Startup news

Lumkani looks to crowdfunding to equip 3k households with fire detectors

Lumkani fire box Lumkani, the South African startup behind the innovative fire detecting device, is looking to raise US$45 000 through a crowdfunding campaign set to go live on 11 May. The crowdfunding campaign is a requirement for winning Chivas Regal's The Venture competition, which seeks to recognise and award social entrepreneurship. It's part of the build up to the final event where 16 teams from around the world will meet in Silicon Valley to compete for US$1-million in funding for their ventures. Lumkani notes ...

Startup news

SW7 teams up with Standard Bank, Microsoft Bizspark team up to launch ‘blue chip’ accelerator

SW7 accelerator South African startup incubator SW7 has teamed up with Standard Bank and Microsoft Bizspark to launch a new accelerator to the recently-opened Standard Bank Incubator in Rosebank, Johannesburg. The partnership comes less than a year after SW7 first opened its doors and just months after Standard Bank launched its Playroom innovation hub. “We are very excited to launch this initiative with Standard Bank. Getting the support of the leading bank in Africa will help us a lot with the challenges ...

Entrepreneurship

Do startup founders make great CEOs?

Building Calling yourself a CEO is easy. All it takes is getting a stack of business cards made, and slapping your name and the CEO title on them. There is, however, a journey that a founder has to take to become a CEO. So to ask the question “Do founders make great CEOs?” is perhaps uninformed because, for a startup founder to become a good CEO, he needs to actually learn how to get there. There’s an excellent post by venture capitalist, ...

Competition, Mobile apps, Startup news

Ghana’s social events startup Suba wins #MWA2015 app competition

Suba wins Mobile West Africa 2015 App Developer Competition Social events startup Suba emerged as winner of the Mobile West Africa 2015 App Developer Competition recently. Out of five finalists Suba was voted the top app by delegates to the Mobile West Africa 2015 conference held in Lagos, Nigeria. The winning startup got an iPad Air courtesy of appsafrica.com, high-end smartphone from Innjoo and gift card from SureGifts. Read more: SureGifts is Nigeria’s premier gift card startup targeting the corporate world In all, five startups emerged as finalists -- four from Nigeria ...

Advertising & Marketing

Realmdigital founder Wesley Lynch steps down as CEO to concentrate on Snapplify

Wesley Lynch Realmdigital founder Wesley Lynch has stepped down as CEO the company confirmed in a statement today. The news comes shortly in the wake of AngelHub and former FNB CEO Michael Jordaan leading an investment round into Lynch's e-publishing startup Snapplify. While Lynch will remain onboard as chairman of the agency he founded 16 years ago, his energies will now shift to Snapplify, where he remains CEO. "The timing is right, for both companies, for this strategic leadership shift," Lynch ...

Africa, Startups

Bitcoin’s first killer app? Bankymoon lets you pay your utility bills in digital currency

Bankymoon 2 We're living in a world where everything's being labeled as smart. From our phones to watches and even our cars. But something that's really being taken for granted is our utility grids -- including gas, water and electricity. And while the majority of the world might be migrating onto the so-called smart grids, they are still filled with a lot of dumb problems. The biggest being payments. South African bitcoin startup Bankymoon is boldly taking on this industry. That's besides having ...

Africa, Entrepreneurship, News

MTN is backing tech entrepreneurs through New Generation Mindset programme

MTN South African teleco giant MTN is going the extra mile to support innovation and entrepreneurship in the country. That's apart from the pan-African company's commitment to pour in US$400-million into Africa and the Middle East's startups, it's recently announced a multi-million rand innovation deal with the UCT Graduate School of Business. Now -- with the backing of the New Generation Mindset programme -- MTN Business is looking for young, black entrepreneurs in South Africa who want to contribute to the growth ...

Africa, Startup news

Mobile startup Giraffe reports massive traction in first two months

Giraffe After having launched in Gauteng, South Africa earlier this year, mobile employment startup Giraffe has seen massive traction so far, with nearly 10 000 jobseekers in just two months. It's furthermore presented job opportunities to over a thousand jobseekers. Currently in beta, the company's mobile recruitment platform aims to address some of South Africa's most pressing issues by enabling jobseekers to get better access to job opportunities. It also then gives employers access to quality staff at low cost. Giraffe’s mobile app is ...

Entrepreneurship

Should budding entrepreneurs share their ideas?

Idea There's a general school of thought among a number of new entrepreneurs that one should not share their business idea with anyone else. The reasoning behind this is that you need to protect your ideas and what you regard as your intellectual property. On the face of it all it sounds like logically sound argument. A business is after all quintessentially an idea that has been executed into a product which hopefully has a large enough market to sustain its expenses. New ...

Competition, Ecommerce, News

Efinity competition offers R75k worth ecommerce solution for startups

Efinity comp Backed by a package worth R75 000, South African ecommerce fulfilment service Efinity is having a competition to help put your business in the cloud within 24 hours. Launched last year by Naspers, Efinity is said to support small and medium businesses, as well as the larger operations. Efinity’s services are currently used by pure play etailers like Spree, but they also enable bricks-and- mortar SA businesses to enable their ecommerce offering. Heading new business development at Efinity is Nic Robertson, who ...

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