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All posts tagged "Africa"

  • The Duke of York, President of Nigeria start African Entrepreneurship Programme

    The African Entrepreneurship Programme (AEP) has been created in partnership by the UK's Pitch@Palace and The Global African Investment Summit (TGAIS). This venture aims to further develop the African private sector while stimulating innovation and technology throughout the continent. Much like similar entrepreneurship programmes, AEP will allow businesses the opportunity to present and connect with potential investors. This will help open doors to them, which would normally be closed or difficult to open. A chosen top three entrepreneurs will present their business proposals to an audience of potential investors, mentors and CEOs at the Pitch@Palace event at Central Hell Westminster, London 1...

  • 3 African countries that show investment promise as global tech hubs

    Over the past decade, countries such as South Africa, Kenya, and Seychelles have emerged as Africa’s tech hubs. Kenya is increasingly touted as the Silicon Savannah, owing its position to technologies like M-Pesa and Ushahidi being exported worldwide. Chances are that Kenya and South Africa will hold onto their leads in the African tech industry in the near future. However, with the growing focus on mainstreaming information and communications technology, Africa is creating new tech hubs that are worthy of consideration by investors. Rwanda Rwanda recently ranked fourth in networked readiness in Africa, behind only Mauritius, South Africa, and Morocco — all considered more developed economies. This ranking is of little surprise; Rwanda has an ambitious blueprint for developing ICT. The...

  • Q&A: How Kaymu is helping thousands of Nigerian SMEs move to the cloud

    Ecommerce is a big deal in Nigeria. Several SMEs are considering it as an option to reach bigger markets without expanding their office space. But the complexity of the technology behind running an efficient ecommerce platform, in addition to the high cost of marketing, make ecommerce a future pain for SMEs. But Kaymu, an online marketplace, makes it possible for SMEs to realise their ambitions. Over 40 000 SMEs in various parts of the country are already on the platform, and thousands are joining each week. I caught up with Evangeline Wiles, who's the MD of Kaymu Nigeria, recently at the...

  • Lessons learned on building a pan-African network of angel investors

    The following article is by David van Dijk who is part of the team behind African Business Angels Network (ABAN), a pan-African association that seeks to promote a culture of Angel investing across Africa. On 13 August, the second in a series of Angel Investor Bootcamps leading up to the ABAN Investor Summit at DEMO Africa was hosted in Nairobi, Kenya. The Bootcamps are organised by the African Business Angel Network (ABAN) in partnership with VC4Africa, Intercontinental Trust and the LIONS Africa Partnership. The Nairobi edition was hosted together with Viktoria Ventures and the iHub. Master-class by ‘European Angel Investor of the year’...

  • Seedstars World competition heads to Abidjan for its next leg

    After its a successful round in Ghana, Seedstars World is heading towards Abidjan, Côte d’Ivoire. On 12 August, the competition looks to find the best startup in the country, which will go on to compete for a US$500 000 equity prize in Switzerland. Partnering with Microsoft, Google, and MEST, Seedstars World looks at fast-growing and pioneering startups in an effort to support regional businesses. "Seedstars World is a platform connecting investors to the next generation of startup entrepreneurs pulling the spotlight from Silicon Valley and Western Europe. We honestly think the best way to have an impact in emerging countries is...

  • Seedstars World names church admin app Ghana’s best startup

    Global seed-stage startup competition has been making its rounds across the African continent, giving exciting tech startups a chance to pitch on the global stage for a shot at US$500 000 equity investment. After kicking-off in Mozambique, startup winners were announced in South Africa and, soon after, Nigeria. Now, at Impact Hub Accra, Seedstars World has named Ghana's church administration app Asoriba the country's top startup. Asoriba is described as a web and mobile application that enables effective church administration for leaders, and seamless engagement with members. Nana Opoku, the CEO of Asoriba, told Seedstars World: "This is completely unexpected for us. We...

  • Tales from Nigeria: How African solutions are shaping the world

    The article is written by Ross Baird -- the executive director of Village Capital who joins digital pioneers Jean and Steve Case along with the Case Foundation from the US in exploring the entrepreneurial ecosystems in Kenya, Ghana and Nigeria. “If entrepreneurship is truly going to transform the world, it has to include everyone,” said Jean Case, CEO of the Case Foundation, to a packed house of entrepreneurs in Lagos. And in the past week, touring the entrepreneurship ecosystem in Africa, we saw an ecosystem that is emerging faster, better, and more competitive than I think we even imagined. At our...

  • She Leads Africa calls public to vote for favourite female entrepreneur

    Social enterprise dedicated to supporting high-growth female entrepreneurs, She Leads Africa, is enabling the public to vote for their favourite African entrepreneur. The People's Choice Award will see one of 12 semi-finalists go through to the final round of She Leads Africa's annual Entrepreneur Showcase event. The chosen entrepreneur will then compete for US$15 000 in cash prizes, international media coverage, as well as exclusive meetings with top investors. The 12 semi-finalists were picked from nearly 300 applicants from 30 countries, and narrowed down through a review committee of professionals related to venture capital, finance, consulting and business development. The judging...

  • How Ghanian startups are making an impact on the global stage

    The article is written by Ross Baird -- the executive director of Village Capital who joins digital pioneers Jean and Steve Case along with the Case Foundation from the US in exploring the entrepreneurial ecosystems in Kenya, Ghana and Nigeria. "Startups are the seed corn of the future economy," our partner Steve Case, co-founder of AOL and chairman of Case Foundation, often says. Today, Silicon Valley is envy of the entrepreneurial world, but 50 years ago, Silicon Valley was apple orchards. Detroit, then the wealthiest city in the US in terms of median income because it was the centre of the...

  • Inside Nigeria’s bustling startup world — where the real ‘hustlers’ live

    Earlier this week, Ventureburn unveiled DEMO Africa’s top 30 startups for 2015. While attention is being given to Ivory Coast whose startup scene is making its debut this year on the DEMO Africa stage, the fact that no one was surprised to see Nigeria having more startups than any other country this year, just like last year, is giving credence to the notion that the startup ecosystem in Nigeria is booming. And it’s not just because of Nigeria’s large population. Below are a few of key characteristics I've picked up over the years, defining the West African country's as one of...