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Time For An African Valley? — Sub-Saharan Accelerators Start To Emerge
The news that i/o Ventures had launched the Savannah Fund in Africa is clearly welcome news for an emerging continent. It’s $10m fund size will be a shot in the arm for the eco-system there. But I was surprised to see that it was being described in some quarters as the “first ever” Sub-Saharan African incubator and accelerator. Because it patently is not.
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- Sub-Saharan Africa
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USAID and Citi partnering to bring mobile money to world’s unbanked
The U.S. Agency for International Development, tasked with the administration and distribution of international aid from the U.S. government, announced it is forming a new partnership with Citi. The partnership is aimed at providing financial inclusion for the world's un- and underbanked by encouraging "mobile money" technology in developing countries. It was announced at the USAID Frontiers in Development forum held at Georgetown University.
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Dell awards $50,000 to top student social innovator, Apl.de.ap rocks the Moody Theater
Entrepreneurship is the answer to almost every single problem we have in the world today.So says Daniel Epstein, founder of the Unreasonable Institute, as he spoke in front of the crowd of 200-plus gathered at the Moody Theater Tuesday night for the Dell Social Innovation Challenge awards.
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Financial inclusion for whose benefit?
The tale of financial inclusion in India is akin to that of the blind men and the elephant. You all know the story. A bunch of blind men chance upon an elephant. The one who catches hold of its tail says the elephant is like a rope. The one who touches the trunk says the elephant is like a snake, while the one touching the animal's leg insists it's like a tree.
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- South Asia
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The Microinsurance Revolution
Six years ago David Patient felt his immune system slipping. He had been H.I.V.-positive for a long time, but now he made two decisions: He started on antiretroviral medicines to protect himself, and he began trying to buy life insurance to provide for his partner.
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- Health Care
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- Sub-Saharan Africa
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SAP Teams With Endeavor and Ashoka Changemakers to Empower Entrepreneurs Around the Globe
SAP AG today announced two new initiatives aimed at unlocking the potential for entrepreneurs and small and midsize businesses to drive economic growth, innovation and job creation, which in turn is key to SAP's long-term success.
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New Farmer Alliance to Improve Incomes and Food Security in Africa
WASHINGTON, DC, June 12, 2012 – Today, the U.S. Agency for International Development (USAID), Vodafone, and TechnoServe launched a new partnership to increase the productivity, incomes and resilience of smallholder farmers in Kenya, Mozambique, and Tanzania. The Connected Farmer Alliance will leverage mobile phone-enabled solutions to improve supply chain efficiency and increase farmers’ ability to access secure, timely payments and other financial services.
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- Agriculture
- Region
- Sub-Saharan Africa
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Kenya: Equity’s Mwangi Tops the World Again
Nairobi, Kenya — Equity Bank's Chief Executive Officer (CEO) and Managing Director James Mwangi, has been voted the 2012 Ernst & Young World Entrepreneur of the Year at a colorful ceremony held in Monte Carlo, Monaco over the weekend.
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- Sub-Saharan Africa