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World Bank Group Launches New Program to Support Africa’s Top Digital Entrepreneurs
The World Bank Group (www.WorldBank.org) launched XL Africa (www.XL-Africa.com), a five-month business acceleration program designed to support the 20 most promising digital start-ups from Sub-Saharan Africa. Start-ups will receive mentoring from global and local experts, learn through a tailor-made curriculum, increase their regional visibility, and get access to potential corporate partners and investors. With support from prominent African investment groups, XL Africa will help the 20 selected start-ups attract early stage capital between $250,000 and $1.5 million.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Ex-Safaricom chief Joseph set to leave Vodafone
Former Safaricom #ticker:SCOM chief executive Michael Joseph is set to step down as Vodafone’s director of mobile money later this year as part of a wider plan to disengage from all his full-time roles at the telecom giant. Mr Joseph, who is the chairman of Kenya Airways #ticker:KQ, is also set to relinquish his non-executive director positions at Vodafone’s African subsidiaries — Vodacom Mozambique, Vodacom Tanzania and Vodacom Group South Africa.
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- Technology
- Region
- Sub-Saharan Africa
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Afreximbank picks Nigeria as Africa’s centre of excellence for healthcare services
The African Export-Import Bank (Afreximbank) has selected Nigeria as Africa’s first centre of excellence for healthcare services, where it would support development of firstclass healthcare facilities. In a statement on Thursday in Lagos, Afreximbank President, Dr Benedict Oramah, said that the strategic plan was also to diversify Africa’s exports and promote trade in health and medical services.
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- Health Care
- Region
- Sub-Saharan Africa
- Tags
- tourism
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How Liberia’s New Generation Of Female Entrepreneurs Is Revitalizing The Economy
As a child, Odelia Acolyte fled her home of Liberia to neighboring Nigeria to escape the bloodshed of civil war. But she returned home frequently to visit family and always felt that what would help people in her country most would be to give them a job. “When I would go home, I would always find people sitting around,” says Acolyte, “I wanted to be part of change in society.”
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- Uncategorized
- Region
- Sub-Saharan Africa
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I taught a non-MD to do brain surgery. This radical approach could solve the global surgeon shortage
One of the world’s most pressing global health stories has long been hiding in plain sight — the devastating shortage of surgeons in many countries around the world.
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- Health Care
- Region
- Sub-Saharan Africa
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Promoting health innovation in Nigeria through private sector intervention
Despite the large number of investments made in Nigeria’s health sector over the past 10 years, the attraction in achieving the desired results of improved health outcomes could be better.
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- Health Care
- Region
- Sub-Saharan Africa
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Tanzania: 47% of GDP Transferred in Mobile Money Revolution
When Vodacom introduced the mobile money transfer service, M-Pesa, in 2008 financial inclusion in the country was below 16 per cent. Only eight years later, financial inclusion increased fivefold to reach 86 per cent putting Tanzania well ahead of most Sub-Saharan African countries.
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- Technology
- Region
- Sub-Saharan Africa
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Report: Crowdfunding Potential in Nigeria
Crowdfunding is a global phenomenon but it is obviously evolving at different speeds in different countries. Africa is one region where the new form of finance can be utilized to benefit the economy. A recent report published by the CrowdfundingHub highlights a single country in Africa: Nigeria.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- crowdfunding