Archive

Tag: Business Growth

Beyond the Idea: The Need for Execution Support in Zambia’s Startup Ecosystem

Zambia’s entrepreneurial landscape is rich with ideas, spanning from fintech innovations to sustainable agriculture. However, despite substantial progress in fostering ideation through various training programs and innovation hubs, there is a critical gap in execution support. This gap often results in promising ideas never reaching their full potential, stifling economic growth and innovation. The Ideation-Execution… Read more »

Funding Opportunities for Startups: A Comprehensive Guide

Starting a business is exhilarating, but securing the right funding can be a significant challenge, especially for African entrepreneurs. Africa’s startup ecosystem is rich with innovation, but financial constraints such as limited investor networks, high interest rates, and inadequate financial infrastructure often impede growth. Furthermore, cultural and economic barriers can make it difficult to connect… Read more »

BongoHive and TEDxLusaka Collaborate to Demystify AI and Unlock its Potential for Zambia

In a groundbreaking collaboration, TEDxLusaka and BongoHive, have come together to shed light on the transformative potential of artificial intelligence (AI) across key sectors in the country. From July to August 2024, the two organisations facilitated a series of impactful AI community workshops, engaging participants from five critical sectors: agriculture, business, health, education, and law… Read more »

Bridging the Gap: Empowering Women Entrepreneurs and Tech Professionals in Africa

BY ELIEZER LUNGU In recent years, Africa has witnessed an inspiring rise in female entrepreneurship and tech innovation. Initiatives focused on supporting women in these fields are making significant strides, yet a significant challenge remains: the need for comprehensive and sustained support that goes beyond initial training and mentorship. The Landscape of Female Entrepreneurship and… Read more »

FIT4Mentorship Program: Empowering Women in Tech Across Africa

On April 14th, the BongoHive entrepreneurship team, in collaboration with Zanga African Metrics launched the FIT4 Mentorship Program, an initiative funded by GIZ (Spark). This initiative aims to tackle the gender imbalance in Africa’s tech industry by empowering female tech professionals and enhancing their visibility. The  Program is set to drive transformative change in the… Read more »

Driving Innovation in Zambia: Highlights from the USAID BEP Session

The USAID Business Enabling Project (BEP) in Zambia recently held a Pause and Reflect session, facilitated by the BongoHive Consult innovation unit, which showcased the innovation unit’s commitment to leveraging entrepreneurship and technology for economic development. This initiative aimed to evaluate the project’s progress, identify key challenges, and develop actionable strategies for future improvements. During… Read more »

The Innovation Mindset

BY DORUS Innovation is not just about having a brilliant idea. Rather it is about cultivating a specific mindset that embraces exploration, experimentation, and a willingness to learn from failures. Key  aspects of an innovative mindset: Curiosity sparks the initial exploration of an idea or problem. For example, Marie Curie, out of curiosity about radiography,… Read more »

Driving Digital Transformation for Zambian Agricultural SMEs: A Success Story

BongoHive, in partnership with the United States Agency for International Development (USAID) and ACDI/VOCA, has played a pivotal role in the Zambia EDGE Project by leading the ‘Leveraging Digital Technologies’ component. This initiative aims to empower Zambian agricultural small and medium-sized enterprises (SMEs) to adopt digital solutions to grow their businesses. Over the past two… Read more »

Meet the Tóshikas: Empowering African Startups through Japanese Venture Capital Investment

The “Meet the Tóshikas” programme, funded by the Ministry of Economy, Trade & Industry in Japan, is being implemented by the United Nations Development Programme (UNDP) and led by Double Feathers Partners (DFP), with BongoHive serving as the local implementation partner. This initiative aims to facilitate Japanese venture capital investment in African startups while simultaneously… Read more »

5 Reasons Why Innovation is Critical For Business Growth

Do you know that a Google search on ‘why innovate’ produces 114,000,000 results? There is a lot of conversation going on about innovation and even more specifically, its importance in business. Innovation has become part of a survival kit for companies that want to meet current and future customers’ needs. The world has become so… Read more »