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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

#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

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

#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

#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

#StartupStory: Abe AI
#StartupStory: Abe AI

We interview Rob Guilfoyle, founder of Abe AI which designs artificial intelligence solutions for the banking industry...

By Ilse van den Berg 19 Jul 2017

#StartupStory: Flexpay
#StartupStory: Flexpay

In the #StartupStory spotlight this week is Flexpay: a product created in response to the high demand in the market for purchasing goods via piecemeal payments...

By Ilse van den Berg 19 Jun 2017

#StartupStory: Avenews-GT
#StartupStory: Avenews-GT

All the way from Israel to Cape Town, our second Barclays Accelerator 2017 Africa #StartupStory is that of Avenews-GT - a digital trading platform based on blockchain technology aiming to modernise agricultural trade...

By Ilse van den Berg 8 Jun 2017

#StartupStory: FOMO Travel
#StartupStory: FOMO Travel

With the Barclays Accelerator 2017 Africa programme well underway, we chat to our first startup, FOMO Travel, about how the business is making travel affordable and debt free...

By Ilse van den Berg 31 May 2017

Yoco's CEO Katlego Maphai
Yoco raises funding for expansion

South African fintech startup Yoco, which allows small businesses to accept card payments, has raised an undisclosed amount of funding...

By Tom Jackson 3 Mar 2017

Samsung launches $150m early-stage startups fund
Samsung launches $150m early-stage startups fund

Samsung has launched its Samsung NEXT Fund, a $150 million venture capital investment fund aimed at supporting early-stage startups globally...

By Tom Jackson 11 Jan 2017

#InnovationMonth: wiGroup CEO attends Endeavor International Selection Panel as winner of FNB Business Innovation Awards 2016
#InnovationMonth: wiGroup CEO attends Endeavor International Selection Panel as winner of FNB Business Innovation Awards 2016

As overall winner of the FNB Business Innovation Awards for 2016, Bevan Ducasse, founder and CEO of wiGroup, was sponsored a trip to the Endeavor International Selection Panel in Boston earlier this month...

By Jessica Tennant 30 Sep 2016

Three things you can do to improve your odds of getting small business loans
Three things you can do to improve your odds of getting small business loans

Startup financing is often the holy grail of entrepreneurs and it takes a high degree of commitment to your idea to go through the rollercoaster ride of raising financing for a startup...

By Boris Dzhingarov, Issued by Monetary Library 19 Jul 2016

Emilian Popa.
Image credit:
[eCommerce Africa Confex] Investing in e-commerce

The total amount of growth funding globally is $12 billion, but only $200 million is invested in tech start-ups in Africa, so the continent is still very small proportion of global market...

By Nicci Botha 18 Feb 2016

Tetiana Vitsenko via
[BizTrends 2016] Five finance sector forecasts for 2016

From collaboration with fintech startups to more personalised client services, digital technology dominates trends...

By Nicci Botha 18 Jan 2016

Opening the doors to finance for SMEs
Opening the doors to finance for SMEs

On a continent where traditional jobs are scarce, building a strong base of entrepreneurs and small- and medium-size enterprises (SMEs) seems like the logical solution. But lack of access to finance remains a primary reason why these enterprises don't succeed...

By Nicci Botha 25 Nov 2015

[SA Innovation Summit] Emerging companies insights: Where do we stand?
[SA Innovation Summit] Emerging companies insights: Where do we stand?

In a good news, bad news scenario, people would rather hear the bad news first. And in the case of emerging entrepreneurial businesses in South Africa, local is not so lekker, say Maija de Riijk-Uys and Alexandra Fraser of PwC Accelerator and Silicon Cape respectively...

By Nicci Botha 27 Aug 2015

Alternatives to bank loans for financing small enterprises
Alternatives to bank loans for financing small enterprises

If you're a South African entrepreneur or small business owner looking for financing to start or expand a business, you have probably become accustomed to banks and venture capital firms slamming the door in your face.

By Steven Cohen 31 Oct 2014

Brett Bowes
Tell the new Minister of Small Business Development what small business needs

The creation of a Small Business Development Ministry under Lindiwe Zulu has received a positive response.

By Brett Bowes 5 Jun 2014

Genuine enterprise development helps businesses grow
Genuine enterprise development helps businesses grow

Research shows that the most stable economies in the world, including Switzerland, Finland and Singapore, share a common trait - they have invested heavily in developing the SME sector in their respective nations. As a result of their special focus on helping small businesses to grow, they have managed to encourage innovation, create more jobs and decrease their crime and poverty levels.

By Abram Molelemane and Anton Ressel 27 Nov 2013

Erika van der Merwe
Getting innovative about funding

South Africa's young yet lively venture capital ecosystem is building momentum, with the increased availability of funding mechanisms for innovation being one important driver of this growth.

By Erika van der Merwe 27 Sep 2013

Anton Ressel
The rise of the pre-tenders

The next generation of tenderpreneurs is waiting in the wings, and we should all be very worried.

By Anton Ressel 26 Sep 2013

Erika van der Merwe
Getting innovative about funding

South Africa's young yet lively venture capital ecosystem is building momentum, with the increased availability of funding mechanisms for innovation being one important driver of this growth.

By Erika van der Merwe 19 Sep 2013

Anton Ressel
No shortage of money

So why is accessing finance such a challenge for most SA businesses? Non-profits and social enterprises seem to be taking particular strain.

By Anton Ressel 7 Nov 2012

No shortage of money
No shortage of money

Why is accessing finance such a challenge for most SA businesses? A recent snap survey by enterprise development specialists Fetola, showed that 93% of small businesses are uncertain about where and how to access finance.

By Anton Ressel 20 Aug 2012

Gigaba: Please don't tell us how to spend our money
Gigaba: Please don't tell us how to spend our money

If some person, not a 'friend' or 'someone special', started telling me how to spend my money I'd probably tell them to get stuffed and to use goose down for the stuffing.

By Paddy Hartdegen 16 Apr 2012

Issa Sikiti da Silva
SA to host 2012 International Small Business Congress

The global small business fraternity - from America, Europe and other parts of the world - will convene next year at the Sandton Convention Centre in Johannesburg from 15-18 September for the annual International Small Business Congress (ISBC), the organisers announced late last week.

By Issa Sikiti da Silva 19 Sep 2011

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