Startup news

Fintech MFS Africa acquires digital payments provider Beyonic

Johannesburg-based fintech firm MFS Africa announced today that it has acquired Beyonic, a digital payments management provider of business services for SMEs, fintechs, and social impact…

Covid-19 and African tech startups roundup [30/06/2020]

Budget Insurance has launched a R6-million small business relief fund to help small businesses that have been impacted by the Covid-19 pandemic and lockdown…

Covid-19 and African tech startups roundup [26/06/2020]

Telkom Business has launched Yep!, a digital marketplace app where customers can search and purchase from small businesses. This, while new statistics from fintech…

Township entrepreneurship fund delayed, Seda funding cut as Covid-19 support prioritised

The Department of Small Business Development will delay the implementation of its R800-million township entrepreneurship fund, to offset the R1.1-billion allocated to the department…

Covid-19 and African tech startups roundup [25/06/2020]

Presenting his special adjustment budget yesterday, Finance Minister Tito Mboweni said he expects the SA economy to contract by 7.2% in 2020, the country’s…

Entries open for fifth annual AppsAfrica Innovation Awards

Entries are now open for the sixth annual AppsAfrica Innovation Awards which aim to showcase the continent’s most innovative mobile and tech ventures. The…

Catalyst Fund selects three African fintech startups for accelerator programme

Three African tech startups have been selected to take part in global inclusive fintech accelerator the Catalyst Fund‘s latest cohort. The three African firms…

The Future is Female Mentorship Programme offer PR training for African founders

US public relations (PR) company C Moore Media is calling on African female founders to apply to a public relations (PR) and communications mentorship…

Covid-19 and African tech startups roundup [22/06/2020]

In a ruling on Friday (19 June), The Gauteng High Court in Pretoria described as too vague, the Department of Small Business Development’s use…

Eating-out app Feastfox launches new platform in Seattle, after SA co-founder relocates to US

The SA co-founder of eating-out app Feastfox has relocated to the US and last week launched a new web-based platform to provide restaurant recommendations…

Covid-19 and African tech startups roundup [19/06/2020]

Talks are in progress to overhaul South Africa’s Covid-19 loan guarantee scheme, which aims to support small firms, but has struggled with low take-up….

Covid-19 and African tech startups roundup [18/06/2020]

President Cyril Ramaphosa last night announced that level 3 lockdown restrictions would be further eased, allowing hotels, restaurants, cinemas and personal care services such…

Lori Systems, Twiga Foods included on WEF’s 100 New Technology Pioneers list

Kenyan tech startups Lori Systems and Twiga Foods have been included on the World Economic Forum’s (WEF) 2020 Technology Pioneers list which includes 100…

Covid-19 and African tech startups roundup [17/06/2020]

The SA government plans to allow more sectors of the economy to open under the level 3 lockdown restrictions. This, as Startupbootcamp and UK-South…

Sanofi announces five winners of AfricaTech Healthcare Challenge

Global pharmaceutical company Sanofi has announced the five winners of its AfricaTech Challenge, following an online finals which took place last week. It follows a…

Covid-19 and African tech startups roundup [15/06/2020]

Investments in East African based tech firms have plummeted as the Covid-19 pandemic has taken hold, a new report has revealed. This, as Cape…

Covid-19 and African tech startups roundup [12/06/2020]

UPDATE (12 June 2020): Insupply founder Tamir Shklaz told Ventureburn subsequent to the publication of this roundup that while Techstars’ Yossi Hasson and ParcelNinja’s…

Covid-19 and African tech startups roundup [11/06/2020]

Cape Town based non-profit Reconstructed Living Labs (RLabs) plans to support 40 000 youth, and their families, through its Zlto app. The app rewards…

How agritech can save SA’s smallholder farmers [Sponsored]

South Africa’s agricultural sector is dualistic, characterised by a highly commercial sector running parallel to a smallholder sector of two million dominated by black…

Applications open for HiiL Innovating Justice Challenge 2020

The Hague Institute for Innovation of Law (HiiL) Southern Africa is looking for startups that are developing sustainable, scalable solutions to pressing justice needs…

Covid-19 and African tech startups roundup [10/06/2020]

A number of small businesses in South Africa’s ICT sector are struggling to secure coronavirus relief funding and financial aid from the government. This,…

SA startups called on to apply for Annual Investment Meeting Virtual Pitch Competition

Applications are now open for SA high-growth startups to apply to the Annual Investment Meeting Virtual Pitch Competition. The winner of a local virtual…

Orange Digital Ventures launches seed challenge to invest €500k in seven startups

Seven startups from Africa and the Middle East will be able to land investment of between €50 000 and €150 000 through a new…

Load shedding: Eskom announces Stage 2 amid cold front

Track SA’s ‘massive cold front’ with this tool

Black tech company sets sail in SA tech sector

Inside the unified fibre network project currently taking place in Lagos

Gold is about to hit its highest price in history

Minecraft esports league for Curro school learners

Samsung Galaxy Note 20 to be unveiled in August?

How to disinfect your phone safely

Reborn ‘Defender’ : Ineos Grenadier confirmed for SA

New VW Tiguan confirmed for South Africa

RS Trophy is the most expensive Renault yet