SPIRE Advisory Group’s Post

Unleashing Entrepreneurial Potential in Africa Africa's entrepreneurial landscape is thriving! With a growing youth population and increasing innovation, the continent is poised for economic growth. According to the African Development Bank, Africa's entrepreneurship ecosystem has: - 400+ incubators and accelerators. - $2 billion+ in startup funding (2020). - 50%+ of entrepreneurs under 30. However, challenges persist: - 70% of startups fail due to funding constraints. - 60% lack access to mentorship. At Metal Circle, we're committed to empowering African entrepreneurs through innovative recycling solutions. Join us in unlocking Africa's entrepreneurial potential https://lnkd.in/ddx6Vht6! Sources: - African Development Bank. (2020). African Entrepreneurship Forum. - Startupbootcamp. (2020). African Startup Ecosystem Report. #AfricanEntrepreneurship #Innovation #Startup #MetalCircleHQ #AOBadairo

The Global Startup Awards is a competition that aims to recognize and reward outstanding startups, entrepreneurs, and ecosystem players across different regions ¹ ² ³. The competition involves several phases, including public nominations, selection of regional finalists, regional jury and public voting, and selection of global winners ². Here are some key points about the competition: - The competition is held annually and is open to startups, individuals, and ecosystem players from various regions ¹ ². - Public nominations are accepted, and anyone can nominate a startup, individual, or ecosystem player in relevant categories ¹ ². - The competition has several categories, including startup, individual, and ecosystem player categories ². - A jury selects the regional finalists, and the regional winners are selected based on a combination of jury ratings and public votes ². - The global winners are selected through a similar process, with global finalists competing in their respective categories ². Vote for African Puzzle and be part of the great initiative in an informal sector.

Accessibility to the internet may be a hurdle, but African innovation surges!🚼 While barriers like high costs may limit the immediate reach of good internet access across Africa, let's not lose sight of the bigger picture. Funding for African tech startups is growing a staggering 6x faster than the global average! This is a testament to the continent's immense potential and entrepreneurial spirit. Africans are renowned for their resourcefulness and ability to adapt. We can expect innovative solutions to emerge and bridge the connectivity gap🔥 The future of African tech is bright!🚼 #AfricaTech #InnovationHub #Entrepreneurship

“Solutions for Africa should come from Africans. Diaspora can be critical, but unlocking their support is the critical question. We need international funding as much as we need funding from the African diaspora,” said Julien Draper, at the AfricArena panel: "Diaspora Innovation: UKs launchpad for African Entrepreneurs." "From a Knife point of view, we're trying to figure out how to leverage that network and support African startups. I'm not sure it can be done from Africa alone", he added. "It’s important to grow networks and to think of ways to bring new people into events that are typically attended by the same people." #entrepreneurship #startupsupport #funding #investment

Ingrid Mhlophe of AB4IR (Africa Beyond the Fourth Industrial Revolution), an enterprise support organization based in South Africa, is currently touring South Korea under the African Development Bank Group’s Innovation and Entrepreneurship Lab (the Lab) program. This initiative, part of the Lab’s Leveraging the Entrepreneurial and Innovation Success of Korea to Strengthen African Enterprise Support identified entrepreneurs and enterprise support organisations with the best business models during a week-long virtual market access and acceleration program. Ingrid shares her experiences and insights from this tour, highlighting how it has been a real eye-opener. 🌍✨ #KOAFEC Ndarama Works Fortunatus Mhlophe Precious Mahove Dr. Golden Mahove Korea Startup Forum Courage Shumba Chamunorwa Aloius Togo

We are thrilled to be featured on Vanguard News for our role in driving Africa’s digital transformation! 🌍 Through our four core centers—Learning and Development, Entrepreneurship, Research and Innovation, and Networking and Events—we are empowering individuals, startups, and businesses to harness digital technologies for sustainable growth. "Our goal is simple; to ensure that Africa can compete in the global digital economy by providing the tools, resources, and networks necessary for success. Whether through education, innovation, entrepreneurship, or collaboration, HFDE is driving Africa’s digital transformation, one initiative at a time." This recognition highlights our commitment to bridging the gap between education and the digital job market, fostering entrepreneurship, and pioneering innovative solutions to shape Africa's digital future. 💡 Read the full article here: https://lnkd.in/e6GQqqDt #DigitalExcellence #TechInnovation #AfricaDigitalTransformation #HFDE #TechNews #EmpowerAfrica #HubForDigitalExcellence #Web3Revolution

🌟 Tunisia: A Rising Hub for Innovation and Growth 🌟 Tunisia’s ecosystem is brimming with potential—from tech startups making waves globally to young entrepreneurs driving change locally. With a blend of talent, creativity, and resilience, our country is becoming a hub for innovation in North Africa. But to unlock our full potential, we need to: ✔️ Support local startups with better funding opportunities ✔️ Invest in digital transformation and education ✔️ Build stronger networks between entrepreneurs and global markets I believe Tunisia has everything it takes to become a leader in the MENA region and beyond. Let’s work together to make it happen. 💡 What do you think is the next big step for Tunisia’s ecosystem? Share your thoughts below! #Tunisia #Innovation #Entrepreneurship #Ecosystem #Growth

🌟 Enhancing SME Capacity in Zambia: Insights from Ethan Ziba 🌟 Today on Capital FM 99.7, I had the privilege of interviewing Ethan Ziba, a visionary entrepreneur driving innovation across Zambia. Our conversation focused on enhancing SME capacity and the pivotal role of knowledge-sharing in building a thriving entrepreneurial ecosystem. Ethan highlighted the transformative work of Startup Africa, a platform dedicated to bridging the gaps faced by entrepreneurs by providing mentorship, resources, and a supportive network. He also shed light on how SMEs can become key drivers of economic growth when equipped with the right tools and strategies. I learned how crucial it is to minimize the knowledge gap. By staying informed, connected, and adaptable, we can empower more people to start and scale businesses that will shape Zambia’s future. Tune in to the replay on Capital FM 99.7 Facebook page. #CapitalFM997 #SMEs #ZambiaEntrepreneurship #RadioHost #Innovation #KnowledgeIsPower

Under the motto of #entrepreneurshipisforeveryone we got 2 more cookies for you this week. Leading experts in entrepreneurship support will lift up your knowledge on investments on 29th and 30th November.

"When you think of entrepreneurship, it's not just about the technology. It's about the ecosystem that supports it. As we think of innovations at Carnegie Mellon University Africa and in Rwanda, we we have to look at the environment that fosters them. This is the entrepreneurial mindset we’re instilling in our students—so they can take risks, start companies, expand across the continent, and be supported by the ecosystem that Rwanda has created." - Dr. Conrad Tucker, Director of Carnegie Mellon University Africa anchor tenant of Kigali Innovation City, discussing how Kigali Innovation City will enable Rwanda’s innovation ecosystem. #InvestInRwanda🇷🇼 | #Africa50