Are these the 10 biggest disclosed African tech startup deals of 2018?

A whole lot of money. That’s what over 60 African tech startups raised this year.

While not every startup wanted to disclose how much they raised, those that did made quite a packet — over $162-million going on data from 45 venture capital disclosed deals reported by Ventureburn in 2018.

Of this, almost a third or $52-million is accounted for by one deal in SA fintech JUMO. In addition, SA startups accounted for nearly half of all funding raised that was disclosed.

Ventureburn’s calculations relate to only those deals that have been disclosed and that were concluded by companies founded in the last seven years.

African tech […]

The post Are these the 10 biggest disclosed African tech startup deals of 2018? appeared first on Ventureburn.

Section 12J VC incentive a good start, but government can do more [Opinion]

The world of startups is a risky choice for an investor. But there is a clever way you can reduce that risk, and that is by investing in a government-sanctioned Section 12J fund.

The tech industry often laments that government can do more to support small business. Yes, it can do more, but here is an example where it is making a difference.

Section 12J funds have been around for the past 10 years but have only gained traction in the startup world recently. The attractive part about these funds are that they are 100% tax deductible if one holds ones […]

The post Section 12J VC incentive a good start, but government can do more [Opinion] appeared first on Ventureburn.