Region
Sub-Saharan Africa

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"Mercy Corps’ AgriFin Accelerate Program (AFA) is a $25 million, six-year initiative funded by the MasterCard Foundation to support private sector actors to develop, prototype and scale digitally-enabled services for smallholder farmers across Kenya, Tanzania and Zambia. AFA is intended to help partner banks, mobile network operators, agribusinesses and technology companies scale high impact services for at least one million farmers, driving 50% increases in smallholder income and productivity, while working to support all market actors to expand services to farmers through shared learning...In June 2018, AFA contracted the Dalberg Group to assess learnings across these engagements and conduct supplementary research on these youth pathways. The goal of this exercise was to support the development of AFA partners and to inform wider ecosystem growth through public learning."

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"Globally, women's involvement in clean cooking value chains has been minimal. This is partly because of the multiple challenges faced by women that impede their capacity to effectively engage in the energy sector. To better discern gender-specific differences in involvement in the energy sector, the authors conducted a randomized trial in Kenya to compare sales performance of newly trained male and female improved cookstove entrepreneurs and to test the effects of an agency-based empowerment training on business activity. A total of 257 entrepreneurs completed either a 4-day entrepreneurial training (control) or a 4-day empowerment training (intervention) and were followed for nearly 8 months documenting business activity and sales. The empowerment training led to more than doubling of sales for both genders. In addition, participants in the intervention group were significantly more likely to demonstrate business commitment over time and nearly three times more likely to be higher sellers (relative risk = 2.7, 95% CI [1.4, 5.4]), controlling for gender and rural/urban locale. Women outsold men by a margin of nearly 3 to 1 and were more likely to continue to pursue leads despite limited sales. Nonactive participants (those selling 1 improved cookstove or less) were a larger percentage of the control group (72%) than the intervention group (50%), and more men were nonactive participants (65% of men) compared with women (56% of women).These data show that women can serve as active improved cookstove entrepreneurs in both urban and rural settings and that targeted agency-based empowerment training can significantly increase women's capacity to engage effectively within the improved cookstove value chain."

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"Let’s be honest here: Entrepreneurs will need financing to get through this economic downturn. However, most of the investors that we’ve asked said that due diligence has been slowed either due to travel restrictions, their focus on supporting their existing portfolio of entrepreneurs, or those which already had term sheets in place. So where is this financing going to come from?

Our perspective for this article is the investor side of the conversation. What are angel investors thinking about during this global crisis: Is now the perfect opportunity to invest? Is it a time to hold on to your cash and hide it under the bed?It can make sense to halt making any investments all together – and focus on supporting the existing portfolio – given that most angels invest out of pocket. However, this could be an uncommon opportunity to make investments which could generate very good returns..."

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"The number of accelerators has increased considerably in various emerging market countries in the past decade, especially in Sub-Saharan Africa. This includes Nigeria, the largest economy in West Africa. One important question then is: are these incubators and accelerators effective in providing support to enterprises in emerging markets, especially youth-led enterprises? This knowledge brief seeks to capture information from our study of incubators and accelerators in Nigeria in relation to their effectiveness in supporting youth-led enterprises."

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"This data summary provides a snapshot of more than 2,500 early-stage ventures that applied to over 50 acceleration programs in Sub-Saharan Africa, and includes regional insights for East and West Africa and country-specific information for Kenya, Uganda, and Nigeria."

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"To gain understanding of the state of entrepreneurship in Africa, Omidyar Network launched the Accelerating Entrepreneurship in Africa Initiative in 2012. To execute this multiphase research project, we partnered with Monitor Deloitte South Africa (formerly Monitor Group). We set out together to identify the challenges facing African entrepreneurs and to pinpoint the most trenchant barriers inhibiting high-impact entrepreneurship...This article presents the findings of the entrepreneur survey, the outcomes of the workshops in Accra, and the conclusions of the third and final phase of the initiative: the recommended actions needed to accelerate entrepreneurship on the continent. Self finance and family loans are the main sources of funding."

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"Private equity firms play a key role in creating an enabling environment for local business development, and supports their growth objectives by implementing best practice ESG policies in portfolio companies. This survey builds on AVCA's inaugural Sustainability Study, released in 2016. In this edition, we quantify how many jobs have been created from a selection of PE-backed companies in Africa between 2009 to 2016, and evaluate the extent of ESG integration in the private equity investment process."

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"A youth-oriented approach involves asking practical questions to develop tailored services for youth in the agribusiness sector. 2SCALE has been experimenting with various options to support young producers and entrepreneurs. Making agriculture interesting to youth requires making it attractive and remunerative by having access to land, finance and technologies in order to modernize. Besides production another alternative for youth inclusion was explored: specialized service delivery to value chain actors. This paper provides examples of how 2SCALE tackled youth inclusion in its partnerships."

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"This case study reviewed social enterprises operating in the agriculture and health sectors in Kenya by conducting a desk-based literature review, interviews and a workshop with social enterprises and support organisations in Nairobi, which is currently seen as a hub of social enterprise activity in Africa. The case study considers how the lack of a widely-accepted social enterprise definition influences activity in Kenya, identifies niches within which agriculture and health sector social enterprises are operating and summarises some key findings from discussions with key informants."

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"In an effort to deepen understanding of the incubator and accelerator landscape in South Africa, ANDE hosted a series of breakfast roundtables in Johannesburg and Cape Town in 2017 and 2018. This document presents an overview of the key findings of the roundtables and provides recommendations for further research."

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