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The Promise of e-Commerce in Africa Might Not Be Where We Think
E-commerce is often discussed in the context of consumers and customer satisfaction but for many investors and analysts most of their focus is spent looking under the hood—trying to understand how the retailer, which they really see as a logistics company, manages its supply chain.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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West Africa Finds an Unlikely Home in Silicon Valley
To bridge the gap between Nigeria’s technology and professional, on-the-job training in Silicon Valley, SVNED sponsored introductory and educational events in both shores. This helped immerse students, entrepreneurs, and dignitaries in the cultures, knowledge and business best practices of the Silicon Valley. Williams hopes to replicate such an ecosystem across the African continent.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Funding Beyond the Straight and Narrow: Overcoming Obstacles to Fund a New Breed of Entrepreneurs
A new breed of social innovators is exploring innovative business models and unconventional approaches in India. But since their models are not traditional or proven, most funders are unwilling to bet on them. Anshu Bhartia, CEO of UnLtd India, has a few suggestions for how these entrepreneurs can compete in a funding market that is "traditional, restrictive and governed by rules that serve the conformists." As the leader of an incubator working with Indian entrepreneurs confronting pressing social issues, Bhartia shares her vision of the road ahead.
- Categories
- Investing, Social Enterprise
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Chronic, Not Acute: The Refugee Crisis Needs Long-Term Solutions – And Social Enterprise Can Help
It’s time to stop addressing the global refugee crisis with short-term emergency measures, and to start seeking long-term solutions, says Thane Kreiner at Miller Center for Social Entrepreneurship. One of those solutions is entrepreneurship, and Kreiner shares five lessons from the Center's Social Entrepreneurship at the Margins (SEM) accelerator program for businesses serving or led by refugees and other displaced people. The Center is selecting its second SEM accelerator cohort, and applications are open worldwide until August 23, 2019.
- Categories
- Investing, Social Enterprise
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India’s Demographic Dividend: The Impact Opportunity in Student-Led Social Business
India's social enterprise sector is growing fast, but its overall startup ecosystem doesn’t support social businesses as much it does “commercial” enterprises. And the support it does offer tends to be directed toward larger, more established companies, hampering the sector's broader growth. According to Geet Kalra at Yunus Social Business and Nandan Luthra at Novartis, India can turn this around by leveraging its huge youth population to build multiple small enterprises, through a model called student-led social business. They discuss the potential impact of this innovative approach.
- Categories
- Social Enterprise
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Why Africa’s Energy Sector Needs Transparency: A Q&A with the Head of KawiSafi Ventures, Acumen’s for-Profit Energy Fund
While investing patient capital into for-profit firms has been Acumen’s MO for decades now, the organization itself has remained a non-profit. But in April, Acumen announced that it was doing something it hadn't done before: creating a commercial investment fund. Called KawiSafi Ventures, the for-profit fund has lined up $70 million to boost clean energy firms – and therefore clean energy access – in East Africa. Managing Director Amar Inamdar explores the fund's focus on scalable businesses, and why debt and equity need to start playing nice with one another in the sector.
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MSMEs Are the Backbone of Developing Economies: New Research Shows How Digital Platforms Can Boost Their Impact
To keep pace with the growing youth population, 600 million new jobs must be created globally over the next 15 years. Micro, small and medium-sized enterprises (MSMEs) will be key to that effort, say Alina Kaiser at Caribou Digital and Annabel Schiff at the Mastercard Foundation’s FiDA Partnership. They explore how digital platforms can boost MSMEs in emerging markets, based on learnings from 27 micro-entrepreneurs in Kenya.
- Categories
- Technology
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When Failure is Not an Option: Understanding – And Accelerating – the Success of Refugee Entrepreneurs
This World Refugee Day, the global community is experiencing the highest level of displacement on record. Though entrepreneurship can provide a route to livelihood for which resilient, community-oriented refugees are particularly suited, they often struggle to surmount barriers of language and discrimination, on top of the high failure rates that are typical of small businesses. Amy Gillett and Kristin Babbie Kelterborn at the William Davidson Institute share lessons from support programs helping refugees overcome tough odds to economically enrich their host countries.
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- Uncategorized