Madica, the structured investment program for pre-seed African startups, has expanded its portfolio with two new AI-powered companies—Anavid (Tunisia) and Hypeo AI (Morocco). Each receives up to $200,000 and joins Madica’s 18-month program offering mentorship, global exposure, and investor connections. Madica also announced a strategic partnership with the African Business Angel Network (ABAN) to boost local investment flow and co-investment opportunities across Africa’s innovation ecosystem.
Tag: Entrepreneurship
The Cost-of-Living Crisis – A Township Economy Perspective
The Competition Commission’s Cost of Living Report highlights the severe pressure South African households face, with township entrepreneurs experiencing the hardest blow. Rising food, energy, transport, and education costs not only erode family budgets but also undermine small business survival. Township businesses face a double burden: shrinking consumer spending and escalating operating expenses, creating a cycle that stifles growth and innovation. The Township Entrepreneurs Agency (TEA) calls for urgent reforms—fair pricing, affordable utilities, and stronger support systems—to unlock the township economy’s potential. As TEA prepares for the 7th Annual National Township Economy Summit 2025 under the theme Inclusive Economic Future, the focus turns to building resilience, equity, and opportunity for South Africa’s most dynamic but vulnerable economic sector.
Customer value management as a tool to reduce customer churn
Customer Value Management (CVM) is a powerful tool to reduce customer churn, particularly in the telecommunications sector. Unlike traditional Customer Relationship Management (CRM) systems, which primarily track customer interactions, CVM focuses on maximizing customer lifetime value by leveraging data insights to create personalized offers. By identifying behavior patterns and understanding customer needs, telecom companies can reduce churn, improve satisfaction, and enhance customer loyalty. This article discusses how CVM tools can help operators understand why churn happens and provide timely, relevant offers to retain valuable customers.
The real threat to your business is old habits
Old habits and undocumented knowledge threaten business resilience. Discover why data fluency, knowledge centralization, and digital transformation are vital for sustainable growth and security.
10 Years of Impacting Township Entrepreneurs
The Kasi Business Workshop, founded in 2015 by Bulelani Balabala, celebrates a decade of transforming South Africa’s township economy. Over 100,000 entrepreneurs have been supported, contributing to more than 400,000 jobs, with a global footprint in 34 countries. Through initiatives like the Kasi Pitching Challenge, Networking Pods, Mbawula Chats, Masterclasses, and the Kasi Business Exhibition, the movement fosters collaboration, skills development, funding access, and market opportunities for township businesses. Now in its 10th year, the Workshop continues to serve as a catalyst for inclusive economic growth.
How to Start a Food Trading Business in Dubai: Guide for Entrepreneurs
Dubai’s booming food trading sector offers global entrepreneurs a prime opportunity to tap into international markets. This guide provides a comprehensive roadmap for setting up a food trading company in Dubai, from choosing the right jurisdiction and securing licenses to understanding compliance and estimating costs. With tax incentives, strategic location, and advanced logistics, Dubai stands out as an ideal hub for food import and export ventures.
Art, Philanthropy and Global Recognition: The TOP CHARITY Auction’s Role in Elevating African Art and Luxury Giving
The TOP CHARITY Auction has reimagined luxury philanthropy by blending high art, global culture, and impactful giving. Recognized as Europe’s Best Luxury Auction Event, it not only raises millions for charitable causes but also serves as a global platform for promoting African art and fostering cultural exchange between Africa and Europe.
Microplastics and the South African health crisis no one’s talking about
South Africa is facing an escalating health and environmental crisis driven by microplastic pollution, with over 80% of freshwater sources contaminated. As plastic waste continues to outpace recycling infrastructure, microplastics are entering the food chain and human body, posing serious long-term health risks. Fortis X offers a solution with Africa’s first 100% plant-based, biodegradable packaging—helping reduce exposure to toxic plastic particles and protect ecosystems and public health.
Unleashing Possibilities: How Meta AI Empowers Everyday Life in Nigeria
In Nigeria, “I dey make am” is more than a catchphrase — it encapsulates the spirit of resilience and creativity that drives everyday people to overcome obstacles and chase their dreams. Meta’s new campaign, Make Am with Meta AI, highlights how Nigerians are leveraging Meta AI to unlock new possibilities in their daily lives. From students using AI to conduct research, to entrepreneurs generating marketing ideas, to creators transforming their visions into reality, Meta AI has become an indispensable tool. Available for free on WhatsApp, Instagram, and Facebook Messenger, Meta AI empowers users to learn, create, and innovate, driving progress in both individual lives and communities.
Relief Now, Resilience Next: Staying Agile In An Uncertain Market
In a shifting economic landscape, Paul Stevens, CEO of Just Property, examines the South African Reserve Bank’s recent interest rate cut and its impact on homeowners, buyers, and the broader economy. This timely shift, although modest, is expected to invigorate the property market, improve affordability, and stimulate consumer spending. Stevens advises industry professionals to stay agile and proactive in responding to increased demand and shifts in financial conditions, while urging clients to reassess their financial positions and take advantage of new opportunities before future rate adjustments.