on Monday. Speaking in a video posted on the company's Twitter account yesterday, Faceter CEO and co-founder Robert Pothier announced the outcome of the presale and added that he "believed in the project being spread around the world". The token presale was conducted on a whitelist basis, after a process that saw over 8 000 applicants from 152 countries apply to take part in the presale, the company claimed. Faceter develops smart video surveillance solutions with...

  • Here’s how 2 Kenyan startups raised a combined $3.2m in funding this week

    Update : Sky.Garden CEO and co-founder Daniel Maison told Ventureburn that the company intends to start its regional expansion by launching into Kampala, Uganda by next year. Maison said the company will use the capital it secured to develop its platform through enhanced artificial intelligence engines, integration with AdTech platforms as well as to scale Sky.Garden's sales and marketing efforts. Prior to the funding round, Sky.Garden received $100 000 in startup capital from Oslo-based The Katapult Accelerator. In the six month's since it launched, the startup has had over 10 000 orders placed on the platform. Maison said the company currently has over...

  • I’M IN Accelerator aiming for an all-women cohort before the end of the year

    I'M IN Accelerator has revealed that it intends to run an all-women cohort this year. The Johannesburg-based accelerator, launched last year by IDF Capital and aimed at high-growth black tech startups, is currently in the middle of its inaugural cohort, which is set to conclude the first phase of acceleration later this month. IDF Capital executive director Polo Leteka said yesterday that the all-female cohort is "the programme's biggest plan for 2018". "In our experience we have not seen a lot of females playing in this space because of the lack of targeted programmes to empower and grow them, amongst other reasons. We have...

  • Team behind water saving solution wins special prize at blockchain hackathon

    SudoTesla has been announced as one of the winners at the Unlock the Block blockchain Hackathon at an awards ceremony in Cape Town last week Thursday (1 February). The team developed a system which transfers water tokens via the Ethereum network to smart meters, compensating users for water they save. SudoTesla won a month-long residency at the Absa Rise facility at the Woodstock Exchange, where it is expected to further develop the project. The hackathon, which was hosted by Linum Labs and the African Institute of Financial Markets and Risk Management (AIFMRM), last week culminated in a Blockchain Symposium which was attended by...

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