Startup news

HAVAIC reaches agreement with Custostech

Following a legal dispute between venture capitalist firm, HAVAIC and Stellenbosch based startup, Custostech, the two parties have reached an amicable agreement. This comes…

Black Friday 2020 breaks eCommerce record

According to online payment processing service, PayFast, Black Friday accelerated online transactions by 50% compared to 2019. PayFast announced a 283% increase in total…

Virtual Hackathon Challenge winners announced

The University of Johannesburg’s Technopreneurship Centre partnered with the Pan African Information Communication Technology Centre (PAICTA) to host a virtual Hackathon Challenge that took place on…

New programme aimed at women-led businesses launches

The leading independent pan-African banking group, Ecobank Group has launched a programme called Ellevate. The new programme is targetted at women-owned and women-focused businesses…

Winners of the hybrid 2020 AfricArena Summit announced

AfricArena, the leading African tech ecosystem accelerator, hosted its annual AfricArena Summit as a hybrid event to encourage entrepreneurship, innovation, and investment during Covid-19….

Startup launchpad programme for Egyptian tech startups launches

One of the leading organisations in Egypt, the IT Industry Development Agency (ITIDA) has collaborated with AUC Venture Lab to create Startup Launchpad. The Startup…

Local fintech entrepreneur wins prestigious award

The 2020 South African Small Business Awards has announced talented entrepreneur Tinu Elenjical as the winner of the prestigious National Fintech Award. Elenjical and…

Covid-19 and African tech startups roundup [06/04/2020]

Correction (6 April 2020): We incorrectly had it that Kuda had raised $1-million for its Covid-19 fund. The amount is actually in naira. Sorry….

Female founders called upon to apply for LeadTech Incubation Programme [Updated]

UPDATE (23 April 2020): In light of the ongoing developments and challenges around Covid-19, Awief has extended its deadline for applications for its LeadTech…

Russia’s StudyFree named the winner of Seedstars World 2020

Russian edtech startup StudyFree has been named the Seedstars World 2020 winner in an online event held by Seedstars this afternoon and walks away…

Covid-19 and African tech startups roundup [03/04/2020]

US based SA entrepreneur and Civic founder Vinny Lingham has been under a lockdown for two weeks now and has been stockpiling food since…

VC4A calls on mentors in and around Johannesburg to take part in virtual programme

VC4A has opened applications to mentors who are keen to take part in a virtual mentor-driven capital programme and are situated in or near…

Covid-19 and African tech startups roundup [02/04/2020]

Finnish development financier Finnfund has invested $1-million in Kasha, an e-commerce platform that provides hygiene and self-care products to women in East Africa, which…

Vital Capital launches debt facility for African startups offering essential services

Swiss headquartered impact investor Vital Capital has announced a new debt facility to provide loans to businesses to help them get through the coronavirus…

Endeavor selects Migo’s Ekechi Nwokah to join organisation

Nigerian Ekechi Nwokah, the CEO of US-based fintech startup Migo is one of seven entrepreneurs to join Endeavor, a non-profit organisation that supports high-impact…

BridgingTheGaps calls on innovators to use lockdown to fix SA’s broken food system

Oribi Village, the Southern Africa Food Labs and the Wakanda Food Incubator have joined forces in the #BridgingTheGaps challenge, to address and reshape how…

Covid-19 and African tech startups roundup [01/04/2020]

SA biotech start-up AzarGen announced yesterday that it is developing a drug that has the potential to help patients suffering from one of the…

Nedbank details how small firms can tap Oppenheimer fund to cover employee wages

The Oppenheimer family have set up a new trust, the SA Future Trust (SAFT), to disburse the family’s R1-billion that it has pledged to…

Covid-19 and African tech startups roundup [31/03/2020] [Updated]

UPDATE (31 March): The roundup has been updated to include that the Oppenheimer family have set up a new trust, the SA Future Trust…

Four startups selected for Founders Factory Africa programme each net over £30k

Corporate-backed accelerator and incubator Founders Factory Africa has announced that it has accepted four new startups to its Venture Scale programme, which kicked off yesterday….

Top three can win share of R150k in prizes in Ayoba virtual hackathon [Updated]

*Correction: The top three teams in the Ayoba hackathon will win a share of a R150 000 prize pool — and not R150 000…

Covid-19 and African tech startups roundup [30/03/2020]

In just a few days SA small businesses and startups can expect more details from financiers Business Partners on how to access funding from…

World Bank launches AG Innovation Challenge to address food security in SADC region

The World Bank Agriculture Observatory, together with Draper University and innovation platform InnMind, are calling on innovators to take part in the AG Innovation…

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