"All about Africa - a collection of innovative and sustainable ideas focused on a new entrepreneurial renaissance in Africa."
Friday, May 30, 2008
Next Einstein
Duet Victoire Africa Index Fund
Duet Victoire Africa Index Fund (DVAIF) is an Open Ended Jersey Expert Fund that tracks the performance of a benchmark index that measures the investment returns of large capitalisation stocks listed on Stock Exchanges in sub-Saharan Africa excluding the Johannesburg Stock Exchange. The index consists of companies listed on stock exchanges in the following countries, Botswana, Ghana, Kenya, Malawi, Mauritius, Namibia, Nigeria, Tanzania, Uganda and Zambia. The Fund aims to replicate the Index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.
Towards A Vibrant Africa
ACTS - African Centre for Technology Studies
The Centre strives to rationalize scientific and technological information to enable African countries make effective policy choices for improved living standards. ACTS works with partners and networks including academic and research institutions, national governments, UN bodies, regional and international processes and NGOs. ACTS' research and capacity building activities are organised in five programmatic areas: Biodiversity and Environmental Governance; Energy and Water Security; Agriculture and Food Security; Cross-Cutting Issues; and Science and Technology Literacy.
Friday, May 23, 2008
Carol Pineau - Africa Investment Horizons
Africa Investment Horizons is about money, and lots of it. Investors – one after another – talk about astounding returns, doubling their money, even tripling. But at its heart, the film is the story of people working to create a new economic future for Africa.
The film shows the three major avenues for investment in Africa: capital markets, equity funds and launching a business. The rewards are shown, as are the risks.
Wednesday, May 21, 2008
Simba Technology LTD
As a leader in development, applications and system integration Simba have provided business solutions to clients world-wide. To ensure that our clients have access to the highest quality software professionals, our consultants are trained in and fully conversant with new and emerging technologies.
Simba professionals have many years of experience in both the IT and financial management sectors. "The group enjoys accreditation with several international companies of high repute, some of which are Oracle Corporation, IBM, Infosys Technologies, ICICI Infotech, ACI, Integrated Tertiary Software, Sage Pastel."
Biomass 4 Africa
India losing it's competitve advantage of Outsourcing?
I wrote earlier this year about the global outsourcing market and Africa's potential to grab some market share. Business Week magazine says the fallen dollar and the higher wages in India are hurting some Indian vendors. No one can do anything to stop the fallen dollar. The fact is, the US dollar needs to fall further to bridge the trade deficit if faces.
This is an opportune time for African IT vendors to partner with Indian IT firms who have experience to bring jobs and contracts to Africa.
Read More
Africa Venture Capital Fellows
All Africa Reports - India Unveils New Plan for Partners on Continent
From All Africa
Business Daily (Nairobi)
8 April 2008
Posted to the web 8 April 2008
Allan Odhiambo
India unveiled a bag of goodies for African partners attending the first India-Africa summit signalling the extent it is ready to go to win hearts in the natural resource-rich continent.
Key among the offers is duty-free access to India's domestic market and a significant increase in development financing.
Read MoreFriday, May 16, 2008
Ethiopia launches new coffee brand
Though Ethiopia is a historic birth place of coffee, Ethiopia is way back in proactively managing and promoting its famous fine coffee.
The move Ethiopia took is a land mark moment for the nation says Getachew.
“This is a land mark moment for Ethiopia and we are proud to project the identity of Ethiopian coffee this way and we look forward our coffee farmers to reap the rewards in short and long terms.”
Lebone - off grid energy delivery in Africa
The Problem
There is currently a dramatic shortage of electrical power in Africa. One billion Africans, constituting a sixth of the world’s population, generate only 4% of global electricity. In most African countries, 95% of the population is living off-grid with no access to electricity (World Bank Millennium Goals Report, 2006). This has a devastating effect on socio-economic development, education, health, and safety. Imagine a village at night in which students are walking to distant highways to study under streetlights, where small merchants are investing half of their resources to pay for kerosene lighting to run their operations, and where emergency health workers, if operating at all, are trying to stitch up wounds and perform surgeries by candlelight. Lack of energy is one of the Africa’s biggest obstacles to development, and a major deterrent for foreign investors.
ASARECA - promoting agribusiness research in Africa
Promoting economic growth, fighting poverty, reducing hunger and enhancing resources through regional collective action in agricultural research for development, extension and agricultural training and education.
Strategic Goal
ASARECA's primary goal is to facilitate agricultural research in ECA that will promote agriculture oriented towards markets and income generation. Its secondary goal is to serve as the main forum where strategies and ideas for agricultural research and their relationship to agricultural development in the sub-region are conceived and exchanged.
Solar Aid - sustainable solar energy projects
SolarAid aims to enable the world’s poorest people to have clean, renewable power. Solar power leads to better education, health, safety and income by allowing poor communities to cook, pump water, run fridges, store vaccines, light homes, schools, clinics and businesses, power computers and homes, farm more effectively, and much more.
SolarAid carries out DIY solar projects – training local communities how to build small scale solar devices such as solar powered radios and lanterns – and installs small solar systems for community centres, medical clinics, schools and other such communal infrastructure.
Tuesday, May 13, 2008
Mozambique: Consortium with South African, Chinese and Mozambican capital invests in steel plant
Maputo, Mozambique, 18 April – A consortium with South African, Chinese and Mozambican capital has invested US$44 million in the construction of a steel tube factory at Beluluane Industrial Park 16 kilometers outside Maputo, the Notícias newspaper reported Friday.
The factory should begin producing at the end of the year or in early 2009, with markets already assured in Africa and the United States linked to the industry of transporting petroleum and natural gas derivatives, the newspaper indicated.
In the first phase the plant will have the capacity to produce 200,000 tons of steel tubes per year, with prospects of increasing to 700,000 tons per year.
Equatorial Biofuels-Crude Palm Oil via Timbuktu Chronicles
CS Monitor reports on David Parker's company Equatorial Biofuels,which :
Has taken over the 36,000-acre Palm Bay plantation and plans to invest up to $10 million initially to rehabilitate the estate and begin producing palm oil industrially again.Their goals are to:
Working Villages International
Forty years ago, the residents of the Ruzizi Valley, in Eastern Congo, had a peaceful prosperous happy life. Today, after more than a decade of civil war, the entire area is devastated, and the people have been reduced to the status of refugees, dependent on foreign assistance.
Now, in a unique partnership with Working Villages International, the people of Ruzizi are working hard to rebuild the paradise they once enjoyed. The development formula is simple – village based redevelopment with an emphasis on self-reliance and appropriate technology.
Monday, May 12, 2008
EPROM - Entrepreneurial programming and research on mobiles
EPROM, part of the Program for Developmental Entrepreneurship within the MIT Design Laboratory, aims to foster mobile phone-related research and entrepreneurship. Key activities include:
- the development of new applications for mobile phone users worldwide
- academic research using mobile phones
- the creation of a widely applicable mobile phone programming curriculum
System Specs | Nigeria's leading software house
SystemSpecs is a software house with a focus on providing the most qualitative Human Capital Management and Financial software solutions for the Nigerian and African market.
SystemSpecs offers business-centric applications, which lie at the core of enterprises.
Wednesday, April 30, 2008
KAPS - Parking management control systems
From KAPS
KAPS has been a solution provider of car parking, access control and revenue management systems since 1999. KAPS has been the clear leader regionally in this sector. We have made several innovations including our world-class software; installation of specialized systems incorporating real world automation of electronically driven mechanized systems, audio and video automation and data capture solutions.
African tech Hot Spots - Business Daily Kenya
Business Daily has listed some investment hot spots on a PDF that are ripe for investments. Most of these investments I've covered before, except for electronics assembly in Africa.
From Business Daily:
Retail - Telecoms dealer
New Media - Television Innovator
Power - Alternative energy supplier
Recycling - E-waste capitalist
Business Process Outsourcing (I've dabbled in this area) - Outsourcing specialist
Assembler - Local PC manufacturer
Software - Linux or other open source tools
Tuesday, April 29, 2008
Africa Genome Education Institute - 180 genomes sequenced
The Africa Genome Education Institute is devoted to the public understanding of genomes, which are the genetic instructions contained in the cells of living organisms. Over 180 genomes have been sequenced (biochemically described) thus far, including the one for modern human beings.
The AGEI works in three areas: firstly, the Living History Project, which seeks to trace the ancestral geographic origins of South Africans by looking at specific segments of an individual's genome. Secondly, the Colour of Our Skins Project, which is an effort to communicate the most current evolutionary biological science on skin (and hair) pigmentation to the public and especially to children of school-going age; and thirdly, a project to build interdisciplinary support for biotechnology and genetics in Africa, a continent-wide enterprise to support practising scientists to deal with the ethical, legal and social implications of genetic modification.
Africa, the next Asia for investors?
Africa, the next Asia for investors?
Economies in Africa are among the world's fast growers, and more analysts suggest investors pay attention to the continent.
Historically, heavy debt loads and political strife weighed on Africa. But since 2001, the resource-rich continent has been lifted by stronger prices for oil, gold and other commodities.
IST-Africa 2008 Conference and Exhibition
14-16 May 08 | Windhoek, Namibia
IST-Africa 2008 will take place on May 14-16, 2008 in Windhoek, Namibia. The programme combines strategic keynote presentations, technical and policy papers, case studies, workshops, an exhibition and social activities.
Crop to Cup - Family farmed coffee
Here is what they say on their site.
We are the company that brings you closer to the crop.
Yes, yes, we are a middle man, but we are the only middle man between you and the farmer.
At Crop to Cup Coffee Company we represent farmer entrepreneurs, providing them with technology and marketing services to put them in touch with interested consumers here in the US. We are dedicated to making a positive impact in the world by providing coffee farmers and coffee lovers with the tools and services they need to drive this change themselves.
Our goal at C2C is to improve the quality and integrity of coffee served at restaurants, homes, offices, morning campfires, Star Trek conventions (OK – you get the point – wherever you might find coffee served). In areas around the equator (that’s where your coffee grows) we’re a network of partners and farmer entrepreneurs working towards the improvement of livelihoods through the digitization of coffee farming. Farmers, their coffees, the roasters who sculpt this coffee to the retailer and consumer - we put everybody online. Track your coffee by tracing your purchase back to the people who produced it.
SME Toolkit - small business information
Thursday, April 17, 2008
I'm speaking at PodcampDC - This Sat
The discussion will also broaden to include informal markets and venture capital opportunities in Africa.
Schedule and Guide
==================================
There's an UN-official Guidebook to PodCamp DC with maps, schedule, sessions, and more, created by volunteer Christopher Penn, located here:
http://www.christopherspenn.com/podcampdcguide.pdf
==================================
If you can't make it or you are not in the DC area please forward to friends, family, or colleagues who may be interested in attending.
ITU Telecom presents Africa 2008 - Cairo, Egypt
ITU TELECOM AFRICA 2008 encompasses an Exhibition featuring the latest technologies and innovations, and an extensive Forum that explores key technologies, policies and applications driving Africa's ICT sector. Participants can take part in a variety of ways; from a booth on the showfloor to sponsorship of a networking function or high profile item. The Sales Brochure, Sponsorship Brochure and Event Overview are all available for download in pdf format.
Baobab Health Partnership
Vision
Baobab Health Partnership is dedicated to becoming the world leader in technology innovation for the developing world.
Mission
Baobab’s mission is to partner with the Ministry of Health and existing health care providers to solve the health care crisis in Malawi with solutions that can be applied across the developing world. We will provide technology leadership and best practices by innovating on our existing solutions in Malawi and incubating new initiatives. Our guiding principles as we tackle projects will include reducing costs, making technology easier to use and maintain, and allowing technology to be deployed in highly resource constrained environments (e.g., by investing in renewable energy).
Portal Limited - Ghana forestry and timber production
The Portal Forest Estate is planning to be a sustainable forest plantation to produce timber and non-timber products.
To ensure sustainability, Portal is actively engaged in: fast growing tree plantations, agro-forestry, non-timber forest production, and planned eco-tourism.
African Virtual University - higher education in Africa
Tuesday, April 15, 2008
Ocean Power in Africa?
Business Week wrote an article about Europe's obsession with wave power. Specifially, Europe's utility companies are using tidal machines and turbines in the water to take advantage of ocean currents for electricity generation.
Can this technology help solve Africa's energy needs? Currently, Denmark is the only nation that utilizes the largest percentage of wave power for it's energy needs. This technology is still new, but it has shown some promise and is renewing more interest.
Read More
Video of Flower business in Ethiopia
Godisa - Solar Aid battery charger from Africa
Godisa meets this urgent human need with products that are:
-
Lower priced – at least 75% less expensive than comparable products allowing bulk purchase for donation purposes by government, deaf schools, hearing INGOs, deaf groups and caring individuals; as well as subsidized direct sales to audiologists and hearing impaired people living in developing countries;
-
High quality – all of Godisa’s products meet applicable World Health Organization guidelines and use robust and proven components that last for many years;
-
Technically advanced – internationally award-winning design, rapid and highly effective battery charging with the Solar Aid, and modern digital BTE hearing aids;
-
Environmentally sound – solar powered (clean energy) battery recharging that reduces the harmful environmental impacts of battery disposal; and
-
Designed for the developing world – an African organization that understands the challenges faced by hearing impaired people and organizations in developing countries.
Sovereign Wealth Funds Should Invest in Africa, Zoellick Says
Sovereign wealth funds hold trillions of dollars of funds. These state funds which are mostly in Asia and Middle East, just bailed out many of the top banks on Wall Street. The influence of sovereign wealth funds is so apparent that World Bank chief Robert Zoelick has issued a plea for these funds to invest in Africa.
Read more
The new India - Africa partnership
India and Africa are closely more related because of colonial ties to the crown. Also, culturally, India is much more similar to Africa then China. Even the Brazilians, have signed trade deals for energy, biofuel and agriculture.
The BBC has written more about this summit.
Friday, April 11, 2008
Umbono Capital Partners - Africa investment banking
Umbono Capital Partners was founded in 1998 by the core professional team with the aim of creating Africa's premier investment banking group, with particular focus on mining, energy and other natural resources. Umbono manages it's own principal investments portfolio and provides asset management, investing, financing and advisory services to it's clients.
Umbono has a specialist focus in identifying, analysing and structuring investments in Africa, and in providing transaction advisory and corporate finance work related to target companies in other African countries.
Umbono's team consists of 30 group staff members based in Johannesburg and Toronto.
Unleashing Africa's Potential - The World Bank
Mobile Money Summit 2008 - Cairo, Egypt
Mobile Money Summit 2008 is two-day conference designed for senior executives from financial services institutions, mobile network operators, development organizations, solutions vendors and regulatory and policy makers. The inaugural event will provide for the first time a comprehensive demonstration of the addressable markets, showcase new solutions, and share key success factors and learnings from around the world. The goal of the Summit is to stimulate greater understanding and collaboration between all stakeholders — globally, regionally and locally. Most importantly, Mobile Money Summit 2008 will better equip participants to develop and deploy their own Mobile Money portfolio effectively, efficiently and at scale.
At this highly interactive event, you will learn:
- How Mobile Money can drive top-line growth and customer value in both financial services and telecommunications
- How Mobile Money solutions can drive economic growth and financial inclusion for individuals, communities and countries
- Best practices in the market today, and key innovations coming to market
- Strategic, operational, regulatory and market challenges to effective deployment and scale
- Key propositions for various customer segments in different markets.
- Rationales for partnership between financial services institutions and telecomm companies to deliver converged mass market Mobile Money.
- Where and how to kick-start activity most effectively
10,000 girls - Senegal entrepreneurship & education
The 10,000 Girls program provides girls in the villages of Senegal with the tools to succeed. The program has two interdependent components: education and entrepreneurship.
Education
The education program supports girls at risk of leaving school early by- purchasing textbooks and providing tutoring and space in which to study
- monitoring school progress
- encouraging parents to support their daughters' education
Bottom line
10,000 Girls is- self-supporting through the girls' own work
- sustainable as it grows
- capable of scaling to the needs of the region
- supported by the local communities
Monday, April 7, 2008
African Institute for Mathematical Sciences - (AIMS)
- To promote mathematics and science in Africa.
- To recruit and train talented students and teachers.
- To build capacity for African initiatives in education, research, and technology.
The Institute is focussed around a nine-month, postgraduate course covering many of the most exciting areas of modern science, taught by outstanding African and international lecturers. The course develops strong mathematical and computing problem-solving skills and leads to a postgraduate diploma in the Mathematical Sciences, formally accredited by the three partner South African Universities and taught in association with the Faculty of Mathematics at the University of Cambridge, the Division of Physical Sciences at the University of Oxford, and the University of Paris-Sud 11. Students with good mathematics, science or engineering degrees are invited to apply and will be supported on bursaries where needed.
Neil Turok: 2008 TED Prize wish: An African Einstein
PlayPumps International - children power clean water technolgies
Access to clean drinking water is critical for human survival and is an essential ingredient for improving the lives of those living in poverty in developing countries. And yet:
- More than one billion people worldwide do not have access to clean water.
- Water-related diseases are the leading cause of death in the world, taking the lives of 6,000 people a day, and are responsible for 80 percent of all sickness in the world.
- 40 billion hours are lost annually to hauling water, a chore primarily undertaken by women and girls.
Thursday, March 27, 2008
Africa enterprise fund - Mo Ibrahim

"...The Africa Enterprise Fund founded by Mo Ibrahim will seek out promising companies in financial services, consumer goods, energy and agricultural processing. The aim is to focus on established businesses that need cash and experienced management to grow, and the average investment is expected to be around $20m....",Economist.
BoGo - Solar power flashlights
Doula stock exchange - Cameroon stock exchange
Operating in an economic environment which has been reformed by an ongoing restructuring of the financial system on the one hand, and a promising business climate resulting from the liberalisation of the market sector on the other, the aim of the Douala Stock Exchange is:
- To enhance and diversify the availability of finance
- To facilitate privatisation programmes and the granting of credit
- To widen the range of investment possibilities available to the public and to institutional investors
- To ensure the transparency of economic and financial information.
The ambitions of the Douala Stock Exchange are in line with the general economic development of the country: steady growth of 4% in real terms of GNP for the past 5 years, consumer price inflation of around 2%, a reduction in the current account deficit and a reduction in external debt.
d.light design - lighting solutions for emerging markets
The d.light series is a revolutionary product line of affordable and energy-efficient power and light solutions. Using cutting-edge technology from Silicon Valley and unlike anything else currently on the market, the d.light series provides an economical and high quality replacement for kerosene lanterns, candles, and emergency lanterns.
100% Customizable
We are able to customize our specifications to meet the needs of our distributors for high volume orders. Product color can also be customized.
Bright Light
Providing 10-20 times more light than a kerosene lantern.
Monday, March 24, 2008
BBC - See-saw to power African schools
BBC has an article on using human -power to power African schools.
Design student Daniel Sheridan has created a simple see-saw which generates enough electricity to light a classroom.
The device works by transferring the power, created by a child moving up and down on it, to an electricity storage unit via an underground cable.
Read more