• BURN MEDIA
    • Memeburn
      Tech-savvy insight and analysis
    • Gearburn
      Incisive reviews for the gadget obsessed
    • Motorburn
      Because cars are gadgets
    • Jobsburn
      Digital industry jobs for the anti 9 to 5!
  • DEMO Ventures reveals five countries its new $100m fund for startups will target

    Egypt, Ghana, Kenya, Nigeria and South Africa. These are the five countries that a new $100-million fund -- to be launched in October by DEMO Ventures -- will focus on, revealed the fund's incoming CEO Tania Ngima yesterday. DEMO Ventures is the investment arm of DEMO Africa, an initiative which runs pitching competitions and aims to serve as a launchpad for innovative African tech. In an email yesterday (11 July) Ngima (pictured above) told Ventureburn that the fund -- which was registered in Kenya in November last year -- will invest in early-stage tech startups across various verticals. These include consumer web and mobile, renewable energy, and...

  • Company Office

    Case study: How Google Cloud Platform powers Nomanini’s payments platform

    Google has commended South African-based enterprise payments platform provider, Nomanini, for its role in modernising informal markets using Google products. Google’s Cloud Platform team visited Nomanini earlier this year to learn more about how the company uses Google Cloud Platform to build and support the Nomanini platform, which enables transactions services such as mobile phone airtime, electricity and insurance in the cash-based informal retail sector. Nomanini is driven by its mission to provide affordable access to payments for everyone, everywhere. The management of micro payments and distribution of prepaid vouchers in informal markets across Africa is expensive and presents logistical challenges....

  • Meet the three winners of DEMO Africa’s innovation tour Ivory Coast pitch event

    Three companies -- EtuDesk, Maurice Communication Marketing, and WeFlyAgri -- have come out tops as winners at DEMO Africa's last leg of a West African innovation tour in Ivory Coast earlier this week. The three will now face off with other startups from Nigeria and Ghana for a chance to represent West Africa at the DEMO Africa Launchpad this October. The three companies out-pitched nine other startups -- ZenApi, Kalejob, JANDA SARL, Damansah, Akil Technologies, Asher Services, Myrhann, Traductions, Bahrocel and YOB Technologies -- at the event which was held on Sunday (8 July). Applications for the 2018 DEMO Africa cohort are still open and are set to close in three days Maurice Communication Marketing...

  • Nigerian startups dominate lineup in edtech incubator Injini’s second cohort

    After receiving over 800 applications from 36 countries across Africa, Cape Town based edtech incubator Injini today (11 July) unveiled the eight startups that will make up its second cohort. The eight -- which hail from Ethiopia, Nigeria, Kenya, South Africa, and Zimbabwe -- were selected from a pool of 8oo entries which was then whittled down to 15 finalists. Speaking on the sidelines of an event hosted at Amazon Web Services' office in Cape Town -- where the announcement was made -- Injini founder Jamie Martin (pictured above) said the incubator had been guided in its selection of the cohort by three criteria. Three...

  • US impact investor invests $250k in Ghanaian startup Redbird Health Tech

    US impact investor Gray Matters Capital has invested up "to $250 000" in Ghanaian medical diagnostics startup Redbird Health Tech. Gray Matters Capital announced the investment -- which was conducted through its GMC coLABS portfolio -- in a statement today (11 July). In a phone call with Ventureburn today (11 July) the startup's co-founder Andrew Quao said he could not disclose the details around how much had been invested, citing an agreement with Gray Matters Capital. He however said the investment "was in the range" of the $250 000 investment ticket sizes that the GMC coLABS usually invests in startups. Ghananian startup Redbird Health Tech...

  • SA platform Bitfund claims hundreds of signups since yesterday’s launch

    SA cryptocurrency investment platform Bitfund has had "hundreds" of investors sign up since its launch yesterday claims one of its founders, Josh Miltz. The founders of the Joburg-based startup claim that the new platform gives investors exposure to index portfolios of more than 20 of the largest cryptocurrencies. "We think a lot of people are excited by the technology," Miltz told Ventureburn today. However, Miltz -- a software engineer, who founded the startup with three former school friends last year -- declined to say how much the platform was able to raise in funding from three local entrepreneurs last year. He could say only that the platform received a "significant" amount in seed...

  • Here are the three winners of DEMO Africa’s Accra event

    Three Ghanaian startups, CompleteFarmer, Develess, and RedBird, have been selected as winners of the Accra leg of the Demo Africa innovation tour. The three out-pitched six other companies at the Accra event, held last Friday (6 July), for a chance to represent West Africa at this October's DEMO Africa launch event in Morocco. The Accra event was run in partnership with MEST Africa. A panel of judges that included MEST Africa's Philippe Greinacher, MTN Ghana's Abdul-Latif Issahaku, and Kofi-Armah from Viamo presided over the pitching event. Applications for the 2018 DEMO Africa cohort are still open and are set to close in four days Here's more on the...

  • Red Bull Basement programme to support innovators who solve social problems

    A new programme by energy drink company Red Bull aims to support five tech startups that seek to solve socially relevant problems within the urban, township and rural areas. The Red Bull Basement residency programme, launched last month, will be based in Johannesburg and run for two months. Participants will be provided with funding, mentorship and access to a maker space. "The main thing is to identify solutions that are able to solve socially relevant problems within the urban, township and rural areas through the use of technology while impacting their lives in a positive way," said Mixo Ngoveni, the programme's brand manager. In a...

  • SA small businesses were looking for R86bn in 2017 estimates Finfind report

    A whopping R86-billion. That is the amount of finance that a new survey estimates that South African small businesses were looking for last year. Released today by Finfind -- an online platform that helps link small firms to funders -- the South African SMME Access to Finance Report (2017) (find it here) estimates that the total annual funding requests for small businesses to be between R86-billion and R346-billion (depending on whether 20% or 70% of small firms were looking for finance or not). Finfind's data set -- which included 11 033 firms -- was collected from the organisation's funder matching platform last year, where small businesses seeking finance completed an online...

  • Venture Science Academy opens entries for Digital Venture Build programme

    The Cape Town-based Venture Science Academy has opened entries to its newly launched Digital Venture Build programme which kicks off next month. Applications are set to close on 25 July. The six-month Digital Venture Build programme provides tech entrepreneurs with a step-by-step guide to developing a working model of their product or service offering. Participants of the programme will get to work with a software development team to build a prototype or beta version of their offering. Digital Venture Build programme participants will be provided with a software development team to assist them in building a prototype In a bid to celebrate the launch of the...

  • Want to exhibit at ITU Telecom World 2018? Enter the Industry 4.0 Challenge

    Think you've built tech relevant to the Fourth Industrial Revolution? Keen to showcase this innovation at an international exhibition? Then you have four days left to submit your entry for the Industry 4.0 Challenge. Applications close 14 July. The initiative, which is being run by the Department of Telecommunications and Postal Services (dtps), networking and telecommunications company Ericsson and Standard Bank, aims to identify tech entrepreneurs to showcase at ITU Telecom World 2018 set to be held in Durban between 10 and 13 September. 40 finalists of the Industry 4.0 Challenge will be selected to participate at a pitch event set to be...