The African Entrepreneurship Digest


Amidst the Panic, the Pandemic Presents an Opportunity to Reset Africa.
Beyond the challenges, African business leaders debate the opportunities the pandemic presents for Africa. Tony Elumelu pushes for the continent to press the reset button. Read more.

Africa’s Industrialisation Won’t Look like China’s.
Can Africa implement China’s success in its attempts to achieve industrialisation? Professor Ndubuisi Ekekwe shares his insightful thoughts with Harvard Business Review. Read here.

Global Leaders Present a Framework for Africa’s Post-Covid-19 Economic Recovery
At the UBA Africa Day Conversations, global leaders presented their take on Africa’s post-economic recovery. Digital revolution, healthcare, and youth empowerment lead the conversation. Read Here.

Different Contexts: How to Build Resilient Economies
This UNDP whitepaper explores strategies to incorporate into the DNA of fairer, more sustainable and resilient economies and societies. Download the full report.

Funding SMEs During a Pandemic
Intermediaries could address COVID-19-induced needs in small and growing businesses more efficiently. Here’s how. Read more.


Tunisia records growth in seed stage startups countrywide
The last two years has seen a record rise in the number of Tunisian startups. Tech in Africa reports that new incentives, including the Startup Act, lead this change. Read more.

We All Got Vision 2020 Wrong
African VC funding to drop by nearly $1B at the end of the year, Techpoint Africa reports.

If given $100, half of young Africans would use it to start a business, survey says
Around half of young people across Africa said that if they were offered $100, they would use it to start a business, according to a survey by CNBC Make It.

Yale University Partners with the Tony Elumelu Foundation on Masterclasses Focused on Mental Health for Startup Entrepreneurs
Yale University recently partnered with the Tony Elumelu Foundation to deliver masterclasses to motivate startup entrepreneurs during the lockdown. Sessions included topics on managing stress and anxiety. Click to watch a recap of the series.


TEF Entrepreneur, Laud Basing, Emerges Top on Innovations Against Covid-19
Ghanaian TEF Entrepreneur, Laud Basing, emerges one of six finalists of Africa.com’s “Brilliant African Innovations Against COVID-19”. View details.

Nigeria: Maiduguri entrepreneur brings affordable hygiene to women in need
Zainab Lawan Dalorima’s business set out to address the problems related to women’s hygiene among displaced people with her unique product. Here’s how this Tony Elumelu Entrepreneur is making a difference with her business. Read here.

Dr. Adereni Abiodun’s HelpMum Donates 10,000 Face Masks to mitigate the spread of COVID19 in Rural Areas
In the wake of the COVID-19 pandemic, Dr. Adereni started producing and distributing protective face masks to pregnant and nursing mothers, nurses in underserved communities. Read here.

Juliet Namujju’s Kimuli “Fashionability” Embraces Sustainable Fashion to Produce Face Masks in Uganda
Ugandan fashion label creator is on a mission to create a world made better with recyclable fashion. Read here.


What percentage of my shares should I grant to investors?
Entrepreneurs ask: What percentage of my company shares should give in exchange for a secure investment in my company? Find answers here.

The Kaizen Business Model
Adopt a Culture of Continual Improvement that is achieved by eliminating Waste. Learn more here.

What’s the Best Pricing Strategy?
Tip: Context counts for a lot with pricing so think strategically and don’t assume lowering your prices will always be effective.
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