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#AfricaMonth

Not just cash: what else can investors offer your startup?
Not just cash: what else can investors offer your startup?

A major concern for many African tech startups is fundraising, but should investors bring more than just cash to the table?

By Tom Jackson 1 day ago

Orange Digital Ventures funds Africa's Talking
Orange Digital Ventures funds Africa's Talking

The Orange Group's new investment fund for Africa, Orange Digital Ventures Africa, has invested in API platform Africa's Talking by helping raise $8.6m alongside the IFC World Bank and Social Capital...

3 May 2018

CoinAfrique app makes its mark in francophone Africa
CoinAfrique app makes its mark in francophone Africa

Tech startup, CoinAfrique, which claims to be the most downloaded classifieds app in francophone Africa, has garnered €2.5m from several investors in its first round of venture capital financing...

19 Apr 2018

Ghanaian startup crowned 2018 Seedstars Global Winner
Ghanaian startup crowned 2018 Seedstars Global Winner

Ghanaian startup, AgroCenta, was crowned the 2018 Seedstars Global Winner at the fifth edition of the Seedstars Summit which took place on Thursday, 12 April 2018...

16 Apr 2018

20 out of 65 Seedstars Summit finalists from Africa
20 out of 65 Seedstars Summit finalists from Africa

With the Seedstars World Summit taking place on Thursday, 12 April 2018, the organisers have announced the final 65 finalists that will get the chance to pitch their ideas on the global stage. 20 out of the 65 finalists are from Africa...

By Ilse van den Berg 11 Apr 2018

Mags Ponnan, head of the business incubator, FNB Business
Five points to ponder for startups looking for funding

Fact: Most startups fail within the first five years of operations...

10 Apr 2018

SA machine learning startup DataProphet secures Knife Capital funding
SA machine learning startup DataProphet secures Knife Capital funding

Cape Town-based machine learning startup DataProphet, which develops and implements product development solutions to a wide range of industries, has now received a multi-million dollar funding round from Knife Capital...

By Tom Jackson 23 Mar 2018

Not all African startups need VC money
Not all African startups need VC money

Not all African tech startups will feel the need to raise VC funding, but those that do must ensure they are adequately prepared for what is a lengthy process.

By Tom Jackson 21 Feb 2018

Kenya's Mondo Ride takes home $2m funding
Kenya's Mondo Ride takes home $2m funding

Kenyan ride-hailing startup Mondo Ride has secured $2m in funding from investors in the United Arab Emirates (UAE) and Egypt to help it expand across the continent...

By Tom Jackson 1 Feb 2018

Partech Ventures launches $70m Africa VC fund
Partech Ventures launches $70m Africa VC fund

Partech Ventures has announced the launch of its Partech Africa fund, which has secured over €57 million ($70 million) toward its target size of €100 million ($122 million)...

By Tom Jackson 22 Jan 2018

François Dossa
Renault-Nissan-Mitsubishi's Alliance Ventures to invest $1bn in startups

Automotive alliance, Renault-Nissan-Mitsubishi, has launched a new corporate venture capital fund that plans to invest up to $1bn to support open innovation over the next five years...

17 Jan 2018

Investment into African tech startups hit record high in 2017
Investment into African tech startups hit record high in 2017

Investment into African tech startups hit the highest levels since records began in 2017, with 159 startups raising in excess of $195 million...

17 Jan 2018

10 lessons from a successful crowdfunding campaign
10 lessons from a successful crowdfunding campaign

After about 45 days of extreme effort, intense co-ordinating, crazy ideas and good luck, we managed to complete the most successful rewards-based crowdfunding campaign in South Africa to date with Sugarbird Gin...

By Rob Heyns 16 Jan 2018

Startupbootcamp Cape Town's top 10 startups sign 32 deals
Startupbootcamp Cape Town's top 10 startups sign 32 deals

The Startupbootcamp cohort showcased its top 10 startups, selected from a pool of 514 applicants, to global investors, sponsors, and partners at its first Africa-based demo day...

6 Dec 2017

Retail Capital is awarding a brand makeover to one lucky SME
Retail Capital is awarding a brand makeover to one lucky SME

Retail Capital is giving SMEs an opportunity to win a makeover to build their brand with an investment of R250,000...

30 Nov 2017

Winners of AfricArena startup pitch battles
Winners of AfricArena startup pitch battles

The first AfricArena took place this week and welcomed over 450 delegates, 100 entrepreneurs, 80 startups, 22 exhibitors, 42 speakers, 67 investors It also witnessed more than 40 live startup pitch battles.

9 Nov 2017

Savca releases 2017 Venture Capital Success Stories report
Savca releases 2017 Venture Capital Success Stories report

The Southern African Venture Capital and Private Equity Association's 2017 Venture Capital Success Stories report highlights the role that venture capital plays in supporting South African business...

2 Nov 2017

Providing professional business advice to SMEs, all under one umbrella
Providing professional business advice to SMEs, all under one umbrella

The newly launched First Business Wellness Association aims to make life for SMEs a little easier by offering access to a network of necessary business services they may not otherwise be able to afford...

By Neil Smith, Issued by First Business Wellness 25 Oct 2017

Photo by Annie Spratt on Unsplash
Cape Town drone company UAV Industries raises $499k

Cape Town-based drone operator UAV Industries has raised R6.84m ($499,000) in funding from Glenheim Venture Capital Company, the first direct investment made by Glenheim's Section 12J fund...

By Tom Jackson 24 Oct 2017

Image supplied.
#EntrepreneurMonth: Starting up the Girl Boss Hustle with Akro Capital

Janine Basel, CEO of Akro Capital, shares how the phenomenon of very few female entrepreneurs approaching them for funding led to the formation of their Girl Boss Hustle events...

By Leigh Andrews 19 Oct 2017

#MeetTheInvestor: Duncan Goldie-Scot
#MeetTheInvestor: Duncan Goldie-Scot

Duncan Goldie-Scot does not have the profile of a typical investor in African tech startups...

By Tom Jackson 17 Oct 2017

AfricArena tech innovation conference kicks off next month
AfricArena tech innovation conference kicks off next month

AfricArena, described as the largest tech innovation conference for startups and investors hosted on African soil, will take place from 6-7 November 2017 at the Century City Conference Centre...

11 Oct 2017

Photo by Alejandro Escamilla on Unsplash
Global firms bet on Indonesia as next startup frontier

Big-name investors including Expedia and Alibaba are pumping billions of dollars into Indonesian tech startups in a bid to capitalise on the country's burgeoning digital economy...

11 Oct 2017

Business of Design speaker Q&A: Yehuda Raff
Business of Design speaker Q&A: Yehuda Raff

Business of Design (BoD) is back with a speaker lineup of note. The two-day seminar is held annually in Cape Town and Johannesburg during October and doesn't just focus on design in itself but has a much broader vision for the field in all areas of business...

By Jessica Tennant 6 Oct 2017

Ventureburn 2017 Startup Survey kicks off
Ventureburn 2017 Startup Survey kicks off

Following the success of the 2015 Ventureburn Startup Survey, the second survey of its kind is looking again to uncover the nuts and bolts of the startup sector...

3 Oct 2017

Seedstars announces Senegal finalists, heads to Cameroon
Seedstars announces Senegal finalists, heads to Cameroon

Today, Friday, 22 September, nine of Senegal's most promising seed-stage startups will compete to represent the country at the regional and global Seedstars Summits...

22 Sep 2017

#InnovationMonth: Hit the 'sweet spot' and you'll get your investors
#InnovationMonth: Hit the 'sweet spot' and you'll get your investors

The SA Innovation Summit was an explosion of, well, ideas and innovation. One talk that particularly intrigued me was one by Tmara (Target Market Adoption Risk Assessment)...

By Ilse van den Berg 14 Sep 2017

Oscar Siziba, Absa managing executive in Limpopo, Mpumalanga, Pretoria; Tshepo Seeta, eSpaza Sum managing director and founder; Anastasia Mathabathe, spaza owner and Tony Ferreira, operations director, Big Save.
Absa invests R10,5m in spaza development

An investment by Absa Bank aims to transform spaza shops into sustainable businesses, able to compete with mainstream retailers...

31 Jul 2017

#StartupStory: Spatialedge
#StartupStory: Spatialedge

In this week's #StartupStory, we chat to Retief Gerber, CEO of Spatialedge - a geospatial data insights and marketing company...

By Ilse van den Berg 28 Jul 2017

Nefrids Africa wins Seedstars Tanzania round
Nefrids Africa wins Seedstars Tanzania round

Nefrids Africa has won the Tanzania round of Seedstars World and will represent Tanzania at the Seedstars Summit in Switzerland to compete for up to $1m in equity investments and other prizes...

25 Jul 2017

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