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#africa startup
mytechhubgh · 1 year
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[Infographic]: Here are some Startup Ideas for African Entrepreneurs
Africa is gradually becoming a business hub for entrepreneurs over the globe. Nigeria, South Africa, and Ghana have seen more startups spring up in multiple folds in recent years than in the past two decades. In March 2021, Flutterwave, an online payment platform available in over 33 African countries, became Africa’s fourth startup to reach unicorn status after it reached a valuation of over…
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Elephant illustration design ♡
Write your favourite 💬👇
Thank you! 🙏
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solarpunkbusiness · 1 month
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Meet the Nigerian women spearheading solar projects
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32-year-old green energy entrepreneur Yetunde Fadeyi will never forget what inspired her to start a clean energy company in Nigeria.
As a six-year-old, Fadeyi’s best friend, Fatima, was killed by carbon monoxide poisoning in her Lagos home, along with her father and pregnant mother.
“She often came over for sleepovers. But that day she didn’t,” says Fadeyi. “It was the time that they were stealing people’s generators, so they kept [the generator] in an enclosed area and by the time it was morning they were dead.”
After a childhood in Lagos plagued by intermittent electricity, a degree in chemistry and training in solar panel installation, Fadeyi started Renewable Energy and Environmental Sustainability (REES). The non-profit is dedicated to climate advocacy and providing clean energy to poor communities in rural Nigeria.
Bringing solar energy to Nigeria’s poorest homes
Since its inception in 2017, REES Africa has provided solar energy to over 6,000 people in the poorest parts of Nigeria, funded by grants and philanthropic donations.
It supplies solar microgrids, which generate energy through solar panels and store them in battery banks for distribution. The small grids bring high quality, cheap and constant power to up to 100 homes each, powering light bulbs, radios, sockets and other low energy appliances.
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Fadeyi says that energy companies don’t see any potential for profit in poor and marginalised communities. With around 40 per cent of Nigerians living below the national poverty line, it’s up to companies like Fadeyi’s to fill the gap for now.
Professor Yinka Omoregbe is hoping to bridge this energy gap as CEO of Etin Power, providing energy to offgrid communities using mini solar grids. She brings a wealth of experience to the role as a former national advisor on the reform of Nigeria’s petroleum sector and a former state attorney general.
In its first year, Etin Power provided electricity to over 5,200 people in three neglected coastal communities in Edo State, southern Nigeria. While the results so far are small, Omoregbe’s ambitions are far bigger.
We will have proven that it is possible to profitably give green energy to vulnerable communities.”
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fuzzyfestpuppy · 4 months
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Learning to love myself.
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afrotumble · 6 months
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Nigeria’s Chaotic Rise as the Tech Heart of Africa | Hello World with As...
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dailynewskit · 1 year
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Meet the Botswana AI startup looking to revolutionise marketing in Africa
The rise in popularity of OpenAI’s conversational AI chatbot, ChatGPT, has seen the entrance into mainstream culture of consumer facing AI tools. DALL-E, Midjourney and Stable Diffusion are some other popular tools. In Africa, however, innovation around generative AI products has not become apparent. This does not mean that there is no activity in the AI space on the continent. Seipone.ai is a…
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blaqsbi · 14 days
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Post: Nigerias YC-backed Chowdeck hopes to scale food delivery, a notoriously tough market, with $2.5M... https://www.blaqsbi.com/5QI7
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innonurse · 20 days
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AI drug discovery company Xaira emerges with $1 billion in funding
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- By InnoNurse Staff -
Industry heavyweights including ex-FDA Commissioner Scott Gottlieb, M.D., Nobel Prize winner Carolyn Bertozzi, Ph.D., and former Johnson & Johnson CEO Alex Gorsky, are among the prominent figures on the board of Xaira Therapeutics.
Read more at Fierce Biotech
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Other recent news and insights
New initiative launched to support health-tech innovators in Africa (Disrupt Africa)
Artificial intelligence capable of assessing cardiovascular risk during CT scans (Cedars Sinai)
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turkafrica · 2 months
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The Role of Technology in Turkey-Africa Business Networking: Digital Collaborative Growth
In today’s world of international trade, the convergence of technology and business networking has emerged as a vital force driving countries to new frontiers of cooperative development. The burgeoning relationship between Turkey and Africa is a prime example of this, as the combination of technological advancements and entrepreneurial spirit has created transformative opportunities. TurkAfrica Market is at the vanguard of this digital revolution; it is a platform that is ideally situated to use cutting-edge technology to facilitate the smooth integration of Turkish and African businesses.
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garage2growth · 2 months
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Join the conversation!
Join me on a global journey of empowerment with 'From Garage to Growth'—the podcast uniting African intrapreneurs with worldwide wisdom. Unveil the strategies, stories, and visionaries shaping the landscape of innovation. Let's unlock the keys to success together, transcending borders and embracing the spirit of entrepreneurship. Tune in and ignite your entrepreneurial journey on a truly global stage!
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Parrot logo design ♡ 1 or 2? 💬👇
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solarpunkbusiness · 1 month
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Rural business owners embrace solar power to boost revenues and cut costs
“Before I bought this solar, my phone used to go off, and I couldn’t be reached by my clients who wanted to buy farm produce,” she told this writer.
Ruto’s phone’s constant low battery became a problem, resulting in additional losses from missed opportunities. With solar, she can maintain a constant connection with her customers and receive orders for her merchandise on time.
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Josephine Tonon, a small-scale businesswoman also living in Morop village, has already connected her house and shop to electricity. However, the high cost of electricity — a minimum of USD 114 (KSH 15,000) — makes her opt for a solar lamp. She also relies on a portable lamp for lighting during power outages. 
Tonon told us that since adopting solar energy, which costs USD 15 cents (KSH 20) per day, she has saved up to USD 1.52 (KSH 200) per week.
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claytonjohnston29 · 2 months
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Finance Consultancy Services In South Africa
That’s as a end result of unprecedented uncertainty and volatility call for businesses in each business to activate new levels of innovation and launch rapid transformations that solely digital technologies could make possible. MISSIONDeveloping one SMME and SME at a time ensures we create extra companies, and this creates more careers. We need our business house owners and workers to be active within the economy and assist South African small companies rescue our economic system. Enable the companies to grow in a sustainable manner utilizing accounting and financial info as the start line to develop the business. Client surveys Two on-line surveys have been then conducted among about 2,000 senior executives who've used management consultancies up to now four years. They both registered themselves for the surveys on ft.com between June 19 and August 20, 2023, or were recruited by way of an online entry panel from September 11-24, 2023. Ensuring a seamless, price efficient method to cross-border transfers that can assist you safely navigate the complexities related to the international flow of cash. During the GFC, many GPs bought again debt of their portfolio corporations that was trading at a deep discount amid the financial malaise. The wager was that these corporations would outlast the recession and the debt would eventually bounce again, truly enhancing the overall return. Exit exercise fared even worse than dealmaking in 2023, as rising interest rates and macro uncertainty left buyers and sellers at odds over valuations. Likewise, it assists purchasers in planning for retirement, business succession, and wealth transfer. The firm additionally presents steerage and assist to organizations as they navigate the changes remodeling their industries and companies. Huron, which was founded in Chicago, Illinois 20 years in the past, has just below 4,000 workers across 25 areas in North America, Europe, and Asia-Pacific. accounting services From reshaping the healthcare ecosystem, to redefining how care is delivered and financed, Chartis helps its clients achieve meaningful and lasting results. Following the merger, greater than 27,000 gifted Syneos Health people now form one unique model that offers a mixture of analysis and advisory services. The pitch appears to be working, as Syneos Health continues to grow and at present boasts customers in additional than a hundred and ten countries. Franschhoek Consulting is a boutique financial advisory and wealth administration practice with over 30 years expertise in providing personalised, discrete financial planning, funding services and legacy management to families and family Trusts. What are the top consulting corporations in South Africa for Financial Services services? The high Financial Services consulting corporations in South Africa list presents the region's leading consultancy corporations in the sector, based on our unique database of more than 2 million data factors spanning insights from clients and consultants. Our digital products have been built to assist better understand and navigate your small business points so as to adapt and develop within the face of disruption. Create methods which would possibly be simple to use, encourage adoption and permit folks to generate accurate and innovative perception. We have helped 1000's of rising, middle-market and large companies obtain greater success by figuring out financial alternatives and growing effective financial plans to realize them. If somebody you understand has enjoyed a long-term relationship with an advisor, that’s peace of mind you doubtless can’t get from an internet matching tool. Advisors with the Garrett Planning Network must be hourly-based, fee-only fiduciaries with no investment minimums—a uncommon combination—and both have or are learning in course of a CFP or CPA with Personal Financial Specialist (PFS) credential. After a brief consumption questionnaire, algorithms and people work together to match you with a 3 advisors, some of whom may be native.
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lindegaardbrowning03 · 2 months
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Top Financial Services Consulting Firms Within The Uk
This consideration to element helps uncover potential deductions that might be missed by those without specialised tax information. In a interval of sustained high (or a minimum of higher) interest rates, however, sustaining efficiency will doubtless name on GPs to boost their recreation in phrases of worth creation. Buyout funds on average have primarily ignored margin progress as a driver of worth during the last decade and have been carried along by a number of expansion (see Figure 27). Surveys recommend that LPs remain dedicated to non-public fairness, both quick time period and long run (see Figure 23). But as a practical matter, growing allocations will come right down to cash flows. LPs have been cash flow adverse for 4 out of the last five years, as unexited property began to pile up and DPI lagged (see Figure 24). They could seek assist in analysing financial data, refining internal procedures, or implementing profit-boosting tactics. Finance consultants provide useful insights and suggestions by bringing a brand new perspective and specialised experience to specific difficulties encountered. Small and medium-sized corporations frequently search Finance Consultancy services to assist them in correctly managing their financial operations. These corporations could lack the assets and knowledge to handle refined financial considerations including financial planning, budgeting, and cash move administration. The job market boomed in the course of the pandemic, with the unemployment fee going from 6.4% at the beginning of 2021 to 3.5% at the end of 2022. It hovered at historic lows via last year, finally notching an uptick to two-year highs within the newest payroll report. Only 44% of employees beneath 30 said they were "very satisfied" with their job, based on a 2023 Pew Research research. On the flip side, enrollment in liberal arts applications — an area of lecturers usually tarred as impractical in the job market — dropped 17% from 2018 to 2023. That's compared to pc and knowledge sciences, for which enrollment has soared 34% since 2019. Much of these 11 months have been spent battling a continuing wave of rejection, she says, although she was job looking around 40 hours a week and had already had 5 years of experience in her chosen field. Over the past two years of inflation adopted by financial tightening, curiosity coverage ratios amongst buyout-backed companies have dropped sharply to 2.4 times cash move within the US and a pair of.6 occasions in Europe (see Figure 16). Those are the lowest ranges since 2008 and counsel that, for the common buyout-backed portfolio firm, paying off curiosity has already gotten significantly tougher. In 2023, in accordance with Dealogic, $95 billion in leveraged loans got here due and presumably needed to be refinanced at larger rates. And by year-end 2025, loans value greater than three times that quantity (approximately $300 billion) will mature, making life tough for GPs who have but to exit them (see Figure 17). The sponsor-to-sponsor channel (deals between private equity firms) was similarly challenged in 2023. Some or the entire services described herein is most likely not permissible for KPMG audit clients and their associates or related entities. The information contained herein is of a common nature and isn't intended to deal with the circumstances of any specific particular person or entity. Although we endeavor to supply correct and well timed data, there may be no assure that such data is correct as of the date it is acquired or that it'll proceed to be accurate sooner or later. No one should act upon such info without appropriate skilled advice after an intensive examination of the particular scenario. medium business accounting services Otherwise, the exit channels have largely dried up, leaving general companions (GPs) with a towering $3.2 trillion in unsold belongings and stanching the circulate of capital again to limited partners (LPs). • Consulting firms outdoors the highest 10 per cent, however nonetheless inside the high forty per cent (based on the total number of recommendations) among all awarded corporations in each sector and repair space, obtained a silver score. Partners and executives could make recommendations in sixteen sectors and for 14 consulting services, and could suggest consulting networks. Most business owners, leaders and managers usually confuse or overlap the two and it's our accountability that can help you to create a transparent separation so that you simply can develop the business, whereas providing your purchasers with the advice. We companion with our shoppers to work ON and IN their businesses, to take them from where they are to where they have to be. From industrial, private and retail banking clients to digital natives, digital attackers, fintechs and other disruptors, we assist our purchasers achieve results right now as they make the important moves wanted to win in the years ahead. The BLS doesn't release particular figures for financial consultants, probably due to the vague and generic nature of the job title. But the company notes that business and financial occupations are anticipated to increase extra shortly than the typical. A specific major isn't required to enter both of those professions proper out of faculty as much of the knowledge required is discovered on the job. Keep in thoughts, although, that some majors provide a head start, such as finance, economics, accounting, math, business management, and statistics. A lot of analysts and consultants study economics or finance in undergraduate school, and lots of go on to earn their grasp of business administration (MBA). Bain & Company analysis shows that corporate consumers may start to get more active if charges stabilize and the financial outlook improves. As a financial analyst's career grows, they will earn more, setting them up to stay a snug life. The financial business is well-known (even infamous) for its long hours and rigorous job calls for. There is some evidence that main financial institutions are attempting to curb workloads and reduce burnout amongst their employees, however most aspiring financial professionals must be ready for many further hours at their workstations. She worked for nearly 20 years as an executive, leading multi-billion greenback mortgage, credit card, and financial savings portfolios with operations worldwide and a singular focus on the buyer.
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abiodun-360degree · 3 months
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Embracing Diversity and Inclusion in the Professional Landscape
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blogs.vmware.com Embracing Diversity and Inclusion in the Professional Landscape Dear Readers In an era where the global professional landscape is evolving at an unprecedented pace, the significance of diversity and inclusion cannot be overstated. Today, more than ever, organizations are recognizing the importance of cultivating an environment that not only values differences but actively…
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naijabullet · 4 months
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Global Innovation Fund for Organizations | How to Apply
Here’s an opportunity to apply for the Global Innovation Fund (GIF) which is designed to help organizations like yours grow. This Global Innovation Fund programme is a social impact-first investment vehicle that collaborates with mission-aligned development agencies, philanthropy, and other funders to identify and fund evidence-based innovations that have the potential to improve the lives of…
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