Ventureburn - Startup news for emerging markets

Fund worth R1-million opens for local fintech startups

Imvelo Ventures, a South African venture capital company has launched an R1-million funding opportunity for innovative local fintech startups. Applications for the funding programme…

Tanzania startup launches platform to connect patients with doctors

Medikea, a Tanzania-based online healthcare marketplace, has launched a platform that enables patients to book doctor appointments at their preferred clinics for free. The…

Google launches accelerator for startups in the Middle East and Africa

Google has launched an accelerator programme for Seed to Series A tech startups located in the Middle East and North Africa region. Officially named MENA,…

Kenyan startup launches lease-to-own vehicle marketplace

A Kenyan-based vehicle financial management startup, Motoqaa, announced the launch of a new digital platform that allows gig workers in the taxi-hailing industry to acquire…

HAVAIC reaches agreement with Custostech

Following a legal dispute between venture capitalist firm, HAVAIC and Stellenbosch based startup, Custostech, the two parties have reached an amicable agreement. This comes…

Black Friday 2020 breaks eCommerce record

According to online payment processing service, PayFast, Black Friday accelerated online transactions by 50% compared to 2019. PayFast announced a 283% increase in total…

Virtual Hackathon Challenge winners announced

The University of Johannesburg’s Technopreneurship Centre partnered with the Pan African Information Communication Technology Centre (PAICTA) to host a virtual Hackathon Challenge that took place on…

New programme aimed at women-led businesses launches

The leading independent pan-African banking group, Ecobank Group has launched a programme called Ellevate. The new programme is targetted at women-owned and women-focused businesses…

South African tech startup raises R2.2-million

LetMeIn.to, a local tech startup that has created an innovative software-based access management service, has secured R2.2-million in funding from an undisclosed impact investor. …

Winners of the hybrid 2020 AfricArena Summit announced

AfricArena, the leading African tech ecosystem accelerator, hosted its annual AfricArena Summit as a hybrid event to encourage entrepreneurship, innovation, and investment during Covid-19….

Startup launchpad programme for Egyptian tech startups launches

One of the leading organisations in Egypt, the IT Industry Development Agency (ITIDA) has collaborated with AUC Venture Lab to create Startup Launchpad. The Startup…

Local fintech entrepreneur wins prestigious award

The 2020 South African Small Business Awards has announced talented entrepreneur Tinu Elenjical as the winner of the prestigious National Fintech Award. Elenjical and…

Mozambique startup secures $1.5-million

Mozambique-based startup, Chicoa Fish Farm, has secured $1.5-million in Series A funding from Goodwell Investments. Chicoa Fish Farm secures $1.5-million Series A Funding from Goodwell…

New VC fund launches for SA entrepreneurs to expand into Europe

A new VC fund, The Portugal Gateway Growth Fund will offer South African entrepreneurs and startups the opportunity to access the European market by providing funding…

Black Friday tips for small business owners [Opinion]

The COVID-19 lockdown forced many businesses online, and for some small and medium businesses, it would have been their first foray into e-commerce. If…

To thrive in a pandemic, you need to reinvent your business [Opinion]

The COVID-19 pandemic has given rise to many debates. But if there’s one thing commentators appear to be united in, it’s the certainty that…

Business reimagined for Africa [Opinion]

Building a business in Africa is now as much about embracing digital innovations as it is about understanding the nuances of each country and…

Why mentorship can make or break your startup [Opinion]

Having a mentor when you start a business can be as important as the actual product or service you’re selling. While the research on…

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