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A few months ago, MzansiStore successfully raised funds on local crowdfunding site Thundafund in order to support one of South Africa’s designers. More than R20 000 was raised to be used for supplies such as a T-shirt printer and screens. The designer now sells her products using an online storefront via MzansiStore to a global audience.
This example fits in neatly with MzansiStore’s overall focus of providing local entrepreneurs in the craft industry with the tools and skills to help grow ... 
Vodacom's well-known mobile money transfer service M-Pesa is having a second go at South Africa's mobile market. The telecom giant announced that, after two years of assessment, it's relaunching the mobile payment service which is set to transform the way South Africans bank.
The Kenyan mobile service was first launched by Safaricom in 2007, where it has proved to be exceptionally popular, with over 70% of the adult population relying on the service. M-Pesa was then introduced in 2010 to South ... 
Gyft, the virtual gift card service founded by South African-born entrepreneur Vinny Lingham has been acquired by First Data, a big player in the payment technology and services space.
Neither party has disclosed the terms of deal, although early Gyft investors have expressed pleasure at the deal. Karlin Ventures managing director TX Zhuo told Pandodaily that it was “a great outcome for everybody involved.”
Read more on Ventureburn. 
We are at a very exciting stage in the African Startup space. The attention we are getting internationally is great and we are seeing competitions, incubation spaces and accelerators popping up seemingly weekly. It is great to get the international support and attention, but beware the hype. The international ‘plug and play’ formulas offer limited value and struggle to create any kind of consistent momentum and value in the local markets.
Read more on Ventureburn.
"Things don't work like that here," someone in the audience responses as Gareth Knight, founder of popular tech conference Tech4Africa, talks about the need to learn on your feet. There seems to be an underlying negativity when it comes to the tech ecosystem in Nigeria. There's a sense that it will always be a struggle and a hustle. One with no glorifying future in sight.
I am at lunch with three startups, one has a solid footing on the market ... 
Winning the first time, every time and all the time is unrealistic and harmful to your continued success.
Entrepreneurial delusion is a real thing. If it isn’t an official thing, it really should be. We (the entrepreneurs) believe that we will succeed no matter. We’re different, we’re unique, we’re in the top percentile of companies that actually make it beyond the first 18 months. We convince ourselves so intensely that this is the case that failure becomes the enemy. But ... 
This week, SnapScan rolled its app out to The Big Issue vendors across South Africa, the non-profit magazine that's usually sold at intersections in urban areas. People with the app can now purchase the latest issue by simply taking a photo of a QR code and typing in the amount they want to pay. There's no hassle of fiddling for your wallet or looking for change lying around in the car before the light turns green.
The Big Issue vendors ... 
Nigeria’s 170-million plus population has an estimated 60-million internet users, making it the largest potential market for PayPal of all the countries it has entered in recent months.
Before now, attempting to use PayPal in Nigeria would have lead to the blocking of your PayPal account, with the service hardly viewing the service in the most favorable light. However it seems all that is changing as the country's young professionals with disposable income come online in search of places to spend ... 
Ideas to Reality is an article series where I take look at easy tools to help entrepreneurs can use to get their projects up-and-running. In the previous post, I highlighted a bunch of free tools that can help you build a product prototype.
“There’s no marketplace for ideas,” Trevor Owens, entrepreneur and founder of the popular customer validation board Javelin says. So until your product is out there, you’ll never know its real worth.
Read more on Ventureburn. 
Managing a new company is daunting. Even more so in a time where the advancement of technology has led to the proliferation of utilitarian tools in the project management realm. Many technological experts have put in their efforts and brains to devise various tools that have simplified project management methodology and improved the productivity of businesses involved in managing projects.
These tools, being based in the cloud, can be easily accessed from different locations. This suits those businesses whose team members ... 
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