In light of recent political and social unrest in the region, foreign investors are taking a “wait-and-see” attitude to projects in the Middle East and North Africa. For the region’s investment promoters, this demands better, more proactive performance than in the past. Fortunately, although much remains to be done, the investment agencies of the 19 MENA governments are, as a group, off to a good start, according to a World Bank Group report released today. Read more
Tags: Middle East and North Africa
, mena region
If you tell experienced investors you’re planning to crowd-fund your business idea, you’re likely to hear that you’re walking into a minefield: You’ll be relying on naïve individuals who expect to make a killing and are crushed every time they lose a dollar. Read more
, social-media mind-set
THE idea of harnessing many minds to write software, with open-source code, is well established. A similar process is happening for non-commercial projects and micro-finance loans, notably by Kickstarter and Kiva respectively. And the idea behind ProFounder is to apply crowdfunding to companies, explained Jessica Jackley, the firm’s founder and chief executive, during an interview with Tom Standage, digital editor of The Economist, at our Ideas Economy: Information 2012 conference on June 6th in San Francisco (full video above). Read more
When investors think about entering new locations their biggest need—and biggest challenge—is often how to access the information they need to help them make decisions. Reliable information—especially in emerging markets—helps to reduce investor perceptions of risk in an unknown location and reduces the transaction costs of establishing in a new market. Read more
We’ve been fortunate at Afrinnovator to hold the trust and respect of the African tech investor community far beyond just technology, innovation and impact. Recently, I’ve began speaking with people…
Go to Source
Open innovation is key to the success of iHub and can change the working culture of any community of innovators, says Linda Kamau.
iHub is a network and meeting place that enables Kenya’s innovators to bring their ideas to fruition. Through iHub, the technology community, industry, academia, investors and venture capitalists can meet, share ideas and collaborate.
The centre is the first of its kind to operate in Kenya. It allows technologies to progress from the ideas stage to becoming real products and the key to its effectiveness is open innovation — the process of combining internal and external ideas, as well as internal and external paths to market, to advance the development of new technologies. Read more
Authored by: Logan Yonavjak
Sinen En-tech, a Beijing-based company that produces waste treatment technologies for industrial boiler system steam, has enjoyed great success in its home market of China. A long-standing New Ventures portfolio company, Sinen has an impressive growth history and plans to launch an IPO in the next three to five years. Read more
, emerging market