The program that is co-designed by African people to create solutions can then be adapted to match local service needs has been implemented by 14 partners all over Africa and EU, in Uganda, it will be implemented by both Hive Colab and Women in Technology in Uganda
Pan-African banking group Ecobank, is inviting African fintech entrepreneurs to enter its Ecobank Fintech Challenge.Now in its second year, the initiative gives African start-ups the chance to promote their fintech solutions.
Entrepreneurs across Africa are using innovative design skills to create an international buzz.
MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group.
Organized in collaboration with the Dakar office of Dalberg, an international strategy consulting firm, a new incubation program that aims to regroup Dakar's most innovative early-stage entrepreneurs, Incuberation was launched as Impact Dakar's first incubation program.
Consultancy.org, a global platform for the international consulting industry, has made a foray into the South African market. The launch of Consultancy.co.za expands the startup’s online footprint to cover Africa’s most important market for consulting services.
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s growing payment solution, today announces that its transacting user base and order volume grew by 56% and 200% respectively.
Jackie Macharia, a 26-year-old software developer based in Nairobi, works for a company headquartered in London that sets up solar panels in India.
Zoto, a product of Hedonmark Management Services Limited and Nigeria’s growing payment solution, today announces that its transacting user base and order volume grew by 56% and 200% respectively in the last financial year.
Leroy Mwasaru a 20-year-old Kenyan runs Greenpact, a social enterprise creating biogas and fertilizer made from human and organic waste.
StartCredits is a Nigerian financial technology startup that is redefining borrowing by offering competitive terms that reduce interest rates while advancing transparency.
[Column] Bob Koigi: Positioning Sub Saharan Africa small businesses to reap global markets' dividends
Global merchandise trade has been on a meteoric rise for the last ten years with exports of manufactured goods hitting the $1 trillion mark in 2016 according to the latest world trade statistical review by the World Trade Organization.
Verhaal, a Nigerian startup has been working with SMEs and entrepreneurs in digital and social media marketing at a time when companies in the country are increasingly expressing appetite for new media advertising to reach a wider online community.
Mastercard has completed its acquisition of mobile payments technology company Oltio from Standard Bank Group.
Farmcrowdy, Nigeria's digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has been named as a recipient of a $325,000 grant from dedicated GSMA global team.
1bank4all is a social fintech startup that seeks to promote the social welfare of poor individuals and communities through innovative low cost banking model.
Digital ecosystems and entrepreneurs are essential to innovation and development in Africa.
Zoto, a Nigerian technology company has been leveraging Nigeria’s ICT boom to provide quick and seamless payment facility.
Farmforte, a budding Nigerian Agriculture startup was the cynosure of all eyes at the just concluded Fruit Logistica in Berlin, Germany which is the largest fruit and vegetable exhibition on the planet.
Austin Zungu a South African entrepreneur is developing a one-of-a-kind inbuilt power harvesting technology that reduces dependency on plug-in-charging while providing eco- friendly power to mobile communication devices.
Jara Mobile Limited, a Nigerian startup, runs an innovative bills payment platform that integrates various retailers into one loyalty programme, giving customers the leeway of doing more with less money.
African Ministers and heads of delegations attending the third Forum on Science, Technology and Innovation in Africa have committed to support the continent’s youth to build tomorrow’s society through innovation.
As developing countries tap into the unrivaled potential of financial technologies to boost financial inclusion, United Pay Ltd, a Mauritius based company is working with banks to provide innovative digital payment solutions.
Two sisters are sating demand for Africa’s cuisine among Nairobians from a food truck and earning from it.
A unique suite of support services is available to power the growth of micro and small enterprises in Africa.
David Mbuta is the founder of Ubuntu Meal Delivery Services Ltd, a Zambian startup that is riding on a burgeoning working class conscious about their health and looking for convenience.
Afriscanlink I/S is a consultancy firm based in Denmark that is positioning African businesses in the global marketplace while connecting African SMEs to international clients.
IFC, a member of the World Bank Group, has announced new financing of R1.2 billion, $100 million, to support FNB’s lending to small and medium enterprises, with a focus on women-owned businesses.
The international tech community is nurturing Africa’s digital ecosystem by supporting skills development, technology adoption and the growth of digital businesses across the continent.
Goodwell Investments has raised $25 million, 20 million Euro, from over 30 investors for investments in inclusive economy in Sub-Saharan Africa.
An idea that was hatched at a Kenyan University as a student’s project over a year ago has now metamorphosed into a regional business offering startups a chance at embracing technology to make intelligent decisions to foster growth.
The future of technical education in Egypt has received a significant boost with the completion of a seven-day workshop for 1,300 Egyptian technical school teachers and administrators from 60 vocational schools in 11 governorates across Egypt.
At a time when African startups are struggling with access to information on funding and transforming ideas to successful businesses, even as investors express growing appetite for the African startup market, BaobabFund is bridging this information gap.
Angola Investment Fund mulls performance-based forgivable loans for entrepreneurs and small businesses
The Angola Investment Fund (AIF) Board of Directors are investigating similar programs that could offer entrepreneurs and small business in Angola a performance-based forgivable loan options when they are looking to grow.
In order to support the digital transformation of the African continent, Proparco has taken a $ 5 million stake in TLCOM TIDE AFRICA FUND, a fund that will finance young innovative companies in sub-Saharan Africa.
Cairo Angels, Egypt’s first formal angel investors’ network has launched the Mint startup incubator, created in partnership with EG Bank.
Rensource, a Lagos-based renewable energy startup, has raised $3.5 million in bridge financing to expand its business. This is coming nearly 2 years after a previous seed round of $1.1m in 2016.
African startups have been on a meteoric rise, positioning themselves as key players in the African economies, boosting innovation, and businesses while creating employment
Hermann Kamte, young Cameroonian architect and the founder of company Hermann Kamte & Associates (HKA), is the driving force behind the famous sketch of Lagos Wooden Tower.
Olalekan Akinseye runs a clothing brand in Nigeria that is tapping the evolving nature of fashion and the apparel industry to champion the war on cancer.
Aziz Senni, a serial entrepreneur with over 20 years’ experience is piloting a taxi renting model in Dakar Senegal that offers taxi drivers access to ownership of their vehicle through a system combining financing, training and customer acquisition thanks in particular to its digital booking platform.
With more Kenyans consuming digital content, five Kenyan bloggers have come together to start 24BIT, a Kenyan technology podcast.
International Finance Corporation becomes anchor investor in Partech Africa, largest venture capital fund focused on Africa
IFC, a member of the World Bank Group, has helped Partech Ventures launch a €100 million fund that is expected to become the largest venture-capital fund focused on digital-technology start-ups in sub-Saharan Africa.
Paul Langlois-Meurinne is a serial entrepreneur in Africa focused on large scale technology driven innovations. Gravity is one of such innovations:
Partech Ventures has launched Partech Africa fund, which has secured above $70 million commitments toward its target size of $120 million, making it the first technology fund of such size from a top tier international venture capitalist.
Farmcrowdy, a Nigerian digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, has announced that it had closed on seed funding of $1 million from international and local investors.
In a world where innovation is driving rapid and profound technological change, one of the biggest challenges we face is to ensure that technology is an equalizing force in the world.
An automated air drier has given hope and new market to more than 500 small scale fresh produce farmers from Tharaka, Meru and Embu counties in Kenya.
TechnoServe has announced the launch of the BeniBiz project, which will harness the power of entrepreneurship to improve the availability of nutritious food and create economic opportunities for young people in Benin.
Traverse King is the co-founder of Test Heroes Consulting, a South African startup that has positioned itself as the market leader in testing web and standalone applications to improve productivity and minimize business costs.
Nestlé through its HENRi@Nestlé open innovation platform, has today unveiled two new projects aimed at addressing some of the most pressing issues facing African countries including Kenya.
Thousands of small and medium enterprises in Mauritius will benefit from a US $100-million loan to the country from the African Development Bank.
CNN International’s African Voices programme has this week featured artist and environmentalist Cyrus Kabiru to learn more about the inspiration behind his work.
Rainmaker Solutions, the digital business transformation specialist has announced its support for the Team Bäckstedt HotChillee Development Rider Programme in South Africa.
The Citi Foundation and the international nonprofit organization TechnoServe have unveiled three new projects to support young entrepreneurs and workers in Africa through the Citi Foundation’s Pathways to Progress initiative.
Liquid Telecom Uganda, part of the pan-African telecoms group Liquid Telecom, has announced a partnership with The Innovation Village to support Ugandan start-ups with high-speed internet and cloud-based services.
At a time when Africa continues to enjoy increased continental trade and booming business with its international peers, technology has been hailed as a key driver to this success.
The Government of The Gambia is aiming to boost foreign direct investment (FDI) and develop entrepreneurship to create jobs and achieve the Sustainable Development Goals (SDGs) by implementing UNCTAD’s Investment Policy Review (IPR) of The Gambia
Utibe Uko has his mind and eyes set on luring more youth into farming through his enterprise UniQuest Farms & Innovations Centre that besides working in vegetable cultivation, is partnering with young people in Nigeria through Agribusiness Cooperative Development.
Alibaba Business School and UNCTAD launch eFounders initiative with African entrepreneurs as pioneers
Alibaba Business School and the United Nations Conference on Trade and Development (UNCTAD) brought together 24 Africa-based entrepreneurs to participate in the inaugural eFounders Initiative.
The MIT Enterprise Forum Pan Arab and TATWEER Research has announced the three winning teams of the ENJAZI Competition, the first nation-wide entrepreneurship competition in Libya.
Pan-African entrepreneurial training program, seed fund, and incubator MEST has launched two new Incubator spaces in Lagos, Nigeria, and Cape Town, South Africa, as the program continues to expand its presence across the continent.
Google Launchpad and Google Play South Africa were launched in November 2017 to boost African technology start-ups and develop a unique African design aesthetic.
At a time when smallholder farmers across Africa, who form the bulk of the food producers, are struggling with access to key agricultural inputs including fertilizer and seeds, Farmers Pride, based in Kenya has rolled out an elaborate plan to address these biting challenges.
More than ever, African youth have to overcome a long and hard journey to enter the labour market. Out of 11 million young people entering the job market in Africa every year, only 3 million end up in formal jobs and all do not have quality jobs.
Mastercard is collaborating with Durban-based tech company Spazapp, to bring secure, seamless and convenient mobile payments to thousands of informal traders.
In the middle of a dry village in Kajuki, Tharaka Nithi County, a growing fruit and vegetable processing factory is proving Kenya can add value to fresh produce, increase farmer’s earnings and reduce post harvest losses.
In the quest to quench the thirst of shortage of quality potato seed in Bomet County, the USAID funded Kenya Agricultural Value Chains Enterprises Project working with Deepa Industries.
Elisha Langat never catches a break in his in farm in Bomet County.He has six dairy cows, tea bushes and is multiplying potato seed.
On the streets of the bustling Kisii town in Kenya, Cyrus Nyakundi can easily pass for an ordinary hustler. He is the proprietor of Agroplant Technologies, the only tissue culture lab in the Nyanza and South Rift region.
Sol Mukasa is the founder and head of Brand Honcho, a marketing and advertising agency that is changing the rules of marketing through broadening the way agencies and clients interact with one another.
Innovate Ventures, the Somali tech and business startup accelerator launched in partnership with VC4A, Telesom and the Work in Progress! Alliance, had their second cohort of 10 startups from Somaliland and Somalia graduate from their programme.
COMESA Secretariat has developed a regional Youth Internship and Volunteer Programme whose overall objective is to increase youth employment of decent and productive jobs for young graduates.
CNN’s African Voices meets acclaimed Kenyan comedian Eric Omondi as he describes his journey to success and shares his thoughts on the power of comedy.
To help advance youth economic empowerment, Vodacom has given a facelift to Vodacom Change the World by relaunching the programme as an Information and Communication Technology (ICT) and youth volunteerism initiative.
Four black-owned South African financial services startups each won R1-million last night at a pitching event hosted by AlphaCode.
Tobi Oludayomi has for the last five years built from ground up, Studio 14 into a powerhouse that now works with high profiled clients across Western and the West African market.
Global payments technology company Visa has launched the newly-incorporated Visa Foundation that will prioritize the growth of micro and small enterprises around the world, enabling individuals, businesses, and economies to thrive.
The African Development Bank has called for global support for Africa’s young farmers and “agripreneurs”, highlighting how agribusiness is the answer to employing the continent’s youth.
Siemens and the German government in $26 million partnership to support occupational training in Egypt
To drive employment opportunities for Egyptian youth, Germany’s Federal Ministry for Economic Cooperation and Development and Siemens have signed a strategic alliance agreement to support occupational training in Egypt.
A new curricula focusing on entrepreneurship will now have a place in secondary schools in Nigeria.
Facebook celebrates Africa’s vibrant startup scene and rising talent at TechCrunch's Startup Battlefield Africa 2017
Facebook has celebrated the achievements of a fast-growing community of African tech entrepreneurs and developers, at the first-ever TechCrunch Startup Battlefield in Africa, sponsored by Facebook.
Ovamba Solutions, Inc. and Microsoft have partnered to develop the first African language driven “chat-bot” designed to serve the millions of African SMEs who face exclusion from Financial Services due to the challenges of business literacy.
Kyei Faried Owura is the brains behind Edwa Global Company, a Ghana based startup revolutionizing food purchase online in the local and international markets while creating jobs for farmers and players across the value chain.
[Rwanda] National Institute of Statistics puts unemployment at 17 per cent in latest labour force survey
The National institute of Statistics of Rwanda has released the labor force survey. The survey put overall unemployment in Rwanda at 16.7%.
The U.S. Government’s Millennium Challenge Corporation has signed a partnership with The Coca-Cola Africa Foundation to further leverage resources and expertise to support sustainable economic impact in MCC partner countries in Africa.
Kenya Association of Manufacturers together with UN Women has held the third Women in Manufacturing Forum themed ‘Why gender inclusivity is smart business’ targeting women entrepreneurs.
The African Development Bank (ADB) Group President, Akinwumi Adesina, has concluded his two-day official visit to Niger with a visit to the Kalmaharo Technical High School in Niamey, is supported by the Bank
Silicon Valley tech entrepreneur, Paul Owusu, moved to Ghana and partnered with tech entrepreneur Kojo Sarpong to form Logique, tech accelerator and parent company to tech products Stack, SmartLobby and Coast.
[Bob Koigi] Column: Diversification to new frontiers the magic bullet to fixing unemployment in Africa
Africa’s smallholder farmers are the apex of agricultural output in the continent contributing a staggering 75 percent of all agricultural production and creating millions of jobs in the process.
Entrepreneur training focused on mindset more effective than traditional business skills in West Africa, World Bank study
New World Bank study, jointly released with the National University of Singapore Business School, and Leuphana University reveals that psychology-based entrepreneur training programs are outperforming traditional business trainings amongst microentrepreneurs in West Africa,
Nestlé in partnership with Ashoka have called on Kenyans to nominate individuals, government bodies, non-governmental organizations, members of the academia and social enterprises for its 2018 Nestlé Creating Shared Value (CSV) Prize.
Oladunmade Otitoola, an entrepreneur and beneficiary of the Tony Elumelu Entrepreneurship Program in 2016, is founder of RentYourHall, Nigeria. Africa Business Communities poses him some questions on development of the startup.
Farming and rural non farm activities can provide solutions to rising youth employment in Africa, FAO
Farming and rural non-farm-based activities still have untapped potential to generate employment opportunities for Africa’s rising youth population, FAO has said at a high level forum
Merck KGaA, Darmstadt, Germany, a science and technology company, has announced the new startups participating in its Accelerator program in Darmstadt, Germany, and Nairobi, Kenya.
The African Development Bank (AfDB) and the Brazil-Africa Institute (BAI) have launched the Youth Technical Training Program (YTTP) − an initiative that aims to train young African professionals in research and technology transfer
The United Nations Industrial Development Organization (UNIDO) and the Government of Japan’s “Increased resilience and self-help capacities for reconstruction of livelihoods and sustained nutritional food security in South Sudan
Javnyuy Joybert is the founder of COSDEF Group, a Cameroonian social enterprise business whose four startups staggered across education, employment, finance and ICT seek design solutions to Africa’s problems, create impact and make money.
Kenya Association of Manufacturers in partnership with German Corporation for International Development have held a Technical and Vocational Education and Training (TVET) Job Fair as part of the organization’s goal to bridge the skills gap in the country.
Safaricom’s Spark Venture Fund has announced that it will once again be investing in iProcure, a supply chain platform in Kenya. iProcure offers farmers discounts of between 10 and 20 percent every time they purchase farming products.