Rethinking Startup Finance in Africa

I had a wonderful opportunity to have a discussion with Eric Osiakwan an African tech luminary from Ghana and director of Ghana’s Cyber City initiative about startup financing in Africa, particularly in the technology sector. Eric has worked and ventured in 32 African countries where he has invested and worked with tech companies. As an angel investor, Eric […]

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Africa Spotlight: Global Entrepreneurship Congress Report from Rio, Brazil

Last week over 1,500 delegates from 100+ countries involved in entrepreneurship ecosystem building descended on the lovely city of Rio De Janeiro for the 4th Global Entrepreneurship Congress backed by Kauffman Foundation, supported locally by the city of Rio, Endeavor Brazil and other sponsors including Dell. You would be forgiven for thinking parts of Brazil remind you […]

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African or Africa-focused Tech Investors

Africa-targeted private equity and VC is on the rise, last year (2012) the total worth of PE deals closed in sub-Saharan Africa grew 10% from 2011 to $1.16 billion with funds raised for the region being $1.4 billion up from $1.3billion the previous year (Source – Reuters; also have a look at Ernst & Young’s […]

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The Silicon Savannah: Of Vanity Capital and Vanity Companies

This article was originally written by Jonathan Kalan for ImpactIQ.   NAIROBI – Here at ground zero for the new era of African innovation, investors are learning what an impact investing “bubble” looks like. Too much money, too few investment-ready companies. Lots of hype, uncertain impact. The city’s start-up scene has been hyped by international […]

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Startup Culture = Entrepreneurship Culture + Innovation Culture (SC = EC + IC)

Part of our recently released ebook “Innovative Africa: The new face of Africa“, studies startup ecosystems or clusters, what makes them tick and what it takes to create one. As far as creating startup ecosystems especially as far as technology goes, Silicon Valley is usually the model deferred to and most observed. This has evidenced […]

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Announcing the ebook: Innovative Africa – the new face of Africa

“‘Tech in Africa’ has come a long way in a very short time. It took less than five years for a small and fragmented group of pioneers to evolve into a sizeable pan-African community. It includes IT start-up centres, experienced computer literates, profitable start-ups, established businesses serving African and global clients and, most recently, a […]

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Savannah Fund: Be the change you want to see in the world…

Global Media react to Savannah Fund announcement at Pivot East Conference in Nairobi, June 6th 2012

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Startup Funding in Africa- Let's take a step back & talk Market Efficiency

Over the last few days… Actually it seems like forever- The web has been full of articles about how Africa needs startup funding. Almost everyday now I see some article about it. As a general rule when you hear the same thing over and over again- you should start to ask why? I have written […]

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Will the Local Tech Startup Investors Please Stand up?

The first live Afrinnovator Meetup (branded ‘kongamano’ – swahili for ‘meetup’) took place this past Monday at the incredibly huge 88mph-run Startup Garage space in Nairobi. The event put together a panel of funds and VCs that are focused on tech investment: Invested Development, an impact investor; 88mph, our gracious hosts and eVentures Africa. We […]

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Afrinnovator's First Live Event: Investor-Startup Meetup at Startup Garage

As we’ve noted before, funding is one of the hot topics when it comes to tech entrepreneurship in Kenya, and many other parts of Africa. We recently looked at the ICT Funding Gap in Kenya, and the challenges of finding investment at the earliest and riskiest part of a startup – the seed funding level. […]

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