Alibaba founder Jack Ma is in South Africa to launch a new initiative for African entrepreneurs. Called the ‘Netpreneur Prize’, the aim is to build a community of 100 young African entrepreneurs by 2030 who will receive grants totaling US$10 million
Ghana’s President Nana Addo Dankwa Akufo-Addo launched an entrepreneurial programme “Presidential Pitch” where young Ghanaians with business ideas but lack of capital could be supported through the Ministry of Business Development. Pres Akufo also gave nearly all his monthly salary to the winner of the competition.
Alvin Chitena believes that coding is an essential skill and he is sharing his knowledge with young people, hoping to equip them for a bright future. Chitena says: “Leaders who don’t understand the importance of technology hinder the advancement of tech spaces.”
Zimbabwe’s microfinance banks have begun accepting cattle and other livestock as collateral to enable entrepreneurs in rural areas to obtain startup finance for their projects.
For the first time, invitation to the Tony Elumelu Foundation forum is extended beyond the 1,000. The foundation received 93,246 applications from all over the continent and will be the largest gathering of African entrepreneurs from 54 countries.
La Rona, the biggest diamond unearthed in Botswana and the largest find in more than a century, second in size only to the Cullinan diamond cut into the British Crown jewels has been sold, fetching a massive $53 million. The gem owned by Canadian company, Lucara was sold to London-based Graff Diamonds, which paid US$47,777 per carat for the diamond.
Our Man Crush Monday: Nasir Yammama is a multi-talented 27 year-old Nigerian creative technologist, entrepreneur, and nomad. He is intrigued by technology, design, enterprise, strategy, writing, art, philosophy, renewable energies, and agriculture. Well, a few words from us ‘Nasir Yammama, you are too much’.
The Arterial Network recently launched an ambitious programme that aims to create social change through cultural action and cultural policy in four African cities. Sophia Olivia Sanan spoke to five of the organisation’s members to find out more.
iflix is now in Kenya and is offering consumers at an affordable price to access a vast library of top Hollywood, Asian and African TV shows and movies, thus inching past the competition.
Nigerian entrepreneur, Oscar Ekponimo is working to reduce food waste in Nigeria using an app he developed known as Chowberry.
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