May Business Angels Spread Their Wings Over Kenya?

Transformify - Recruiting

Despite Kenya has been named as the fasted growing payments market in Africa, there is still a lot to be done to develop the local business angel community. The capital of Kenya, Nairobi, is a vibrant city offering various resources for young start – ups, including accelerator 88MPH and incubator i-Hub. He is one of the many young people in Kenya who have decided to start a business of their own. Kenya offers limited job opportunities to university graduates.

Kenya 40

Four Takeaways from WATEC 2011 Cleanvest Summit

VC Cafe

In addition to the investor-entrepreneur socializing, the government of Israel was able to score two key contracts with two foreign nations. Both Taiwan and Kenya have made agreements to exchange water technology and data revolving with Israel. WATEC 2011 cleantech cleanvest corporate investments corporate sponsorships energy spectrum Entrepreneurs event government of israel investors startups Technology WATEC water

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

10 Amazing Microfinance Success Stories

YoungUpstarts

In two years she has hired eight full-time employees, secured lucrative government contracts, and is able to support seven households besides her own in Amman. Joyce Wafukho, Kenya. After five years of being turned down by lenders, she approached the Kenya Women Finance Trust for a $680 loan. The benefits of microfinance have been debated since the ’70s when the Grameen Bank in Bangladesh began making tiny loans to impoverished small business owners.

Will Bitcoin adoption be driven outside the US?

Lightspeed Venture Partners

So there is existence proof that high inflation can drive a whole country to adopt another currency, one that is completely disassociated from the central government. M-PESA, a payments system enabled on mobile phones, now constitutes 31% of Kenya’s GDP. Right now, more than 80% of Bitcoin volume is in the USD market. And many of the pundits commenting on Bitcoin, both positively and negatively, are in the US.

Skills Development in Africa: How Wide is the Skills Gap?

Transformify - Recruiting

At the same time, 75% of all university graduates in Kenya and Nigeria are likely to be unemployed for up to 5 years after graduation. Most young people can’t afford to study abroad without government subsidies or scholarships. Kenya and Nigeria are of a particular interest for the employers in the UK due to the high percentage of English speakers who have received bachelor’s degree or higher. Kenya: Youth Fund Targets Young People in Business Start-Up Loans Plan.

Traveling the world, meeting startups: What We learned

The Next Web

The Next Web’s Startup World – the global competition to promote entrepreneurship and startup culture globally- traveled to Mexico City, Peru, Chile, Buenos Aires, Brazil, South Africa, Kenya, Rwanda and Tanzania August and September this year – we met over 1500 entrepreneurs, investors and hackers from tech ecosystems around the world. kenya’s winner Sematime makes it easy for people to send bills and invoices to large groups of contacts via SMS.

Chile 118

SXSW Pitch Finalist: Hemafuse

Austin Startup

A demonstration of Hemafuse at the launch event with Amref Health Africa in Kenya. It is currently sold in Africa through Kenya’s largest medical distributor. Governments are also investing heavily in health care to combat chronic and critical illnesses.”

Bankless Banking Is Ready For Its Close-Up

YoungUpstarts

In Kenya and Tanzania, over 25 million people use the M-Pesa mobile payments platform, operated by Safaricom and Vodacom, with money sent via text message. Expectations rise, then, faster than governments can deliver.”. Governments love mobile money because it allows them to track and tax the commerce and it is an ideal anti-laundering tool because all transactions can be traced. by Harold Montgomery, Chairman and CEO of MoneyOnMobile.

India 100

Neurodiversity: Marie O’Riordan on the sense of belonging

Transformify - Recruiting

In 2006, I volunteered in an orphanage in Nairobi and Mombasa in Kenya. ‘’Diversity Hiring’’ series features world diversity and inclusion leaders and their thoughts on diversity recruitment, cultural diversity and equality. Our guest today is Marie O’Riordan, Senior Public Relations & Communications Manager at Prepaid Financial Services.

Mobile Payments: The Trillion Dollar Industry That's Never - AgileVC

Agile VC

But IMO it’ll take a “big bang” multi-party effort rather than an incremental innovation, so it’ll favor large organizations (big companies and/or governments) rather than startups. Government fiat. It’s highly unlikely but conceivable a newly-sovereign nation or a government unexpectedly bereft of it’s existing currency (e.g. M-Pesa created by mobile carrier Safaricom in Kenya is the best known example of this.

Mobile 200

20 Best TED Talks For Students Of Social Media

YoungUpstarts

In countries where the news media is often controlled by the government, real news doesn’t always make it out, and a “top-down” control of news means that citizens in repressive regimes may not be able to share their stories. In this talk, Erik Hersman discusses Ushahidi, a Google Maps mashup used in Kenya following the 2008 elections. As a student of social media, you undoubtedly know the impact that social media has had on the world.

Out of the Crisis #21: Tomas Pueyo on the hammer and the dance, political polarization, and how the pandemic will affect the way we live and work

Startup Lessons Learned

And then, once that curve is low enough, governments can dance, testing and tracking cases until the virus is eradicated or we develop a working vaccine. They didn't have experience buying bulk from the government things like masks or ventilators." These articles laid out in clear and concise terms the available strategies that would allow governments to deal with the spread of coronavirus.

37 Entrepreneurs Explain Why They Started Their Businesses

Hearpreneur

I had previously worked at an executive level in the government, specialising in international relations. Karibu Markets began after a trip I took to Kenya in early 2014. Each business has a story. No matter if the business is a Goliath like Wal-Mart, or a local business owned by a couple or family, the business has roots in an idea. For each business owner, the story of their journey can range from monetary needs or the passion for a unique project.

Out of the Crisis #19: Revolution Foods co-founders on feeding kids and families, being parent-entrepreneurs, and scaling food security innovations

Startup Lessons Learned

Kristin Groos Richmond : From my perspective, I started my career in investment banking, completely different segment, but had a life-changing opportunity to help start a school actually overseas in Kenya and saw, day in and day out, the advantage that students who were well-nourished, and that could mean coming to school having eaten a good breakfast, coming to school with.

10+ Trends: Recap of 2011 and What’s Next…

thebarefootvc

2011 was finally the year when the media spotlight shone on how under-represented women are in almost all power structures in business, government, technology and media – and how crucial it is that we leverage the leadership skill set that they bring to the table to tackle the problems facing the world today. As a venture capitalist, I am privy to innovations long before they become mainstream, one of the things I love about my job.