Africa, Startups

Want to start a business cheaply? Think twice about South Africa

Africa Map growth startups entrepreneur New research from Venture Capital firm, Savannah Fund, shows that South Africa is the most expensive country to start a tech company in. The data, which was published late last week highlights six of Africa's fastest growing tech ecosystems: Kenya, Nigeria, Tanzania, Uganda, Ghana and South Africa. According to the Kenyan-based firm, it is interested in the "differing variables that can affect entrepreneurs" in the countries it may choose to invest in. The point of the study, it seems, is ...

Entrepreneurship, Startup news

SA entrepreneur launches world’s first bitcoin-only betting site: BetVIP

betvip logo The Fifa World Cup in Brazil is kicking off in just a couple of days, and launching just in time is a new venture from South African entrepreneur Daniel Schwartzkopff: BetVIP -- the world's first licensed bitcoin-only betting site. BetVIP's aim is not just a timely launch, but a desire to add legitimacy to the young crypto-currency. Supporting more sports than just football, the site accepts wagers, and pays out winners, exclusively in bitcoin -- only accepting bets made in regulated ...


Socialbakers joins the battle for the Newsfeed with Edgerank Checker buyout

Social bakers Socialbakers, a Czech-based company that specialises in social media analytics and optimisation, has announced that it has purchased EdgeRank Checker, although specific financials of the deal have not been disclosed. Following a funding round that saw Socialbakers snag an extra $26 million from IndexVentures, this deal also means that Socialbakers' data will now power a range of popular tools (including PostAccumen) that large brands also use to manage and optimise their social media presences (in addition to scoping out the competition). “Socialbakers ...


Ethiopia’s tech landscape: unique challenges, massive potential

gambia street addis ababa Having recently visited Addis Ababa, I thought I might write down some of my impressions. The last time I was here was over 20 years ago, as I would fly between Khartoum and Nairobi for boarding school. Needless to say, much has changed, except for the warm hospitality of the Ethiopian people. Experiencing Ethiopia Mobile carriers and their spam advertising It's non-existent here. I was shocked when I landed at the airport, since there were no billboards or ads for any mobile operators ...

Africa, Startup news

Wyzetalk secures Series A round: new investors could aid African expansion

wyzetalk logo 800 Social enterprise platform Wyzetalk has secured a Series A funding round worth R8 million through Clifftop Colony Capital Partners, a Cape Town-based financial services firm focused on African VC and private equity investments. The round was contributed to by a selection of investors, including Nairobi-based Savannah Fund. Wyzetalk's cloud-based platform offers businesses a way to collaborate with colleagues, employees, customers and suppliers producing greater brand engagement and improved productivity among other benefits. Gysbert Kappers, co-founder and CEO of Wyzetalk, says: "Working with ...

Africa, News

MeSociable is Africa’s new network for dating and promoting your business

MeSocialble There's a new social network on Africa's block. The site is called MeSociable and seems to aim for something in between Facebook and LinkedIn; with a focus on boosting social updates and the ability to leverage business awareness. MeSociable promises good user experience and easy procedures. It says that there are already a bunch of good social networks in Africa but hopes that it's unique user experience will make it stand out from the rest. The site relies on what's ...


Carey Eaton: remembering an African tech genius

carey-eaton-with-isis-mbwana-600x397 This article by Erik Hersman originally appeared on White African, a Burn Media publishing partner. If you would like to share your tributes and memories of Carey, please do so on there. Carey Eaton was one of the true sparks of genius in Kenya’s tech ecosystem… in Africa’s. Carey Eaton was a friend. He grew up here in Kenya, went to Hillcrest and then bounced back to Australia to eventually become the CIO of SEEK. Back in 2011, when the iHub was ...

Startup news

A billion here, a billion there: Uber rakes in some fresh moolah

Uber2 You know investors seriously love your company when they start throwing billions of dollars at you. Want to know what that feels like? Just ask on-demand private company Uber, which today confirmed that it had raised a massive US$1.2-billion from a group of mutual fund managers and venture investors. The latest round of funding means that the disruptive company is now worth around US$17-billion, a fact that will probably fuel speculation that it's well on its way to going public. According to ...

Mobile apps, Startups

Social is easy: Pocketplan lets you find, book and pay for events in your city

pocketplan logo Entertainment, like transport, is integral to any major city's attractiveness to its citizens and tourists. And while we've seen some truly disruptive (read:Uber) and innovative startups entering the transport sector, entertainment in South Africa and emerging markets, for the most part, has not changed too much in the last few years in terms of event discovery and ticket purchasing. While there are some players facilitating mobile payments for goods at events, event discovery still largely relies on traditional avenues such as ...

Africa, News

SA dev team snatches award at Microsoft Imagine Cup 2014

Imagine-Cup A South African team from the University of Pretoria recently scooped the Skype Award in Microsoft's student technology competition Imagine Cup 2014. The team, called Super Sea Dragons, had to compete against 171 teams from 76 countries. Daniel Esterhuizen, Gerhard Janse van Rensberg, Eleanor Harding and Emile Hay were awarded US$5 000 for developing a 2D action-adventure game called Orbit. The award will help assist the team to get its project Orbit onto the Windows Phone Store and promote it. Orbit is described as a ...