Africa, Startup news

SA mobile PoS Nomanini scores R4.8-million to help scale internationally

nomanini Operating across Southern Africa and other emerging markets, the Cape Town, South Africa based mobile Point-of-Sale (PoS) startup Nomanini has just received an investment of R4.8-million from the Industrial Development Corporation (IDC). Nomanini is popular for its rather uniquely colourful mobile PoS terminal which gives a merchant the ability to sell airtime, electricity, insurance process other cash based transactions. Aimed at emerging markets lacking modern infrastructures and therefore primarily cash reliant, vendors using the company's hardware help provide critical services ...

Startups

Qurio is on a quest to change the world, one question at a time

qurio South African based startup, Qurio, was born out of a need to improve the education space. Founded by Paul Kim and Gareth Heuer -- the former has a background in actuarial science and the latter in marketing -- the pair went straight into the entrepreneurial space after completing their studies. The team knew they wanted to build something that would help fix the South African education space. After a bit of research, Kim and Heuer found that there's a ...

Africa, Mobile, News

M-Pesa relaunches in SA: refined strategy, massive roll-out

mobile_africa Vodacom's well-known mobile money transfer service M-Pesa is having a second go at South Africa's mobile market. The telecom giant announced that, after two years of assessment, it's relaunching the mobile payment service which is set to transform the way South Africans bank. The Kenyan mobile service was first launched by Safaricom in 2007, where it has proved to be exceptionally popular, with over 70% of the adult population relying on the service. M-Pesa was then introduced in 2010 to South ...

Africa, Ecommerce, Startups

MzansiStore: this Etsy for Africa aims to empower local crafters

MzansiStore-cover A few months ago, MzansiStore successfully raised funds on local crowdfunding site Thundafund in order to support one of South Africa's designers. More than R20 000 was raised to be used for supplies such as a T-shirt printer and screens. The designer now sells her products using an online storefront via MzansiStore to a global audience. This example fits in neatly with MzansiStore's overall focus of providing local entrepreneurs in the craft industry with the tools and skills to help ...

Africa, Mobile, News

Worldreader brings mother-tongue ebooks to feature phones in Africa

worldreader Literacy in empoverished lands is a pressing issue, especially on the African continent. But NGOs and other organisations are looking to eradicate this discretion entirely. The latest partnership formed will see the African division of the Cambridge University Press partner with NGO digital book provider, Worldreader, to make over 390 ebooks available for Africans across the continent for free. Thanks to the dropping price of technology, and increased adoption rates, it's easier to spread educating materials in developing countries. Using the ...

Startup news

First Data buys out Vinny Lingham’s Gyft in $50m+ deal

Gyft Gyft, the virtual gift card service founded by South African-born entrepreneur Vinny Lingham has been acquired by First Data, a big player in the payment technology and services space. Neither party has disclosed the terms of deal, although early Gyft investors have expressed pleasure at the deal. Karlin Ventures managing director TX Zhuo told Pandodaily that it was “a great outcome for everybody involved.” Sources close to the acquisition meanwhile said that the deal was larger than the US$54-million it ...

Africa, Microsoft

Physics, healthcare and imagination: meet Africa’s future

Imagine-Cup Every year, Microsoft asks university students to imagine what they could do with technology through its Imagine Cup competition -- a skills-based challenge comprised of three key categories: Games, Innovation and World Citizenship. The idea is to create innovative and original software applications for Windows devices, of course. The competition is open to students around the world and spans a period of one year, beginning with national and online competitions, and culminating at the World Finals. So here we are, ...

Africa

Fixing the African startup space: stop looking at Silicon Valley

hammer We are at a very exciting stage in the African Startup space. The attention we are getting internationally is great and we are seeing competitions, incubation spaces and accelerators popping up seemingly weekly. It is great to get the international support and attention, but beware the hype. The international ‘plug and play’ formulas offer limited value and struggle to create any kind of consistent momentum and value in the local markets. Setting Africa apart We need to look at the market ...

Africa, News

Project Isizwe launches 213 free Wi-Fi hotspots in Tshwane

Project Isizwe The City of Tshwane, in partnership with the free Wi-Fi crusade Project Isizwe, has launched more than 200 new free internet zones. Centered at schools in the Tshwane area, this move sees the city become one of largest free Wi-Fi providers in South Africa. The move follows Phase 1 of the non-profit, Project Isizwe, which last year in November rolled out free internet zones to Soshanguve, Hatfield, Church Square, Tshwane North College and Mamelodi Community Centre. Besides allowing users 250Mb per ...

Africa, Startup news

Go Metro named Cape Town winner of Get in the Ring 2014

Get-in-the-Ring2 Get in the Ring (GITR) South Africa has announced transport startup Go Metro as the regional winner of the Cape Town batch. Founder of Go Metro Justin Coetzee will represent Cape Town in Rwanda as part of the regional finalists in September 2014. Over 2 000 startups from around 50 countries will compete for the grand sum of €1 000 000 (R15 000 000) in November. Apart from the global competition, GITR says to encourage the global entrepreneurial movement ...

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