Startup news

PIC behind new black-owned insurtech Yalu, set to launch first product in June [Updated]

UPDATE (6 August 2019): The Public Investment Corporation (PIC) disclosed in its 2018 annual report (see here — opens as a PDF) that it had acquired…

Five years on SA man behind ‘$20bn Namibia gas field’ yet to sink test wells

Over five years since founding his energy company, a SA-born entrepreneur who claims that he can make millions of rands off using drones and…

SA entrepreneur ‘thrilled’ to be selected for Collective Global Accelerator

After successfully completing two rounds of pitching, SA entrepreneur Shaney Vijendranath, co-founder of analytics startup Momsays and parenting blog You, Baby and I says she is…

Yes, we’ve closed $200 000 EchoVC-led round confirms Nigerian startup LifeBank

Lagos-based startup LifeBank confirmed today that it closed a $200 000 seed round. The round was led by EchoVC Pan-Africa fund. Angel investor Fola…

Google to invest in startups working in the digital assistant ecosystem

Google has announced that it is opening a new investment initiative for startups developing solutions in the digital assistant ecosystem, namely the Google Assistant Investments programme….

Just under two days left to apply for Startupbootcamp Johannesburg FastTrack

Startups looking to participate at the Startupbootcamp Africa Johannesburg FastTrack event have just under two days to apply for one of 10 spots with…

These are the two Egyptian startups representing Africa at 500 Startups’s Seed Accelerator

There are 18 companies currently participating in 500 startups‘s 23rd Speed Accelerator cohort. Among those startups, two hail from Egypt: dating app Harmonica and mental health…

SA’s Stanchion Payment Solutions heads to Europe, sets sight on global market

South African company Stanchion Payment Solutions has recently opened up its European regional office based in London. The tech company focuses on implementing, managing…

AfricanUp aims to connect startups, accelerators, tech hubs

It’s not always easy for the various players in the African startup system — including the startups themselves, accelerators and tech hubs — to…

mHealth startup Telemed secures venture capital from The African Group

Telemed Medical Services is an Ethiopian startup responsible for the country’s popular mobile health and medical consultancy service, Hello Doctor, and has recently announced…

Hotel booking startup Jovago expands to Senegal, Kenya

The Nigerian hotel booking startup, Jovago, has recently announced that it’s expanding to Senegal and Kenya. Given the recent figures for the region’s tourism…

Lamudi is the largest real estate site in Uganda, credits emerging middle class

In October last year, Rocket Internet launched Lamudi, the real estate version of its “mudi” startup branches — Carmudi being its online vehicle shop…

Project Iziswe partners with Western Cape to bring free Wi-Fi to 90k people

The free Wi-Fi for the masses initiative, Project Iziswe has recently partnered with the Western Cape Government’s Department of Economic Development and Tourism to…

Timetoreply helps track and increase customer response time online

Based in Cape Town, South Africa timetoreply helps sites measure how quickly they respond to customer enquiries which then helps them improve their response…

InVenture raises $1.2-million to help serve emerging markets’ underbanked

InVenture is a credit score for anyone with a mobile phone. In order to expand its phone-based personal finance software, InSight, which generates financial…

Nigerian mobile security startup secures up to $10m in funding round

Nigerian financial security app, i.Sec, has closed a US$10-million funding round with local private equity firm Synergy Capital, according to the company website. “…Synergy…

Azimo closes $10m Series A fundraising deal to fuel emerging market expansion

Azimo, the clever UK-based FinTech startup that enables international money transfers through novel ways, has closed a US$10-million Series A funding round led by…

Waabeh shows snapshot of Africa’s music streaming industry [infographic]

Online music streaming has been booming ever since iTunes was released more than a decade ago. With African content for Africans in mind, services…

Jumia now offering budget-friendly X-touch tablet in Nigeria

Jumia is one of Nigeria’s largest online retail stores and offers a range products from women’s high-heels to cheap smartphones and books. To further…

These are SA’s top four ‘U-Startups’ heading to Milan

The South African leg of the U-Start startup conference has come to an end with four impressive contenders awarded the opportunity to present their…

LaunchPad connects students to startup internships in Asia

Ever wanted an internship in Asia? Students and graduates from around the world now have access to information on the best internships offered by…

Daredevil startup DonationShop gets charities into ecommerce, for zero down

Charities are taking an increasingly entrepreneurial approach to sustaining their initiatives. US-based MalaikaForLife, for example, runs an ecommerce store that stocks bracelets produced by…

Nomanini secures series-B bringing total capital raised to over R20-million

Nomanini, the company that delivers physical prepaid vouchers through its little cloud-connected box, has secured an undisclosed amount in series-B funding from Seychelles-based investment…

Acer’s New Nitro AI Gaming Gear Is Here—But Is It Worth It for South Africans?

R19,000 for Bass? Sony Tests South Africa’s Audio Appetite

Tech Stocks Tank – Can SA Survive a Global Meltdown?

SA Business Confidence: Fintech Lula Sounds Alarm on SME Reality

Why MVNOs are gaining ground — and how Huge NXTGN is accelerating the shift

Acer Unleashes Beastly New Predator BiFrost and Nitro GPUs with AMD Radeon RX 9000 Series

Philips Evnia Drops Jaw-Dropping QD OLED Monitors: 240Hz, Ambiglow, and All the Good Stuff

Microsoft launches new Surface devices in new AI era

Gravity is a true driver’s EV SUV

L2 charging and the power of dwell time

Tires and tariffs