5.16.2017

Pocket Doctor- Healthcare Done by Startups

On the flip side of undevelopment is opportunity: there is ample room for innovation (and even appropriation of established methods) to solve the myriad of health care problems in Africa. And startups are doing just that! According to McKinsey, the African healthcare space is a multi-billion dollar industry that is rapidly growing.

Access to health is typically abysmal in low-income countries. But, as the world becomes more connected, various businesses have sprung up to link patients to the appropriate health personnel, literally putting a doctor in your mobile phone. Paramount to the issue of access, however, is cost, and in areas where doctors are available, people are often priced out. That’s where startups like Mobisure come in.

5.02.2017

The Business of Doing Good Things

Africa's unique problems are increasingly being tackled by talented young social entrepreneurs whose businesses put community before profit. As the continent is swept along an admittedly low tide of the tech revolution, these entrepreneurs are nevertheless riding this wave to success. At the continental and global level, there are a partnerships and conferences geared towards ensuring that African entrepreneurs are empowered to achieve their goals which boosts this burgeoning business model.

Social entrepreneurship provides solutions to problems where governments are often too distracted by non-pertinent struggles leaving a gap which Africa’s social entrepreneurs fill by creating jobs for themselves while aiding development.

4.18.2017

You Shall Not Walk Alone

The saying goes, two heads are better than one, and in business, two pockets go much further than one. Going solo has its benefits but what happens on those days when nothing seems to work? When it feels like you have reached your limit and you have nothing more to give? What happens when you’ve put your last dime into the business and you have nothing to show for it? You may be able to find someone to talk to and share your problems with, but, how deeply will they understand your pain and your challenges? Since it is ‘he who wears the shoe that knows where it pinches’ your partner very often has their foot in the same pair of shoes, and thus feels the same hurt. It is often better, in business, not to walk alone.

4.04.2017

Data Blind- Growing Businesses where Data Does Not Exist


In the world of data mining and endless research, the risk involved in starting or growing your business has been reduced considerably. With market research data giving businesses a better idea of the preferences of their target market, companies are making more comfortable choices successfully. A silicon valley firm, for instance, increased its revenues by 24% in the last quarter of 2016 as a result of their data driven strategy. Now, there are downsides to every new strategy, but the business world generally views research data as a blessing.
The question most African entrepreneurs will however ask is with the lack of data in the developing world, these stories might as well be fairytales, right?
Wrong.

3.21.2017

The Customer and the Startup- Making Startup Dreams Come True


So you finally started that business. Congratulations! You have breached a major hurdle, many never even get started. And now with a heart brimming with hope and a very firm idea of how the next 20 odd years will be, you are looking forward to some success, soon-ish.
Much like a Disney movie, at the beginning of a new venture, the theme song just won’t quit. Euphoria makes you say, ‘let the challenges come!’ But the problem with stories like Cinderella is they never tell you what happens afterwards. What if Prince Charming was a snorer and Cinderella had little interest in being a princess (transitioning from a chambermaid to the castle could not have been a breeze).

3.07.2017

Top Ten Emerging African Businesses

If trends continue toward more political stability, less regulation and increased private investment, opportunities for employment and entrepreneurship in Africa will skyrocket within the next decade. Finger’s crossed!

So, what are the best opportunities for an eager, business minded, future mogul?

2.21.2017

Street Smarts & Other Top Tips- Transitioning From the Diaspora to an African Market


In our previous piece, we introduced the idea (and snippets of success stories) of the unique path to owning and running a company when you have returned from diaspora.

In this concluding portion, we outline the other suggestions from Tayo Oviosu CEO of Pagatech and Joycee Awojoodu, CEO of ORÍKÌ Group.