News

Skillsoft acquires edtech rival, Codecademy, for US$525 million

Skillsoft, the American educational technology company that provides enterprise learning solutions, has entered into a definitive agreement to acquire Codecademy, a leading online learning…

Global Innovation Fund invests R7m to bridge South Africa’s digital divide

The Global Innovation Fund (GIF) has invested $460 000 in Isizwe, a South African internet service provider that promotes access for low-income communities. For…

Alithea IDF announces largest gender-inclusive private equity fund in Africa

Africa’s first women-led and women-focused private equity fund, Alitheia IDF (AIF), has announced the final close of the $100 million (R1 552 898 000,00)…

MTN Nigeria ready to release RCS Business Messaging

MTN is geared to launch Rich Communications Services (RCS) Business Messaging (RBM) Services in partnership with Google and Dotgo. This will allow business to…

WEF report shows barriers to SME technology adoption in emerging markets

While 97 percent of global companies have accelerated adoption of technology to get through the pandemic the World Economic Forum’s (WEF) survey indicates that…

Why the circular economy is fertile ground for South African entrepreneurs

In order to combat South Africa’s shrinking economy and high unemployment rate, small business specialists, Fetola, is running the Circular Economy Accelerator (CEA), a…

Naspers, Lendable and Change Ventures lead $30m Planet42 investment

South African car subscription service Planet42 secured $30 million in equity ($6m) and debt ($24m) financing. Debt venture fund Lendable doubled its initial $10…

About 40% of global SMEs don’t believe Africa has growth opportunity

A new study has shown that approximately 40% of global SMEs don’t see the growth opportunity Africa offers, despite positive economic growth. This doesn’t…

Community-based Bandwidth Barn incubator comes to Khayelitsha

Woodstock’s Bandwidth Barn by The Cape IT Initiative (CiTi) is one of the most important tech hubs for Cape Town, South African-based entrepreneurs, techies,…

Jumia ‘acknowledges success’ after just raising a nice fat $150 million

Jumia, which launched in only two years ago in Lagos, Nigeria, has just announced a new round of investments amounting to a fat €120…

US VC firm Founder Collective among Hellopeter’s new owners

Yesterday, Ventureburn sister site Memeburn reported that Hellopeter founder Peter Cheales had stepped down from his position at the head of the company following…

New ecommerce site Zwipit wants your old phone for cash

South Africa has a lot of phones. With a mobile penetration rate exceeding that of the population by almost a third, one can easily…

BRCK founders embark on epic roadtrip to promote African connectivity

This is pretty cool: the folks behind BRCK — the device that allows you to connect to the internet, no matter where you are…

Okuhle Media recognised as most established business in Western Cape

Cape Town, South Africa has an exciting, growing film industry, with players like local animation studio Triggerfish having made a name for itself internationally, and…

The Hope Factory to celebrate, empower entrepreneurs with new partnerships

Global Entrepreneurship Week (GEW) is upon our dear world, and like many other entrepreneurship initiatives, South African enterprise development programme The Hope Factory hopes…

Report paints bleak picture for sub-Saharan Africa’s startup scene

Where’s the best place to launch a startup company? Not Sub-Saharan Africa, by the looks of things. A new in-depth study by the Global…

Entrepreneur Expo provides unique insight into SA’s exciting startup scene

This week the fifth annual Entrepreneur Expo is kicking-off in Cape Town, South Africa, with the aim of bringing together entrepreneurs, thinkers and tinkerers…

Livity Africa’s digital bootcamp is calling for 2015 intake of tech-savvy learners

Are you keen to join South Africa’s growing digital agency space? Well then, listen up! Livity Africa is calling for applications for its 2015…

Here are the 3 winners of the Orange African Social Venture Prize

The winners of the Orange African Social Venture Prize have been announced at AfricaCom 2014, with Modisar and its agriculture app coming out top. Part of major telecom…

BitX launches stylish bitcoin app to drive adoption in emerging markets

South Africa and Singapore-based bitcoin exchange and tech startup BitX just launched a virtual currency app which hopes to unlock the growing potential presented by…

Voice education app HaltEbola wins Ampion Venture Bus competition in West Africa

Ampion Bus Africa is driving through the continent on a mission to inspire and promote local startups. And so, with the recent conclusion of…

Microsoft’s EmployMentor to empower 150 female graduate students in Kenya

Female graduate students from 24 universities in Kenya will benefit from a mentorship programme by Microsoft and other local partners. The programme, called EmployMentor,…

Broadband Africa Forum 2024

Africa’s AI Revolution: Reclaiming the Digital Narrative

South Africa’s Deskless Workers: A Workforce Under Strain

Microsoft launches new Surface devices in new AI era

Honor Magic V3 launches, four things to know

Honor Magic V3, a Guinness world record attempt

What is Northvolt worth for German car companies?

Jaguar rebranding creative is crazy – good?

German luxury cars require a rethink for China