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Oradian named Top 100 African FinTech and winner of the European FinTech Award

With operations in five countries, including Nigeria, Ghana, Liberia and Malawi, Oradian reached a new milestone of serving over one million end-clients globally in June 2017 ZAGREB, Croatia, October , 2017/ — Oradian, the fintech company from Croatia, claimed its position as a leading technology provider with both a first-place finish in the European FinTech Awards competition and a nomination as a Top 100 African FinTech company. The win at the European Fintech Awards recognises Oradian as the European leader in Innovative Banking Software designed for microfinance institutions (MFIs) and…

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Africa Business Economy Entrepreneurship General 

These women spot fashion trends in Brazil and bring them back to Angola

Angola, a Portuguese-speaking country, is strongly influenced by the cultural output of Brazil, the world’s Lusophone powerhouse. Brazil is often represented as a land of hope in Angola. Angolans can’t get enough of its telenovelas, the intrigue-filled television dramas that are broadcast daily on Angolan channels, or of the glamorous styles worn by soap opera stars. To satisfy women’s fashion demands, a growing number of female entrepreneurs in Angola’s capital Luanda are hitting the road, travelling by plane to Brazil, among other fashion hubs, to buy up coveted Brazilian styles….

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Africa Business Economy Entrepreneurship Featured General 

21-YEAR OLD KENYAN ENTREPRENEUR LAUNCHES SAFI PADS – AFFORDABLE REUSABLE SANITARY PADS FOR LOW INCOME WOMEN

In 2013, 21-year-old Kenyan entrepreneur Barclay Paul Okari noticed problems caused by the unavailability of sanitary pads for teenage girls in the rural settlements of Western Kenya, Eastern Uganda and Southern Sudan. So, he decided to make a product that was half the market price of commercial sanitary pads on the market. His product, Safi Pads, are made from soft locally-available materials and is washable and reusable. His brilliant invention now affords access to cheap, clean and safe sanitary protection for thousands of young women in his country and neighboring…

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Africa Business Economy Entrepreneurship General 

$13 million fund targets 15,000 Nigeria and Tanzania youth with agrifood employment

A five-year, $13 million collaboration between Michigan State University and The MasterCard Foundation will help 15,000 young people access employment and entrepreneurship opportunities in the fast-growing horticulture, aquaculture, poultry, cassava and oilseed sectors in Tanzania and Nigeria. The partnership, the AgriFood Youth Opportunity Lab, will focus on youth ages 18 to 24 in major food shed regions surrounding Lagos and Dar es Salaam. The Ag Youth Lab will assist economically disadvantaged, hard-to-reach and out-of-school youth transition into employment and entrepreneurship opportunities in the agrifood system. “Working with The MasterCard Foundation and African…

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Africa Business Economy Entrepreneurship General 

Tackling Africa’s jobs challenge

Yet in February, at least 20 of the unassuming businesses were reduced to pitiful scenes of desolation, their insides gutted by rampaging gangs of locals in South Africa’s latest bout of xenophobic violence. For the Nigerian and Pakistani owners lucky enough to be absent from their businesses at the time of the assault, the discovery of shattered glass, vandalised storefronts and emptied shelves represented a bitter end to the dream of a better life. The sprawling townships of Johannesburg and Pretoria have long been a magnet for African and other…

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Africa Business Economy Entrepreneurship General 

The 2017 AFRICA CEO FORUM AWARDS Picks Mohammed Dewji, Group CEO of MeTL, as ‘CEO OF THE YEAR’

GENEVA, Switzerland, 20 March 2017,-/African Media Agency (AMA)/-Mohammed Dewji, Group GENEVA, Switzerland, 20 March 2017,-/African Media Agency (AMA)/-Mohammed Dewji, Group CEO of MeTL (Mohammed Entreprise Tanzania Limited) takes home the prestigious CEO OF THE YEAR award and Anta Babacar Ngom Bathily of Sedima wins the award for YOUNG CEO OF THE YEAR. Mohammed Dewji beats off competition from business heavyweights across the continent to take home one of the biggest awards in Africa’s private sector at a gala dinner on the first day of the Africa CEO Forum. In his…

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Business leaders share how they are dealing with some of Africa’s current challenges

Geopolitical events, fallen commodity prices, and slower global growth are all factors that have negatively impacted many African economies over the last few years. Take Nigeria as an example. Three years ago, the west African country overtook South Africa as the largest economy in Africa and was the poster child for the ‘African rising’ narrative. But a lot of this optimism faded after the oil price took a dive in mid-2014. With less revenue from oil exports, the country has plunged into economic instability, and foreign direct investment (FDI) has…

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Africa Business Economy Education Entrepreneurship Featured General 

The 2017 AFRICA CEO FORUM AWARDS Recognise Business Leaders and Companies that Shaped the Year in Africa

GENEVA, Switzerland, 13 March 2017 ,-/African Media Agency (AMA)/- The AFRICA CEO FORUM 2017, the most high-profile international forum on African private sector development, will be held on 20 and 21 March in Geneva and, for the fifth consecutive year, will salute the economic performance of African business leaders and companies at the 2017 AFRICA CEO FORUM AWARDS. Every year, the AFRICA CEO FORUM AWARDS recognise those companies and investors whose strategies and performance have contributed most to Africa’s growth dynamic over the past year. On the night of 20…

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Africa Business Economy Entrepreneurship 

Innoventures launches “Startup Reactor” Fourth Cycle in Partnership with VC4A and SRI

CAIRO, Egypt, March 2, 2017/APO/ —Innoventures  has just opened applications for the fourth cycle of its accelerator program ‘Startup Reactor’ in partnership with VC4A (https://VC4A.com) after a successful third cycle and its grand finale last December. The new cycle comes along with the launching of a new 30 million EGP venture capital fund which continues to show Innoventures’ leadership in Egypt’s venture capital space. Startup Reactor is a unique accelerator program designed to support innovative startups operating in several high-opportunity industries in Egypt. The program creates an environment to connect…

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Africa Business Economy Education Entrepreneurship Featured General Social 

Facebook’s Chief Product Officer in Nigeria to speak at Social Media Week and meet local entrepreneurs and creatives

LAGOS, Nigeria, February, 2017/ — Chris Cox, Chief Product Officer at Facebook is in Nigeria today, to speak at Social Media Week in Lagos about the future of media, and to meet with Nigerian entrepreneurs and content creators. Nigeria is the first stop on a week-long trip to West Africa where Chris will visit Nigeria, Ghana and Senegal to learn about the challenges and opportunities people in the region face so that Facebook can better serve the region’s content creators, entrepreneurs and developers. Inspiration for content creators at Social Media…

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