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  • SAP launches first Co-Innovation Lab in Africa

    Software solutions company SAP has launched its first Co-Innovation Lab (COIL) in Johannesburg, being a first for Africa. COIL has been created in order to create collaboration between SAP, software partners and entrepreneurs. "We are committed to provide the Digital Platform, leveraging IoT, Big Data, a Digital Core, Cloud Computing and Business Networks to enable capabilities relevant to growth in Africa," said managing director of SAP Africa Brett Parker in a press release. "We are confident that the introduction of the first African SAP Co-Innovation Lab, with its ability to enable and, tangibly showcase the innovation and inventions by Africans, for Africans, will enable...

  • 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...

  • 7 books that all entrepreneurs must read without delay

    If you look at some of the leading entrepreneurs, you will find that they didn’t make a fortune out of thin air. They have different success stories, which can be attributed to the fact that they took the road less travelled and followed smart approaches to reach where they are today. As an entrepreneur or a founder, I am sure that you can relate to their success stories and want to make it big just like them. For this, all you need to do is step into their shoes and know the secrets to their success by reading the following...

  • Seedstars World is looking for the best startup in Botswana

    Global pitching competition, Seedstars World heads to Botswana on 4 November 2016 in search for the best startup the country has to offer. Selected startups from the Botswana round of participants stand a chance to receive an all-inclusive trip to the regional summit in Rwanda as well as a spot in the finals in April 2017. Startups wishing to enter will need to be under two years old, have raised less than US$50 000 in funding, be scalable, and have a minimum viable product. The Botswana leg of the tour is carried out by local partner Stanbic Bank Botswana as well as...

  • This startup will soon allow you to make mobile payments using sound

    With the launch of their pilot program earlier this month, fledgeling Singapore startup, Aimazing is a step closer to commercialising their new sound technology solution for mobile payments. Aimazing’s goal is to offer the mobile payments market a more accessible option than the near field communication (NFC) technology currently in use. The startup’s solution has carried it to a top 30 finish in Slush Singapore 2016, which was held in September. It also earned them a place in season four of Channel NewsAsia’s Start-UP program. Aimazing vs. NFC chips “Phones are made to produce sound,” said COO and co-founder Yar Hong Chiong....

  • Biotech, life-management startups amoung 12 finalists at Seedstars World Zimbabwe

    Global pitching competition, Seedstars World, is heading to Zimbabwe to find the country's best tech startup. The event will take place on 31 October at Dicovereum in Harare. Seedstars World is travelling through 65 countries to find the best startups, with chosen finalists competing for up to US$1-million in equity. The final pitches will take place in Switzerland in 2017. "Impact Hub Harare is excited about hosting Seed StarsWorld in Zimbabwe for the first time. This is really a great opportunity to have our local 'hustle' on a global stage and for the 'hustlers' themselves to learn from other innovators worldwide," said the co-founder of...

  • Angel Fair Africa gets all-female investors panel

    Angel Fair Africa has announced its first all-female investors panel. The panel features names such as angel investor Laila Macharia, Kanini Mutooni (director of investment at USAID East Africa Trade and Investment Hub) and many others. The panel also features principal investment officer of Singularity Investments Lexi Novistske and investment director of Novastar Ventures Sapna Shah. These four heavyweights will constitute the panel on day one of the fourth Angel Fair Africa from 10-11 November 2016. A total of 20 startups and scaleups will have the opportunity to pitch in front of eager investors. Participants will also have the opportunity to network with fellow entrepreneurs...

  • Futureneers: the VC aiming to invest in, nurture startups

    South African startups will be receiving a new VC company in the form of Futureneers. The VC aims to change the way companies are invested in by also giving them guidance. According to a press release sent to Ventureburn, the VC "personally nurtures them through each phase of their business growth cycle, with the aim of scaling them in readiness for entry to international markets". It aims to fill a gap in the market where angel investors exit the invested startup and the startup in question requires additional capital and experience. "...South African investors often lack the time, knowledge and resources to screen,...

  • Digital entrepreneur? MTN has a masterclass for you

    Telecoms giant, MTN has geared its focus toward accelerating startups through their first ever Digital Entrepreneur Masterclass. The first masterclass is to be held on 27 October 2016 in Johannesburg and will equip entrepreneurs with the necessary skills and insights into running a successful digital business. "The Digital Entrepreneur Masterclass is part of MTN Business' objective of enabling SA's entrepreneurs to harness technology to compete effectively and grow sustainably," said general manager of enterprise sales at MTN Business SA, David Mphelo. "As a proudly South African company, we have stepped up our initiatives across the board to encourage innovation, build a partner ecosystem...

  • 5 reasons to build your personal brand before your business

    Most entrepreneurs understand the power of personal branding, but some see it as a peripheral or secondary development in relation to the actual business they’re building. On the surface, this makes sense, because personal branding supports a company, and the business is what generates the revenue. So it’s natural to want to prioritise the company over everything else. If you’re building a firm from scratch, however, it’s worth considering the option of investing in a personal brand before you start to creating the actual business operation. Thousands of entrepreneurs have already done this, resulting in multi-million dollar enterprises. Why would it...

  • BriteCap gets top honours at SAP Startup Focus Forum

    Employer benefits platform, BriteCap, has won the pitching competition held during the SAP Startup Focus Forum. The event took place at the Barclays Rise space in Cape Town on 20 October 2016. The forum was organised by SAP, one of the major players in enterprise application software as well as Rise, an initiative created by Barclays geared toward fintech startups. "Rise Cape Town has partnered with SAP as we share a vision to bring startups and corporates together to solve some of the biggest challenges facing financial service," said ecosystems manager of Rise Cape Town, Camilla Swart. "By creating a community of the world's brightest...