Free COVID-19 Business Survival Bootcamps
African Management Institute (AMI) is offering a FREE Virtual Business Survival Bootcamp for entrepreneurs and business owners across Africa.
South Africa
geo/south-africa
Location
-30.559482, 22.937506
Five South African fintechs that service the growing market of SME lending
An increasing number of fintech startups are looking to fund small businesses in South Africa using online platforms and apps to service the massive demand for such finance. Know five of them in this article.
News via Venture Burn.
FinovateAfrica 2018
Finovate is heading to Africa! Join us in Cape Town November 26 and 27 for two days of fintech innovation from and for the African market. FinovateAfrica will feature our signature blend of live, short-form product demos and insightful presentations from financial experts. Plus high-impact networking time to give you the tools you need to succeed.
Women are at the Top of Their Game in the SME Industry
Women in the Western Cape are dominating the SME industry. According to the article, “women-owned businesses experienced 50 percent more growth than businesses owned by men in the Western Cape.” This boost can be contributed to women making smarter investment decisions, according to a survey conducted by Retail Capital. Key points revealed in the survey regarding women entrepreneurs were:
Retail Capital
Data and analytics company based in South Africa. It provides a marketplace platform that leverages data science and analytics to improve the speed, cost and choices of capital available to small businesses.
Role of women in economic development
DURBAN - Women’s Day and Women’s month are not only a tribute to our contribution to the struggle against apartheid but an affirmation of our ceaseless pursuit of gender parity and equity. According to the 2018 Global Gender Gap Report, South Africa was ranked 19th overall. However, in terms of the active economic participation of women and opportunities available for women, our country is ranked 91st and for educational attainment, South Africa is ranked 72nd globally.
Strategises to Increase Access to Markets for Women-Owned SMES in South Africa
In South Africa, there is a $49 billion unmet financing demand for women entrepreneurs. Corporations and banks can collaborate with women-owned enterprises and provide solutions to bridge the financial gap.
In this IFC fact sheet, learn the key challenges faced by women entrepreneurs, how partners are collaborating for progress and ideas for action.
Business Day TV SME Summit
Tiso Blackstar Group in partnership with in partnership with Credit Guarantee, SAICA (South African Institute of Chartered Accountants) and Standard Bank present the Business Day TV SME Summit. This one-day conference on March 7 at the Empire Venue in Johannesburg will equip SME business owners, managers and operators with tools to optimise and grow their businesses. Topics during the event will include:
Member News: AfDB Approved US $100 Million Towards South Africa’s Transit Sector
SME Finance Forum member, African Development Bank (AfDB) will provide US $100 million in loans to SA Taxi Development Finance Limited, a minibus taxi systems that supplies 69 percent of public transportation trips in South Africa.
According to the article, the funds will provide support towards the cCompany’s goals and initiatives along with support for SMEs in the mass transit sector.
Jumo
South African mobile financial services platform for mobile network operators and banks. It facilitates digital financial services such as credit and savings in emerging markets by way of USSD short codes.