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  • A Day in the Life of: LulaLend startup CEO Trevor Gosling [Native Article]

    A Day in the Life of... Being an entrepreneur is as tough as it is rewarding. Your career is filled with risks, but also an incredible amount of opportunities. For the second edition of our A Day in the Life of... series, we're following Trevor Gosling, the co-founder and CEO of South African fintech outfit LulaLend. After a good few years in the investment banking space, working for the likes of Rand Merchant Bank and Goldman Sachs, Gosling built his own premium wine and gourmet food venture. The company, 5ounces, as it was called, then got acquired by South Africa's media...

  • Company Office

    Welcome to the Matrix: Mastering the art of Scenario Planning

    For entrepreneurs, one of the most frequently cited challenges is the task of having to juggle multiple demands on your time at any given moment. In my view, however, there is a task that is perhaps more taxing – and yet absolutely critical – that entrepreneurs have to tackle every day. It is the task of identifying and planning for multiple possible business scenarios in the midst of an ever-changing market environment. Smart scenario planning, in effect, is something that undoubtedly needs to be built into the fabric of your daily communications with the board, management and your team...

  • African mobile VoD platform Tuluntulu boasts user growth [update]

    New African Video on Demand (VoD) platform Tuluntulu is turning heads with its services. The company offers African-focusses content to a global audience and has received international recognition in the process. Since launching in 2014, the startup was not only a finalist in the MTN App of the Year Awards 2015, but also won the Frost & Sullivan 2015 South African Video-on-Demand Customer Value Leadership Award, Technology Top 100 Innovation award, and the Best African App AppsAfrica award. It was also selected by Unilever Foundry 50 as one of the top 50 startups in the world for 2015. "While our key focus...

  • Want to increase sales in 2016? Here are 5 mCommerce strategies you can’t ignore

    If you are planning to deploy mobile commerce in 2016, there are certain key elements that you will need to get right in order for this solution to work for you. The most important thing is that you must have an m-commerce strategy to guide your mobile commerce deployment. Without that, even the most basic kind of it, you are going to find it extremely difficult to compete in this fast growing ecommerce market segment. You just have to look at the stat in order to realise why m-commerce is too big to be ignored. For example, 80% of consumers...

  • Two SA startups to battle it out in international pitch competition

    South African companies Newtech Rail and Adfire Creative M3dia’s iMORPH3D app will compete in the international Get In The Ring finals in Colombia later this year. This comes after the two startups battled it out against seven other African startups in a pitching session in Johannesburg recently. The Get In The Ring competition made its debut last year in South Africa and is part of the Dutch House of the Future programme. Today it has participants from 64 countries, connecting more than 3 000 entrepreneurs to thousands of funders and millions of fans. The competition is brought to Africa by The...

  • Rand Merchant Insurance opens Jozi-based Fintech hub

    South African financial services company Rand Merchant Insurance (RMI) on Tuesday announced the launch of AlphaCode, a new fintech hub operating out of Sandton, Johannesburg. Described as a collaborative club for next generation financial services entrepreneurs, the hub is meant to provide a platform for members to engage and work alongside experienced entrepreneurs, technology investors and industry experts, resulting in accelerated growth and access to market. As well as an office space, AlphaCode features a clubhouse for entrepreneurs, an active online community and regular networking opportunities. According to a press release sent to Ventureburn, the concept is modelled...

  • Crazy about startups and all things tech? Ventureburn might have the job for you!

    Ventureburn is looking for an experienced journalist to further help cement the site in becoming South Africa, and Africa's, go-to publication for all things startups. If you're well-grounded in the local ecosystem and can argue the pros and cons between angels, VCs and bootstrapping, you're probably the person we're looking for. If you love networking with some of the industry's brightest minds and tell the stories of those up-and-coming, this should be your dream job. Ventureburn offers insightful and original thought leader pieces, ‘how to’ and resource articles, and the latest news for startups and entrepreneurs specifically aimed at Africa and...

  • Domestic cleaning startup SweepSouth sweeps in R10m

    Jacques Coetzee contributed to this article. Cape Town-based on-demand cleaning service SweepSouth has announced a new R10-million round of funding. This follows a thrilling 2015 which was filled with impressive company growth as well as recognition by one of Silicon Valley's most prestigious accelerators. The new round comes from First Rand Group and Jobs Fund's capitalised Vumela Fund, which is managed by FNB and Edge Growth, as well as Newton Partners, owned by Vinny Lingham and Llew Claasen. In October 2014, SweepSouth was the winning pitch at the SiMODiSA Startup SA conference. In April 2015, it went on to secure seed funding...

  • African tech innovators: Our Uber moment is coming

    We all know that we face some unique challenges in Africa, driven by the lack of access to market and the relatively small skills pool to draw from. If we look at the four types of innovation (thanks to The Innovator's Dilemma for the foundation) they are: True Innovation: creating something new that has not been done before Incremental Innovation: improving something that exists Sector Innovation: taking bits of tech from other sectors to disrupt another sector Market Innovation: figuring out new ways to get to market and scale Most tech innovators focus on Sector Innovation, when in Africa our main barrier is Market...

  • Mobile Challenge Africa crowns three winners from Sub-Saharan Africa

    Last week saw the final round of the Mobile Challenge Africa (MCA) startup competition, where three exciting mobile-focused entrepreneurs were recognised for their innovations. The event is co-founded by European business school IE Business School and IMTIAZ Middle East. "It was a fantastic event where we could see the enormous talent and potential that there is in the region," says Catalina Tejero, Associate Director for the Middle East & Africa, IE Business School & IE University. Out of the eight contestants on the day -- several of which were unavailable -- three winners were chosen. The winners were Kenyan credit card processing and paying system, LipaPlus; Gifted Mom from...

  • Online entertainment startup iROKO closes $19m in deals

    Online entertainment startup iROKO has revealed that it's closed multiple deals totaling US$19-million to beef up the Nigerian company's operations and expand across the continent. The figure is made up of content development and capital funding deals from French media giant CANAL+ and existing investor Kinnevik AB. Launched in 2010 and headed by renowned entrepreneur Jason Njoku (pictured above), iROKO claims to be the largest online distributor of African content in the world. IROKOtv, for instance, claims to be the world’s largest online catalogue of Nollywood movies, with over 10 000 hours of movie and TV content streamed on-demand. “With millions more...