Ventureburn

SA startup Healthcent nets R8m investment from Allan Gray, Umkathi Wethu Ventures

SA healthtech startup Healthcent announced today that it had secured R8-million in seed funding from black empowered holding company Umkhathi Wethu Ventures and investment firm…

DPO acquires SA’s PayFast in reported multi-million rand deal

Nairobi-based payment services provider the DPO Group has acquired SA payments processing service PayFast in a reported multi-million rand deal. DPO Group announced the acquisition, the…

SA’s first cannabis incubator forced to reschedule workshop after demand hits a high

Africanna Innovation, which claims to be SA’s first cannabis incubator has had to reschedule a Joburg workshop it was to present on opportunities for…

CcHub names 10 startups that will visit Asia in PitchDrive II

Lagos-based innovation centre Co-Creation Hub (CcHub) has announced the names of the 10 African startups that will participate in a tech tour of five Asian…

SA trio behind US-based startup Sortd net funding from HAVAÍC [Updated]

Sortd, a US-based software startup founded by three SA founders, has secured investment from Cape Town based venture capital (VC) firm HAVAÍC. Sortd has developed a…

Experts raise concern over new Section 12J rule that limits deductions for investors

Experts have raised concern over a new threshold for deductions that investors can make under Section 12J of the Income Tax Act, saying it…

Here are the 2019 MIT Inclusive Innovation Challenge Africa regional finalists

The Massachusetts Institute of Technology (MIT) has selected 12 companies to pitch at the Africa regional finals of its MIT Inclusive Innovation Challenge. Through…

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…

Memecoins Outperform All Crypto in 2025 But South Africans Should Tread Carefully

In a tough year for crypto, one sector has bucked the trend: memecoins. According to a Storible x NFTevening study, memecoins are the only…

New MDIF Programme Backs Media Startups Across Southern Africa with Funding and Growth Support

As Southern Africa’s startup economy accelerates, the region’s independent media sector risks falling behind—underfunded, under pressure, and under threat. Enter Amplify Southern Africa, a…

AI Revolution for SMMEs – Opportunities and Legal Pitfalls for South African Startups

Artificial Intelligence (AI) is transforming South Africa’s small, medium, and micro enterprises (SMMEs). By cutting costs, streamlining operations, and opening new markets, AI is…

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…

MTN Group Fintech’s Mandela Day campaign is about much more than hygiene kits

By now, most Mandela Day campaigns follow a familiar script: brief acts of corporate kindness, obligatory photos, and promises to “give back.” MTN Group…

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…

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