Startup news

Report reveals MENA tech startups raised $1-billion in 2020

A report conducted by MAGNiTT, the largest venture data platform that tracks startup investments in emerging markets has indicated that startups in the MENA…

Cape Town tech startup creates ‘Airbnb’ for film locations

Cape Town-based tech startup, Filmspace has created an innovative and easy-to-use marketplace for the local film industry. Filmspace is the ‘Airbnb’ for the film…

Cape Town named one of world’s Best Cities For Remote Work

The Mother City has been heralded yet again, earning the 42nd position on Big 7 Travel‘s illustrious list of 50 Best Places For Remote…

SA edtech becomes country’s first registered play-focused preschool franchise

Play Sense, a local edtech startup has secured government accreditation, making it the first registered play-focused preschool franchise in the country. This ground-breaking edtech…

German security startups expands footprint in SA

SEON, a German security startup has secured R55-million in funding from numerous private investors through a German government-funded venture. SEON plans to invest the…

Nigerian fintech startup announces new focus

Lagos-based fintech, TeamApt, a company that provides digital financial solutions and payment infrastructure has announced a shift in focus from delivering financial services products…

New programme for SA women-owned GreenTech startups launches

The UK-South Africa Tech Hub in partnership with Future Females has launched a new programme aimed at supporting 30 South African female founders of…

LifeQ announces it’s working with B-Secur to develop tech solution

Biotech startup LifeQ has announced that it is working with Belfast based B-Secur to offer an advanced, integrated Electrocardiogram (ECG) and optical (PPG) based…

Covid-19 causes 32% revenue decline in local startup sector

An investigation conducted by Atlas VPN found that 40% of startups globally experienced 40% and more revenue decline due to the Covid-19 pandemic. Atlas…

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…

Covid-19 and African tech startups roundup [24/06/2020]

South Africa’s unemployment rate for the first quarter increased to 30.1%, the highest rate in the past decade. The rate is expected to rise…

Inclusive Fintech 50 initiative opens call for 2020 edition

Inclusive Fintech 50 is now open for applicants. The initiative aims to identify 50 innovative fintech startups driving financial inclusion and resilience for the…

Outcry from Shopin investors as court finalises judgement in SEC case against Eran Eyal

Investors that took part in convicted SA entrepreneur Eran Eyal’s $42.5-million Shopin initial coin offering (ICO) are up in arms over a US court’s…

Habana scores another try, as Retroactive launches sports promotions app

Springbok rugby player Bryan Habana seems to be as busy off the field, in the world of business, as he was on the field…

Covid-19 and African tech startups roundup [23/06/2020]

President Cyril Ramaphosa says South Africa needs entrepreneurship and investment to recover from the economic fallout of the coronavirus pandemic. This, as SA food…

Protection of Personal Information Act sections come into effect

After years of delays, President Cyril Ramaphosa has announced that additional sections of the Protection of Personal Information Act (PoPI) — which protects the…

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…

Broadband Africa Forum 2024

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