• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!
  • Tanzanian agri-business company Makaru Agro wins Seedstars Tanga

    Tanzanian agri-business company Makaru Agro has been selected as the winner of the Seedstars Tanga pitch event. The event took place last Friday (23 November) in the northern coastal town of Tanga in Tanzania. Makaru Agro specialises in agro product distribution as well as the cultivation of bird eye chili. In addition, the company states on its website that it also provides agricultural consultancy services. By winning Seedstars Tanga, the startup has secured an opportunity to pitch at Seedstars Dar es Salaam, where the company will compete against other participants to get the chance to be named the Seedstars Tanzania winner. Social enterprise Womenchoice was placed second for its...

  • Company Office

    First Two Apple Watches Sold on bidorbuy

    (4 May 2015) The Apple magic is as strong as ever. The proof is in the sale of two Apple Watches on bidorbuy at prices that can only be described as premium. Tech7, one of thousands of sellers who sell regularly on South Africa’s online marketplace, posted his wares on 28 April: two beautiful Apple Watches, one made of aluminium alloy, and the other of stainless steel. On 3 May, one buyer snatched both, presumably happy to pay the premium price for the bragging rights of being one of the first in South Africa to wear Apple’s newest wonder. The aluminium...

  • The ins and outs of taking your startup offshore

    In the vast majority of cases, the real reason why clients hope to build their business offshore is to improve the future prospects of attracting investment, or selling the business. But when else is it a good idea for your startup to set up an office offshore? Here is the first in a series of articles on what it entails to set up an overseas office and the offshore structures available. There is a lot for business founders to get their heads around, and there is only so much time clients can spend (and pay for!) in legal consultations. So, I ask you to...

  • Here are the regional winners of the inaugural Southern Africa Startup Awards

    The 15 regional winners of the inaugural Southern African Startup Awards have been announced, with SA companies having taken home just short of half of the awards. The 15, who hail from 14 countries in the Southern African Development Community (SADC) economic bloc, were announced last Thursday (23 November) at the awards grand finale held at an event in Johannesburg. In a statement on Medium yesterday, Southern Africa Startup Awards COO Flo Mosoane said the winners had been selected following a "rigorous process" of nominations, public voting and adjudication. SA companies walked away with seven awards at the inaugural Southern African Startup Awards Winners of six...

  • Despite global outlook African startup investors can get high returns [Opinion]

    The global investor outlook is shifting quickly downward, with many macro approaches underperforming due to risks from trade wars, political uncertainty and inflation. Yet one investment thesis remains relatively intact -- technology is empowering smaller businesses to get started with minimal capital and innovate rapidly to outperform their larger competitors. These startups are not significantly influenced by macro-economic factors and are nimble enough to navigate with or around them. In this context, it was exciting to attend online startup funding platform VC4A and the African Business Angels Network's (ABAN) African Early Stage Investor Summit held earlier this month in Cape Town. Read more: Africa no Silicon Valley and other key...

  • Uprise.Africa appoints former GEPF man to chair crowdfunding platform board

    Cape Town based equity crowdfunding platform Uprise.Africa today (26 November) announced the appointment of Prabir Badal, a former board member of the Government Employees Pension Fund (GEPF), as its new chairman. In a statement today (26 November) Uprise.Africa CEO Tabassum Qadir said the company is "exceedingly pleased" to have Badal (pictured above) join as chairman. Qadir said Badal will be an important mentor to her as well as a strategist to Uprise.Africa. She added that the new chairman will bring "his rich financial insight", entrepreneurial spirit and "far-reaching knowledge" of the investment industry to the table. Uprise.Africa also announced that its COO and co-founder Patrick Schofield...

  • Here’s all you need to know about the WHO Africa Innovation Challenge

    Are you working on new solution that could help address some of Africa's unmet health needs? Then you're just the sort of innovator that the World Health Organisation (WHO) is looking for. WHO is calling on innovators with scalable healthcare solutions to submit applications for the WHO Africa Innovation Challenge. Entries for the initiative close on 10 December. The WHO Africa Innovation Challenge will prioritise solutions across three categories, namely: product innovation, service innovation and social innovation. Applications for the WHO Africa Innovation Challenge close on 10 December The challenge is open to African nationals as well as foreign nationals that are either based...

  • Digital technology will forever change public-private partnerships [Sponsored]

    The term technology is a wide and far reaching one -- it refers to a plethora of things. These can include manufacturing, processes, and building technologies. This article focuses on digital technology -- which will today and for the foreseeable future fundamentally change the way we operate businesses as well as how we develop, adopt and consume products and services. The piece focuses in particular, its role in public–private partnerships (PPPs). PPPs are by nature large-scale projects that draw on a multitude of resources, including funding, skills and expertise, as well as innovation capability and capacity. The projects deliver public services to business and...

  • Top startup events in South Africa, Africa you should know about this week [26/11/2018]

    This week join Cape Town based 88 Business Collective on Tuesday (27 November) as the initiative celebrates the entrepreneurs that came out tops in its 18-month accelerator programme. In Joburg, network with local startups at the Startup Guide Johannesburg Community Kickoff on Thursday (29 November). For those in Kenya, leading experts will discuss how startups can tap into alternative sources of funding at an African Investor Meetup in Nairobi that takes place tomorrow (26 November). In Nigeria, TechCabal will on Friday (30 November) host a fintech forum that will explore the next generation of fintech that will come out of the country. This article is...

  • With 32 investments, Lagos Angel Network is tops in Africa finds report

    The Lagos Angel Network (LAN) is Africa's most active angel group by number of investments with about $1.5-million currently invested across 32 investments, according to a report by the African Business Angel Network (ABAN). The report, titled Angel Investing In Africa in Africa, State of Play: Finding Product / Market Fit (a presentation is available here) was presented by ABAN president Tomi Davies at last week's Africa Early Stage Investor Summit in Cape Town. A copy of the full report will be release early next year. The study, which was carried out in partnership with infoDev and The World Bank Group between September last year and...

  • Egypt’s Swvl closes BECO Capital led Series-B round in the ‘tens of millions’

    Cairo-based transportation startup Swvl has raised an undisclosed amount in a Series-B funding round led by Dubai-based venture capital (VC) firm BECO Capital. The startup -- which was founded last year by Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh -- allows users who enter its app to book fixed rate affordable rides on its network of vans and buses that service more than 200 routes in Cairo and Alexandria. Yesterday (22 November), Forbes reported that the funding round -- which was "exceptionally oversubscribed" -- was "in the tens of millions". A number of other investors also participated in the round. They were -- Africa-focused VC...