Ventureburn

SA startup Mobenzi receives R16m investment from Edge Growth

Andi Friedman is feeling “energised and excited” following a R16-million investment his startup Mobenzi received from the Vumela Fund. Friedman said the Series-A funding served as…

Paygo raises US $1.43-million in Series Seed funding

Kenyan clean-energy provider, Paygo has raised US$1.43-million in Series Seed debt and equity funding. The clean energy provider uses an innovative solution that allows…

Top startup events in South Africa, Africa you should know about this week [24/04/2017]

Looking to get into the South African startup scene or catch up on some of your skills? Well, you’ve come to the right place….

World Bank launches accelerator programme for African digital startups

The World Bank has announced the launch of XL Africa, an acceleration programme aimed at supporting 20 top digital startups from Sub-Saharan Africa. XL Africa…

‘Computicket’s acquisition of Pretoria startup an opportunity to learn more’

Computicket’s acquisition of local company Entry Ninja is an opportunity to take on new technology and to learn more, says the Pretoria startup’s co-founder…

SA downgrade ‘nearly irrelevant’ to startups – Michael Jordaan

South Africa’s downgrade to junk status earlier this month by two rating agencies may have depressed Michael Jordaan, one of the country’s most respected venture…

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…

Mastercard and enza Join Forces to Supercharge Fintech Innovation in Africa

The fintech boom in Africa just received a major infrastructure boost. Mastercard has partnered with enza, a fast-rising payment solutions company, to unlock direct…

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…

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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