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  • CiTi, CPGR sign agreement to launch OneBio incubator in Cape Town

    The Cape Innovation and Technology Initiative (CiTi) has signed a collaboration agreement with the Centre for Proteomic and Genomic Research (CPGR) to launch a biotech incubator, OneBio. CiTi announced yesterday that it had signed the agreement with CPGR, together with the head of SingularityU Cape Town chapter Michael Fichardt and entrepreneur and venture builder Nick Walker. CiTi senior ecosystem manager Claire Jowell said in an email yesterday to Ventureburn that the incubator will be launched at the end of this year, but said no date has been set yet. Jowell said the incubator is looking to take in eight to 10 biotech startups, every six months. OneBio...

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    Callpay, MyGate announce telephonic payments collaboration

    MyGate, one of Africa’s largest and fastest growing gateways, and Callpay, an innovative provider of secure payment solutions have collaborated to provide a payment solution that offers secure, telephonic payments in South Africa. Through this exciting collaboration, companies that require contact centre agents to accept card can now process these transactions through MyGate to the bank. Card payments are processed in a PCI compliant manner through their contact centre agents without the agent hearing or seeing any sensitive card data. At the point of payment, the agent simply delivers a virtual terminal directly to the customer’s mobile device. It can...

  • Tips every small business owner should consider [Sponsored]

    Starting your own business is exciting. Designing a product, getting in touch with potential clients, making some moolah and even contributing to job creation is all part of the deal. But as good as it may feel being an entrepreneur, what many small business owners will agree, is that it is definitely not as easy as riding a bike – the road is much bumpier. And you’ll probably end up asking yourself, “am I doing this right?” on more than one occasion. Do not fret though, there are ways to avoid decisions that could ruin your chances. Have a plan of action Planning...

  • Here’s all you need to know about the 2018 Ecobank Fintech Challenge

    Is your fintech startup ready to work with one of Africa's biggest banks, one with operations across 36 countries on the continent? Then you have until 23 May to apply for the 2018 Ecobank Fintech Challenge. The challenge is open to any African startup. Through the challenge, Ecobank aims to showcase, collaborate with and support Africa's most promising fintech startups. The 2018 Ecobank Fintech Challenge will see selected startups receive mentoring from leading experts as well as access to Ecobank's banking ecosystem. The 2018 Ecobank Fintech Challenge spans six focus areas, applications close on 23 May The challenge winners will also be provided with the...

  • Fourth time lucky for founder of SkillUp as startup nets Knife Capital funding

    Fourth time lucky. That's probably how Matthew Henshall would describe his current startup -- SkillUp. The Cape Town based edtech company has just received an undisclosed amount in funding from venture capital company Knife Capital. While the announcement was made today, neither Henshall -- a former UCT engineering student -- nor Knife Capital disclosed the details of the investment size or the size equity stake the VC company has taken in SkillUp. The latest funding will help the startup to take on new learners and tutors, leverage partnerships with content providers and scale the business internationally. Yet it took three failed tries to land up with an investment-ready startup,...

  • Top startup events in South Africa, Africa you should know about this week [23/04/2018]

    Looking to get into the South African startup scene or brush up on some of your skills? Well, you’ve come to the right place. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or next week’s, please let us know in the comments below or send us an email. Not all of the events are free and some will require booking in advance. Please click on the event names to find out...

  • Seda relaunches, mandates Sabtia to build more inclusive incubation system

    Small Enterprise Development Agency (Seda) has relaunched the Southern African Business and Technology Incubation Association (Sabtia) and mandated the non-profit organisation to address challenges in the local business incubation and acceleration community. The relaunch -- which was hosted by Seda, the Small Enterprise Finance Agency (Sefa) and the Department of Small Business Development -- was held yesterday (19 April) at the Gallagher Convention Centre in Midrand, Johannesburg. Addressing the event, Minister of Small Business Development Lindiwe Zulu (pictured above) said incubation and acceleration programmes are crucial to accelerating economic growth and transformation in developing nations. Sabtia will serve as an entry point for international...

  • Angolan capital’s traffic proves no headache for delivery startup Tupuca

    Angola's capital Luanda is notorious for some of the worst traffic on the continent. Now four entrepreneurs founders who run a food delivery startup in the city are seeking to capitalise on what is usually a headache for residents there. Since Wilson Ganga, Erickson Mvezi, Patrice Francisco and Sydney Teixeira set up Tupuca in 2015 the startup has scored a collective $200 000 from two investors. In recent months deliveries through the app from restaurants in the city have grown a few times over. "(Traffic is) terrible but that's how it benefits us, because in lunchtime instead of people going into the traffic to...

  • mSurvey raises $3.5m from TLcom Capital-led Series A round, eyes SA market

    Nairobi-based mobile survey platform mSurvey has announced that it raised $3.5-million in Series A round led by venture capital firm TLcom Capital. mSurvey CEO Kenfield Griffith told Ventureburn the round was concluded in Q1 this year. Other investors who participated in the round include Net Promoter Score (NPS) co-founder Richard Owen, Golden Palm, Kapor Capital and Social Capital. mSurvey intends to use the funding to finance expansion into other African countries, and is aiming on launching in South Africa this year Griffith said the company -- which also has offices in San Francisco -- is eyeing expansion into South Africa. This after the company...

  • Getting state support ‘waste of time, energy’ for biotech entrepreneur

    Getting the government to back her biotech startup that produces an essential ingredient for HIV test kits has proved frustrating and often a "waste of time and energy", says SA biotech entrepreneur Jenny Leslie. Leslie claims that her Cape Town-based biotech startup BioTech Africa is the sole manufacturer in Africa that produces recombinant proteins, a key component of diagnostic test kits used to test for HIV and a range of other diseases, including Hepatitis C and the Zika virus. Leslie argues that government support for biotech companies is necessary because of the high barriers to entry associated with the industry. Setting up a simple lab alone can cost more than...

  • Rise Cape Town launches female tech entrepreneur initiative Rise Scalarator

    Absa-owned fintech innovation hub Rise Cape Town has launched a new initiative dubbed Rise Scalarator, which aims to assist five female tech entrepreneurs from the Western Cape scale their startups. The initiative aims to assist black South African tech entrepreneurs who have developed a minimum viable product scale their startups. Applications for the programme close on 9 May. Applications for the Rise Scalarator programme close on 9 May The programme, which was co-created with Cape Town-based accelerator 88 Business Collective, is set to kick off with a 12 week bootcamp in June and will run until November. In a statement, the programme's project manager and 88 Business Collective...

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