Africa

Kenyan startup OkHi raises $75k from Garage Capital in latest round

Location-based addressing app OkHi has raised US$750 000 in funding. The local and international investors include the likes of Silicon Valley-based Garage Capital, and…

Padi is Nigeria’s new hyper-local delivery service

Nigerian internet company Iconway has launched Padi, described as a hyper-local delivery service. It allows people to order products from neighbourhood stores and have…

Changing climates, changing fortunes: what African elections mean for investors

Electoral cycles have long been a sticky issue for Africa’s business communities. Elections often evoke fears that a regime change will bring uncertainty and…

Kenya’s mobile customer care platform Ongair rakes in funding [updated]

The Hong Kong-founded venture capital firm and accelerator, Nest, has invested an undisclosed amount into Kenya’s mobile customer care platform Ongair. With hundreds of…

Axing of finance minister – SMEs in SA to lose big

South African small businesses are likely to lose more than they gain from President Jacob Zuma’s axing of Finance Minister Nhlanhla Nene. While Nene’s…

Investors should look to private equity in Sub-Saharan Africa, says CEO of SAVCA

Private equity in Africa is set to present significant opportunities, says CEO of the Southern African Venture Capital and Private Equity Association (SAVCA), Erika van der…

Why SweepSouth believes in US-based 500 Startups incubator

South African-based on-demand cleaning service SweepSouth believes more local startups should take advantage of US-based initiative 500 Startups. The company recently returned from the…

Pivot East 2015 crowns 5 best mobile startups in East Africa

Going on its fifth year, regional pitching competition and conference Pivot East 2015 has revealed the top mobile startups of East Africa this week….

African Angel bootcamps to mobilise early-stage investors

By partnering with a range of prominent industry influencers, the African Business Angel Network hopes to mobilise early-stage investors this year. The initiative is…

How important is Kenya in Africa’s growing startup scene?

With US President Barack Obama expected to open the Global Entrepreneurship Summit in Kenya on Saturday, the East African country has seen a lot…

Nigerian VC fund 440 announces Deal Weekend Lagos

This August, Nigeria-focused venture capital fund 440 will host a 24-hour event called Deal Weekend Lagos where startups will compete to receive equity investment…

These are DEMO Africa’s top 30 startups for 2015

From entertainment marketplace Bozza Media in South Africa to Nigeria’s elearning company Flippy Campus, DEMO Africa has just revealed its top selected 30 tech…

Seedstars World crowns mobile employment service Giraffe SA’s top startup

Johannesburg-based employment company Giraffe has just bagged itself a ticket to Geneva, Switzerland where it will take a shot at the US$500 000 equity…

Endeavour South Africa accelerator celebrates success rate at JSE

The Johannesburg Stock Exchange (JSE), in association with Endeavor South Africa, recently showcased the success rate of its early-stage, black-owned businesses — some of…

Why communities work best for innovation in Africa

With more and more South African entrepreneurs starting businesses in response to the country’s unique challenges, it’s no wonder that, out of the 30…

SME Empowerment Challenge to support African innovations with up to $70k

International heavy-weights Ford Foundation, World Economic Forum and the Hague Institute for the internationalisation of Law (HIIL) are collaborating to provide a lucky few…

Cape Town rising: the natural ground for tech entrepreneurs?

A decade ago, no one in South Africa knew what the terms angel and tech startups meant. People were progressively adjusting to a new…

Hong Kong VC firm Nest expands to Nairobi to support continent’s talents

Hong Kong VC and incubation firm Nest has recently announced its expansion into Africa, connecting local talent with Asian investors abroad. Founded by Simon…

She Leads Africa announces 5 female entrepreneurs for China Innovation Visit

Social enterprise for women She Leads Africa, a Huawei sponsored event, has selected five female tech entrepreneurs from Africa for its programme this year….

4 reasons investors should seriously look to Africa for tech

In recent years, Africa has become a hotbed of technological innovation. The spread of mobile technology has spurred new companies, such as delivery service…

Bitcoin exchange BitX launches digital currency services in Nigeria

Bitcoin exchange company BitX announced today its rollout to Nigeria. Previously only South Africa, Indonesia, Kenya, and Malaysia were able to purchase the digital cash…

SureGifts makes gifting in Nigeria more personal with new site

In March, Ventureburn reported that Nigeria’s premier gift card startup SureGifts was targeting the corporate world (they still are) with a unique bouquet of…

Is franchising the key for young entrepreneurs in South Africa?

Fifty-two point six percent of South Africa’s youth are unemployed. That’s according to statistics from Good Governance Africa (GGA). The challenges that young South African’s…

How VR Meditation Apps Like Realms of Flow and Others Are Redefining Our Connection with Reality

Transforming Healthcare in Africa with Technology

How forex trading is transforming startup investment strategies

How One Energy Project Could Reshape Climate Action

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

German luxury cars require a rethink for China

Trump wins – Tesla goes beyond $1 Trillion

Vivo update – a big safety gain