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Analysis: Remittance Flows Into Africa Are Fostering Entrepreneurship
Wealthy private investors and a tech-savvy middle class in Africa are helping to bridge early-and-growth stage funding gaps for startups.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Bloomberg to Set up Regional Studio in Rwanda
Kigali is set to host a permanent studio of Bloomberg in 2023, following the latter's decision to expand its television presence on the African continent.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Overcoming the Limitations of Donations: An English Education Nonprofit in India Transitions to Social Enterprise
Access to quality English language instruction has become a key to upward mobility in the developing world. But as Andrew Spearing and Nilabh Agrawal at Instilt Educate point out, for nonprofits in the English education space that are looking to rapidly scale, the donation-only model is a non-starter. They discuss the limitations of the nonprofit revenue model, and explore how Instilt Educate has navigated the challenges it has encountered in launching a paid element to complement its usual donation-based fundraising.
- Categories
- Education, Entrepreneurship
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Microsoft, African Development Bank Partner to Promote Youth Entrepreneurship
Through a public-private partnership model, the alliance aims to assist the creation of national institutions that will scale up financial and technical support for young entrepreneurs.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Social Enterprises Can Grow Their Revenue and Impact by Partnering with Corporations – Here’s How to Support Them
Against the backdrop of cascading global crises, a growing number of corporations are looking to social enterprises to advance their environmental, social and governance goals. To capitalize on this opportunity to scale social enterprises' revenue and impact, Alexandra Nemeth at MovingWorlds argues that support organizations like impact investors and accelerators should prioritize corporate readiness. She explores five key trends that are driving the momentum behind corporate partnerships with social enterprises, and five ways to build these enterprises' capacity for successful partnerships.
- Categories
- Entrepreneurship, Investing
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Press Release: African Women Impact Fund Launches With USD$60 Million Commitment to Drive an Inclusive Investment Environment
Announcing the African Women Impact Fund (AWIF) Initiative’s achievement of its first commitment of USD$60 million.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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Endure Capital Completes First Close of $50 Million Fund to Invest in Africa Start-Ups
Endure Capital has completed the first close of its new $50 million fund that will be used to invest in companies in the pan-Africa region.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Nora’s Digitalization Challenges: What the MSE Sector Can Learn From the Digital Journey of a Woman Entrepreneur in Peru
Women entrepreneurs are a driving force for digitalization, showing less resistance and a higher level of trust toward digital business tools than their male counterparts. Gianmarco Cheng and Juan Navarrete at Fundación Capital share some key initial results from an ongoing study in Colombia, Mexico and Peru, which highlight ways to promote the adoption and use of digital tools by micro and small enterprises (MSEs). They discuss the impact these tools have had on Nora, a microentrepreneur in Peru, and explore the challenges and opportunities presented by digitalization efforts across the MSE sector.
- Categories
- Entrepreneurship, Technology
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