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  • Six ways “Young World” entrepreneurs are changing the business landscape

    A lot has been written about the “digital generation” – the cohort that grew up marinated in high tech, and whose worldview reflects their constant exposure to information, communication and collaboration, media and multitasking.  But the greatest impact this generation is having on the world is when they have a blank canvas to start their own businesses – and nowhere is this felt more profoundly than in those parts of the world where young people are most numerous: emerging economies. Over the past two years, I’ve been studying the most innovative young entrepreneurs on five continents and observing how the values of...

  • Company Office

    Wabona Birthday Promotion

    Wabona, Cape Town based video streaming service is celebrating its one year birthday. With that Wabona is free to all until the 12th of December. Anyone can sign up and watch as much content as they want for free. To celebrate this momentous occasion Wabona received a birthday message from acclaimed African-American film and TV star, Malik Yoba. Malik was introduced to Wabona by Africa Angel Network Founder and Chairman, Pule Taukobong. Africa Angels Network (AAN) is an Angel Investment firm that invests in and supports African entrepreneurs and start-ups. AAN pays particular attention to start-ups in the TMT (Technology,...

  • Are classified sites in Africa profitable?

    You’ve probably heard of these very popular online classified sites, Craigslist and Gumtree. Both sites offer buyers and sellers an opportunity to engage in a free and open market. With the success of these sites in their respective countries and beyond, African entrepreneurs are keying into the online classifieds market. Today, there are probably more than 20 classified sites in Nigeria alone that offer the same service, but with different business models and technical functionality. Some of the popular niche classifieds sites include Nairalist.com, Txtoweb.com, Chukslist.com, Gbogbo.com, Bunchbay.com, Kerawa.com Nigeria, and WhoGoBuy.com. In addition, other Nigerian websites also offer online classified...

  • Startup tips from Mark Shuttleworth

    South Africa is the best place to become successful says Mark Shuttleworth, who made it big when he skidded over twenty and then promptly became a billionaire by selling Thawte to Verisign for some R3.5-billion. “The fact that South Africa doesn’t have a Silicon Valley shouldn’t deter anyone from being an entrepreneur in South Africa,” he says. “The existence of Silicon Valley is held up as a reason for California’s success with technology. The simple fact is that there were a bunch of people there who had the confidence and the audaciousness to start stuff, so it has become a...

  • Does Mark Zuckerberg need adult supervision?

    Mark Zuckerberg, CEO of Facebook, is just 26 and has done very well but his young age does often show itself in various ways. He's put his foot in his mouth several times over privacy and has had mixed reviews on his performance in high profile interviews. Here is Chris Pirillo: "Things didn't go well for Mark Zuckerberg when he appeared on the D8 stage two days ago. From all angles, he appeared to be fumbling his way through the answers he was giving. He broke out into a cold sweat and had to remove his trademark hoodie. Bloggers around the...

  • Jamiix: The Cape Flats startup that’s going global

    Jamiix, a brand new social-media aggregator that was developed on Cape Town’s notoriously under-resourced and impoverished Cape Flats is launching internationally with grand ambitions to become an integral part of the Web 2.0 landscape. The web and mobile-based tool is described as a “distribution and aggregation technology to engage with clients who are in need of support services”. It grew organically out of a desire for affordable communications in the area of social services, which is a chronic need on the Cape Flats. Developed over two years, it takes its name from “Jamii”, the Swahili word for social or community and...

  • Manifesto for web startup entrepreneurs

    I’m going to apologise up front. These aren’t all original thoughts - are original thoughts still possible? I read voraciously online and I am pretty convinced that all that reading has helped inform this list. And no, I’m not going to get into the semantics about exactly what a “startup” is right now. 1. Think global You are not going to become rich building an online business solely focused on the South African market. Read that again. You will not become rich. Despite what you think now, in order to become wildly successful, you have to build an online business that...

  • New player enters SA online recruitment market

    A new South African online-recruitment portal, "developed out of frustration with existing recruitment methods", claims to have developed creative solutions for the difficult task of match-making between employers and employees. Sebenzi.co.za attempts to shake up the existing model, where the power is placed firmly in the hands of the recruitment agencies which have access to a database of CVs, and who frequently share the personal details of recruits without their knowledge or consent. The new players have set out on a mission to redress this imbalance, and after two years of research and development, the site was launched with...

  • 20 hot Nigerian startups to watch

    As we gradually approach the end of the first half of 2010, we are expecting to see more web 2.0 innovations and mobile-based platforms developed by Nigerian tech entrepreneurs. At this year's Barcamp Nigeria, coming up on 22 May at the University of Lagos, we also anticipate many new product launches. There is no doubt that Nigeria's startup scene is heating up. It deserves attention from the global webspace. Already, there are indications that an Android-powered tablet could be coming from Nigeria. Some quick facts and figures: Nigeria is a country of about 150-million people. The CIA Factbook also reports that Nigeria...

  • The Stuart Ntlathi story: A hope-filled prophecy for entrepreneurs in Africa

    High profile speakers, animated presentations, and the occasional F-bomb on stage all characterised the proceedings at what is fast-becoming one of South Africa’s hottest tech conferences. Net Prophet, a free one-day conference established by the RAMP Foundation last year as a means of social investment to debate and grow the local Internet economy, attracted about 800 people from all walks of life. This year’s line-up included Erik Hersman (Ushahidi), Vinny Lingham (Yola), Adriaan Pienaar (WooThemes), Stefan Magdalinski (Mocality), Richard Mulholland (Missing Link), Patrick Kayton (Cognician), Sarah Lacy (TechCrunch), Stephen Newton (ex-Google SA), Stephan Ekbergh (TravelStart), Stuart Ntlathi (SNSET), and Arthur...

  • Net Prophet: Africa is a sea of opportunity

    Free coffee, wi-fi and pumping music tunes was how more than 800 tech geeks, freaks, entrepreneurs and industry leaders were greeted at the Net Prophet Conference in Cape Town on Thursday. With an impressive line-up of speakers and the sense of a growing tech community in the Silicon Cape, it was no surprise to see a packed and enthusiastic auditorium at Old Mutual Park. Speakers included Erik Hersman, co-founder of Ushahidi.com, and Mocality.com CEO Stefan Magdalinski, who shared insights on mobile and internet innovation in Africa -- and how South African entrepreneurs in particular are well-placed to take advantage of...