Startup news

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…

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…

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…

Jumia Taps Mirakl Ads to Supercharge Retail Media Across Its African Marketplace

Samsung Galaxy Z Fold7: Raising the Bar for Smartphones

Absa’s AI Clone of Fifi Peters Pushes Banking Into a Bold New Future

Ecentric and MoneyBadger Partner to Bring Bitcoin Payments to South African Retailers

Cape Town Creatives Can Now Work for Free at Africa’s First Creative-Tech Hub

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

TDK enhances IMUs for extreme temps

Data centres and defence are reviving diesel

The most recognisable tactical pickup truck evolves