The Obama Foundation Calls on Young Africans to Participate in the Leaders Africa Program

    The Obama Foundation seeks to identify emerging African leaders from all sectors who have demonstrated a commitment to advancing common good, to participate in the inaugural class of the Leaders Africa Program.  This program is aimed at talented individuals who are on the right trajectory at earlier stages of their journey, as well as those who have already attained success.

    The objective of the program is to build a growing network of innovative and ethical change makers in sectors including government, civil society, and the private sector, who seek to drive positive change in their communities. Successful candidates will have a demonstrated potential for impact, a clear commitment to integrity, and a commitment to stay engaged with the Obama Foundation throughout the year and beyond.

    The inaugural class of the Leaders Africa Program will convene in Johannesburg, South Africa from July 14 through July 18, 2018, as well as participate in robust online activities throughout the year. Costs related to economy class travel, lodging, and meals throughout the July 14-18 duration of the program will be footed by the foundation.

    Applications should be submitted via this link, no later than 6:00 PM ET (11:00 PM GMT) on March 25, 2018. Applicants will be notified of their status via email on a rolling basis beginning on April 27, 2018.

    Candidate Criteria

    • Citizen of an African country
    • Fluent in English (verbal and written)
    • Emerging leaders from all sectors approximately between 24-40 years of age
    • Available to travel to Johannesburg, South Africa from July 14 through July 18, 2018
    • Civically minded with a track record of impact
    • A clear commitment to integrity
    • A commitment to stay engaged with the Obama Foundation throughout the year and beyond
    • Ability and inclination to positively transform the future of Africa or their community

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    Entrepreneurship Global Innovations News Tech

    GSMA Innovation Fund: African startups can secure £250K in equity-free investment

    The GSMA Ecosystem Accelerator Innovation Fund has opened applications for the 3rd round of its accelerator where startups from Africa and Asia can secure up to 250,000 GBP in equity-free funding.

    Startups from any sector that are at the post-revenue stage, and using mobile technologies such as big data analytics, SMS, mobile money, IOT, USSD, and IVR to solve local challenges can apply for the programme.

    The selected startups will receive mentoring from experts and have access to potential partnerships that can help them scale their products and services into sustainable businesses with positive socio-economic impact. “The objective of the fund is to establish partnerships between mobile operators and startups in order to increase the reach of innovative mobile services to low-income citizens,” says GSMA.

    “For the third round, the fund will be supporting start-ups willing to work with mobile operators. The fund is sector-agnostic and open to post-revenue start-ups using mobile to solve local challenges in Asia-Pacific and Africa,” the fund added.

    The eligibility criteria for interested startups include having active users and revenue in at least one market, as well as clear and measurable socio-economic impact targeting low-income citizens, rural populations, women and /or youth. They must also be registered or operating in the country of project implementation.

    The GSMA Ecosystem Accelerator Innovation Fund is supported by the UK Department For International Development (DFID), the Australian Government, and the GSMA.

    The deadline for submission of entries is 15 April, 2018. Interested startups can get more information about the programme here.



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    Entrepreneurship Global Innovations News Tech

    Seedstars World to hold global summit in April

    Seedstars World, a global competition for startups in emerging markets, will hold its global summit on 12th April 2018 in Lausanne, Switzerland.

    Over 60 selected startups that emerged winners in their local competitions conducted by Seedstars will be competing to win up to $1m in equity investments and other prizes.

    Throughout last year, Seedstars was visiting emerging markets and fast growing startup scenes to organize local competitions in different regions, including Central and Eastern Europe, the Middle East, Latin America, Asia and Africa.

    The summit will also have in attendance startup enthusiasts, investors, business angels, government officials, incubators, NGOs and journalists from across the world.

    According to Seedstars, the selected entrepreneurs will also receive training from various experts on Monday and Tuesday, before the main summit on Thursday to provide them with in-depth insights and business mentorship.

    The startups will also participate in an Investor Forum to present their one minute pitches, and attend the one-on-one meetings with Swiss and international investors.

    The main summit will take place on Thursday, April 12 with several workshops and talks. The Seedstars Global Winner from the 12 finalists selected during the previous day’s Investor Forum will be announced on the same day.

    Some of the speakers billed to speak at the event are Gwendolyn Regina, an angel investor and entrepreneur in residence at Entreprenur First, Rebecca Enonchong, founder and CEO of AppsTech, Tallis Gomes, and Gibran Huzaifah, a fish farmer turned agriculture tech entrepreneur.

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    Entrepreneurship Nigeria Podcasts

    Episode 14: How to build a new business from an old industry – Oluyomi Ojo, Co-founder of Printivo

    Episode 14 of Building the Future With Dotun is here. In this episode, Oluyomi Ojo, Co-founder of Printivo, answers questions from Dotun Olowoporoku. You are invited to listen to how to build a new business from an old industry.

    “The customer is not just the king, he runs the business”

    On today’s episode of Building the Future, we have Oluyomi Ojo, Co-Founder of Printivo. Printivo is  a DIY (do it yourself) web-to-print-to-doorstep platform. This startup is trying to redefine the digital printing business by offering consumers a radically easy solution  for meeting their printing requirements.

    Oluyomi has always been an entrepreneur. Specifically, he has always been involved in the printing industry. He grew up learning from his dad who was a printing broker and ran a print business as a side hustle while in college.


    On this episode, you’ll learn:

    • How his first employee became one of his co-founders
    • Why he doesn’t favour pay-on-delivery and what he things the better model is
    • Their first investor meeting, how unprepared they were and how they were able to pull through
    • How he and his co-founders invested their life savings – $60,000 to launch their business.
    • His first business (Urbanbase) and how it’s still doing well despite his absence
    • About the challenges and bottlenecks of running a print business in Nigeria.
    • The underlying principle of Printivo
    • How and when they got their first client
    • About Printivo’s initial Minimum Viable Product (MVP) and what changed
    • And more

    For more details about this podcast, go to:

    All rights reserved. This publication/podcast may not be re-published in part or whole, without the expressed permission of Dotun Olowoporoku.


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    Entrepreneurship News Tech

    12 African startups for Village Capital Fintech Accelerator

    12 African startups have been selected for the Village Capital and Paypal Fintech Accelerator for 2018. The startups will undergo a three-month training and the best two participants among them will receive US$50,000 investment

    The accelerator programme is aimed at promoting the growth of financial technology (fintech) services and bringing millions of unbanked and underbanked Africans closer to the formal economy.

    Outrepreneurs reported in November 2017 when Village Capital opened the applications in collaboration with Paypal, an online payment solutions company. At the close of the applications last year, 165 entries were received and the 12 startups have been selected.

    The successful startups were selected from three African countries, four each from Kenya, Uganda and Nigeria. The four startups from Kenya include Annona, an online platform for small scale producers, FPESA, an online platform for foreign services, Bima, an online platform for insurance, and Tulaa, a tech startup connecting agri-input sellers, financiers, and buyers to small-holder farmers.

    From Uganda, the four startups are Ensibuuko, a cloud-based platform for financial institutions, Mazima Retirement Plan, an online savings platform for people in the informal economy, Numida, a startup providing digital services for SMEs and Patasente, an online supply chain financing platform.

    Nigeria’s startups, CredPal, an online credit financing startup, Riby Finance, an online cooperative solution startup , Social Lender , a credit lending startup, and Youverify, an identity verification platform made the cohort.

    The accelerator will run from March to May and the startups will have opportunity to meet strategic partners and investors and be mentored by some sector experts and entrepreneurs.



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    Business Entrepreneurship News

    African Entrepreneurs to Share 1 Million Dollars in prize money at BMCE Bank African Entrepreneurship Award 2018

    The African Entrepreneurship Award is offering 1 million USD to all eligible African entrepreneurs with an existing business or just an idea for a business.  If you’re looking for mentoring to launch or grow your business or idea in Africa, join the train to receive free, online mentoring from over 400 entrepreneurs, investors and business owners.

    The African Entrepreneurship Award, powered by BMCE Bank of Africa, offers a mentoring journey for business ideas that can impact and improve lives in Africa. The goal of the African Entrepreneurship Award is to inspire African entrepreneurs living in Africa and abroad to develop businesses across the African continent, creating jobs that improve lives. The Award partners with entrepreneurs, business leaders and leading academics from Africa, Asia, The Americas, UK and Europe. These partners are mentors who provide coaching to African entrepreneurs at every step of this journey. The journey includes USD$1 million across three categories: Education, the Environment and Uncharted areas.

    By this award opportunity, young entrepreneurs have a chance to begin a journey with real entrepreneurs who have been where they are today. The award program features three rounds of online mentoring where the mentors help define the markets and put the scalability of the different ideas to the test. Subsequently in October, the young entrepreneurs in the top 50 are visited by the Awards team. Lastly in December finalists benefit from a 3-day Boot Camp; then pitch their ideas to the Presidential Jury. The jury decides the number of winners and how the $1 million award is shared.


    You, the entrepreneur, must meet the following criteria to submit your business proposal:

    Your idea or business is a for-profit, you have a strategy for positive social impact, your idea is for Africa, or an African country, your idea or business includes a technological component, you must be a citizen of an African country, You must be a minimum of 18 years old as of November 1, 2018. and your business or idea must be applicable in an African country.

    Also, your business or idea must include a technological component (digital, machinery, computers, ICT, automated processes and field related technologies),  and you need to articulate the problem you are trying to solve as well as the solution you offer.

    Application Deadline is April 30th 2018. Apply HERE.

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