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  • Nairobi bootcamp to up-skill entrepreneurs in fund-sourcing, deal structuring and negotiation

    A Nairobi bootcamp takes place this week, with the aim of bringing together entrepreneurs and investors and educating startups on sourcing for funds, deal structuring and negotiation. Organised by the East African Angel Investor Network and Viktoria Ventures, the event includes a panel consisting of both angel investors and startups that have gone through previous rounds of financing. In an interactive Q&A session, they will relay their experiences to the startups in attendance. This event, which takes place on 14 April at Strathmore University is part of series of events Viktoria Ventures is organising to connect promising entrepreneurs with the local...

  • Company Office

    Can brokers use robo-advice to their advantage?

    It seems every year there's a new development that threatens to make traditional financial advisers and insurance brokers obsolete. In the past few years it was the Retail Distribution Review (RDR) and the Protection of Personal Information Act (PoPI). So far, none have disrupted what some refer to as the 'dinosaur' of the traditional insurance industry. But a new foe has emerged in the form of robo-advice: automated algorithms and digital techniques to give consumers the advice and products they need sans advisor. Earlier this year, Lawrence Wintermeyer, Innovate Finance (the UK's fintech industry body) CEO, told Business Insider that robo-advice covers anything from execution right up to where a client has to sign...

  • Start-Up Tel Aviv South Africa aims to reward top female tech entrepreneurs

    If you're one of the very small minority of female technology entrepreneurs in South Africa, you might want to check this out. The Israeli embassy has launched a competition aimed specifically at female-led startups in the seed stage, with the final prize being a week in Tel-Aviv to consult with some of the city's best entrepreneurial minds. The all-expenses-paid trip will take place in September 2016, during the exciting and innovative DLD Festival. According to a press release sent to Ventureburn, the competition judges are looking for "one woman who is actively involved in an innovative company that has...

  • LeWeb founders announce new startups

    Long-time Burn Media readers know how important LeWeb is to Burn Media. It was at the Paris-conference, after all, that the first lines of code for our flagship site Memeburn were written. So when we receive news that conference founders Loic and Geraldine Le Meur are launching their own startups, we're bound to sit up and take notice. Both startups launch in May at exclusive events in Paris and both are aimed at continuing LeWeb's original vision of helping out entrepreneurs. Geraldine is launching The Refiners, a cross-border accelerator aimed at helping foreign startups thrive in Silicon Valley (co-founded...

  • This startup wants to help you level up your knowledge in the most fun way possible

    These days there's a sense that if you're not constantly looking to improve yourself, you might as well be standing still. Given the rate at which the sum total of human knowledge is expanding, there's probably some merit to that. There are plenty of tools out there that aim to help you keep up, but the truth is very few of them are actually fun to use. Enter 42Courses. This Edtech startup, founded by ex-head of Innovation for Ogilvy & Mather in Africa Chris Rawlinson, aims to make the digital world of education the best, fun and most speedily...

  • 8 SA companies using the Uber business model to disrupt their industries

    Whether you like it or not, Uber's on-demand business model has resulted in a flood of companies using a similar strategy. There are Uber-like services for rival taxi companies, doctors, massages and even dagga, showing that the business model is here to stay. What about South African services that use this strategy? PicUp PicUp promises to take the hassle out of package deliveries by harnessing the power of WeChat. The delivery service boasts a fleet of couriers at your fingertips, using everything from bicycles to cars to transport your goods. Essentially, if it can be hauled on a bicycle or put on the backseat...

  • Parody Twitter account takes merciless dig at Silicon Cape ecosystem

    Speak to anyone involved in the South African startup ecosystem and you'll likely come away marveling at how enthusiastic and passionate they are about what they're doing. There is, however, a tendency for the whole scene to be a little serious. At least one parody account is, however, determined to change that. Start Up Grindr, which aims to shine "a light on the multi-thousand dollar South African tech scene", was clearly started by someone inside the ecosystem with some, harsh, but funny, truths to tell. There are no sacred cows here, with everyone in the space -- Burn Media...

  • Sw7 looks to bridge UK and emerging market investment

    South African-based tech innovation accelerator Sw7 is working to bridge the gap between the UK and emerging markets for investment. Sw7 will be hosting a funding event at the House of Lords in London on 22 April. The aim of the event is to connect UK investors wanting for tech investments in emerging markets. It will be hosted by Lord St. John and will have key speakers talking about opportunities and market dynamics. According to Sw7 co-founder Keith Jones, this is the first in a number of events the company plans to do in the UK. "The event is aimed at making...

  • 3 key trends that will sustain long-term growth in Africa

    A troubled murmur spread through the investment community in recent months, built on speculation that Africa’s economies are losing momentum after a decade of stellar growth. Turmoil in the foreign exchange market elicited doubts among investors as they watched the Nigerian naira, South African rand, and Zambian kwacha take a beating against the major world currencies. Economic growth in Africa’s largest economies — South Africa and Nigeria — decelerated to low single digits and stoked fears of stagnation and recession. These challenges are real, but they’re not insurmountable. And they’re also only part of the picture. Technology is revolutionising Africa’s...

  • Blockchain anti-piracy startup Custos raises R4m seed round

    A little whole back, we told you about Custos; a startup that uses the Bitcoin blockchain to curb film piracy. It's an idea that looked set to have Hollywood studios knocking at the startup's door and now, it seems, at least one group of investors agrees. The Stellenbosch-based startup recently announced that it had raised a US$265 000 seed round from a South African private investor, and Digital Currency Group (DCG). Based in New York City, DCG has been an active seed investor in the digital currency industry with 60 investments in 20 countries. Custos' technology allows companies to...

  • Top startup events in South Africa, Africa you should know about this week [11/04/2016]

    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...