Ventureburn

Eneza secures investment from US$1-million Spark Venture Fund [update]

Update: the article has been corrected to reflect the funding amount was not US$1-million, but rather a share of it. Edu-tech company, Eneza Education recently secured…

Universal Technology Holdings acquires 51% of MiBRAND

Business solutions based company Universal Technology Holdings (UTH) has acquired 51% of MiBRAND, an app focusing on specials for consumers. The acquisition will allow MiBRAND…

CarZar gets backed by Silvertree Capital

Venture Capital firm Silvertree Capital, who backed PriceCheck and CyberCellar, is now backing second-hand auto-trader CarZar. CarZar is a stats-based auto-trader which prices the vehicle you’re looking…

Peach Payments to expand in Africa, launches new product

Payment processing platform, Peach Payments will be expanding into Kenya and Nigeria in 2016. “We have unlocked a significant barrier to e-commerce in emerging economies….

iKhokha wins 2016 Mastercard Innovation award

South African mobile commerce provider, iKhokha has won the Innovation Award at the Mastercard Innovation Forum which took place in Budapest, Hungry. The Mastercard…

Kenya announces their 10 startups to pitch at Seedstars World

Global pitching event Seedstars World has announced the ten startups to pitch at the next event in Nairobi, Kenya on 7 October 2016. Seedstars…

New career acceleration programme hits Cape Town

The Cape Innovation and Technology Initiative (CiTi) in partnership with the Kingdom of Netherlands and #CocreateSA has launched the TenaCiti Career Acceleration Programme. Ten companies will be…

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…

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….

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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