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  • Impact Amplifier Investment Readiness Accelerator looking for startups

    The 2017 Impact Amplifier Investment Readiness Accelerator is looking for startups addressing social or environmental challenges to join its three-month programme. "Entrepreneurs that are focused on education, health care, housing, food security, financial inclusion, energy, water, and other climate adaptation/change issues are critical to creating a more socially just country. Yet, these businesses like many others also face a broad spectrum of challenges when trying to grow," read an excerpt from the website Impact Amplifier looks to support these businesses by providing investment readiness and acceleration services to early-stage companies. The programme will address key points, such as pitching to investors, strategic planning, revenue...

  • Company Office

    Mayibuye Film Festival on Wabona

    Wabona, one of Africa’s premiere video streaming services is happy to announce a ground breaking partnership with Cape Town based Gravel Road Entertainment. On the 13th of April 2014 Gravel Road Entertainment’s Retro Afrika Bioscope launches the Mayibuye Film Festival on SABC 1.  The festival will run for three weeks, airing two never before seen films every Sunday in which Wabona and Cinemo, Wabona’s mobile service, will be released 2 hours after broadcast free for its users on both services. This will be a first as Gravel Road and Wabona will be releasing film content on three media platforms within...

  • CarTrip: this carpooling startup looks to make travel easier in SA

    Traffic is a nightmare in South Africa, with many dreading the daily commute to and from work, not to mention the cost of petrol. Carpooling service CarTrip is looking at making travel easier and affordable for customers in SA. The startup is founded by Chris Faur, whose story began when he became stranded in Spain with no train, car, or taxi in sight. His fellow traveller then gave him the idea to hail a BlaBlaCar. "This guy arrives, picks us up at the local garage and we travel about 100kms through Spain. It’s literally just people going to work, going to family and you can just...

  • Tigo, Reach for Change award US$20 000 to entrepreneurs

    Telecoms company, Tigo in partnership with NPO Reach for Change, has awarded two entrepreneurs US$20 000 in the fifth edition of the Tigo Digital Changemakers Competition. The competition aims to find and support innovative entrepreneurs using digital tools who have a positive impact on their community. In addition to the financial grant, the winners also received access to the Reach for Change incubator programme, which provides them with access to global networks and expertise. The winners of the competition are Sophia Mbega's Vicoba and Nancy Sumari's Kids Jenga Hub. "For five years now, our Changemakers have touched the lives of over 250,000 children in...

  • Top startup events in South Africa, Africa you should know about this week [13/03/2017]

    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...

  • Call for nominations: Digital All Stars’ top edtech startups

    For Ventureburn's next Digital All Stars piece, we will be focusing on the top edtech startups in South Africa. We are looking for candidates who are using tech, or who are are tech-focused, with education startups. These can range from online courses to teaching kids how to code. Now is your chance to submit whoever you think would fit the criteria. In order to do so, please email editor@memeburn.com with the subject "Digital All Stars edtech startup nomination". The email should include the full name of the candidate, the startup, and a short 'CV' with their accomplishments and why you think they should be...

  • Q&A: WooTheme’s Mark Forrester talks hacking, investment tips & more [update]

    Mark Forrester is easily one of the most well-known startup founders in the SA industry. In 2015, his co-founded website theme builder WooThemes was acquired by WordPress founding company, Automattic for a rumoured US$30-million, which he commented is "off target, it is a good ballpark". Started in 2008, WooThemes grew to 55 staff members across 20 countries by the time it was acquired in 2015. The company also launched shopping plugin WooCommerce, which saw over 7.5-million downloads and active installs at the time. Along his journey, Forrester has co-founded IT solutions company Gravit8, social media aggregator Afrigator, invested in Over and...

  • Y4PT Hackathon series found its Cape Town representative

    International pitching competition Youth for Public Transportation (Y4PT) Hackathon concluded its Cape Town event on 6 March. It focuses on mobility and takes place in 20 major cities around the world. Y4PT was held in partnership with WhereIsMyTransport, the Bandwidth Barn, KAT-O, and Women in Tech. "This hackathon was our first to showcase what can be done with integrated transport data, and the power of an open platform," said the co-founder of WhereIsMyTransport, Devin de Vries, in a press release to Ventureburn. Teams could compete in four categories which included Integrated Mobility, Healthy Mobility, Inclusive Mobility and Future Mobility. The winners from various countries will compete in...

  • Equity investment in SMEs up 108% says PwC’s Accelerator global report

    PricewaterhouseCoopers' (PwC) Accelerator has released a new global report, which focuses on the equity financing market for SMEs. The report was compiled using data based on Pitchbook and World Bank Data, and looked at SMEs from 2010 to 2015. PwC's Accelerator looked at over 52 000 companies that employed under 250 people, over 81 000 known deals under EUR500-million, and over 33 000 equity investors. "The Atlas is a useful reference guide for CEOs of SMEs looking for financing. It helps them to understand the global equity financing market and to identify barriers and enablers at a global, cross-border and regional level”...

  • New infographic focuses on Cape Town as startup capital of Africa

    A new infographic has been released which shows why Cape Town is the startup capital of Africa. The report has been compiled with the efforts of the City of Cape Town, Invest Cape Town, Wesgro, CiTi and Silicon Cape. The data has been compiled from a number of resources, such as the FNB Property Barometer, SAVCA 2015 Venture Capital Survey and World Economic Forum Global Rankings 2016. "The resources clearly show why the Cape is the leading tech hub in Africa. It is because of our skills pipeline, which is unmatched on the continent, combined with the quality of life and infrastructure in the Cape, and...

  • DPO Group to acquire Botswana, Namibia operations of Virtual Card Service

    Online payments service provider The Direct Pay Online Group (DPO Group), has announced the 100% acquisition of the Botswana and Namibia operations of Virtual Card Service (VCS). The complete 100% equity acquisition of VCS's South African operations are still being finalised and will follow at a later date. Ventureburn asked about the financials details of the African deal, though DPO did not want to disclose the amount. "The VCS team have built a leading market position in the Botswanan and Namibian payments landscapes by offering a distinguished suite of services to all organisations requiring automated, high volume and secure card payment processing," says the...