A Hero’s Journey to Building Africa's Largest Integrated Healthcare Network, Entrepreneurship Insights from an ABH judge, Meet ABH Top 20, and more!

A Hero’s Journey to Building Africa's Largest Integrated Healthcare Network, Entrepreneurship Insights from an ABH judge, Meet ABH Top 20, and more!

Welcome to?African AI, the newsletter of Africa’s Business Heroes, where we highlight impactful stories, insights, and innovations from across the continent.

In this edition, we feature our 2020 2nd Prize winner, Oluwasoga Oni, who is a co-founder of Mdaas Global, a network of diagnostic clinics operating across Nigeria. Mdaas aims to become the largest integrated care network on the continent, driving healthcare innovation to improve the lives of all Africans. In this edition, he shares his journey of founding and running the company and offers lessons that entrepreneurs in the same space can learn from him.

In this edition, you will also meet this year's Top 20, who will be competing live in Cairo, Egypt, for their spot in the Top 10 and their share of the 1.5 million USD. As we look back on the journey of identifying our Top 20, Round 2 judge Isaac Ewaleifoh shares practical advice with African founders that they can apply as they play the long-term entrepreneurship game.

Our spotlight hero of the month is Dr. Ethel Mupambwa, our 2020 ABH third prize winner and the founder and CEO of MoneyMart, a microfinance institution that has been making significant strides in promoting financial inclusion.

Don’t miss our?Opportunity Desk?at the bottom of the newsletter, where you can find career openings, courses, and programs offered by our community members.

We’re excited to have you with us on this journey!

Sincerely,

The ABH Team ?

In this edition, we sat down with Oluwasoga Oni, ABH 2020 2nd Prize winner and co-founder of Mdaas Global, as he discusses their mission to build the largest integrated care network on the continent. We explore the challenges of running a business in Africa, his experiences with fundraising, and the lessons he’d share with other entrepreneurs.

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Isaac Ewaleifoh brings you four essential keys to not only survive but excel as an entrepreneur in Africa. From prioritizing your well-being to increasing your visibility, he shares insights designed to empower you to make a lasting impact across the continent. Dive in and discover how to transform challenges into opportunities.

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Africa's Business Heroes hosted an impactful session of its ScaleUp series, centered around the theme: "Solving the People Puzzle in Entrepreneurship." The event provided a platform for some of Africa’s most successful entrepreneurs and past ABH Heroes to share their wisdom and experiences on managing people dynamics within growing businesses. The article below summarizes what our panel of experts shared with the audience.

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Anticipation Builds as ABH Top 20 Finalists Head to Semi-Final Stage.?Following a rigorous evaluation process, the Africa’s Business Heroes (ABH) Prize Competition has announced its 2024 Top 20 Finalists. This announcement of 20 Finalists is a significant milestone in the 2024 ABH journey, which began with ~20,000 hopefuls from across Africa. These Top 20 Finalists, chosen by an expert panel of judges from around the world, have demonstrated exceptional innovation, impact, and potential to scale their businesses.

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We are excited to announce that the Africa’s Business Heroes semi-finals will take place in Cairo, Egypt, on the 27th and 28th of September 2024!

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ABH is thrilled to partner with Satguru Travel to offer exclusive travel and accommodation discounts for all attendees. Satguru Travel, a leading travel management company, is providing special rates on flights, hotel accommodations, and airport transfers to ensure your journey to the ABH semi-finals is both smooth and affordable. To take advantage of these exclusive offers, please use the link below to access discounted travel and accommodation options:

Access Travel Discounts Here ??

Should you have any questions or need further assistance, please do not hesitate to reach out to our support team,?[email protected] .

Our spotlight hero of the month is Dr. Ethel Mupambwa, our 2020 ABH third prize winner and the founder and CEO of MoneyMart, a microfinance institution that has been making significant strides in promoting financial inclusion. The company focuses on offering affordable and accessible credit to small businesses, farmers, and women entrepreneurs who typically have limited access to formal financial institutions.

By leveraging technology and innovative financial models, MoneyMart ensures that even the most marginalized communities have the opportunity to access financial support and grow economically. MoneyMart offers a range of financial services primarily targeted at underserved communities, small businesses, and women entrepreneurs. The services provided by MoneyMart include microloans and small business loans that are provided as small-scale loans to entrepreneurs and small businesses that typically lack access to traditional banking services.

They? promote group-based lending and savings schemes that allow clients to pool their resources and access larger loans collectively. They also provide financial education and training to its clients to empower them with the knowledge and skills needed to manage their finances effectively.

A significant part of Dr. Mupambwa’s work involves supporting women entrepreneurs. She believes that financially empowering women can lead to broader economic development and social change. Her passion lies in reducing poverty and fostering sustainable economic development through innovative financial solutions.

Under her guidance, MoneyMart has grown rapidly, and positively affected tens of thousands of people across Zimbabwe, helping them achieve financial stability and economic empowerment. We congratulate Ethel Mupambwa and the entire team at MoneyMart for contributing to financial inclusion in Africa and commend them for their continued impact.

Source: MoneyMart

MoneyMart Community Event Targeting School Directors ?


We are excited to bring you the various opportunities that are emerging out of our broad community. Take a look and share them with your network as well.

OUR HEROES AS SEEN IN THE NEWS

Our heroes continue to do good work and the articles below highlight some of the heroes' featured in various publications in the month of August.

OUR HEROES ARE HIRING

  • Christine Kwizera of?Water Access Rwanda , our 2019 Top 10 Hero is hiring for a sales and marketing manager. Follow this?link ?for more details.
  • Thomas Njeru of?PULA , our 2023 2nd Prize Winner, is hiring for many roles in multiple locations. Follow this?link ?for more details.
  • Cyrille Nkontchou of?Enko Education , our 2020 Top 10 hero, is hiring for various roles. Follow this?link ?for more details.

OPPORTUNITIES FROM OUR PARTNERS

  • Student Academy For Global Entrepreneurship (SAGE) Student Academy For Global Entrepreneurship is offering? "SAGE - Beginners": A concise online course exploring startup dynamics, embracing failure's power, and preparing for an innovative, leadership-driven future
  • Mastercard Foundation Fund for Resilience and Prosperity The Mastercard Foundation Fund for Resilience and Prosperity is a 7-year, US$ 126 million Fund that aims to support SMEs across 3 sectors in 20 countries in Sub-Saharan Africa. The main objective is to unlock enterprise growth and catalyze, scale up and sustain the creation of dignified and fulfilling work opportunities for young women and men. You can apply?here .
  • Building Without Boundaries with 54 Collective 54 Collective is on a mission to empower African tech founders who are pushing the limits of innovation and impact. Our "Building Without Boundaries" campaign celebrates those transforming Africa's development landscape through scalable solutions. Join 54 Collective for a Sunrise Safari at the?Africa FinTech Summit in Nairobi National Park?on?Friday, September 6?, where 18 visionary founders will connect, share their journeys, and build lasting relationships. This is more than networking—it's a chance to shape the future

Are you or someone you know driving change in tech? Register now to be part of this transformative experience. ? Register here:??https://lu.ma/rt1wjqox Find out more?here! ?

Follow us on social media to stay tuned for exciting news!



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