Ventureburn

Meet the young entrepreneur behind Vmedkit, the Nigerian startup backed by Facebook

At just 22 years old, Nigerian Emmanuel Okon is one of a few African innovators who’s founded a startup that’s gone on to get…

Solution Space selects nine startups to join its Venture Exploitation Programme

The UCT Graduate School of Business’ Solution Space has selected nine startups to join its 12-week Venture Exploitation Programme. The programme, which is currently…

Egyptian advertising platform Adzily raises $12.2m

Egyptian indoor advertising platform Adzily has raised a $12.2-million investment from Saudi investment firm Tharawat Holding Company. Adzily uses a network of digital display…

Seed grant of R50k among prizes on offer at YEEP Africa Ideas & Pitch Challenge bootcamp

The Youth Enterprise Exchange Programme (YEEP) Africa’s YEEP Ideas & Pitch Challenge bootcamp kicks off this Friday (29 November) in Johannesburg. One aspiring entrepreneur…

Get ready, Cape Town Startup Week 2019 is just days away

Capetonians get ready. Summer is almost upon us — and Cape Town Startup Week (CTSUW) is just days away. The initiative, primarily by Heavy…

SA proptech HouseMe closes ‘multimillion rand’ round [Updated]

Cape Town based proptech startup HouseMe has closed a third round of multimillion-rand funding — valued at between “R10-million to R20-million”, the startup’s CEO…

Nigerian edtech startup uLesson closes over $3m seed round led by TLcom Capital

Nigerian edtech learning platform uLesson has closed a $3.1-million seed round led by London headquartered TLcom Capital. The startup was launched earlier this year…

SAVCA 2025 Industry Awards Spotlight Africa’s Most Ambitious Private Capital-Backed Innovators

With the nomination deadline fast approaching, the Southern African Venture Capital and Private Equity Association (SAVCA) has issued a final call for entries for…

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

Cape Town-based payments leader Ecentric has announced a strategic partnership with MoneyBadger to bring Bitcoin payments to the forefront of mainstream retail in South…

MzN Unveils AI “Digital Teammate” to Supercharge Small NGO Fundraising

MzN International, a global social enterprise focused on helping mission-driven organisations scale impact, has officially launched the first of four AI-powered “Digital Teammates” designed…

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

A new wave of opportunity has arrived for the city’s creative sector. The timbuktoo Creative Hub, the first of its kind in Africa, has…

SA SMBs are AI-Ready – ASUS Report Shows Local Businesses Are Already Seeing Real ROI

South African SMEs are not just AI-curious—they’re AI-ready. A new report from ASUS, titled the 2025 Future of SMBs, reveals that 77% of South…

Ocellics Reinvents Fund Factsheets with Automation-Driven Platform for Investment Managers

In an industry where speed, accuracy, and trust are non-negotiable, one software company is quietly transforming the way investment managers manage a critical aspect…

AWIEF 2025 Awards Nominations Now Open

Africa’s entrepreneurial energy is surging and it’s women who are leading from the frontlines. With less than a month to go, entries are now…

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…

Novare Holdings anchors R2.8 billion Investment

In a bold move linking African capital with American industrial innovation, Novare Holdings, a leading South African institutional investment firm, has committed to anchor…

Nedbank backs SwiftVEE’s PrysWys to bring fintech to the farm gate

South African agri-tech startup SwiftVEE has secured a strategic collaboration with Nedbank Agribusiness, aimed at streamlining access to agricultural inputs through embedded finance. Under…

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