Stellenbosch-based start-up Cloudline is building autonomous airships to deliver goods and services across Africa.
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MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology
Cape Town-based 4Di Capital has announced the successful first closing of a new technology venture capital fund. The fund has raised R256m for investment in the sector. The major investor in the fund is Exponential Ventures, the
Eight South African leaders made the Choiseul 100 Africa index, which ranks young Africans who will play a major role in the development of Africa in the near future. The Institut Choiseul identified only eight South African leaders under the age of 40, in a list that includes growing business leaders, successful entrepreneurs
In the past couple of years, start-ups — especially in the technology sector – have at long last been given a bit more time in the spotlight. This has mostly coincided with endeavours like Silicon Cape and the passion of a handful of individuals — entrepreneurs, investors and geeks – to create more of an
WumDrop, a Cape Town start-up, has designs on becoming the Uber of courier services in South Africa, and it has set it sights on the broader African continent, too. Uber is the on-demand taxi service that uses a smartphone app to bring drivers and passengers together. Co-founder of WumDrop
Convergence Partners is the newest investor in 4Di Capital’s venture capital (VC) fund. The technology investment management firm, founded and controlled by businessman Andile Ngcaba, will be an equal limited partner in the fund alongside Reinet (the Rupert family) and E Oppenheimer & Son
The South African iteration of Google’s Big Tent event, which brings together leaders in business, technology and politics to exchange ideas on the intersection between the Internet on society, took place in Midrand on Thursday. It featured communications minister
Stellenbosch’s SnapScan, whose smartphone application won MTN Business’s 2013 App of the Year award this week, is betting that consumers will take to the idea of making in-store payments using their mobile phones instead of credit or debit cards. SnapScan falls under FireID
In an ordinary-looking house at 18 Dennesig Street in Stellenbosch in the Western Cape, a company called HealthQ Technologies has built a “metabolic chamber” — a device used for recording oxygen consumption and carbon-dioxide production for measuring human metabolic activity