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  • Savannah Fund’s first graduating class: Ahonya, Kola Studios & Safaridesk

    Kenyan-based accelerator Savannah Fund has graduated its first class of startups in Africa. Savannah Fund is a seed capital fund that specialises in US$25 000-US$500 000 investments in early stage high growth tech (specifically web and mobile) startups in sub-Saharan Africa. The Fund is a partnership between Mbwana Alliy, Paul Bragiel and iHub founder Erik Hersman and is touted as "a fund for entrepreneurs by entrepreneurs". The announcement came on the eve of Pivot East, an annual mobile startups competition and conference held in a East Africa. According to Savannah Fund, the three chosen startups from Ghana, Uganda and Kenya who...

  • Company Office

    Geeks Online SA to launch soon

    Brand new education startup Geeks Online SA (GOSA) based in Cape Town, South Africa, looks to bring an innovative solution in the education space. It’s an idea inspired by the self-proclaimed “Geek” himself, one of the co-founders. The company has been founded by two chief enthusiasts, Anele Geqiwe and Busisiwe Ngxande. What they lack in years of experience, the pair has vision and passion for education. The concept driving GOSA is very simple: it requires strong relationship between high school students and tertiary institutions. We aim to introduce and prepare Grade 10-12 students to academic competency standards expected in tertiary level. Of course there are so many solutions...

  • Pivot East: the social media stream

    Want a glimpse inside East Africa's startup scene? Pivot East is a good place to start. The annual conference and startup competition is currently underway in Kampala, Uganda to help drive mobile entrepreneurship in the region and beyond. The two-day event includes a mix of interesting speakers, fireside chats with experts and pitching sessions with startups which are hoping to make an impact in everything from entertainment to enterprise, finance and education. It's run by incubator and training collective m:lab East Africa, which is aiming to grow quality startups in the region and improve their chances of investment. We'll...

  • wiGroup: the total mobile POS package

    Mobile payments and transactions is a huge market, especially in South Africa and Africa where people are more likely to have an internet-connected phone than a credit card. The number of apps that facilitate transactions is staggering. Because of this, entering the space is tough for any competitor. Taking this into account, one company is trying to drive innovation rather than join the noise by creating a platform that links apps to retailers. This is wiGroup. Calling itself a mobile technology business, wiGroup is bridging the gap between retailers and app developers with a platform that connects them at the...

  • 6 things your corporate job can teach you about running your own company

    Most entrepreneurs sneer at the idea of working for a big corporate or medium sized business on the path to becoming the next big thing. It's not popular these days to have a "boring" day job that doesn't involve the hustle and bustle of being an entrepreneur. But before you judge the corporate drones and feel sorry for them and their life choices, it seems fair to have a look at some of the lessons being a part of a corporate can teach you about running your own company and succeeding. Being involved in a big company or simply...

  • Crowdfunding platform Thundafund rolls in over SA startup landscape

    South Africa's crowdfunding space expanded earlier this month with the launch of Thundafund, the Cape Town-based crowd-powered startup funder. While crowdfunding in Africa has yet to reach the heights of similar initiatives in the US and UK, Thundafund founder, Patrick Schofield is bullish on the model's future on his home continent. "Crowdfunding is going to fundamentally change the way we start many new enterprises in South Africa. Crowdfunding allows the many to vote with their wallets to decide what is made in our world. Thundafund will be driving this movement in creative and innovative development in South Africa and Africa." On...

  • Building BRCK: the story behind Ushahidi’s mobile internet router

    Why do we rely on equipment made for Berlin, Orlando and Tokyo when the conditions we have in Nairobi, Lagos or New Delhi are completely different? That's why we need something like the BRCK: the easiest, most reliable way to connect to the internet, anywhere in the world, even when you don’t have electricity. It's currently on Kickstarter, where we’re asking for your on taking it from prototype to production. The BRCK is simple, and it came from us asking: “How would we design a redundant internet device for Africa?” It would need the following: A router for 20 people With 8+ hours...

  • Rocket Internet’s Easy Taxi secures $15m funding round

    Latin American taxi app Easy Taxi has just secured a US$15-million funding round from its original backer Latin America Internet Holding. According to the company, which is a product of German startup clone factory Rocket Internet, it is one of the largest internet investments in the region in the past few months and shows that investors are confident in its performance. The app has expanded across Latin America since its founding in Brazil in 2011 and plans are apparently afoot to take it to an even wider market. Dennis Wang, Head of International Expansion of Easy Taxi: “When we started the...

  • OnFarm Systems gains funding from Invested Development

    Invested Development recently invested in OnFarm Systems, an agriculture technology startup that aims to combine software and hardware to provide a platform of information to better management and decision-making. Invested Development is an early stage investment fund manager that focuses on reducing poverty by providing risk capital investments in early stage startups and support "radically affordable and innovative solutions to poverty in alternative energy, mobile technology, and agricultural technology." Californian based OnFarm joins software and hardware to provide a better management and decision-making platform for farmers. Using anything from soil moisture sensors to weather stations, OnFarm combines these multiple data sources...

  • Venture Talk: Is innovation in Africa good or bad?

    Innovation in Africa -- good or bad? In our first Venture Talk, Mich Atagana chats to Sarah Rice, Head of Communications at Mxit, Rapelang Rabana, founder of Yeigo Communications, and Brett Commaille, co-founder and CEO of AngelHub about the current innovation scene in Africa. The group's discussion looks at what role the current innovation hype plays in Africa's startup scene. Generally, Africa's startup industry is still young and full of excitement. Is it being over exaggerated? Is there too much innovation? Could this hype be the death of Africa's tech world? The group also looks at the fact that too many startups...

  • Santam’s ‘Business Legal’ insurance could solve SMMEs’ compliance issues

    Staying legally compliant is notoriously easier for larger companies than it is for small, medium and micro-sized enterprises (SMMEs), especially in a country like South Africa, because of access to legal advice, and the heavy penalties involved with non-compliance. South African short-term insurer, Santam, aims to alleviate that bias with its new offering, Business Legal insurance, which is directed at young companies with the aim of stimulating job creation as well as economic sustainability and growth. A healthy small business sector is universally recognised as a key driver of economic success,” says Joseph Makgopa, Head of Corporate Legal Services at Santam....

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