Startup news

SAB Foundation Tholoana Enterprise Programme graduates create new jobs

According to reports, 68 businesses within the SAB Foundation Tholoana Enterprise Programme collectively recorded a 31% increase in turnover growth, created 169 new jobs,…

Global Startup Awards Africa aims to recognise top innovations

The Global Startup Awards (GSA) Africa has expanded their programme to enable all future-shapers from 55 African Union Member states to participate in one…

Cape Town hosts first online market to support local businesses

The City of Cape Town (COCT) has launched an online market that sells items from informal traders, vendors, and crafters. The City of Cape…

Catalyst Fund releases report on investor due diligence

Global Tech accelerator Catalyst Fund has released a new report on remote due diligence and inclusive opportunities for investors. The company released the report,…

SA food tech startup hits 50 000 downloads

Fomo, a local food app that connects users with specials at restaurants or events has reached its mark of 50 000 downloads in a…

The City of Cape Town launches entrepreneurial challenge

The City of Cape Town’s Social Development and Early Childhood Development Department has launched the #YouthStartCT entrepreneurial competition 2021 on 25 May. The competition…

Mondia Pay expands fintech opportunities with new partnership

Ecommerce brand Mondia Pay has partnered with Vodacom’s M-Pesa financial service to offer the company’s online content on the Vodacom Tanzania network. Customers can…

SA fintech increases SMME funding limit to R2-million

Lulalend, one of the country’s leading B2B digital SMME lenders has, increased the amount of funding it is able to offer to R2-million. Lulalend…

SA tech startup launches free online courses for jobseekers

Local automated recruitment platform, Giraffe has launched several free online courses that are tailored to improving the skills of job seekers to enhance their…

COBRA and SMEgo partner to help SMEs find funding

Covid-19 Business Rescue Assistance and SMEgo have partnered to connect small and medium business owners with a wide range of funding options to keep…

Tech scholarship programme worth R3.5-million to launch

Local edtech startup HyperionDev plans to launch R3.5-million worth of coding scholarships for locals with the assistance of an impact investment opportunity that encourages the…

Cape Town biotech startup developing affordable test for cancer

Local biotech startup BioCODE is currently developing a cost-effective test for cancer and cardiovascular disease. The rapid test aims to identify cancer and cardiovascular…

New digital platform launches to promote digital payment systems across Africa

Mastercard and Network International, a leading enabler of digital commerce in the Middle East and Africa (MEA) region have partnered together to create a…

SA tech startup launches rewards shopping app for locals

South African analytics startup, Brandbook has launched a new app titled Ibottit. The new app enables users to earn points and rewards for uploading…

MultiChoice launches bursary fund worth R26-million

Broadcasting company, MultiChoice has created a bursary fund worth R26-million that aims to assist 236 local students. Applications for the bursary close on 31…

First fully digital bank feed for local SMEs to launch

Small businesses and their financial advisors will soon have access to a first in South Africa, a fully digital API-enabled bank feed. Xero and…

New private equity fund launches for local SMEs

Khumovest, a 100% black-owned and managed financial services firm, and a Level I contributor to Broad-Based Black Economic Empowerment has launched the Khumovest Private…

New tech startups aims to provide affordable groceries for townships

Thrift online, a new South African tech startup has created an innovative new platform that elevates the traditional stokvel business model, digitizing it to…

SA legal tech startup aims to reduce legal bills

A new South African legal tech startup, Legal Lens aims to provide affordable legal fees to companies, state entities, and locals. Legal Lens aims to…

SA startup finalist in Global Startup Awards

Workshop17, a local workspace solutions provider and proudly South African startup has secured the position of a finalist in the Global Startup Awards category for…

New report calls for changes to VC strategy in Africa

Kinyungu Ventures, an East African venture advisory firm has published a white paper, titled Chasing Outliers: Why Context Matters for Early Stage Investing in Africa….

SA fintech partners with TransUnion to increase financial access for locals

Fincheck, a leading local fintech startup has partnered with TransUnion, global information and insights company, to create an easy application process for locals. Transunion partners…

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Novare Holdings anchors R2.8 billion Investment

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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

Luca de Meo and his Renault legacy

Gemini AI to enhance Volvo infotainment

Everest better at exploring than Explorer