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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. Those countries relying on agriculture or oil production tend to have high unemployment rates and wide skills gaps. Kenya: Youth Fund Targets Young People in Business Start-Up Loans Plan.

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Paul Herdsman Of NICE Global: The Benefits Of Utilizing Nearshore Outsourcing For Your Business

YoungUpstarts

Usually, these offshore suppliers are in Asia, (India, Afghanistan, Malaysia, China, Vietnam and the Philippines), Eastern Europe (Russia, Romania, Bulgaria, Armenia), or Africa (Morocco, Kenya and South Africa). With an international team, you may have to wait days before you get a word back, substantially reducing productivity.

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My 13 Favorite Alternative Funding Options of 2013

Up and Running

If you’re raising money for a product or project (like an expansion)…. You must offer a product in exchange for the donations you receive ( a popular choice is to offer the product you are raising money to produce ), and you can’t keep the money you raise unless you reach your fundraising goal on-time.

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How Lean Startup Helped Serve Communities in Kenya

Startup Lessons Learned

First up in our speaker spotlight series is an edited transcript of our Q&A with Rocio Perez-Ochoa , co-founder of Bidhaa Sasa , a non-profit working to distribute beneficial goods to rural communities in Kenya. Fix the distribution bottleneck in rural Kenya. “My The inspiration for Bidhaa Sasa? Don’t get into a “startup mindset.”

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SXSW Startups: Pawame Powers Africa

Austin Startup

Based in Nairobi, Kenya, Pawame uses tech-enabled loan management and mobile money payment platforms to offer its customers a means of finance that is not limited by distance or lack of Internet access or a bank account. Two is to reach up to 20,000 new households, including expanding into one, maybe two new markets outside Kenya.

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MicroAid: Helping Entrepreneurs Rise Out of Poverty

Up and Running

They note that capital is a scarce resource for these entrepreneurs, but market knowledge, production skills and a business plan can be accessible to everyone. ” One way they’ve improved the lives of members a community was to help solve the problem of fuel efficiency for cooking in a small town in Kenya. Choose wisely.

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When Third is First

thebarefootvc

Take a look at these innovations which were first implemented in the emerging markets and are now making their way to the “first world”: Mobile Money: Six years ago, mPesa launched in Kenya to transfer money via cellphone. A network of accessible agents throughout the country allows people to redeem money transferred to them.

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