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The Top African Regions Set to Become Startup and Investment Hubs
On the back of Cape Town being recognised as the tech capital of Africa, topping international rankings for foreign direct investment strategy, Ian Lessem, Managing Partner at HAVAÍC – investors in early-stage, high-growth technology businesses – says several other African…
AgriTourZA is Rewarding R100,000 to Limpopo’s Top Technopreneurs and Innovators
On June 29th, many hopeful tech-entrepreneurs walked into the lion’s den to pitch their business ideas to a panel of judges during AgriTourZA’s Limpopo Innovation Platform Demo Day. AgriTourZA’s Limpopo Innovation Platform is an innovative start-up programme that sets out…
There Are More Fintech Startups in Africa Now Than Ever Before
Africa’s fintech sector is growing and maturing, with more startups active in the space than ever before, platforms increasingly offering a variety of services, and investment and acquisitions taking place to an unprecedented degree. Every two years since June 2017,…
Startup “Unicorns” Help Mobile Money Soar in Africa
A recent GSMA report reveals that there are 1.2 billion registered global mobile money accounts. 560-million of these registered accounts are in Africa. The GSMA, which represents several mobile network firms, states that “Sub-Saharan Africa has been at the forefront…
Kenyan Food Delivery Startup Secures $1-Million Pre-Seed Ahead of August Launch
Upcoming Kenyan food delivery startup Kune has closed a pre-seed funding round at $1-million in investments. The startup, which seeks to prepare and deliver freshly-made, ready-to-eat meals at affordable prices, will look to use the capital boost to scale its…
INTERVIEW Africa’s Business Heroes Awarding $1.5-Million to Africa’s Next Top Tech Entrepreneurs
The worldwide pandemic has spurred digital transformation across the African continent. Tech is booming in Africa, it is all too clear to see. Now more than ever, driven African entrepreneurs and startup founders are innovating new waves into the ocean…
Cape Town Tech Startup Secures $14.5-Million More in Funding
Cape Town-founded mobility tech startup WhereIsMyTransport has secured a total of $14.5-million during a Series A extension round to continue its expansion. This is in addition to the R42-million ($3.09-million) in funding it received from South African media mega power…
4 Fresh Venture Capital Trends Shaping New African Investments
With the second half of 2021 approaches and COVID-19 vaccinations roll out across the globe, albeit at varying rates, Ian Lessem, Managing Partner at HAVAIC, investors in early-stage, high-growth technology businesses, considers the trends making an impact on the African…
How Blockchain and Crypto Can Lessen Financial Exclusion in Developing Countries
While the COVID-19 crisis has reversed the recent global poverty reduction, according to the UN and other experts, it has also sped up financial inclusion via mobile financial services apps provided by crypto, blockchain and FinTech startups. Many people worldwide…
9 out of 10 Kenyan SMEs Use M-Pesa for Payments, via New Survey
A new survey conducted by Amethyst Consultants on SME perceptions of banking products in Kenya showed that up to 95% of SMEs (9 out of 10 companies) in the country use M-Pesa, Vodafone’s mobile money service, according to Business Daily…
5 Cybersecurity Trends to Watch in 2021
In 2020, the world changed overnight in response to the COVID-19 pandemic. As more organisations adopted and accelerated digital strategies – and with most of us relying on the internet to go about our everyday life – cybercriminals were presented…
INTERVIEW: Changing the Face of Investments in South Africa with Franc
After working in Discovery’s R&D lab and being exposed to a broad spectrum of financial services, Thomas Brennan – CEO of Franc, a digital startup that makes investing easy for everyday South Africans – couldn’t understand why only 5% of…
Security Flaw in Health Startup Exposed User Accounts and Medical Information
LogBox, a South African medical data startup that claims it is an “absolutely secure” way to replace paper forms and documentation in sharing patient data with doctors, has allegedly exposed user accounts and sensitive patient data following a lapse in…
HealthTech Startups in Africa Reach All-Time High
There are currently 180 actively operating health-tech focussed startups across the African continent, according to the High Tech Health: Exploring the African E-health Startup Ecosystem Report 2020 report, released by Disrupt Africa. According to the report, this number of startups…
South African Fintech Supports Essential Purchases Using Bitcoin
South African fintech, Centbee has launched a new feature in its Bitcoin wallet that allows users to purchase prepaid electricity, airtime and data. How to use Centbee to buy essential services with Bitcoin: South African Centbee users will find a…
How Startups Will Impact the Real Estate Industry
These days, most entrepreneurs are opting to use co-working spaces as opposed to renting out traditional offices and committing to leases. This means that there is a growing opportunity for people who want to provide these co-working environments in what’s…
