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  • Africa’s most promising entrepreneurs get special fundraising opportunity

    Venture Capital for Africa (VC4Africa), the large African entrepreneur and investor community, launched an opportunity for promising African entrepreneurs to raise capital. Entrepreneurs selected to be a part of VC4Africa's June 2013 Cohort will receive three months of targeted coaching, personal introductions to angel investors and principals at key investment firms. Application closes Wednesday 12 June and selected entrepreneurs will be announced on Wednesday 19 June. Entrepreneurs who apply must have a solid business plan, clear market strategy, a working pilot, and a skilled and experienced team. A chamber of commerce registration and complete documentation is a must. Saskia Reus,...

  • Company Office

    From operating under a tree, meet man who today owns Street Parking Solutions

    From running his business from under a tree in an abandoned parking lot in Claremont, Cape Town -- entrepreneur Zunade Loghdey today runs a parking management company that employs over 300 parking marshals. Loghdey's Street Parking Solutions (SPS) currently manages the City of Cape Town’s parking solutions in the city centre. In 2008 when he started SPS he took to managing just 100 parking bays in Claremont. At the time Loghdey (pictured above, right) could not afford an office. “I found an abandoned bowling green in Bowwood Road, Claremont, it’s still there today. The tree that you see in the parking lot is the tree that...

  • Ushahidi’s BRCK reaches and surpasses its Kickstarter goal

    Well this is super cool. The Ushahidi initiative that hopes to connect users the internet no matter where you are and without electricity has done it: the project has raised more than US$125 000 on Kickstarter. BRCK which is described as "the easiest, most reliable way to connect to the internet, anywhere in the world, even when you don’t have electricity," reached and surpassed its goal last night. "At 10:40am PST, we crossed our $125 000 mark with our 814th contributor. We have now rewarded over 430 BRCKs. This is huge. We are blown away by the support for this...

  • Meet the top 20 entrepreneurs at the Global Forum

    Recognizing entrepreneurs that are doing amazing work around the world is quite important and that's what the Global Forum on Innovation and Technology Entrepreneurship is all about. This year's event is currently taking place in South Africa and touts itself as a "biennial flagship event convening the global innovation and entrepreneurship community to exchange know-how, establish partnerships and develop innovative approaches". It's hosted in partnership with the South African Department of Science and Technology and infoDev, a global partnership program in the World Bank Group. "Its mission is to enable innovative entrepreneurship for sustainable, inclusive growth and employment in...

  • Creative spaces: a look inside the offices of 10 startup heavyweights

    Startups are hives of creativity. In their early days, the creativity of their founders and new hires mainly permeate the innovative products or services that are to disrupt industries. Those that succeed in uprooting their markets however, follow a trajectory which puts them in a position to further manifest their creativity. With a wad of cash and an expanding workforce, a new work environment is often both a necessity and a compelling blank canvas for its creatively-driven founders. It's interesting to watch how the most successful startups often end up in the most creative spaces. Whether that's by means of...

  • Digital marketing group Incubeta acquires UK-based Net Media Planet

    Paid search marketing agency Net Media Planet, has been acquired by Incubeta Holdings. The deal will see Incubeta, a digital marketing services company based in Johannesburg South Africa, boost its advertising offering and strengthen its foothold in the UK. Incubeta is the holding company of paid search and analytics specialist Clicks2Customers (C2C). CEO of Clicks2Customers, Jonathan Gluckman says the acquisition will add to C2C's performance based display capabilities, especially demand side platforms and real-time bidding. Research firm eMarketer reckons real-time bidding will account for 25% of display-ad spending by 2015. Real time bidding allows for the selling and buying...

  • Avaya programme set to make your SME ‘The Next BIG’

    The communication and collaboration provider Avaya is one of the global leaders in its field of expertise. With this programme, Avaya is focusing its attention mainly on SMEs who are expected to become "The New Big." Challenges and solutions of the region-specific mid-market are aimed to be regulated. The company kicked-off a regional programme to help understand the needs and challenges faced by medium-sized enterprises in South Africa. The methods and tools required for reaching the market demands are often lacking. This is the main reason why Avaya is equipping its channel partners with solutions to understand and resolve the...

  • Forget Bang With Friends, NoonSwoon helps you find “the one” on Facebook

    Do you have trouble finding that special person? NoonSwoon, officially launched in Thailand, is an app to matchmake singles with friends of their Facebook friends. What do you do when you just turned single, and you want to get into a relationship with someone compatible? Most people turn to clubs, bars, community meetups and online dating, and so did Kavin “Mickey” Asavanant, co-founder of NoonSwoon, a Thailand-based dating app. But as he went about meeting potential significant others, the lecturer at Chulalongkong Business School realized that the traditional ways were rather flawed in the sense that girls that he liked seemed...

  • Africa’s entrepreneurial explosion: a space ripe for the taking

    "Africa's current environment is ripe for gaming to take off," says Michael Szymanski, the Director of Business Development for the Meltwater Entrepreneurial School of Technology (MEST), an incubator that manages the MEST seed fund in Accra. Of course Szymanski would say this to a room full African entrepreneurs and geeks at Net Prophet. What's interesting is one of the companies that MEST looks after actually plays in Africa's mobile gaming space. MEST provides training and mentoring for aspiring African software entrepreneurs with the goal of creating wealth and jobs locally in Africa. According to Szymanski, most MEST entrepreneurs look to...

  • How doing 7 ordinary things can lead to extraordinary results [Net Prophet]

    In business, to be a success does not mean you have to be an extraordinary person. The truth, it turns out, is that you can actually achieve great success by doing seven very ordinary things. For Triggerfish CEO, Stuart Forrest, this is a proven fact because by his own admission he is "very ordinary". Triggerfish Animation, a Cape Town based film and entertainment company, is the producer of the animated feature films "Adventures in Zambezia" and "Khumba". Speaking at this year's Net Prophet tech conference, the animation producer outlined seven very ordinary things that could lead to extraordinary success. What do you...

  • VC in South Africa: Where are we now? [Net Prophet]

    "If this elevator goes down, so does the Cape Town VC industry." That's what Justin Stanford, co-founder of investment management group 4Di and 4Di Capital, told fellow Venture Capital investor, Keet van Zyl a few years ago on the way to an event. That's how small the VC space is in the Cape. Speaking to the Net Prophet 2013 audience Stanford, who is also the co-founder of the Silicon Cape initiative, spoke of the current state of the Cape Town VC space. "Where are we now? Lacent... but it's growing." Stanford seems upbeat and optimistic about the Cape's ecosystem, even in the...

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