How can Entrepreneur Support Organizations (ESOs) drive the future of MENA's startup ecosystem? 🌍 Discover how Intersect Innovation Hub in Palestine, backed by the Bank of Palestine, exemplifies the transformative power of ESOs by fostering digital innovation and economic growth. The Middle East and North Africa region is witnessing a "golden age" for startups, yet a $123B financing gap remains. With over 55% of MENA's population under 30, untapped entrepreneurial potential is vast. Despite challenges like climate issues and economic instability, the opportunities are immense. ESOs are bridging gaps by increasing access to capital, providing tailored guidance, and fostering inclusive entrepreneurship. Alicia Sornson's article delves into how initiatives like the Ecosystem Builders Program support ESOs in Egypt, Jordan, Lebanon, Morocco, Palestine, and Tunisia, creating a pipeline of investable opportunities. Read the full article here: https://lnkd.in/dwvXRe-h How do you think ESOs can further drive economic and social change in MENA? Share your thoughts below! 💬 . . . . #ImpactEconomy #ImpactEntrepreneur #MENAStartups #EntrepreneurSupport #DigitalInnovation #EconomicGrowth #StartupEcosystem #YouthEntrepreneurship #InclusiveDevelopment #TechTalent #CatalyticCapital #InvestmentOpportunities #SustainableGrowth #EconomicDevelopment #Entrepreneurship #MENARegion #AliciaSornson
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South Africa are we falling behind? Other African countries Such as Tunisia, Congo and Nigeria have taken centre stage in their countries development through a Startup Act! So should we! These African countries have adopted a Startup Act in order to reduce unemployment rates, attract foreign investments and improve the overall economic well-being of thier countries, Lets speed up the process for south Africa to adopt a Startup Act. Join the Movement today: https://lnkd.in/dSuVh8fV #StartupActMovement #ShapeTheFuture #HighGrowthBusinesses #EconomicGrowth #InnovationHub #Entrepreneurship #InvestInSuccess #SAStartupEcosystem #PolicyReform #InnovateForChange #JoinTheMovement #StartupAdvocacy #UnlockPotential #SAStartupPolicy #EmpowerEntrepreneurs #ChangeMakers #BusinessInnovation #EntrepreneurNetwork #FutureLeaders #StartupAdvocates #InnovativeMinds #CollaborateForSuccess #EmpowerChange #BusinessTransformation #StartupSupport #InvestInInnovation
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Big news for Ethiopian startups! The Startup Ethiopia event brought exciting announcements for aspiring entrepreneurs. Get ready for a game-changer: 📌 No office? No problem! Get your trade license with just a national ID - say goodbye to entry barriers! 📌 Go global! Keep 100% of your foreign earnings - the world is your market! 📌 Funding boost! The Ethiopian Development Bank is offering IP & equity financing - fuel your innovation! These reforms are unlocking a thriving youth-driven entrepreneurial scene in Ethiopia. ✊ Let's test & grow! A "Sandbox Approach" is coming to support innovative ideas and solutions in a safe space. Who's excited? For maximum impact, clear guidelines are needed for all levels of government and institutions. This is a HUGE step forward for Ethiopian startups! #StartupEthiopia #Entrepreneurship #Innovation 👉🏼 Kasma Solutions
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Big news for Ethiopian startups! The Startup Ethiopia event brought exciting announcements for aspiring entrepreneurs. Get ready for a game-changer: 📌 No office? No problem! Get your trade license with just a national ID - say goodbye to entry barriers! 📌 Go global! Keep 100% of your foreign earnings - the world is your market! 📌 Funding boost! The Ethiopian Development Bank is offering IP & equity financing - fuel your innovation! These reforms are unlocking a thriving youth-driven entrepreneurial scene in Ethiopia. ✊ Let's test & grow! A "Sandbox Approach" is coming to support innovative ideas and solutions in a safe space. Who's excited? For maximum impact, clear guidelines are needed for all levels of government and institutions. This is a HUGE step forward for Ethiopian startups! #StartupEthiopia #Entrepreneurship #Innovation
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In the midst of conflict, Palestinian entrepreneurs face challenges that hinder the growth of the startup ecosystem in Gaza and the West Bank. This has drastically impacted investment, and operations. Find out how war has affected Palestinian entrepreneurs in our detailed article: https://bit.ly/3sO7Kg9 #Startups #Palestine #Gaza #Economy #Business #Investments
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Francophone Africa is giving rise to the stronghold of innovation with massive numbers in the startup space: $1.43 billion raised in total, 47% more startups than in 2015, and 21% of females taking part in 2019. In which key sectors? Fintech, Education, Health, AgroTech. Their recent report, "The Challenge of the Unseen," has found that in spite of huge infrastructure, operations cost, and regulatory challenges, African entrepreneurs are proving resilient and resourceful in the midst of a sprawling ecosystem—from incubators and accelerators to Senegal's Start-Up Act. Future? Bright and exciting! West Africa is all set to rewrite the rules of entrepreneurship and turn each of these challenges into an opportunity for growth. Proud to be part of this community and I am delighted to be able to contribute to this promising future in my own small way. #Entrepreneurship #Innovation #FrancophoneAfrica #BrightFuture #Startups #Yoban
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Driving Impactful Financing Solutions for SMEs and Startups in Ethiopia | Development Finance Analyst at the UNDP
💭 Reflecting on advancements in Ethiopia’s Startup Act: As the Startup Act moves closer to official issuance, following announcement at the Stakeholders Consultation Event this afternoon, it’s crucial to contemplate the broader implications and necessary considerations for its success. This act has the potential of facilitating a new conducive era for startup entrepreneurs, yet it prompts us to think critically about the support structures, regulatory frameworks, and market conditions essential for fostering sustainable growth. How can this Act integrate with existing policies to truly empower SMEs and startups for instance? The collaborative dialogue between various ministries and stakeholders is commendable, and continuous engagement and adaptive strategies will be key to realizing the full potential of this transformative initiative. #StartupActEthiopia #Entrepreneurship #Innovation #SustainableGrowth
🌟 Major Milestone at Stakeholders Consultation Event! 🚀 At the vibrant Stakeholders Consultation Event held at Ethiopian Skylight Hotel, a significant announcement was made: The Startup Act is on the cusp of official issuance, having been advanced by the Council of Ministers! Organized by key ministries, including Ministry of Finance, Ethiopia , Ministry of Labor and Skill- FDRE, Ministry of Innovation And Technology- Ethiopia , and the Ethiopian Capital Market Authority this event fostered crucial dialogues on the future of our economic ecosystem. The Startup Act is set to transform the entrepreneurial landscape, providing incentives, easing bureaucratic hurdles, and establishing a nurturing legal environment. This aligns perfectly with IFL’s vision of empowering entrepreneurs and invigorating SMEs. As we await the Act’s official launch, we’re optimistic about the thriving startup ecosystem and economic growth it will catalyze. ❓What opportunities and challenges do you foresee in the startup act? ❓ #StartupAct #Entrepreneurship #Innovation #IFLVision #SMEs #EconomicGrowth #StakeholderDialogue
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🌍Connecting Innovators with Investors: Paving the Way for Africa's Future 🌍 At Move Innovation Africa Ltd, we're passionate about driving technological advancement and fostering entrepreneurship across the continent. Our mission is to bridge the gap between visionary startups and forward-thinking investors, creating a thriving ecosystem where innovation can flourish. 💡 For Startups: Are you a startup with groundbreaking ideas but need the right resources to take off? We connect you with investors who share your vision and are eager to support your journey. From seed funding to strategic guidance, we help you find the partners who believe in your potential. 💼 For Investors: Looking to invest in high-impact ventures that are shaping the future of Africa? We provide you with a curated selection of startups that are not only innovative but also committed to creating sustainable growth and social impact. Join us in supporting the next generation of African entrepreneurs. Together, we're creating a dynamic network that fuels progress and propels Africa towards a brighter, more innovative future. Connect with us today to learn more about how we can work together! 🚀🤝 #InnovationAfrica #InvestInAfrica #Startups #Investors #TechForGood #Entrepreneurship #SustainableDevelopment #MoveInnovationAfrica
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Startup Africa News: Empowering Entrepreneurs Across the African Continent In recent years, there has been a significant increase in startups and entrepreneurs across the African continent, driven by a desire to effect change and stimulate economic growth within their nations. Recognizing and supporting these innovators, Startup Africa News has emerged. Startup Africa News is a media outlet focused on highlighting the most recent news and progress within the African startup ecosystem. It offers extensive coverage of the startup scene in Africa, featuring entrepreneur profiles, investor interviews, and analyses of the major trends that are influencing the future of African startups. The aim of Startup Africa News is to empower entrepreneurs throughout the continent by providing essential resources for success, such as funding access, mentorship programs, and a platform for business exposure. The platform delivers a detailed overview of the sector's latest news and developments, including success stories of entrepreneurs, insights from investors, and trend analyses that are crucial for the future of African startups. This information assists entrepreneurs in keeping abreast of the latest industry developments and offers investors a reliable source of data for making knowledgeable investment choices. Moreover, Startup Africa News places a strong emphasis on fostering entrepreneurship within the African continent. Collaborating with governments, investors, and various stakeholders, the platform strives to generate a conducive environment for entrepreneurial ventures. Through its reporting on successful enterprises and partnerships with key players, Startup Africa News serves as an inspiration, encouraging others to embrace entrepreneurship. In summary, Startup Africa News stands as an invaluable asset for anyone interested in the entrepreneurial landscape of Africa. www.startupafrica.news The key issues shaping and influencing African Startups are as follows: Cultural and Creative Industries: Creative industries are increasingly prominent elements of the global economy. Technological Competition: A global scramble for technological leadership is driving geostrategic competition. Innovation Ecosystem: Governments can help innovators avoid the so-called ‘Valley of Death’. The Digital Enterprise: Becoming ‘digital at the core’ can potentially create more sustainable value. #Inovação #EcossistemaDeInovação #ValleyOfDeath #DesenvolvimentoEconômico #PesquisaEInovação #ComercializaçãoDeInovações #ApoioGovernamental #InovaçãoEuropeia #DesafiosDaInovação #InovaçãoAfricana #Moçambique #GlobalShapers #FórumEconômicoMundial #StartupAfricaNews
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🚀 Some exciting news from the Frontiers of Innovation! 🌍✨ Today, I am thrilled to share insights from our study, " A Tale of Two States: How to support and scale the impact of Sudanese and Ghanian young innovators in fragility," a collaborative effort that dives deep into the dynamic realm of youth entrepreneurship and its pivotal role in navigating uncertainty and fragility. 🌐🚀 🔑 Key Takeaways: 🌱 Youth-led Enterprises as Catalysts for Change: Our study illuminates the significant impact of youth-led enterprises in addressing local and global challenges. Recognizing their potential as solution providers, we unravel the power these ventures hold in driving positive change amid socio-economic and political turmoil. 💡 Ecosystems: The Crucible for Innovation: The ability of young entrepreneurs to innovate and scale hinges on the resilience of their ecosystems. In some African countries, where fragility is a reality, our study sheds light on the delicate balance these entrepreneurs maintain in the face of challenges such as high inflation, political instability, and unrest. 🌍 Comparative Analysis: Sudan vs. Ghana: By juxtaposing the experiences of young entrepreneurs in the fragile state of Sudan with the relatively stable Ghana, our research dissects the nuances of innovation in uncertainty. Participants reveal fascinating insights into how social and digital innovation become lifelines for navigating the complex landscapes of fragile settings. 🔗 Connecting the Dots: 🤔 Understanding the Innovation Journey: To support and scale the impact of young innovators, we must first comprehend their journey in fragile contexts. How do they adapt to adversity, and what resources do they require to propel their businesses forward? 🌐 Global Perspectives, Local Solutions: Recommendations for policymakers and entrepreneurial support organizations are at the heart of our study. We provide actionable insights to empower decision-makers in crafting policies that resonate with the unique needs of young innovators in fragile settings. 🔮 The Future of Innovation is Youth-Led: As we navigate the intricate terrain of uncertainty, let us champion the cause of youth-led innovation. By amplifying their voices, fostering supportive ecosystems, and enacting thoughtful policies, we can co-create a future where innovation thrives, even in the face of fragility. Appreciation to the Netherlands Enterprise Agency (RVO) team, Marleen Dekker and Anika Altaf of the African Studies Centre Leiden and INCLUDE Knowledge Platform. The data collection was made possible by our startup stars in Ghana and Sudan(these guys are made of a different kind of resilience that I admire), ESOs and the Orange Corners. Vrije Universiteit Amsterdam (VU Amsterdam). To everyone within my network who answered when I called, though you are too numerous to mention, I say a big THANK YOU! #InnovationInFragileSettings #YouthEntrepreneurship #InnovationForChange
How can we support and scale the impact of young innovators in fragile settings? Our new study ‘Innovation in Fragile Settings’ explores the role of youth entrepreneurship in dealing with uncertainty and fragility and offers recommendations for policy makers and entrepreneurial support organisations on how to best cater to their needs. Youth-led enterprises in particular are recognised for their positive contribution to solving local and global challenges. However, the ability of young entrepreneurs to innovate and scale their ideas to a large extent depends on the ecosystem’s capacity to sustain and allow their enterprises to flourish. And in many African countries, these ecosystems are to some extent fragile. Faced with challenges such as high inflation, political instability and war, we need to better understand how young entrepreneurs innovate in fragile contexts and what they need to further develop their businesses. By turning to young entrepreneurs in fragile settings, we can learn more about innovation in uncertainty and its impact. Comparing fragile state Sudan with relatively stable Ghana, our researchers explore how young Orange Corners participants navigate uncertainty through social and digital innovation. Innovation in Fragile Settings was initiated by Orange Corners in collaboration with the Vrije Universiteit Amsterdam, INCLUDE Knowledge Platform and the African Studies Centre Leiden (ASCL). Download the full report here: https://bit.ly/41fmOQI #OrangeCorners #YouthEntrepreneurship #Entrepreneurship #Startups #EntrepreneurialSupport
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🌟 Major Milestone at Stakeholders Consultation Event! 🚀 At the vibrant Stakeholders Consultation Event held at Ethiopian Skylight Hotel, a significant announcement was made: The Startup Act is on the cusp of official issuance, having been advanced by the Council of Ministers! Organized by key ministries, including Ministry of Finance, Ethiopia , Ministry of Labor and Skill- FDRE, Ministry of Innovation And Technology- Ethiopia , and the Ethiopian Capital Market Authority this event fostered crucial dialogues on the future of our economic ecosystem. The Startup Act is set to transform the entrepreneurial landscape, providing incentives, easing bureaucratic hurdles, and establishing a nurturing legal environment. This aligns perfectly with IFL’s vision of empowering entrepreneurs and invigorating SMEs. As we await the Act’s official launch, we’re optimistic about the thriving startup ecosystem and economic growth it will catalyze. ❓What opportunities and challenges do you foresee in the startup act? ❓ #StartupAct #Entrepreneurship #Innovation #IFLVision #SMEs #EconomicGrowth #StakeholderDialogue
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Managing Partner 4IP Group ¦ GP IHV2 ¦ Accredited SDG Impact Standards Trainer | Impact Entrepreneur Magazine Correspondent | SIIA Board Member | NABII-Switzerland Pre-Taskforce | Partner in IPA Ltd & Waterpreneurs Sàrl
2moChitalu M. Malulu, (CAPM)®