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  • Akiba wins Seedstars World Kampala, off to finals

    Innovative finance firm Akiba has emerged victorious at Seedstars World Kampala, taking the golden ticket to the final in Switzerland. The Kampala event, which took place at the Outbox Hub, saw 11 startups competing. Akiba won judges over with their attempt to make finance a lot simpler by giving users a practical and transparent management service. "We started this company because my mom was having difficulties trying to make a difference in her community. We are very happy to see that this has transformed into a business," said Akiba representative Ivan Mworozi in a press release to Ventureburn. Akiba will be one of the 65 countries...

  • Company Office

    Barclays accelerator announces latest participants in African programme

    Barclays Africa Group and Techstars today released the names of 10 financial-technology (fintech) companies selected to participate in the second Barclays Accelerator programme, powered by Techstars. The successful companies, all focused on providing fintech solutions in Africa, will participate in a 13-week growth acceleration programme at Barclays Africa’s Rise fintech innovation hub in Cape Town from mid-May. The 2017 programme participants are: Flexpay (Kenya), Howler (South Africa), Spatialedge (South Africa), Abe.ai (USA), The Sun Exchange (South Africa), Byte Money (South Africa), Avenews-GT (Israel), FOMO Travel (South Africa), Kapitalwise (USA) and eCOIDA (South Africa). Yasaman Hadjibashi, chief creation officer at Barclays Africa Group, said:...

  • Entrepreneurs: what advice would you give yourself 10 years ago?

    We are generally very quick to give advice to others, but don't always follow this advice ourselves. In a recent post, Brad Feld warned against the dangers of short-term entrepreneurial thinking and explained why he is looking forward to 2025. Fast Company shared 6 things you're doing that you'll seriously regret in 10 years. So what advice would you give your younger self if you could go 10 years back in time? Personally, I would go tell myself: "It is great to have a sense of urgency to act, but the to wait a bit should also be...

  • Top startup events in South Africa, Africa you should know about this week [03/10/2016]

    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...

  • 6 ways you are neglecting revenue as your bottom line

    Starting a business will pull you in dozens of directions at once. Exterior forces will demand your attention' from the employees you have working under you to the partners, investors, and mentors who pressure you to make certain decisions. To make matters worse, most entrepreneurs have “shiny object syndrome,” jumping from new idea to new idea while occasionally neglecting work on some of the most important fundamentals. There's a serious chance you're jeopardising the future of your company if you're neglecting revenue as your bottom line. Fortunately, this is your chance to correct your habits. Why revenue is so important It should...

  • The 10 books that inspired me to build a unicorn company

    I admit it. I’m an online ‘snack’ addict. After all, with the digital era has come an endless selection of cheap, easy and addictive pieces of online content for us to readily consume: tantalising Buzzfeed-y headlines, irresistible top-10 lists (like this one), teaser photos of your friend’s latest vacation album on Facebook, etc. When it comes to content, snacking is fun, but it shouldn’t replace full meals. We need to remember to consume long, nourishing content from time to time. Numerous studies have proven that reading can improve brain function; some have even suggested they can make you a better person....

  • Budding entrepreneur? eLearnAfrica might be for you

    Starting your own business with zero experience or knowledge can be difficult. Fortunately, online education platform eLearnAfrica has announced its new marketplace for online education, which includes several SME-related courses. The SME courses offered through eLearnAfrica, range from customer service skills from itSM Mentor or a course on starting your business through the University of Leeds. Students across Africa can enrol in these online courses to obtain degrees as well as professional certifications in their pursuit of more SME knowledge. eLearnAfrica aren't doing it by themselves, however, together with edX and FutureLearn, are providing a wide range of other courses to a predominantly African audience. The non-profit...

  • PayGate receives R100-million in funding, merges with DPO

    South African payment facilitator, PayGate has received R100-million in investment from Direct Pay Online (DPO) Group. The investment sees PayGate merging under DPO. The merger will allow both companies to further spread across Africa. According to the managing director of PayGate, Peter Harvey, nothing in the company will be affected by the merger. There will be no change in SA staff or management. "What happens to PayGate? Nothing bad; everything good. There is no change to the management. There is no change to the staff, in fact, the team will grow," he says. Harvey will become the CEO of DPO in SA and join...

  • Gartner: 2016’s ‘Aspiring Innovators’ startups revealed

    Last year saw the Gartner Symposium host the first talk for the Aspiring Innovators programme, highlighting some noteworthy African startups in the industry. The class of 2015 was comprised of Nandie, Wyzetalk, Entelect, Build, Clevva and Mapzania. So who made the cut this year? First of all, Gartner analyst Jeffrey Mann, who spearheads the programme, expanded on the criteria for selection. Who makes the cut? Mann explained that it was a "subjective selection" and that the startups were also picked for their relevance to the Gartner Symposium audience. "It is really aimed at providing... access to some vendors that we normally wouldn't be talking about,...

  • Pargo adds 500 Clicks stores to its delivery service

    Parcel delivery service, Pargo, has partnered with notable South African retailer, Clicks, to strengthen their business. The partnership will allow online shoppers to collect and return their purchases within Clicks stores. This partnership has grown Pargo's pickup points to more than 1000 stores. Due to this collaboration, online shoppers will be able to purchase items from Spree, BidorBuy, as well as OneDayOnly. "Delivery is recognised worldwide as the key friction point in ecommerce and a major deterrent to the growth of internet-based economy," said Veul. "This is especially true in the South African environment where local online shoppers are often forced to make...

  • LakeStreet seeks startups for International Tech Investor Roadshow in Cape Town

    Direct and co-investment deal club, LakeStreet, will be hosting its first International Tech Investor Roadshow in Cape Town on 28 November. The event is looking for innovative and disruptive startups to join them. It is geared towards startups looking for investors to facilitate expansion outside of SA. "This is an investment round for scalable and disruptive startups looking for international investors and ready to take their startups outside South Africa into Africa and beyond," says founder and CEO of Victoria Lion Partners (sister company to LakeStreet), Lydia Ofori, to Ventureburn. In order to participate, the startups need to be post-revenue, in a position to...