Lenovo Southern Africa’s flagship event, Accelerate 2025, has just wrapped up in Johannesburg — and if the conversations are anything to go by, the…
Nigeria’s Stears raises $600k from Omidyar Group’s Luminate, other investors
UPDATE (8 May 2020): We had it initially that Luminate led this round. However, A Luminate representative subsequently contacted Ventureburn to point out that…
Nigerian fintech Okra nets $1m investment from TLcom
Nigerian fintech platform Okra has secured a $1-million pre-seed investment from Nairobi and London based venture capital (VC) firm TLcom Capital. Okra, which launched…
Covid-19 and African tech startups roundup [27/04/2020]
SA’s Trade and industry minister Ebrahim Patel says the government can’t lift restrictions to allow all ecommerce traders to operate, while not doing so…
Top startup web events in South Africa, Africa you should know about this week [27/04/2020] [Updated]
On Thursday (30 April), Founders Factory Africa and AfricArena brings together fund managers and limited partners to discuss short-term measures that can be adopted…
Nigerian payments app Bundle launches after netting $450k from Binance
Bundle, a Nigerian payments app for cash and cryptocurrencies, has launched after netting $450 000 from global blockchain company Binance. Bundle allows users to buy,…
GSMA opens applications for grants of up to £250k from its innovation fund
The GSM Association (GSMA) has opened applications for its Innovation Fund for Mobile Internet Adoption and Digital Inclusion and is offering equity-free grants of between…
Covid-19 and African tech startups roundup [24/04/2020]
South Africa plans to ease its lockdown on 1 May, as it gradually begins to open up the country again. Not all businesses will…
Ensure 24 months runway if you want to raise VC funding now, says venture capitalist
Startups that are not venture capital (VC) funded and are looking to get VC funding, should have a minimum of 24-months worth of cash…
Covid-19 and African tech startups roundup [23/04/2020]
A leaked draft discussion document prepared by South Africa’s office of the presidency has revealed that businesses in the country’s tourism, aviation and creative…
How small businesses will benefit from Ramaphosa’s R500bn economic package
In a speech last night President Cyril Ramaphosa announced a massive R500-billion social and economic support package to help South Africa tackle the effects…
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