15
Nov 2016
That important legal agreement to safeguard African Founders, co-Founders, and Start-ups

From over 5 years of practice, I have noticed one extremely important legal agreement that most start-ups in Africa are either unaware of or haven’t fully taken advantage of. This agreement is referred to as “the Vesting Agreement”. Quickly, before we go into the nitty-gritty of a vesting agreement, I will like to explain what a “vesting” is and what are “vesting agreements or clauses”, strictly in the context of its functionality to an African start-up. Vesting is a process by which benefits, privilege, authority, rights, or interest in......

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13
Nov 2016
Meet Jean-Patrick Ehouman, the Ivorian Entrepreneur who loves to gives back

Jean-Patrick Ehouman is an Ivorian Tech Entrepreneur and rising african leader working on global issues in Africa. He is concerned by local softwares and apps and also african content. Basically a software architect, he is running Akendewa, a tech NGO and Tech Hub he started in 2009 and where his team and him are engaged in producing community apps (health, election, social engagement, …) and teaching young Africans how to use technologies for entrepreneurship and culture of peace. His organisation is the biggest tech community in Francophone Africa with......

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10
Nov 2016
Young entrepreneurs in West Africa partner the Commonwealth to redefine the African single story

From October 25-27, 2016, young entrepreneurs from the Commonwealth countries of Cameroon, Ghana, Nigeria, and Sierra Leone gathered at the Ford Foundation in Lagos, Nigeria, to discuss the challenges facing young entrepreneurs in West Africa, and work towards the creation of the Commonwealth Alliance of Young Entrepreneurs-West Africa (CAYE-WA). Within the Commonwealth, there have been concerted efforts by various leadership bodies to encourage youth entrepreneurship. The Secretariat has supported the creation of Commonwealth Alliances of Young Entrepreneurs, starting with Asia in November 2011, which has now spun off into......

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24
Oct 2016
mathus lawson

Mathus Lawson is a dynamic and eccentric entrepreneur who recently sprung up in Benin. Mathus is a software developer. He identified the problem of easily locating good, services and places. Then, he solved it. He then proceeded to build Beninlogis. It is a location-based platform that enables citizens in Benin search for properties, services or products easily locate them virtually. Using Beninlogis is quite easy. The site includes a list of industries (agribusiness, commerce, shopping, culture, vents, restaurants, hotels, real estate etc.).  For example, If you select restaurants, the map automatically updates......

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17
Oct 2016
Started a Start-Up? These Tips Can Keep Users Visiting

Last month, I wrote an article on “The Afroprenuer” titled “Attracting and retaining your first users as a virtual start-up”. Now, this month, I’ll be writing on important tips that can literally move your business from hundreds to thousands or millions of customers (or users for technology start-ups). As a recap, in the previous article, which was centered on research carried out on five successful start-ups: Konga, Jumia, Uber, Airbnb, and Jobberman, we explored three main points for attracting and retaining first customers, which are: Think like your customer......

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27
Sep 2016
Attracting and retaining your first users as a virtual start-up

I have had startups across Nigeria, Kenya, and Ghana, and clients who consult with SME Growth Hub, especially technology startups, ask the same ageless question; “how do we get our first line of users for our platform?” This had me gathering some research, which I’ll freely share with you. I am writing to help startups across Africa, and anywhere else, with developing the frame of mind and strategic thinking for finding the first users and consolidating on them. This write-up is centred around five successful startups — Konga, Jumia,......

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25
Sep 2016
Meet Eromo Egbejule, the fearless Journalist

Eromo Egbejule is a Nigerian writer and journalist who writes on arts & culture, technology, business, human interest, conflict and the intersection with everyday living. His works have been published on various platforms including The Guardian, Reuters, Africa Check and The Africa Report and have also been translated into a number of languages including French & Spanish. Eromo is quite fearless and loves to go where the story is.  He was in Liberia to cover the ensuing situation when there was an outbreak of Ebola and recently embarked on......

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21
Sep 2016
Africa’s Next Greatest Goldmine: Youth Entrepreneurs

Lack of employment opportunities for young people has a significant hindrance to developing sub-Saharan Africa. Entrepreneurship is undoubtedly the greatest way to build prosperity and the only vehicle that can create true wealth, employment and ownership. As the most important vehicle for economic growth, there is little known about how best to support youth entrepreneurship. As Youthia, we propose the Youthia Model that outlines four core tenets that will radically disrupt the level playing field for the greater good. The Youthia Model focuses on four core priorities – namely......

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19
Sep 2016
The Beauty Of Work

It is only well with me when I have a chisel in my hand. -Michelangelo Our village had twenty houses and almost every adult in the village was a farmer. My dad has the habit of rising up very early in the morning, sharpen his cutlass and head for his farm before daybreak, while other men in the village were still sleeping. I was born when Papa was about sixty-five years old. As the second child of his third wife, Papa love me so dearly. When I was a......

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12
Sep 2016
Yusufa Sey, democratizing access to genetic information

Yusufa Sey is a Gambian entrepreneur now living in Denmark. He is a serial idea generator and business developer. His never say die attitude has made him delve into businesses ranging from starting an Agro-Forestry export company in West Africa, to facilitating deals on behalf of of Chinese investors in West Africa. His belief in a future where people have access to understanding their genetic predispositions towards things like sports injuries, their muscle recovery time, their unique stamina profiles led him to start a company called AthGene. The startup......

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