Last night the Jack Ma Foundation hosted its first annual Africa Netpreneur Prize Initiative grand finale awarding $1 million (Shs3.6bn) in prize money to 10 entrepreneurs from across Africa. The ANPI is a flagship initiative of the Jack Ma Foundation, created by China’s richest man, Jack Ma after his first
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Over 200 Small and Medium Enterprises (SMEs) have been enlightened about the existing untapped opportunities in the oil and gas sector at the midstream stage. The enterprises who are dealing in construction, engineering, ICT among others have been urged to position themselves to provide services by bidding for services and
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Billionaire philanthropist and Microsoft co-founder Bill Gates (pictured above) regained his status as the world's richest person for the first time in two years on Friday, topping Amazon CEO Jeff Bezos, Bloomberg reported. The Bloomberg Billionaire Index that tracks the wealth of the richest 500 people is updated after US
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Safaricom and Huawei have jointly received the prestigious Most Innovative Service “the Business of Tomorrow” award at AfricaCom 2019 in Cape Town. This Award recognizes the two companies for offering the new revolutionary Mobile Money Overdraft service, known as “Fuliza”. This service enables users with insufficient funds in their M-PESA
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Family businesses are rarely viewed as a sector which could influence economic growth, but the Africa Investment Forum is recognising them as important players on the continent. For the first time at a conference of this nature, families running business empires have been given a platform to share their views
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The European Investment Bank (EIB) has announced a $1.1 billion (Shs4 trillion) lending programme to help women entrepreneurs on the African continent. EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent. But the major deal is what
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Halima Aliko Dangote (pictured) has been appointed as the Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), one of Africa's largest and most diversified business conglomerates. According to a release by the company, Halima Aliko Dangote, a Nigerian businesswoman and daughter to Africa’s richest man, Aliko Dangote, is
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The Mastercard Foundation Centre for Innovative Teaching and Learning in ICT has issued a Request for Proposals (RFP) inviting growth-stage, educational technology (EdTech) innovators to apply for an opportunity to grow their ventures while contributing to improving the quality of education in Africa. The deadline for submissions is November 21,
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Uganda Registration Services Bureau (URSB) and Financial Sector Deepening Uganda on Friday signed a Memorandum of Understanding (MoU) that aims at fostering partnership in mutual areas of interest, such as positioning the Security Interest in Movable Property Registry System (SIMPO) to Uganda’s under-capitalized business ventures. The MoU will provide a
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A total of 20 Women entrepreneurs have successfully made it to the list of the top 20businesses in the running for the ‘Rising Woman’ initiative Awards. Three (3) winners will be selected from this shortlist to receive Awards and cash prizes totalling to UGX 30m. The top 10 finalists will
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