Taking an Ecosystem View for Inclusive Development in Africa
Earlier this year in February 2014, Intellcap launched its inaugural Sankalp Africa Summit in Nairobi. I had the opportunity to attend the summit that brought together about 350 SMEs, investors, policy makers and academia to push for an ecosystem view of inclusive approach to development in Africa. It is undeniable that the continent is emerging as an entrepreneurial destination for technology and mobile innovations, fintech trends in East Africa targeting mobile payments demonstrate how technology can be used to cater for a growing global market. Innovative business models that seek to create both financial and social value are on the rise. The presence of impact hubs on the continent is growing. How best can the continent leverage its entrepreneurship talent to create inclusive development? This question among many others, only represents the necessity for governments and the private sector to garner resources that help...