Ventureburn

Egypt’s MoneyFellows lands $4m Series-A deal

Egyptian fintech platform MoneyFellows has secured $4-million in a Series-A investment from venture capital (VC) firms Partech and Sawari Ventures, as it works towards…

Top startup web events in South Africa, Africa you should know about this week [22/06/2020]

On Thursday (25 June) Grovest takes a look at alternative assets. In conversation will be Grovest CEO Jeff Miller, Onchain Capital founder Ran Neuner,…

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…

VC4A calls on scale-ups to pitch for up to $10m at 2020 Venture Showcase Series A

African startup funding platform VC4A is calling for African scale-ups looking to raise between $500 000 and $10-million to sign up to its Venture…

SA animation studio Triggerfish to open office in Ireland

Triggerfish, the SA animation studio behind Netflix’s first Original animated TV series from Africa, plans to open its first international studio in Galway, Ireland….

This entrepreneur shows how young business owners can make a difference

Growing up Bulelani Njobe spent a lot of time with his grandmother who owned a store in Langa township in Cape Town and that…

Analytics Intelligence wants to help African companies better understand customer data

Nigeria’s data analytics market is relatively young and unready. Part of the problem is that the use of data for customer insight has not…

Innovate47 Launches Global Food & Agri Accelerator to Back Climate-Smart Startups

Innovate47, the global venture builder and entrepreneur support organisation, has launched a new Food & Agri Accelerator to help founders reshape food systems and…

Simbi Wabote’s 10-Year Roadmap: How Nigeria Achieved 54% Local Content Growth

When Simbi Wabote assumed leadership of Nigeria’s Content Development and Monitoring Board (NCDMB) in 2016, he inherited an oil industry where local participation had…

Records Tumble In Best Year Yet For South Africa’s Hedge Fund Industry

South Africa’s hedge fund industry closed out 2024 with its strongest performance to date, according to the latest Novare Hedge Fund Survey. Assets under…

REdimension Capital closes R250m property tech and sustainability fund

REdimension Capital has announced the final close of its Real Estate Technology & Sustainability Fund I, with aggregate commitments surpassing R250 million. The fund,…

Why the ‘Ego Tax’ is Costing Your Business

In boardrooms around the world, a silent cost is eating into business performance. It’s not market disruption, tech upheaval, or economic uncertainty. It’s ego….

South African Women Entrepreneurs Get It Right

Forget the pivot-happy, VC-addicted startup circus. Forget the “we’re Uber but for dogs” mentality that’s infected entrepreneurship like a particularly virulent strain of intellectual…

Fintura Heads to Silicon Valley After Winning SA Startup World Cup

A South African fintech startup is headed to the global stage. Fintura, an AI-powered accounting platform for professionals, has won the South African chapter…

Capitec and Mama Money Launch Fintech Partnership to Empower Migrant Workers Across Africa

South Africa’s largest digital retail bank, Capitec, has partnered with remittance fintech Mama Money to radically lower the cost of sending money across borders…

AfriLabs’ 2024 Impact Report Charts Path to $1 Trillion Digital Economy

In a tough funding climate, Africa’s largest network of innovation hubs has bucked the trend. AfriLabs, now spanning 514 hubs in 53 countries, directly…

Why 3 Out of 4 South African SMEs Still Can’t Raise Capital

World SME Day on 27 June is supposed to be a celebration of entrepreneurial grit. But for most small businesses in South Africa, it…

Huawei Cloud and Elenjical Solutions Partner to Accelerate Financial Digital Transformation in Africa

As Africa’s financial sector races toward digital transformation, one thing remains clear: legacy infrastructure is still a massive drag on progress. Now, Huawei Cloud…

Five Ways to Back South Africa’s Young Entrepreneurs

Youth unemployment in South Africa remains one of the country’s most urgent socio-economic challenges. Yet, the solution many continue to champion is also one…

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