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Residents in sub-Saharan African countries report a wide range of awareness about the availability of microfinance lending in their communities, suggesting these institutions remain locally inaccessible to many who would benefit most from using them. Malawians (65%) and Ugandans (63%) are the most likely to say they are aware of these institutions in their... »
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New Regulations Seen Hurting Micro-insurance
The recent changes requiring insurers to separate life from general business and new capital rules are likely to scuttle the growth of micro-insurance, players have said. They said the implementation of these guidelines will affect the nascent sub-sector with the potential of locking out... »
Initiatives to Build Entrepreneurial Culture Pay Off
Priscus Mareshi, 38, no longer runs away from Tanzania Revenue Authority (TRA) officials, thanks to formalisation of his shoe making business through the Business Development Gateway (BDG) programme. “I do not close my shop to hide from them anymore whenever they come…They are my... »
Using Pedal Power to Break Out of the Poverty Trap
IN RUKINAD village’s telephone repair store, an hour south of Kigali, Juvenal Kamana is pedalling himself an income. Coining 20,000-25,000RFR (€26-€32.50) in profit every month, he’s no Rumpelstiltskin. But... »
World Bank Teams Up With Companies to Fund Small Businesses – Kenya
The World Bank has stopped dealing directly with individual businesses, preferring to work with organisations that transact business with firms. The change of strategy is informed by the need... »
Kenya: Business Plan Writing Opens Room for Cash
Nairobi — Inoorero University has trained 3,000 young entrepreneurs on how to write successful business plans as an annual business plan writing competition enters submission stage. Chase Bank Enablis... »
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