Africa, Ecommerce, News

Popular deals app Vouchercloud touches down in SA amidst ecommerce boom

Vouchercloud Telecom giant Vodacom announced the launch of Vouchercloud in South Africa recently -- the popular UK app that allows you to locate a variety of geo-located deals and vouchers. This recent move demonstrates the growing interest in Africa's developing ecommerce industry. The app uses your smartphone's GPS to pinpoint your location while it searches for all relevant discounting retailers in the area, displays the deals and then guides the customer to the shop's front door using the smartphone's digital ...

Africa, Startup news

Nigerian mobile security startup secures up to $10m in funding round

i.Sec.ng Nigerian financial security app, i.Sec, has closed a US$10-million funding round with local private equity firm Synergy Capital, according to the company website. "...Synergy Capital, a Lagos, Nigeria financial advisory firm, and i.Sec are pleased to announce that they have entered into an Investment Agreement of up to US$10 million." The startup has been operating in stealth mode for a while now, but is ready for its public launch in May. The actual terms of the deal is quite hush-hush and we ...

Africa, Entrepreneurship, Startups

17 of our favourite tech startups recognised by Cape Town #WDC2014

WDC2014 Follow the #WDC2014 hashtag, or if you're not technically inclined, just look out for the massive yellow circles dotted all over South Africa's Mother City and you'll notice the exciting initiatives supported by the Cape Town World Capital of Design 2014 vision. In an attempt to promote design, culture and innovation, the City of Cape Town has recognised hundreds of outstanding projects, startups and events in and around the city. Living up to this year's prestigious World Capital of Design award, ...

Emerging Markets, Startup news, Venture capital

Azimo closes $10m Series A fundraising deal to fuel emerging market expansion

azimo logo Azimo, the clever UK-based FinTech startup that enables international money transfers through novel ways, has closed a US$10-million Series A funding round led by Greycroft Partners. Accion’s Frontier Investments Group, e.ventures, TA Ventures, RI Digital Ventures and KRW Schindler Investments also took part in the round. The startup will use the money to accelerate its European expansion and target other key markets in North America and Asia. Emerging regions, which host an estimated two and a half billion unbanked consumers, are ...

Africa, Startups

Obami launches mobile education initiative, puts tutors in your pocket

Obami South African social learning platform Obami has recently announced the launch of its new mobile tutoring service, Obami Tutor. The initiative aims to help connect learners to qualified mentors using their mobile phones. The company believes that private tutoring can help solve South Africa's education system, which is ranked among the worst in the world. Traditional tutoring can help but it's incredibly expensive and can become a logistical chore -- this is where Obami's cheaper mobile option comes in handy. A group of ...

Entrepreneurship, Startups

What SA’s new employment tax means for your startup

Taxes Around 50% of South Africans under 25 years old and of working age are unemployed. This situation, which has persisted for many years, has dire implications for the country’s future unless it is reversed. Numerous international studies show that school leavers who do not find jobs within a couple of years become virtually unemployable and contribute to social instability. This reality has prompted Government to put a Youth Subsidy in place to alleviate the problem, after years of debate and ...

Africa

In startups we trust: Africa and its ‘silent’ rise to stardom

africa growth It's starting to get redundant to say tech is big in Africa. Of course tech is big in Africa. Tech is big everywhere - it's our favourite toy right now. A few weeks ago, I was hanging around Social Media Week in Lagos, Nigeria and what really stood out for me is not that tech is big, but that Africa's tech explosion is facing some challenges. The questions people are starting to ask aren't around the number of apps the continent's ...

Africa, News

Big data, pet food and dating: these are 88mph’s 7 chosen SA startups

88mph From a pet food delivery service to an innovative social mingling site and business analytics, African startup accelerator and fund programme 88mph has recently announced the seven South African startups taking part in this year's programme. Out of a massive 300 applicants, the accelerator finally narrowed the list down to include diarize.me, Catch, Pet Heaven, Ekaya, Graphflow, Byte Money and 8Bit. Most of these startups are mobile and web oriented and will receive investment, access to business networks, technical infrastructure, workspace and mentoring, ...

Entrepreneurship, Innovation

Living in the future: why imagination is our most important resource

Imagination A sophisticated pill bottle that harnesses the internet of things by glowing when medication is required, failing which an audible alarm is activated, before finally sending a text message to a designated person to ensure that chronic medication is never missed; A unit to process sewerage in a way that harvests methane, water, biomass and nutrition for growing food; A shopping cart that automatically calculates the cost of items through sensors as goods are placed in the cart; Public sleep ...

Africa

NGOs launch new tool to map water and sanitation in Kenya’s largest slum

Kibera WikiMedia Commons With an estimated 1.2-million residents, Kibera is Africa’s second largest and one of the biggest slums in the world with some of the poorest living conditions. It’s degrading and dehumanising to live there, amidst abject poverty, drugs and periodic violence and contagious diseases. The worst problem, however, is access to water and sanitation facilities. A new partnership between US’s Kounkuey Design Initiative (KDI) and Nairobi-based Spatial Collective and Nairobi City Water and Sewerage Company is developing an online map to help ...

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