Ventureburn

21-year-old Congolese entrepreneur Yannick Kimanuka wins $25k in 2019 Anzisha Prize

Yannick Kimanuka, a 21-year-old Congolese entrepreneur, has emerged the winner of the 2019 Anzisha Prize, walking away with $25 000 in funding. Kimanuka (pictured…

AfriLabs expands network to 174 hubs with inclusion of 20 new members

AfriLabs, an organisation that supports technology and innovation centres across Africa, has announced that it has added 20 new hubs to its network. The…

Ocean Innovation Africa 2019 to bring together tech startups, players in sea protection

OceanHub Africa, which claims to be the first African ocean-impact catalyst, will next month host a one-day event in Cape Town, which aims to…

Former Fo-Sho CEO still smiling, despite over R8m investors lost when startup shut down [Updated]

UPDATE (24 October): Constantia CEO Volker von Widdern told Ventureburn subsequent to the publication of this story that the insurance company had taken the…

Edtech iStudy wins Seedstars Tripoli as two startups tie for third place

Libyan edtech startup iStudy has won Seedstars Tripoli. The pitching event, run by Swiss emerging markets competition Seedstars was held on Sunday (20 October)…

Applications for LaunchLab coding school close this Friday

Stellenbosch based incubator LaunchLab in partnership with the University of Botswana has launched a coding school and is calling on students to apply as…

Six key strategies to reduce cart abandonment

When it comes to ecommerce, reducing cart abandonment is critical to increase sales and revenue. The industry norm for abandoned carts is an astonishing…

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…

Flow Unveils World’s First Shoppable Audience Marketplace – A Fintech-Led Revolution in Digital Targeting

In what could be the biggest disruption to audience targeting since cookies began to crumble, South African commerce media startup Flow has officially launched…

Cape Town VC firm HAVAÍC secures $25m second close to power next wave of African tech startups

HAVAÍC, a leading venture capital firm headquartered in Cape Town, has announced the second close of its $50 million African Innovation Fund 3, bringing…

Binance Pay Unlocks Everyday Crypto Spending in South Africa

Crypto is no longer just for traders and hodlers. With Binance Pay now live across South African online stores through partnerships with Peach Payments…

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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