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Hubs in Africa

News and Updates on Entrepreneurial & Business Hubs across Africa

Top startup events in South Africa, Africa you should know about this week [1/12/2019]

his year’s Cape Town Startup Week (CTSUW) kicks off on Tuesday (3 December) and will run until next Thursday (5 December) with 16 confirmed events (see this story). The biggest event in Johannesburg this week is undoubtedly the Seedstars Africa Summit which takes place on Thursday (5 December). Elsewhere on the …

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Tony Elumelu Foundation to open applications for the 2020 TEF Entrepreneurship Programme Jan 1

The Tony Elumelu Foundation(TEF) —Africa’s leading philanthropy dedicated to empowering African entrepreneurs—will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, on January 1, 2020. Applications are made through TEFConnect, the digital networking hub for the African entrepreneurship ecosystem, created by the Foundation. The TEF Entrepreneurship Programme …

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Egg Man scoops young entrepreneurs’ top prize

Tebogo Mathe has won the 2019 SME Toolkit BUSINESS/PARTNERS Business Plan Competition for Aspiring Young Entrepreneurs after beating 1,000 other entrants. The 32-year-old businessman who distributes eggs across the country won a R20,000 mentorship voucher, R30,000 in seed capital and various other sponsored prizes on Tuesday. The competition sees thousands …

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J&B encourages South Africans to support local entrepreneurship

Local small businesses contribute positively to the growth of the country’s economy, yet only three out of 10 have a chance to survive. To address this challenge, J&B is encouraging consumers, communities and large enterprises to take active steps to support small businesses. In October 2019, Stats SA announced that …

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Seed grant of R50k among prizes on offer at YEEP Africa Ideas & Pitch Challenge bootcamp

The Youth Enterprise Exchange Programme (YEEP) Africa’s YEEP Ideas & Pitch Challenge bootcamp kicks off this Friday (29 November) in Johannesburg. One aspiring entrepreneur stands the chance to take home a R50 000 seed grant. The challenge is organised in partnership with the UN Association of South Africa (UNA_SA), University …

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‘BUILDING RESILIENT CAPITAL MARKETS’

The theme for this conference, Building Resilient African Capital Markets is one that is more relevant at this point in time considering the events unfolding globally. SEE ALSO: First let me begin by speaking about how African securities exchanges can work towards their shared vision of creating effective and efficient capital market …

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When African Women are Financially Included, an Entire Continent Wins

The Global Gender Summit, hosted by the African Development Bank (AfDB), and which is currently taking place from Nov. 25 to 27 in Rwanda’s capital, Kigali. Credit: Plasir Muzogeye/IPS by Emmanuel Hitimana (kigali)Tuesday, November 26, 2019Inter Press Service KIGALI, Nov 26 (IPS) – When Rwandan-born and Senegalese-raised entrepreneur and businesswoman …

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AfDB launches funding scheme for women

The 2019 Global Gender Summit, held for the first time on the African continent kicked off with the heavy focus on closing the gender gap. The African Development Bank (AfDB) launched an initiative officially on Monday to bridge the 42-billion-U.S.-dollar financing gap facing women entrepreneurs in Africa. The initiative, dubbed Affirmative …

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Africa Business in Brief – 25 Nov 2019

Africa Investment Forum 2019: African Development Bank signs USD250-million risk participation agreement with ABSA, to address Africa’s trade financing gap The African Development Bank has signed an unfunded USD250-million Risk Participation Agreement (RPA) facility with ABSA – a pan-Africa financial institution with a solid presence in 12 African countries. The …

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