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  • ‘Rating platform Hi5 bagging 20 to 40 new clients a month after R2.5m funding’

    Four months after securing R2.5-million in seed funding from Cape Town-based investment fund Getihu, Hi5 CEO and founder Gary Willmott claims the startup is adding an average of between 20 and 40 new clients monthly. "We are just about to go over the the 6000-user mark and have just hit a milestone for the 10 000th Hi5," says Willmott (pictured above), who platform allows staff in workplaces to rate one another. He says the R2.5-million investment deal -- which was concluded in March for a 25% stake in the startup -- will enable the platform to "scale product and business development within South Africa and the region over...

  • Company Office

    Film and Publication Board recognises authority of Press Council to regulate online press content

    Johannesburg: The Film and Publication Board (FPB) has, in principle, recognised the authority of the Press Council of South Africa (PCSA) to regulate online press content published by PCSA members. This follows a meeting last Monday between the FPB and the PCSA, South African National Editors’ Forum (SANEF), and the Interactive Advertising Bureau of South Africa (IAB SA), during which proposed revisions to the structure of the PCSA and the Press Code were presented to the FPB. Participating in a panel debate at the SANEF AGM in Auckland Park on Saturday, FPB CEO Mr. Themba Wakashe endorsed the revised Press...

  • Third annual MEST Africa Summit now underway in Cape Town

    The third annual MEST Africa Summit is now underway in Cape Town. The conference, which kicked off last night, will see investors, corporates and startups discuss the challenges and opportunities for startups as they scale to new African markets. Over 200 attendees from over 40 countries are expected at the summit, which takes place at Avenue Cape Town, a conference venue in the Waterfront, to listen to over 65 speakers. These include among others, MTN CTO Herman Singh, Facebook's Europe Middle East and Africa director of platform partnerships Julien Decot and Merck Accelerator head Munya Chivasa. The last day of the MEST Africa Summit will...

  • Will the Teranga Lions roar and dominate like Senegalese startup CoinAfrique?

    Senegal take on Poland today at 5pm (Central African Time) in their second appearance at a World Cup. In order to make it past the other teams in Group H, Senegal will have to dominate its competitors, much like Senegalese classifieds platform CoinAfrique has. The startup -- which was founded in 2014 by Matthias Papet and Eric Genêtre -- is one of the first mobile marketplaces for French-speaking Africans. With operations in 17 countries across Francophone Africa, and a claimed 657 000 downloads of its app (since the app was launched in 2015) Papet and Genêtre are scaling the platform as fast as Senegal's lightning-quick...

  • As selection date nears 22 shortlisted for Startupbootcamp Cape Town accelerator

    Startupbootcamp (SBC) Africa has announced the names of the top 22 startups selected to attend selections days for the organisation's Cape Town accelerator. This is the final step in the selection process before SBC Africa next month announces the final 10 startups that will take part in its second Startupbootcamp Cape Town accelerator. The acceleration programme kicks off in August. In a statement yesterday (18 June), SBC Africa co-founder and CEO Philip Kiracofe said selecting the finalists had been "an intense process due to the exceptionally high calibre of startups applying to the programme from across the continent". "From 1004 applications we have managed to narrow...

  • Meet Quickloc8: from zero to an MVP demonstrator using R650k TIA grant

    From zero to an MVP demonstrator using R650 000 in seed funding from the Technology Innovation Agency (TIA). That's how the head of Cape Town tech hardware incubator Savant describes Mbavhalelo Mabogo and his startup Quickloc8. Mabogo (pictured above) was one of three startups that were showcased by the incubator during a demo day held last week Thursday (14 June). The three are all supported by the incubator. The two other startups were Intelligent Safe and Jonga. Mabogo founded Quickloc8 in 2015. The startup has produced a real-time vehicle and passenger tracking solution for the taxi industry. "The work that Mbavhi (Mabogo) has done with that R650 000 was amazing, he basically...

  • Startups, looking for money? Don’t try Michael Jordaan he’s now fully invested

    If you're looking for funding from venture capitalist and former FNB head Michael Jordaan you are probably too late. Last month in a blog post of no more than 10 words Jordaan announced that his venture capital firm Montegray Capital is now full invested. "We’re now fully invested – no more applications please." Jordaan told Ventureburn in an email today that the funds are all from the Jordaan family. "For understandable reasons we are not disclosing the amounts but in most cases these were small investments appropriate for businesses with an operating track record of two years or less," he said. Michael Jordaan says...

  • Can Tunisia haul a win? Meet the logistics marketplace that could inspire them

    After three defeats in a row for African startups the pressure will be on Tunisia to bring some cheer to the continent. After all, Tunisia back in 1978 became the first African team to win at a World Cup. Going into the match (which kicks off at 8pm Central African Time today) the Eagles of Carthage seem like the underdogs and will have to push very hard to get a win. If only they could call on logistics marketplace Optimalogistic draw in the heavy hitters. Optimalogistic is a two-year old marketplace for freight trucks and construction equipment Mohamed Ben Slima (featured above, second from left)...

  • Top startup events in South Africa, Africa you should know about this week [18/06/2018]

    This week's highlight is the MEST Africa Summit which kicks off today (18 June) with a drinks reception at MEST's Incubator in Cape Town. The two-day summit will feature talks from some of the leaders and important actors in Africa's tech startup ecosystem. If you're interested in food and mobility solutions and are in Senegal you will want to attend the Dakar Food and Mobility pitch on Wednesday (20 June). In Nigeria one of the biggest events of the week is IBM's Blockchain Session which will explore blockchain use cases. For those in Kenya check out the WhatsGood workshop on data...

  • As the Atlas Lions march into battle, learn how MedTrucks is disrupting healthcare

    Morocco kicks off their 2018 World Cup campaign today at 5pm (Central African Time) when they take on Iran. The Atlas Lions currently on an 18-game unbeaten run and have been wandering the World Cup desert since France 98. Deserts -- that's something MedTrucks founders Jamir Derrouiche (pictured above, right) and Anass El Hilal (pictured above, left) don't shy away from when it comes to providing medical care to patients in remote areas. In 2015 the duo founded MedTrucks, a startup that wants to ensure that patients are never more than 20 minutes away from medical care through its mobile health services. Morocco's MedTrucks goal is...

  • Ahead of the Pharoahs’ Group A match, meet Egyptian healthtech Vezeeta

    This afternoon at 2pm, Egypt kicks off Africa's campaign at the 2018 Fifa World Cup with its Group A match against Uruguay. With Mo Salah having been cleared to play, after sustaining a shoulder injury last month, all eyes will be on the forward come kick off. If you are in Egypt or in the Middle East and North Africa (MENA) region chances are you will turn to Egyptian healthtech startup Vezeeta, should you have the misfortune of incurring a similar injury or just in need of a doctor. Founded in 2012 by CEO Amir Barsoum (pictured above) and Ahmed Badr, the startup is...

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