Colletion of Latest South African Articles, South African Blog

Somalia's Hormuud Telecom records increased mobile money transactions due to the Covid-19 pandemic

Telecoms CEO, Ahmed Mohamud Yuusuf pointed out mobile money as a "vital pieces of infrastructure for a functioning Somali economy". He went on to say, " The digital adoption that we've seen within the country over the past 10 years has been incredibly important. It's facilitated enterprise and is the foundation for remittances, which makes up some 23% of Somali GDP." The pandemic and subsequent lock-downs have resulted in a drop in global remittance payments. This has been pr

article : Startups
Mozilla and AfriLabs partner to explore impactful technological ideas in Africa

, the Executive Director of AfriLabs said, " We are excited to listen and engage with the entrepreneurial ecosystem in Africa with Mozilla and we are hopeful that this partnership will open the right dialogues for better-fit innovations on the continent ," while expressing delight over the new cooperation. What can we expect from the launch? Joint exploratory research through roundtable discussions so as to deduce a better understanding of the ecosystem. On the other hand, Mic

article : Startups
New e-Commerce platform launches to support SMEs

A new e-Commerce platform, ShopESpot , has launched and aims to provide SMEs, business owners, and entrepreneurs an easy-to-use the platform to move their business into the online market. The impact of Covid-19 has caused many small businesses to reinvent themselves with a shift towards creating an online presence to manage sales and increase their customer reach. Lisa Sukdev, Chief Sales and Marketing Director of ShopESpot explains the importance of businesses creating

article : Startups
Local tech startup purchases used tech devices

A new local tech startup, Flip Phone, aims to provide South Africans with an easy and safe method to sell their used smartphones and purchase other tech items. Founded in 2018, Flip Phone aims to be the largest trusted marketplace for selling and purchasing tech products in Southern Africa. Founded by entrepreneur, Conor Copas, Flip Phone was birthed in 2018 and took off like a rocket ship during 2020. Creating his tech startup during moonlight hours while

article : Startups
Nigeria rolls out survival fund targeting MSMEs

who is the Minister of State and Chair of the Steering Committee of the Schemes. The Federal government's Survival Fund has the aim of giving vulnerable startups and small businesses a lifeline given many are failing to meet their payroll obligations rendering many jobs at risk. Any company that has more than three employees and is registered with the Corporate Affairs Commission (CAC) is eligible. The Nigerian government hopes to save 500,000 employees from losing their

article : Startups
The application window for the Space-Tech Innovation Challenge 2020 now open

-Tech Innovation Challenge 2020. The programme hopes to attract the top innovators across the continent. The challenge will narrow down to downstream tech applications in insurance, agriculture, sustainability, retail, and conservation. Space technology involves the use of remote-sensing applications and tools to carry out earth observations. The demand for the adoption of such technologies has risen drastically driving down costs and creating sustainability. Spa

article : Startups
Saudi's Penny raises $1.35 million seed for its procurement and spending management software

Riyadh-based procurement SaaS startup Penny has raised $1.35 million in a seed round from Wamda, Class 5 Global, Outliers VC, Plug and Play, and some strategic angel investors, it announced in a statement to MENAbytes today. According to our data, it is the largest seed round raised by a SaaS startup in Saudi. Founded earlier this year by Iyad Aldalooj, Majid Aldalooj, and Mohamad Ibrahim, Penny's online software helps businesses of all sizes digitize their procurement and spending a

article : Startups
Nigeria health-tech startup RxAll eligible for $40000 after entering the Founders Factory Africa program

have announced their selection of RxAll a health startup that gives hospitals, pharmacies, and patients across Africa access to top-quality non-counterfeited medicines through an online process of verification. RxAll is now in a good position to achieve its goal of transforming the Africa medication value chains through its Venture Scale programme. FFA is a venture development company working alongside Standard Bank Group and corporate investors Netcare Group. As a B2B

article : Startups
Local proptech company HouseMe secures funding

Cape Town-based proptech startup HouseM E has secured an undisclosed amount of funding from new and existing investors. The funding will be utilised to extend HouseME's position in the long-term digital rental and letting market. Ben Shaw, Chief Executive Officer of HouseME, says that the company is well-positioned to capitalise on the surge of interest in online platforms, especially in the long-term letting sector which had been lagging. This latest round

article : Crowdfunding
Local tech startup implements security system in townships

A recently launched South African tech startup, Jonga , aims to provide safety and security for township residents. The security company, Jonga, was originally founded in 2016 by former UCT students, Ntsako Mgiba and Ntando Shezi. In an interview with Ventureburn, Mgiba shared that the goal for Jonga was to create the most affordable security system available. He added that they wanted to democratise security and show that its security systems were not just for the elit

article : Startups
Nigerian healthtech startup joins prestigious entrepreneur organisation

The founder of 54gene , a Nigeria-based healthtech startup, Dr. Abasi Ene-Obong has been selected as an Endeavor Entrepreneur. Functioning as one of the leading global entrepreneur support organisations, Endeavor Entrepreneur Nigeria selects, mentors, and accelerates the best high-impact entrepreneurs in the country. Eloho Omame, Managing Director CEO of Endeavor in Nigeria comments on the addition of 54gene to the organisation. 54gene is a critical part of

article : Startups
Good ideas are not conjured on video calls [Sponsored]

While the overnight shift to having teams work from home has been a surprisingly simple one to make for many companies, there are plenty of industries that simply cannot function with a distributed workforce. That said, some companies have found that theres still a need for certain teams to congregate safely to share ideas which only flourish in the presence of chemistry thats impossible to conjure on a video call. It takes one person to have a great idea, but it takes a team to real

article : Startups