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    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

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    Secret plan to reinstate former Nairobi Governor revealed

    Secret plan to reinstate former Nairobi Governor revealed

    Oil price rises 1% on U.S. stimulus hopes, supply concerns

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    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    Rental yields shrink in 2nd Quarter of 2020 – Cytonn Report

    CMA names Cytonn Money Market Fund among the best in Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Kenya Power launch new electricity meters

    Kenya Power launch new electricity meters

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Kenya Airways Suspends flights to France

    Kenya Airways Suspends flights to France

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    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

    OP-ED: Affordable housing will decongest slums and cushion the poor from pandemics

    Kenya’s real estate to remain neutral in 2021 – Report

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    National Bank and Octagon ink 100 billion service partnership

    National Bank and Octagon ink 100 billion service partnership

    Real Estate: Cytonn invites bids for this 4 acre piece of prime land in Kilimani

    Mizizi Africa Homes voted best low cost housing developer 2020

    Mizizi Africa Homes voted best low cost housing developer 2020

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    32% of Kenyans to change houses over Covid-19

    32% of Kenyans to change houses over Covid-19

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    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Nokia launches low cost smartphones for the Kenyan market

    Nokia launches low cost smartphones for the Kenyan market

    LG unveils premium monitors

    LG unveils premium monitors

    Pesalink appoints Gituku Kirika as CEO

    Pesalink appoints Gituku Kirika as CEO

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    realme C12 and 7i now Available In Kenya

    2021: realme to release more smartphone in Kenya

  • World Business
    Celebrated US broadcaster Larry King has died at the age of 87

    Celebrated US broadcaster Larry King has died at the age of 87

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Twitter CEO finally breaks silence about banning US President Donald Trump from the platform

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

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    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

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    Boeing’s 737 Max Cleared to Fly in the US After Crashes

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    Guinness forced to recall contaminated brand

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

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    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Technology at the center of Metropolitan National Sacco transformation

    Savings: Here’s how to join Metropolitan Sacco

    Mary Mulili takes charge at UBA Kenya

    Mary Mulili takes charge at UBA Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    • Agribusiness
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      Technology at the center of Metropolitan National Sacco transformation

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      Mary Mulili takes charge at UBA Kenya

      Mary Mulili takes charge at UBA Kenya

      Family Bank voted best bank in customer relations

      Family Bank voted best bank in customer relations

      Was KCB bank hacked?

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      Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

      KCB, MoH and Kazi kwa vijana biggest advertisers in the past 5 months

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      6.5 million register new mobile money accounts in 2020 -CBK

      SIB banks’ foreign investment arm records mild drop in returns

      SIB banks’ foreign investment arm records mild drop in returns

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      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      ICEA Lion Life appoints a new CEO

      ICEA Lion Life appoints a new CEO

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      Exposed: Insurance Company on The Spot for Fruatrating clients

      Octagon feted in 2020 World Pension Summit Innovation Awards

      Octagon feted in 2020 World Pension Summit Innovation Awards

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      What do you need to know before purchasing car insurance?

      National Bank of Kenya Bags Global Recognition

      National Bank of Kenya Bags Global Recognition

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      DIB Awarded Best Islamic Bank in Kenya

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    • Manufacturing
    • Opinion
      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

      Digital Services Tax a desperate move caused by bad governance

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

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      Why Digital Services Tax is a retrogressive policy

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      How Citizen TV Became The Most Watched in Kenya

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      Crisis as young Kenyans now embrace Crime as lifestyle

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

Kenyan Business Feed
  • Home
  • News
    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

    Kenyans start paying Sh2.7bn for 2017 maize subsidy programme

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Secret plan to reinstate former Nairobi Governor revealed

    Secret plan to reinstate former Nairobi Governor revealed

    Oil price rises 1% on U.S. stimulus hopes, supply concerns

  • Markets
    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    Rental yields shrink in 2nd Quarter of 2020 – Cytonn Report

    CMA names Cytonn Money Market Fund among the best in Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Kenya Power launch new electricity meters

    Kenya Power launch new electricity meters

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Kenya Airways Suspends flights to France

    Kenya Airways Suspends flights to France

  • Real Estate
    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

    OP-ED: Affordable housing will decongest slums and cushion the poor from pandemics

    Kenya’s real estate to remain neutral in 2021 – Report

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City partners with Konza to attract investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    Tatu City Partners with Konza to Attract Investors to Kenya

    National Bank and Octagon ink 100 billion service partnership

    National Bank and Octagon ink 100 billion service partnership

    Real Estate: Cytonn invites bids for this 4 acre piece of prime land in Kilimani

    Mizizi Africa Homes voted best low cost housing developer 2020

    Mizizi Africa Homes voted best low cost housing developer 2020

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    Cytonn Hands Over Phase III of Comprehensive-Lifestyle Project, The Alma

    32% of Kenyans to change houses over Covid-19

    32% of Kenyans to change houses over Covid-19

  • Tech
    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung and Safaricom ink a deal for Galaxy S21 preorders

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Spending on IT Predicted to pass Ksh. 7.7 trillion in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Wireless Earbuds to set the Tech-Trend in 2021

    Nokia launches low cost smartphones for the Kenyan market

    Nokia launches low cost smartphones for the Kenyan market

    LG unveils premium monitors

    LG unveils premium monitors

    Pesalink appoints Gituku Kirika as CEO

    Pesalink appoints Gituku Kirika as CEO

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    Samsung Galaxy S21 is now out,pre orders open in Kenya

    realme C12 and 7i now Available In Kenya

    2021: realme to release more smartphone in Kenya

  • World Business
    Celebrated US broadcaster Larry King has died at the age of 87

    Celebrated US broadcaster Larry King has died at the age of 87

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Defiant: Words such as ‘China virus’, ‘impossible Paris climate deal’ mark Donald Trump’s speech as he bids farewell to USA

    Twitter CEO finally breaks silence about banning US President Donald Trump from the platform

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

    Millions Abandon Whatsapp over new Contentious Policy, Signal, Telegram record growth

    Trump threatens to slash US funding to World Health Organization

    A year later, WHO still insists on visiting China to probe virus origin

    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

    F1 superstar to miss Sakhir GP after testing positive for coronavirus – Statement

    Boeing’s 737 Max Cleared to Fly in the US After Crashes

    Boeing’s 737 Max Cleared to Fly in the US After Crashes

    Guinness forced to recall contaminated brand

    Guinness forced to recall contaminated brand

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

    WTA Names Kenya as Africa’s Leading Tourist Destination 2020

  • KBF
    • All
    • Agribusiness
    • Banking
    • Insurance
    • Manufacturing
    • Opinion
    Kenya’s position as a Digital Media Hub gaining momentum

    Kenya’s position as a Digital Media Hub gaining momentum

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    Toyota Kenya and Sendy to support riders acquire Yamaha bikes

    630 scientists from Africa to benefit from new training programme

    630 scientists from Africa to benefit from new training programme

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    PrideInn Launches Technology Enabled Hybrid Meeting initiative

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    KRA issues accounting guidelines for 2020-2021 Corporate Tax rates

    NMS to handle payment of pending bills

    NMS to handle payment of pending bills

    Technology at the center of Metropolitan National Sacco transformation

    Savings: Here’s how to join Metropolitan Sacco

    Mary Mulili takes charge at UBA Kenya

    Mary Mulili takes charge at UBA Kenya

    Safaricom Announces New Plan to help Businesses

    Safaricom accused of IP theft in their latest innovation

    • Agribusiness
    • Banking
      Technology at the center of Metropolitan National Sacco transformation

      Savings: Here’s how to join Metropolitan Sacco

      Mary Mulili takes charge at UBA Kenya

      Mary Mulili takes charge at UBA Kenya

      Family Bank voted best bank in customer relations

      Family Bank voted best bank in customer relations

      Was KCB bank hacked?

      Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

      Exclusive: What it Takes to Lead a Multi billion Sacco in Kenya

      KCB, MoH and Kazi kwa vijana biggest advertisers in the past 5 months

      Mastercard, Unilever and KCB Bank strengthen partnership to support micro-retailers in Kenya

      ‘Beware of fake currency’, CBK Warns

      Diaspora remittances rose by 11 per cent to Sh341 billion in 2020 – CBK

      6.5 million register new mobile money accounts in 2020 -CBK

      6.5 million register new mobile money accounts in 2020 -CBK

      SIB banks’ foreign investment arm records mild drop in returns

      SIB banks’ foreign investment arm records mild drop in returns

    • Insurance
      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      DigiTrust: ICEA Lion Group bets on technology in the rewarding money market field

      ICEA Lion Life appoints a new CEO

      ICEA Lion Life appoints a new CEO

      Exposed: Insurance Company on The Spot for Fruatrating clients

      Exposed: Insurance Company on The Spot for Fruatrating clients

      Octagon feted in 2020 World Pension Summit Innovation Awards

      Octagon feted in 2020 World Pension Summit Innovation Awards

      What do you need to know before purchasing car insurance?

      What do you need to know before purchasing car insurance?

      National Bank of Kenya Bags Global Recognition

      National Bank of Kenya Bags Global Recognition

      DIB Awarded Best Islamic Bank in Kenya

      DIB Awarded Best Islamic Bank in Kenya

      Insurance: IRA Foils Over Ksh300 Million Fraudulent Claims

      20 out of 56 licensed insurers in Kenya fail capital test

      Tom Gitogo offloads his shares in CIC Insurance

      Tom Gitogo offloads his shares in CIC Insurance

    • Manufacturing
    • Opinion
      KRA Goes After Rich Individuals, Firms Over Sh250 Billion

      Digital Services Tax a desperate move caused by bad governance

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      OPINION: Managing the end-of-life of products to accelerate a circular economy in Kenya

      Why Digital Services Tax is a retrogressive policy

      Why Digital Services Tax is a retrogressive policy

      How Citizen TV Became The Most Watched in Kenya

      How Citizen TV Became The Most Watched in Kenya

      This is the new Safaricom logo

      Fail or win? Mixed Reactions over Safaricom’s new logo

      After fuliza, Safaricom introduces another way to borrow money

      OPINION: Why Safaricom’s Fuliza is a rip off!

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      OPINION: Conserve Nature Even as you Work to Achieve SDGs

      Crisis as young Kenyans now embrace Crime as lifestyle

      Crisis as young Kenyans now embrace Crime as lifestyle

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

      Employment Exit Strategy: The smart way to leave job for entrepreneurship.

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Entrepreneurship is the solution to post COVID-19 recovery in Africa-experts

by Neymar
November 30, 2020
in African, Markets, News
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As the fourth edition of the Annual African Conference on Social Entrepreneurship (AACOSE conludes, stakeholders have called for more focus on social entrepreneurship and cross-sector collaboration towards an accelerated recovery from COVID-19s impact on the economy and for economic growth in Africa.

Convened by Tangaza University College and Ashoka East Africa, the conference has drawn participation from academia, leading social entrepreneurs, an array of actors in academia and social impact ecosystems, government and private sector representatives, from Kenya, across Africa, US, Europe and other continents.

Social entrepreneurs or innovators are individuals who come up with innovations that seek to provide solutions to challenges that affect people, whether social, cultural or environmental. Millions of people in Sub-Saharan Africa continue to lack access to basic or quality services and goods in the sectors such as education, agriculture, healthcare and technology which social entrepreneurs address with innovative, scalable solutions. These innovators are also playing a growing role in solving challenges around equity and other social justice in Africa.

“The ongoing pandemic has clearly shown that there is a need for sustainable economic solutions in Africa and the world, and social innovation has demonstrated the impact it has in providing these solutions,” said Vincent Odhiambo, Regional Director at Ashoka East Africa.

“Social enterprises have stepped up during the pandemic and past crises to provide solutions where normal systems have failed in the areas such as healthcare, agriculture and education. By empowering people and communities, these social enterprises are impacting hard to reach and vulnerable populations, who most often lack access to basic services. The AACOSE conference has come at a time when stakeholders in the public and private sphere need to come together and discuss on policy, financial and other strategic support for social entrepreneurs and we are glad to see representation from all the players that need to be engaged. We have emphasized on the importance of growing the experience of young people and giving them the required support needed for them to grow up knowing the potential they hold in being change makers and how they can leverage technological advancement for social good.”

Other than supportive policy regulations and legal frameworks, financing solutions and opening markets for good and services offered by social entrepreneurs to nurture sustainable social innovative environments, stakeholders have also called on institutions of higher learning to adopt the social entrepreneurship education and foster social innovation within their ecosystem. This means taking a social problem and posing it to learners with the aim of turning it around to become a viable solution.

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“It is time for academic institutions to start partnering with governments and multi sector players to ensure that they develop the human capital that every generation will need to address emerging challenges. Bringing up a generation of learners that already knows how to address social issues around them will contribute to reducing the rate of unemployment among the youth,” said Jonas Yawovi Dzinekou, Director of the Institute for Social Transformation (IST) at Tangaza University College. “ A report by the British Council on the state of social enterprises in Kenya revealed that 68 percent of social enterprises have a mission to create employment opportunities while 65 percent of surveyed enterprises are led by youth people aged 25 to 44 years, showing the potential that they have to alleviate  unemployment in Kenya.” 

Furthermore, as COVID-19 exposes under investment in healthcare systems, social entrepreneurships have played a role to provide inclusive health care, micro- insurance, access to medicine and technological based solutions for health in various parts of Africa.

In Kenya for example, Dr Moka Lantum, an Ashoka Fellow, has through his enterprise ZiDi developed a solution to enhance the efficiency of healthcare delivery in Kenya’s public health system by automating the supply chain of free and/or publicly subsidized essential drugs to rural health clinics. ZiDi is ensuring that rural households are able to access high quality treatment in a reliable, affordable and timely way.

In Uganda, an Ashoka Fellow, Maria Baryamujura’s COBATI has developed a community-based tourism approach that allows people to use their culture and livelihoods to benefit from tourism. These innovators are also addressing food shortage in Africa, as demonstrated by Harvest Africa Harvest, a social enterprise that addresses challenges throughout the value chain for small scale farmers and this has dramatically increased incomes for farmers in Kenya and Africa. Through Solar Sisters, Katherine, an Ashoka Fellow, is addressing access to clean and renewable energy in Uganda by concentrating on women as key agents in distributing and consuming affordable, renewable energy products; thereby pushing women to drive change in the rural energy-space.

Under the theme ‘Social Entrepreneurship: A Paradigm for inclusive economic recovery and growth’ AACOSE 4 has been attended by over 500 people from across the continent and the world and has provided a platform to showcase models that have proved to be successful in African countries and that can be replicated in other places.


Kenyan Business Feed is the top Kenyan Business Blog. We share news from Kenya and across the region. To contact us with any alert, please email us to [email protected]sinessfeed.com

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