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  • Rwanda’s Think incubator reveals top 10 pan-African finalists for 2015

    Rwanda's popular tech incubator Think has announced the top 10 finalists for its second cohort. Selected finalists are in the running for investment and incubation from Tigo and its parent company Millicom at the state-of-the-art think incubation site. This year's in-take will build on the success of the incubator's first cohort comprised Rwandan company TorQue and Nigerian company Cribpark, which both received investment, access to key networks, assessment of growth, and office space. Read more: Rwanda’s Think reveals 4 promising African startups for acceleration Think noted in a press release that it received highly qualified applications from 14 countries, and the...

  • Company Office

    An Exclusive Sneak Peak At Compare Guru – Coming Soon!

    Cape Town, South Africa - The time is getting close to the relaunch of Click n Compare as Compare Guru. The rebrand – planned for mid February - comes as a strategic move to join the brand’s counterparts in Nigeria and Kenya, as well as to incorporate an animated character, The Guru, as their mascot. Compare Guru will fall under the umbrella brand Compare Africa (previously known as CNC Group), now also inclusive of PriceCheck. According to recent research, 31% of South Africans use the the internet to compare products / prices / features online, while insurance accounts for 7%...

  • Sami Inkinen: 5 things ordinary people can do to do extraordinary things

    Sami Inkinen is known for a couple of things. Not only did he sell a company he co-founded for US$2.5-billion in February this year, he's also a master triathlete and holds the record for rowing across the Pacific from San Francisco to Hawaii (4345km) together with his wife. Recently during his trip to South Africa's popular Cape Epic cycling race, the co-founder of online real estate company Trulia joined a group of entrepreneurs and enthusiasts for a sharing session at New Media Labs. Borrowing lessons from what he's picked up during his business life as well as sport, the topic...

  • You can now apply for the World Cup Tech Challenge 2015 to pitch in Silicon Valley

    The World Cup Tech Challenge is inviting the global tech and entrepreneur community to apply and stand a chance to attend the global pitch event in Silicon Valley. Welcoming entries from startups from across the globe, the event will conclude at Microsoft’s Campus in Mountain View, Silicon Valley. Country representatives are limited to one per group in each of the six groups. These startups will be selected in a gruelling qualification process in which their applications will be scrutinised by 35 judges. The startups will compete in six different groups: Digital Media- Mobile, Health tech, Nextgen Technology, Edtech, Enterprise software and...

  • Webfluential, Retromedia join forces to accelerate global expansion

    Digital marketing outfits Webfluential and Retromedia are merging in a mission to help drive online brand awareness while furthering global expansion. Webfluential -- which will be housing staff members from both organisations in its South African offices -- links people who have strong social media presences with brands in order to boost online campaigns. Retromedia, on the other hand, shares its skills through its online research and analytics offering together with a focus on paid media. “This merger is in response to the market reality that influencer marketing and paid media are much more powerful, and secure stronger campaign results when combined....

  • Phonebook replacer Truecaller says mobile-first Africa shows great potential for growth

    The phonebook is a critical tool for billions of people who use it on a daily basis -- but despite all of today’s advanced technology, little has been done to make the mobile experience more intelligent, relevant and personal. Truecaller is a service that transforms the phonebook with a set of smart features to make it all of these three things. Co-founded by Nami Zarringhalam, Truecaller lets users identify unknown incoming calls -- they can block calls they don’t want to receive. Zarringhalam, who is also the company’s chief strategy officer, believes that since the service is available on all major mobile...

  • CiTi to support more UCT entrepreneurs via Campus Barn Hub

    CiTi has been very active in the last few months. Since new CEO Ian Merrington came on board, the tech and innovation initiative has opened up a hub for entrepreneurs in Khayelitsha, while some of its alumni made names for themselves at the Mobile World Congress in Barcelona. More recently, it's joined forces with ABSIP and UCT in an effort to support more student entrepreneurs. Known for its incubation spaces and mentorship programmes, the Cape Innovation and Technology Initiative (CiTi) in partnership with The Association of Black Securities and Investment (ABSIP) is now offering student and entrepreneurial support from its...

  • Kenya’s Easy Taxi finally introduces cashless payment method

    Since Uber made inroads into Africa's market two years ago, alternative taxi startups have been trying to find new ways to compete with the major multinational company. In addition to cash and M-pesa, Easy Taxi passengers in Kenya can now use credit and debit cards as payment methods. "Easy Taxi is excited to provide customers with the option of paying for their rides using their credit/debit cards. With this new mode of payment, we hope to further enhance our customer’s convenience and overall experience," said Lauren Gray, marketing director at Easy Taxi. Backed by the public German incubator, Rocket Internet, and...

  • 5 lessons you can learn from the omni-channel masters

    Try as you might to entice customers to download your app or visit you on the web, people don’t self-identify as online shoppers or mobile users. People shop in the way that’s most convenient for them at the time, whether that’s on their smartphone, tablet, or in a physical store. To get new customers and satisfy existing ones, you need to adopt smart omni-channel practices. An analysis by MasterCard found that omni-channel drives higher spending at retailers than online or in-store shopping alone, and brands that are optimising the customer experience across multiple channels are reaping the benefits. Sephora and Warby...

  • Africa’s top business schools to accelerate entrepreneurship through collaborative AAAE initiative

    Some of Africa's top business schools have formed a partnership to accelerate entrepreneurship, job creation and economic development on the continent. The African Academic Association on Entrepreneurship (AAAE) will specifically promote and develop academic cooperation through research, case study development, student and faculty exchanges, as well as academic materials and publications. “AAAE will play a key role in leading the continent towards stronger linkages among African business schools focusing on teaching and research in the areas of entrepreneurship and family business, as well as further global collaboration,” said Professor Karim Elseghir, dean of School of Business of the American University in...

  • Boom or bust: which direction is the South African ecommerce space headed in?

    Speak to some people and they'll tell you South Africa is on the verge of an ecommerce revolution. Talk to others and they'll tell you not to put too much hope on the space. So who's right? Well, the numbers are fairly encouraging, but there's plenty to be said for tempering that optimism with a little caution and placing it in the right context. For instance, a recent study conducted in South Africa by research company Ipsos, on behalf of PayPal and FNB, shows a growing interest by South African internet users to shop online. Out of South Africa’s internet users, 22%...