The government of Rwanda has set up a $100 million COVID-19 relief fund so as to mitigate the economic effects of the pandemic on Rwanda's economy. CNBC Africa's Arnold Kwizera spoke to Rwanda's Minister of Finance and Economic Planning, Uzziel Ndagijimana for more.
Small and medium businesses have been considered to be the backbone of the region’s economy and with the Covid-19 crisis causing losses at best and closures at worst, the focus has been on how to financially support these companies, but where does that leave the social enterprises who are committed to providing these burgeoning businesses with the soft skills they need to sustain? Will they have to take a back seat? And what effect will that have on the growth of the SME sector? CNBC Africa spoke to Norette Turimuci, Executive Director at Resonate for more.
As a result of the measures put in place by the government to control the spread of coronavirus, start-up companies are part of the groups that have been most affected. CNBC Africa spoke to the Senior Program Officer at Segal Family Foundation, Liana Nzabampema to find out more about how start-ups are being affected by the coronavirus outbreak and how Segal Family Foundation is supporting start-ups.
Entrepreneurs are innovating in new ways as a result of the Covid-19 outbreak. Potential examples include virus-resistant nanoparticles for health worker protective gear and home-schooling solutions, Adeo Ressi, CEO of global start-up accelerator The Founder Institute, tells CNBC Make It.
The year is nearly up and as such it's time to start focusing on the year ahead. The Africa Tech Summit is preparing for its third edition happening here in Kigali early next year and despite its singular name. The event will actually be comprised of 3 different summits – one focused on African start-ups, one focused on the future of tech on the continent and the other focused on money and block chain. Founder of the event, Andrew Fassnidge joins CNBC Africa for more.
Facebook will host its first ever Facebook iD8 conference on the continent in Kenya and the event will bring together developers and start-ups from Kenya, Nigeria and South Africa. Global Head of Developer Programs at Facebook, Emeka Afigbo joins CNBC Africa to share more on the conference and the impact it will have on developers and start-ups in the region.
Africa Investment Forum: Hello Tractor CEO Jehiel Oliver on unlocking opportunities for African farmers
The Africa Investment Forum held in Sandton this week is attracting not only regulators, financiers and big business, but also start-ups. One of these start-ups is Hello Tractor from Nigeria, which is currently operating in 11 African markets. Jehiel Oliver, CEO of Hello Tractor spoke to CNBC Africa’s Kenneth Igbomor.
Inclusive Business Solution Rwanda was launched earlier this year with an aim of helping start-ups and new businesses to accelerate their growth and success. CNBC Africa’s Zwena Bachoo spoke to Alex Ntale, CEO of the ICT Chamber for more on the Innovation Center.