Ventureburn

Nedbank denies it stole patent from Gugulethu entrepreneurs

Nedbank has “categorically” denied that it infringed on the commercial rights of two Gugulethu entrepreneurs relating to their patent. On Tuesday (18 June) Thandile…

Nigeria’s MDaaS Global closes its $1m seed round

Medtech startup MDaaS Global today announced that it has closed its $1-million seed round, raising $1 030 000. It follows a report by Ventureburn…

AlphaCode extends application deadline for incubator initiative for black startups to 24 June

AlphaCode has extended the deadline for Alphacode Incubate — an incubation programme aimed at black fintech startups — to next Monday (24 June). The initial deadline…

Silvertree exits CompareGuru in sale to SA’s SureStart

Online insurance distribution company SureStart today announced that it had acquired CompareGuru, an independent insurance comparison platform, from SA investment company Silvertree Internet Holdings. SureStart claims…

Egypt’s Eksab secures ‘six-figure’ investment from 500 Startups

Cairo-based daily fantasy sports platform Eksab has announced that it has secured a “six figure” seed investment from venture capital (VC) firm 500 startups….

‘Not easy to classify whether a startup is African because of globalisation’

We have all at some point in our lives heard the popular maxim that numbers never lie. Numbers — particularly statistics on how much…

Africa50 Innovation Challenge seeks innovators to boost internet access

Infrastructure investment platform Africa50 has launched an innovation challenge aimed at helping increase access to affordable and reliable high-speed internet in under-served areas on the…

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…

Investors Finding Their Way Back to the Kenyan Market

After weathering a series of economic challenges over the past few years, Kenya is once again capturing the attention of global investors. With a…

African VC Market Rebound

The venture capital landscape across South Africa and the broader African continent is entering a period of cautious recovery and renewed opportunity, following two…

South Africa’s MSMEs Still Locked Out of Funding – New Report Calls for Radical Reform

South Africa’s smallest businesses are doing the heavy lifting – but they’re still being left behind. A new report by Finfind, in partnership with…

Africa Bridge Fund seeks to build a thriving Africa tech ecosystem

The Africa Bridge Fund wants to change how tech ecosystems are built. Its founders, Kevin Dillon and Frank McCosker, are not seeking to replicate…

MortgageMarket and EasyEquities partner to launch EasyMortgages, unlocking a new era in home loan access for South Africans

MortgageMarket has partnered with investment pioneer EasyEquities to launch EasyMortgages, a fully digital, consumer-first home loan solution now integrated directly into the EasyEquities platform….

ASUS and AMD Launch AI-Driven Expert P Series PCs for South African SMBs

South Africa’s AI PC revolution is officially underway. ASUS, in partnership with AMD, has unveiled its 2025 Expert P Series lineup — a full…

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…

SA-born AURA raises €13.5m (R270m) Series B to take on US emergency response market

South African emergency tech startup AURA has secured €13.5 million (~R270 million) in Series B funding, marking a major milestone in its mission to…

EmpowaEntrepreneurs 2025 Targets Africa’s High-Growth Founders and Investors

South Africa is set to host one of the continent’s most anticipated gatherings for entrepreneurs and investors — the EmpowaEntrepreneurs Funding Summit, taking place…

Outcomes-Based Funding Delivers Real Jobs for SA Youth – A New Model for SME-Led Growth

A new outcomes-based employment model is quietly reshaping how South Africa tackles youth unemployment — and it’s delivering results. The Jobs Boost Outcomes Fund,…

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