Ventureburn - Startup news for emerging markets

ImaliPay raises undisclosed amount in pre-seed funding

Kenya-based fintech startup ImaliPay has secured an undisclosed amount of pre-seed funding led by TEN13, an Australian venture capital firm, and several other investors…

Nigerian bank launches innovation challenge

One of Nigeria’s most prominent financial institutions, Union Bank, has launched the 2021 UnionX Innovation Challenge to support early-stage startups and promote innovation in…

Top startup web events in SA this week [01/03/21]

This week’s lineup of events focuses on entrepreneurs in the eCommerce sector, the importance of business support, and how to establish a successful tech…

Kenyan fintech startup secures $1.5-million in seed funding

Kenyan fintech and eCommerce startup Powered by People (PBP) has raised $1.5-million in seed funding led by Matt Kalish of DraftKings, TBD Angels among…

New SA fintech startup aims to make travel affordable

South African-founded travel-focused fintech Wunderlust aims to make travel more affordable to locals by offering monthly installment payments for local and international flights. Wunderlust’s…

West African tech startup partners with French ride-hailing company co-founder

West African startup and ‘African Super App’, Gozem has announced the onboarding of Othmane Bouhlal, co-founder of French ride-hailing company Chuaffeur-Privé, as a strategic advisor. …

SAVCA Responds to 2021 Budget Speech

The Southern African Venture Capital and Private Equity Association (SAVCA) welcomes the announcement that proposed changes to Regulation 28 will be published by National…

Stats SA reports Cape Town as metro with lowest unemployment rate

Statistics South Africa’s Quarterly Labour Force Survey for quarter four of 2020 has revealed that Cape Town has the lowest unemployment rate out of…

2021’s silver lining for startups [Opinion]

Last year rocked everyone’s world and challenged every belief system we had and 2021 will bring more of the same uncertainty. In fact, I…

SA digital bank receives R1.6-billion investment

South African digital bank TymeBank has secured an investment of R1.6-billion from global investors. TymeBank has secured an investment of R1.6-billion from several global…

Stellenbosch Network Opens Programme to upskill local entrepreneurs

The Stellenbosch Network Entrepreneurial Mentorship Programme, an initiative aimed at supporting and upskilling budding entrepreneurs, has officially opened for applications. Applications close on 1…

Angolan tech startup secures over $50 000

Luanda-based tech startup Deya has secured its first round of pre-seed funding of over $50 000 from a group of local angel investors. Deya…

Applications for SA Accelerator for black women tech founders opens

I’M IN Accelerator, a programme that focuses on early-stage tech startups founded by black women, has officially opened applications for its fourth cohort. Applications…

Hlayisani Growth Fund secures R350-million

Hlayisani Capital, a pre-eminent African private equity investment, has secured R350-million in funding led by Standard Bank and prominent South African family offices. Hlayisani…

Treasury to take heed of what SMEs need to effect urgent economic reform

This is no ordinary year and this week will be no ordinary Budget Speech. Looking back on the Minister of Finance’s Address from last…

Covid-19 TERS scheme extended to 15 March 2021

The president has announced the TERS benefit will be extended to 15 March 2021 for certain sectors but there are unanswered questions over aspects…

How to create an intelligent enterprise that future proofs business

The drive towards digital transformation and the adoption of new IT methods, tools, and technologies is a business-critical move to build an intelligent enterprise…

‘Digital transformation’ – Should we still be talking about it in 2021?

By now we all know that digital transformation involves using digital technologies to make changes to various aspects of a business. But many companies…

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