Category: Africa

Investment in Ugandan solar company

Acumen is pleased to announce a $1.4 million investment in SolarNow, a company that sells and finances solar home systems in Uganda. We sat down with Shuaib Siddiqui, Acumen’s Portfolio Director to learn more about the deal and why he’s…

Vestergaard’s water mission

I am in Kenya this week following the activities of Vestergaard, a rather remarkable mission-driven company that first came to my attention when they invited me to Africa — at their expense — to tour their operation. They operate at the…

Mentorship for young African entrepreneurs

Ghanaian President John Dramani Mahama and Ugandan multi-millionaire tycoon Ashish J. Thakkar, on Friday officially launched Mara Mentor, an African multi-lingual online portal and mobile App for youth mentorship and entrepreneurship, in Ghana, as part of his government’s efforts in cultivating…

Building the impact investing market

Fishermen pull their fishing boat to the shore after their day’s job on Marina beach in the southern Indian city of Chennai March 18, 2014. REUTERS/Babu When the UK’s Department for International Development [DFID] launched the Impact Programme, just over a…

Sensors warn when water pumps fail

Sensors are being used in everything from remotely monitoring cracks in bridges to playing with your pet while you’re at work. So why not apply them to improving the lives of struggling people in under-developed countries by, say,  providing access to…

Angel investment for African start-ups

NewGenAngels is a members-only investment club that wants to highlight the cream of Africa’s early-stage business crop. The Angel investment group has a keen focus on the diaspora and, with rather deep pockets, is looking to deploy between US$150 000 and…

Tools to improve African agriculture

The Atlas of African Agriculture Research & Development weaves a picture through maps that shows the opportunities for increased smallholder productivity in Africa. (shutterstock) The International Food Policy Research Institute (IFPRI) recently published The Atlas of African Agriculture Research & Development (Atlas), which…

Kenyan start-up will manufacture car

VENTURES AFRICA – Kenyan car manufacturing startup Mobius has gotten an undisclosed capital from American billionaire Ronald Lauder, which would help it deliver on its promise to produce Africa’s cheapest car. The capital will be provided through the billionaire’s New…

Start-up’s journey to capital

By Professor Arun Sangwan, Alliance University School of Business To be a successful startup takes more than just an idea. The budding entrepreneurs often believe that success is all about the ‘best’ cookies, apparel or carwash. Such myths can wreck…