Ventureburn - Startup news for emerging markets

How founder of Egypt’s Xpay bagged $250k after meeting angels at social event

The founder of startup XPay — which was reported last week to have raised $250 000 from two angel investors — says he closed the…

Africa Rail calls on startups to apply for free exhibition space

Conference organiser Terrapinn is offering 50 startups with solutions in the rail and transport industry, free exhibition space valued at R25 000 each at this…

SA’s Aerobotics wins President Macron Africa Tech Award at VivaTech 2019

Cape Town based agritech startup Aerobotics has been named the winner of the President Macron Africa Tech Award at VivaTech 2019. This, after the startup —…

Nine SA, Zimbabwean startups selected for BioCiTi programme

The Cape Innovation and Technology Initiative (CiTi) has announced the names of nine SA and Zimbabwean biotech entrepreneurs that have been selected to take…

Top startup events in South Africa, Africa you should know about this week [19/5/2019]

Ever wondered what tech trends will shape the most successful careers over the next 30 years? Lifecheq will on Tuesday (21 May) host a…

Reserve Bank issues call to fintechs to participate in central bank digital currency project

The SA Reserve Bank has called on solutions providers to express interest in participating in its domestic central bank digital currency project. Through the project,…

Applications for next week’s SBC AfriTech Cape Town FastTrack close this Sunday

Startups looking to attend Startupbootcamp (SBC) AfriTech Cape Town FastTrack event next Wednesday (22 May) have just under two days to submit their applications….

AfricArena expands VivaTech partnership to create more startup growth opportunities

Tech startup conference and ecosystem accelerator AfricArena yesterday announced at VivaTech that it has expanded its partnership with the French tech summit. AfricArena said…

What SA fintech startups should know about dealing with regulations

You’ve started a fintech startup — now it’s time to navigate the muddy waters of SA fintech regulation. More that hassling with funding or trying…

Nationwide SA digital procurement, funding tour to kick off next month

A nationwide digital procurement and funding tour aimed at helping entrepreneurs to source opportunities and finance, is set to kick off on 8 June…

Benin’s Noru Capital inches closer to $10m targeted raise

Noru Capital, which was launched last month to invest in tech startups in Benin, has raised $800 000 of its targeted capital of $10-million, EtriLabs…

Newly launched Benin Business Angels Network to make five deals this year

The newly launched Benin Business Angels Network (BBAN) is looking to invest in three to five Beninese tech startups this year — with the…

Vodacom acquires 51% of SA startup IoT.nxt [Updated]

Vodacom has reached an agreement to acquire a majority stake in SA Internet of Things (IoT) startup IoT.nxt. While neither Vodacom or IoT.nxt have disclosed…

Hurry, applications for Google’s Indie Games Accelerator close in just four days

African indie game startups from Egypt, Kenya, Nigeria and South Africa have until this Sunday (19 May) to apply for Google’s Indie Games Accelerator…

AI startup Cortex Logic’s holding company to acquire Tesla Water solution [Updated]

Cortex Group, the holding company of Cape Town based artificial intelligence (AI) startup Cortex Logic, announced earlier this week that it will acquire Tesla Water’s…

Farewell Matt, your legacy will forever live on [Obituary]

The day he told me he had cancer he was out on the pavement below our Cape Town offices. His hair may have thinned…

Buckland helped bring together, inspire tech startup community – Silicon Cape

Cape Town based tech initiative Silicon Cape has paid tribute to Burn Media Group founder Matthew Buckland, who passed away last Tuesday. Buckland, who…