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May Business Angels Spread Their Wings Over Kenya?

Transformify

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.

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

Transformify

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: Youth Fund Targets Young People in Business Start-Up Loans Plan.

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Traveling the world, meeting startups: What We learned

The Next Web

kenya’s winner Sematime makes it easy for people to send bills and invoices to large groups of contacts via SMS. Governments supportive of technology. In Africa in particular governments are very involved in promoting technology and see it as a future industry that will kick start the economy. Many female entrepreneurs.

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Editorial: We owe a duty of care to founder mental health and it requires a collaborative solution

NZ Entrepreneur

His every move and misstep dissected and castigated by the same media and investors who sang his praises when things were going well, one can only guess at the anguish, shame and embarrassment that led the young entrepreneur into – what appeared to me as an uninformed observer – self imposed exile, in Kenya.

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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. Lidia Calzado, U.S.

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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. High transaction costs are another possible driver of Bitcoin adoption.

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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.