Ventureburn - Startup news for emerging markets

New AfDB fund to help grow electronic financial services for low-income communities

The African Development Bank (AfDB) with its partners has launched the Africa Digital Financial Inclusion Facility (ADFI) which aims to expand digital financial transactions…

Top startup events in South Africa, Africa you should know about this week [14/6/2019]

This Friday (21 June) Nedbank and RLabs will launch the Innovation and Entrepreneurship Programme, towards which Nedbank has donated R3.2-million for 50 enterprises to…

Six Nigerian fintech startups to keep an eye on

Fintech is one of the most attractive tech sectors for investment in Africa — and Nigeria, together with South Africa and Kenya, is leading…

SBC AfriTech announces names of 22 startups shortlisted for selection days

Startupbootcamp (SBC) AfriTech has announced the names of the 22 tech startups selected to attend its final selection days which are set to take…

Oze, Snode Technologies, WayaWaya each win $50k at MEST Africa Challenge final

Three African startups — Ghana’s Oze, Kenya’s WayaWaya and SA’s Snode Technologies — have each won $50 000 in equity investments at the MEST…

SA’s The Sun Exchange raises $260k from US impact investors

SA startup The Sun Exchange has raised $260 000 from undisclosed US impact investors in a deal that is part of its targeted $3-million seed…

Burnmedia announces new website designs

Burn Media today announced its new site designs for Ventureburn and Memeburn, as well as refreshed newsletters for each. It follows the announcement earlier…

SA insurtech Inclusivity Solutions nets $1.5m in round led by Goodwell Investments [Updated]

Cape Town based insurtech startup Inclusivity Solutions has raised $1.56-million in a Series-A round led by Amsterdam-based impact investment and advisory firm Goodwell Investments….

Kenya’s Twiga Foods secures $5m from French investor Creadev

Nairobi-based mobile-based B2B distribution platform Twiga Foods has secured a $5-million investment from French investor Creadev. Citing a statement it had received, Kenyan radio station KassFM said in an…

Norwegian Håvar Bauck behind Cloud9xp merger in Kenya

Norwegian entrepreneur Håvar Bauck — who earlier this year hit the news over his dealings with controversial Polish tech entrepreneur Marek Zmyslowski — is behind…

GSMA fund to offer £220k grants to up to eight agritech solutions

The GSM Association (GSMA) is looking to offer up to eight grants of £220 000 each for agritech businesses. GSMA says the grants — which…

Ghanaian startup Trukrtech wins one million naira in TechCircle’s Pitch2Win

Ghanaian startup Truckrtech has emerged as the winner of one-million naira ($2700) in equity-free funding at the 2019 edition of TechCircle’s Pitch2Win competition. The…

DataProphet wins AIconics Award for Best Innovation in Deep Learning [Updated]

Cape Town-based machine learning startup DataProphet has won the AIconics Award for Best Innovation in Deep Learning, at an awards ceremony held last night (11 June)…

Here are the first 20 startups set to exhibit at the Africa Rail Startup Pavilion

Conference organiser Terrapinn has announced the names of the first 20 startups that have each scored free exhibition space valued at R25 000 a…

Egyptian edtech Orcas lands $500k from Algebra Ventures, NFX Capital

Egyptian startup Orcas has raised $500 000 in a pre-Series A funding round led by Egyptian venture capital (VC) fund Algebra Ventures, with participation from…

Digital disruptors in fintech, offer threats and challenges [Sponsored]

Digital disruptors are rapidly changing numerous sectors the world over. And South Africa is no exception. Even though local industries are being challenged at…

Do you want to treat Naspers like a small family business? [Opinion]

(In response to former Pricecheck CEO Andre de Wet’s opinion piece earlier this week, Johann van Tonder — who once served as Naspers Labs head — argues…

Four SA regtech startups you should know about

Regtech — or platforms and apps aimed at simplifying compliance with regulations — is big money in South Africa. This was confirmed after Johannesburg…

‘It’s un-African to not welcome anyone willing to start a business serving Africans’

Should we classify companies like New York Stock Exchange (NYSE) listed ecommerce firm Jumia — that provide products and services to Africans, but were…

Startups

Entrepreneurship

Venture capital

Cryptocurrency

Events

Young Entrepreneurs

We use cookies

Welcome to Ventureburn