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Tag Archives: Entrepreneurship in Africa

Bitcoin Economy Boosting Entrepreneurship in Africa

Blockchain technology and the role of entrepreneurship in driving Africa’s prosperity in the Fourth Industrial Revolution (4IR), were some of the key topics taking centre stage at this year’s World Economic Forum (WEF) on Africa which was held in Cape Town recently. Paxful (https://Paxful.com/), a leading peer-to-peer global bitcoin marketplace, …

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261 young Ugandan entrepreneurs to get capital

The successful applicants will be mentored, trained,” said a statement from the Foundation. Uganda’s young entrepreneurs have received the second largest invitation to get seed capital of $5,000 (sh18.8m) each to boost their start-up businesses. The Tony Elumelu Foundation (TEF) has selected 261 Ugandan entrepreneurs to receive the capital. Applications …

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How continental free trade deal benefits Ethiopia

By Andualem Sisay Gessesse _ For the past decades much has been said about the need for African countries to be integrated economically and unite to advance development and face challenges collectively. Sub regional economic blocs such as, Economic Community of West African states, South African Development Community, East African …

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Africa is becoming a player in the digital revolution

Google Africa recently finished an intensive three-month Launchpad Accelerator Africa programme. Launched in Lagos, Nigeria, this was the first cohort of Google Developers Launchpad on the African continent. The programme consisted of 12 startups from six countries (Ghana, Kenya, Nigeria, South Africa, Tanzania and Uganda), 35 founders and over 4.5-million …

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The Changing Face of Entrepreneurship in Morocco

Being an entrepreneur seems to be the “cool” thing to be in Morocco at the moment. Universities are creating business and entrepreneurship majors, the government is working on modernizing the administrative procedures and aspects for entrepreneurs, events and conferences are being organized and sponsored, and a number of investment funds …

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African e-health startups secure $1.5m Skoll Foundation grants

African e-health startups mPedigree and mPharma are among the five organisations to have been awarded US$1.5 million in grant funding after winning the 2019 Skoll Awards for Social Entrepreneurship. Organised by the Skoll Foundation, which supports and invests in social entrepreneurs and innovators solving the world’s most pressing problems, the …

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AfDB to support Ghanaian women in agribusiness

The African Development Bank (AfDB) is to offer Ghana a $20-million loan facility to support women entrepreneurs in agriculture and agribusiness in the country. The fund will be channelled through the Ghana Incentive-based Risk-sharing System for Agricultural Lending (GIRSAL), which leverages lending to people in agriculture and agribusiness through a …

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