Local Culture and Local Business Culture: To Be AI or Not To Be Pen Writing
Local Culture is still Not Integrated in the Artificial Intelligence Bank of Intelligent Data
You are never better served than by yourself. Don’t forget to mention our speakers and storytellers from Bab Mellah – Fortaleza Mazagão, Agba Boucherit, Dar Caid Si Boubker, Sidi Yahya, Gaa de Sidi Moussa, Joutiya Derb Ghalef, and the Grand Rally of Moulay Abdellah.
I hope that one of your researchers knows the traditions that were transmitted through these places or the fertile memory of the event as a translation of burlesque and serious anecdotes sometimes intended as reprimand and mockery and at other times about wisdom inherited through tribal cultural identification.
This need to belong to a locality and to a home with a name and regional social identity which through the ages moves and reproduces to create a piece of populist history in its orality as well as in its expression of pride. of belonging has symbols and signs worthy of recognition. A form of reproduction through the dialectal language of which the poets sang as the bravery and distinction of their masters of arms like their financial patrons without real glory.
In the city of our birth, popular singing, including by Sheikhates and Sheikhs, is incommensurate with the cultural or social divide but rooted in the future of our social education and our awareness of history that nothing could compete or criticize since it was part of our daily life and especially our ancestral environment through which we nourish our regional and tribal belonging.
Knowing and learning through listening was for us the continuation of our first learning in the Koranic schools and also the advanced age of these personalities of the art of popular discourse, this correlation imposed on us a respect for this knowledge that only these encounters allowed us to learn and subsequently recite like cascades of our image.
These Hlaquiyas and these masters of the history of cultural and popular identity were our masters of the School of the Street and the Neighborhood, the reproduction of what I found in Paris in the Latin Quarter and in front of the Pompidou Center as was the case at Jamaa El Fna too.
For us Mazaganais, they became, as Chaouki said, the legitimate prophets of our knowledge of identity. The Mazaganese and Jdidis writers first Driss Chraibi identified with such characters of the Halqua as was also Abdelkebir Khatibi who thus possessed a common denominator of their respective story-novel given the familiar ingredients of their own and direct entourage and their observations and listening to the raw and primary narration which they transformed into a form of antagonistic and populist cultural dialectic reflecting a reality that only oral tradition could have preserved and transmitted between the generations of our neighborhood community, city and country.
The Hlayqui lyricist technique found itself metamorphosed into literary prose crisscrossing the same periods and the same cultural identities with the only difference, the French-speaking linguistic vector and the organizational structure of the chronological and territorial narration of an academic style.
My other Cultural groups at Facebook are as follows or you can also find some publications on our traditions of Doukkala and Mazagan – El Jadida
Mazagan Magazine
Made in Doukkala – Morocco
Made in Doukkala – Morocco
Memories Knowledge and Families Made in Mazagan El Jadida Doukkala
La Culture Locale n’est pas encore integree dans l’Intelligence Artificielle – La Banque des Donnees Intelligentes
On n’est jamais mieux servi que par soi-même. N’oubliez pas de mentionner nos intervenants et conteurs de Bab Mellah – Fortaleza Mazagão, Agba Boucherit, Dar Caid Si Boubker, Sidi Yahya, Gaa de Sidi Moussa, Joutiya Derb Ghalef, et du Grand Rallye de Moulay Abdellah.
J’espère que l’un de vos chercheurs connaît les traditions qui se sont transmises à travers ces lieux ou la mémoire fertile de l’événement comme traduction d’anecdotes burlesques et sérieuses, tantôt destinées à la réprimande et à la moquerie, tantôt à la sagesse héritée de l’identification culturelle tribale.
Ce besoin d’appartenance à une localité et à un foyer avec un nom et une identité sociale régionale qui, à travers les âges, se déplace et se reproduit pour créer un morceau d’histoire populiste dans son oralité ainsi que dans son expression de fierté. d’appartenance comporte des symboles et des signes dignes de reconnaissance. Une forme de reproduction à travers le langage dialectal dont les poètes chantaient comme la bravoure et la distinction de leurs maîtres d’armes comme de leurs mécènes financiers sans véritable gloire.
Dans notre ville natale, le chant populaire, y compris celui des cheikhates et des cheikhs, est sans commune mesure avec la fracture culturelle ou sociale mais ancré dans l’avenir de notre éducation sociale et dans notre conscience d’une histoire que rien ne peut rivaliser ou critiquer puisqu’elle fait partie de notre la vie quotidienne et surtout notre environnement ancestral à travers lequel nous nourrissons notre appartenance régionale et tribale.
Connaître et apprendre par l’écoute était pour nous la continuation de nos premiers apprentissages dans les écoles coraniques et aussi l’âge avancé de ces personnalités de l’art du discours populaire, cette corrélation nous imposait un respect de ce savoir que seules ces rencontres nous permettaient d’acquérir. apprendre et ensuite réciter comme des cascades de notre image.
Ces Hlaquiyas et ces maîtres de l’histoire de l’identité culturelle et populaire étaient nos maîtres de l’École de la rue et du quartier, la reproduction de ce que j’ai trouvé à Paris dans le Quartier Latin et devant le Centre Pompidou comme c’était le cas à Jamaa El Fna aussi.
Pour nous Mazaganais, ils sont devenus, comme le disait Chaouki, les prophètes légitimes de notre connaissance de l’identité. Les écrivains mazaganais et jdidis ont d’abord identifié Driss Chraibi à des personnages de la Halqua, tout comme Abdelkebir Khatibi qui possédait ainsi un dénominateur commun à leur roman-histoire respectif compte tenu des ingrédients familiers de leur propre entourage direct et de leurs observations et de leur écoute brute. et narration primaire qu’ils ont transformée en une forme de dialectique culturelle antagoniste et populiste reflétant une réalité que seule la tradition orale aurait pu préserver et transmettre entre les générations de notre communauté de quartier, ville et pays.
La technique parolière hlayqui s’est retrouvée métamorphosée en prose littéraire sillonnant les mêmes périodes et les mêmes identités culturelles avec pour seule différence, le vecteur linguistique francophone et la structure organisationnelle de la narration chronologique et territoriale d’un style académique.
Mes autres groups Culturels sont les suivants ou vous pouvez également retrouver quelques publications sur nos traditions des Doukkala et Mazagan – El Jadida
Magazine Mazagan
Fabriqué à Doukkala – Maroc
Fabriqué à Doukkala – Maroc
Memories Knowledge and Families Made in Mazagan El Jadida Doukkala
Artificial Intelligence and Consulting Based on Pen Writing: Colonization or Cohabitation?
Artificial Intelligence Reaction to Our Question:
How Artificial Intelligence can be Pain for Pen Writing for consulting services and jobs. How artificial intelligence can impact the provision of consulting solutions and how it can replace human-formulated advice and recommendations?
AI responses and reactions:
Artificial Intelligence (AI) is transforming the consulting industry in several ways, enhancing and challenging traditional consulting roles. Here are some key impacts:
AI can quickly process vast amounts of data, providing consultants with deeper insights and more accurate predictions. This allows for more informed decision-making and strategy development. Tools like machine learning and natural language processing can analyze market trends, customer behavior, and financial data, offering a comprehensive view that would take humans much longer to compile. Routine tasks such as data collection, report generation, and initial analysis can be automated, allowing consultants to focus on more complex and creative aspects of their work. AI can streamline processes, reducing the time and cost associated with consulting projects.
AI algorithms can identify patterns and correlations that might be missed by human analysts, leading to more robust and innovative solutions. By providing real-time data and predictive analytics, AI helps consultants make more timely and effective recommendations.
Many tasks traditionally performed by junior consultants, such as data entry and preliminary analysis, are increasingly being handled by AI, potentially reducing the need for entry-level positions. This shift requires consultants to adapt by developing skills in AI and data science to remain competitive.
While AI can handle data-driven tasks efficiently, it lacks the nuanced understanding and emotional intelligence that human consultants bring to client interactions and strategic thinking.
AI cannot replace the creativity, empathy, and contextual understanding that human consultants provide, especially in complex and ambiguous situations.
AI systems can sometimes perpetuate biases present in the data they are trained on, leading to flawed recommendations. Human oversight is crucial to ensure ethical and unbiased consulting practices.
The key to leveraging AI in consulting is to strike a balance between automation and human insight. AI can enhance the capabilities of consultants, allowing them to deliver more value to their clients. However, the human element remains indispensable for interpreting AI-generated insights, understanding client needs, and providing personalized, context-aware advice.
By embracing AI as a tool rather than a replacement, consulting firms can enhance their services and maintain their competitive edge in an evolving industry.
These are presentations and conclusions made by AI responses and reactions:
When discussing “Artificial Intelligence, Pain for Pen Writing,” it refers to the potential negative impact that advanced AI writing tools could have on the practice of traditional pen-and-paper writing, particularly in educational settings, where the physical act of writing by hand is considered important for learning and cognitive development.
Artificial Intelligence Reaction to our Question: Artificial Intelligence, Pain for Pen Writing
Key concerns about AI replacing pen writing – These are presentations and conclusions made by AI responses and reactions:
Reduced fine motor skills: Repeatedly typing on a keyboard instead of physically forming letters with a pen can lead to a decline in hand-eye coordination and dexterity, especially in young children.
Diminished cognitive processing: Research suggests that the act of writing by hand can enhance memory and information retention compared to typing, as the brain is more actively engaged in the process.
Less engagement with text: Typing can feel more passive than writing with a pen, potentially leading to less thoughtful engagement with the material.
Potential for overreliance on AI: If students become too reliant on AI writing tools to generate text, they might neglect to develop their writing skills, including grammar, vocabulary, and critical thinking.
AI can also have positive impacts on pen writing – These are presentations and conclusions made by AI responses and reactions:
Accessibility tools: AI-powered pens can provide real-time feedback on handwriting, helping individuals with dysgraphia or learning disabilities improve their writing skills.
Personalized learning: AI can analyze writing patterns and provide tailored practice exercises to address individual weaknesses.
Creative writing support: AI can assist with brainstorming ideas and generating creative writing prompts, potentially stimulating more engagement with pen-and-paper writing.
Said El Mansour Cherkaoui Works on Africa and Morocco
Said El Mansour Cherkaoui, Ph.D.
saidcherkaoui@triconsultingkyoto.com
The following platforms represent the groups and Websites that Dr. Said El Mansour Cherkaoui has created and is managing to increase the visibility of Africa and Morocco and to draw interest in matters focusing on the needs of Africans and those that are necessary to build a Model of Development that will be tailored for each country in Africa in a way that set a suite of models that can be complementary in the sense to build an Economic African Space made of clusters and niches that can complete each other for the sake to make Africa self-sufficient and relying on its own regional productive, transformative and operational capacities, and financial and natural resources own by African nations.
Following the presentation of these groups and websites, you will be able to read about what Africa has achieved so far at the level of Technological drive and transformation of the ecosystem. We define the technology here not like a Casino where financiers are betting on the winning numbers or horses, we are focusing on building the real technological foundations that Africa needs to be at its level of change, progress, and development which can master its advances toward interiorizing its abilities to explore, discover and create new forms of technological applications and economic segments necessary not only to sell or transfer value but to form and expand the outreach of its technological creativity to the level of implementing an independent technological strategy and policies to protect its path toward a complete technological independence.
To communicate with the author: Said El Mansour Cherkaoui, please email: saidcherkaoui@triconsultingkyoto.com
WEBSITES and SOCIAL MEDIA – GROUPS / PAGES CREATED and MANAGED byDr. Said El Mansour Cherkaoui
English ★★ Version ★★ Francais
JUST FOR YOU – MY WORK and RESEARCH PUBLISHED Websites I designed, built and where I publish articles, reports, and analyses on Morocco, Africa, the Middle East, Europe, Asia, North and South America, and Asia.
Memories and Writers of Legacies are among my favorite personages and minds when I am writing about the treasures of humanity in my cultural background like in my inviting cultural environment. A swing between dreams and memories is the night and the days for the exploration of ideas and models to pass to the new generation as historical human milestones in the road of existence of those who shed light on our own lives.
My publications concentrate also on digital and techno-logistical changes with insights on the evolution and differentiation of business, trade, and finance applicable management models and socio-strategic implementations with consideration to economic development theories, concepts, and entrepreneurial planning and realizations.
I focus on changes around the world what has an impact in decision-making and what can make a difference in the daily existence of communities, business organizations, institutional establishments and representative professional groups and political entities.
In my writings, I also give particular attention to areas, domains, and subjects that carry potential and prospective changes within their movement of transfer, connection, and inner transformation along with their evolution within new spheres of adaptation, interventions, and relinquishment of established alliances.
Maintaining the forces in presence in the balanced position of weakness is what enacts the movement of directing changes within a frame of antagonistic relationship, producing elements and instruments of control and definition of new relationships within and among these forces that are channeled toward dependency and reliance on external factors for their equilibrium.
This process is taking place within a frame of regional military conflict in parallel to financial and economic competition that are kept in a balance of weakness and an equilibrium that is controlled by external forces who have also their forces maintained in a balanced position of weakness.
A cascade of control is spreading within various spheres of decision and interactions that are applied to economic sectors and financial instruments.
JUSTE POUR VOUS – MON TRAVAIL ET MES RECHERCHES PUBLIÉES Des sites que j’ai conçus, construits et où je publie pour vous des articles, reportages et analyses sur le Maroc, l’Afrique, le Moyen Orient, l’Europe, l’Asie, l’Amérique du Nord et du Sud et l’Asie.
Les souvenirs et les écrivains d’héritages font partie de mes personnages et de mes esprits préférés lorsque j’écris sur les trésors de l’humanité dans mon propre milieu culturel comme dans mon environnement culturel hospitalier. Une oscillation entre les rêves et les souvenirs sont la nuit et les jours pour l’exploration des idéaux et des modèles à transmettre à la nouvelle génération comme jalons humains historiques dans le chemin de l’existence de celles et ceux qui éclairent notre propre vie.
Mes publications se concentrent également sur les changements numériques et techno-logistiques avec un aperçu de l’évolution et de la différenciation des modèles de gestion applicables aux entreprises, du commerce, de la finance et des implémentations socio-stratégiques en tenant compte des théories, des concepts, de la planification et des réalisations entrepreneuriales concernant le développement économique.
Je me concentre sur les changements dans le monde et ce qui a un impact sur la prise de décision et ce qui peut faire une différence dans l’existence quotidienne des communautés, des organisations d’entreprises, des établissements institutionnels et des groupes professionnels représentatifs et des entités politiques.
Dans mes écrits, j’accorde également une attention particulière aux domaines, domaines et sujets porteurs de changements potentiels et prospectifs dans leur propre mouvement de transfert, de connexion et de transformation intérieure tout au long de leur évolution dans de nouvelles sphères d’adaptation, d’interventions et de remise en cause des alliances nouées.
Maintenir les forces en présence en position d’équilibre de faiblesse est ce qui met en œuvre le mouvement d’orientation des changements dans un cadre de relation antagoniste, produisant des éléments et des instruments de contrôle et de définition de nouvelles relations à l’intérieur et entre ces forces qui sont en fait canalisées vers la dépendance. et le recours à des facteurs externes pour leur propre équilibre.
Ce processus se déroule en fait dans un cadre de conflit militaire régional parallèlement à une concurrence acharnée financière et économique maintenue dans un équilibre de faiblesse et un équilibre contrôlé par des forces extérieures qui maintiennent aussi leurs propres forces dans une position équilibrée de faiblesse.
Une cascade de contrôle se déploie au sein de diverses sphères de décision et d’interactions qui s’appliquent aux secteurs économiques et aux instruments financiers.
🌍MOROCCO DIGITALL Morocco and Africa Digitall Transformation🌍
Here is the Real Rocket Taking to the African Galaxy
American Institute of Entrepreneurship in Africa seeks and privileges the establishment of partnership and collaboration with all the parties interested by the growth of entrepreneurship in Africa.
BECOME PART OF THE AFRICAN MOVEMENT OF ENTREPRENEURIAL LIBERATION
TRI CONSULTING KYOTO TRI CK USA – Real High-Level Delegation of Moroccan Government Visiting E-Gov and Cloud of Silicon Valley Computing and E-Gov A high-level Moroccan delegation in a trade mission in the U.S. Ghita Mezzour, PhD Ministre Déléguée Chargée de la Transition Numérique et de la Réforme de l’Administration Ministère de la Transition Numérique et de la Réforme de l’Administration … Continue reading
Said El Mansour Cherkaoui – January 3, 2022 – Jun 17, 2021 – updated 1/3/2022 Startups in Morocco still face a few challenges. The major one is the lack of a pipeline of talented engineers and business course-related graduates. … Continue Reading
Executive Leadership Development Programs for Success Entrepreneurial thinking, innovation, and new technologies are powering startups and creating business opportunities for savvy entrepreneurs, intrapreneurs, and investors. What You Need to Learn and to Know Pre-seed to Exit program is designed for entrepreneurs looking to acquire direct experience in: Developing a plan for an investable project Accurately […] Read more Startups and Innovation
January 6, 2022 – Le Maroc traîne dans le financement des Start-up en Afrique. A travers les projets d’entrepreneurs se réalisent des retombées économiques tant sur le plan de la creation d’entreprise mais aussi de l’emploi en plus du rôle de locomotive joué par les start-ups dans la stimulation des autres déjà existantes compagnies et par l’innovation scientifique et technologique dont toute la région et le pays peut directement et indirectement bénéficier. … Continuer de lirer
January 17, 2022 – Article written in English Le Maroc traîne dans le financement des Start-up en Afrique
A travers les projets d’entrepreneurs se réalisent des retombées économiques tant sur le plan de la creation d’entreprise mais aussi de l’emploi en plus du rôle de locomotive joué par les start-ups dans la stimulation des autres déjà existantes compagnies et par l’innovation scientifique et technologique dont toute la région et le pays peut directement et indirectement bénéficier.
Le mouvement de croissance des start-ups dans les pays tiers comme dans la Silicon Valley est un phénomène directement lié soit a l’existence d’un pool de diplômé/es ou bien a la présence d’incubateurs d’ordre académique et de centres de Recherche et Développement ou les aspirants aux diplômes comme les nouveaux diplômés essayent de créer des micro-entreprises et d’embrasser le chemin entrepreneurial au lieu d’opterer pour des postes dans des compagnies déjà établis. L’autre voie d’aventure pour ces nouveaux diplômées est celle de rester pres de l’action entrepreneuriale en rejoignant des start-ups en pleine croissance.
Est ce que ces conditions permissives existent au Maroc et en Afrique?… Continue Reading
November 30, 2021 – Version written in English Le Maroc traîne dans le financement des Start-up en Afrique Why am I fooling myself when I know you speak another language and love another ways of Doing business
Dans tous les pays ou les Italiens avaient émigré, on trouve des magasins Italiens et des importateurs italiens. … Continue Reading →
GLOCENTRADE – Said El Mansour Cherkaoui – Sciences Po, Grenoble – Institut des Hautes Etudes de l’Amérique Latine, ParisUniversité de la Sorbonne, Paris III Publishers Glocentrade – Global Leverage ★ Morocco ★ USA ★ Morocco ★ California ★ Said El Mansour Cherkaoui Said El Mansour Cherkaoui – Glocentra – CITD Representing 25 US / Californian Companies at Casablanca … Continue reading
– Continuously updated with new inputs and trends For Better or Worse Emergent Technologies Changing Africa! COVID-19 induced a global eCommerce boom, but Africa accounted for less than 3% of eCommerce activity Are these efforts going to increase the use of Information Communication Technologies and develop broadband penetration in Africa? Will technology increase the divide or help to integrate Africa? What are the Destiny and the … Continue reading Africa Startup: Boomerang of Micro-ECommerce
Said El Mansour Cherkaoui – October 10, 2014 – November 30, 2021, Updated on 1/3/2021 Tech Innovation and Startup in Africa Startup in Africa “Startup in Africa ” Startup ecosystem in Africa This is according to the recently released StartupBlink Ecosystem Index Report 2021, a global startup ecosystem map with tens of thousands of registered startups, co-working spaces, and accelerators. … Continue Reading →
November 30, 2021 – Version written in English Le Maroc traîne dans le financement des Start-up en Afrique Why am I fooling myself when I know you speak another language and love another ways of Doing business Dans tous les pays ou les Italiens avaient émigré, on trouve des magasins Italiens et des importateurs italiens. … Continue Reading →
– Welcome to the American Institute of Entrepreneurship in Africa which strives to contribute to the economic enhancement of the development drive of Africa, through its support of the entrepreneurial spirit and action, the cooperation between authorities, aspiring and established entrepreneurs, and community leaders to coordinate their policies, strategies, efforts and actions toward the spreading of development across the African Economic Regional Communities.
American Institute of Entrepreneurship in Africa seeks and favors the establishment of partnership and collaboration with all the parties interested in the growth of entrepreneurship in Africa. … Continue Reading
Continuously updated with new inputs and trends For Better or Worse Emergent Technologies Changing Africa! COVID-19 induced a global eCommerce boom, but Africa accounted for less 3% of eCommerce activity Are these efforts going to increase the use of Information Communication Technologies and develop broadband penetration in Africa? Will technology increase the divide or…Continue Reading →
February 24, 2020 – Africa Startup: Boomerang of Micro-ECommerce AUGUST 11, 2018 Continuously updated with new inputs and trends For Better or Worse Emergent Technologies Changing Africa! Are these efforts going to increase the use of Information Communication Technologies and develop broadband penetration in Africa? …Continue Reading →
Post author By Said El Mansour Cherkaoui – February 3, 2022 – Article Based on Compilation from Findings by Partech Analysis First Findings We tracked a total of 359 equity rounds raised by 347 start-ups, compared to 250 rounds by 234 start-ups last year: representing +44% growth YoY in deal count. 347 African tech start-ups raised a total of US$ 1.43 Billion in 359 equity rounds. This is quite remarkable. In […] Africa Techventure Capital 2021
Morocco Unveils Its Digital Nation Ambition With The Launch Of MoroccoTech That Turned Out to a Complete Merchandising Fiasco Conducted for Personal Gains without any Perspectives on Building a Moroccan Ecosystem for the Development of National Strategic Development of Technology Made in Morocco. …Continue Reading
The Rocket that Explodes in the Face of the Intruders and Comploters and Demasked the Usurpators at the First Day of the Inauguration of this SelfSatifaction and Self-gratification as well as Selfambition Primed to the Detriment of a National Policy and Strategy of Technological Development. … Continue Reading
Conference on North Saharan and Sub-Saharan Africa – US Department of Commerce – San Francisco – California
Dr. Cherkaoui presenting Business Opportunities in Morocco and Africa North Saharan Regions
Director Richard Soyombo – Dr. Said Cherkaoui – Keith Rayner, CEO of Kemara
Attendees at the Africa Conference Sponsored by the US Commercial Service at the United States Department of Commerce
★ International Conference on Africa ★ EBCITD & GLOCENTRA ★
Conférence Internationale sur l’Afrique a Claremont Hotel, Berkeley, California, USA
International Conference on Africa, Berkeley, California, USA
Since my early studies at Institut des Etudes Politiques of the Grenoble University, the development, and integration of Africa were at the forefront of my studies and topics of my presentations in seminaries and essay papers. It was natural that I continue to work and increase awareness about Africa and its need to establish new kinds of relations with countries other than the past metropolitan and colonialists. Below among other pictures, there is a photo taken in the company with the Regretted Dr. Babacar Ndiaye, former CEO of the African Development Bank Group who holds firmly my hand and is standing at my left side.
I initiated and developed a work plan for the organization of The International Conference on Africa – AGOA took place in 2001. The first time in the history of the Bay Area of San Francisco and North California to have a conference of such magnitude and subject. that I submitted to Fazale Sharif the Director of the EBCITD which I was the initiator and for which I participated directly in its organization. I contacted and invited Dr. Babacar Ndiaye and in the following photo, the event/photo took place during an International Conference on Africa I had organized in Oakland, California, and of which Dr. Babacar Ndiaye, Rahimahu Allah was our Guest of Honor.
Below are listed links which content present among others some illustrations of my activities concerning the Integration of Africa with which I was directly involved, including the facilitation of the signing of the Free Trade Agreement between the United States and Morocco.
For many among us, time flies through horizons without leaving traces on recognition and gratitude on what we have achieved for the good for others especially in my case not be born in the United States but I remain up to now the maker of differences between cultures and the guardian of the memories I cherish and remember through my meetings and interactions with the real treasuries of the Humanity. The second link below presents “The ADB honors its former president, the late Babacar Ndiaye: https://www.afdb.org/en/news-and-events/the-afdb-pays-tribute-to-late-president-babacar-ndiaye-17363
I extended the invitation to Dr. Boubacar N’diaye for his presence among us at this International Conference on Africa. He was delighted about my presentation and we also sat together and had lunch at the same table. Wonderful Man with full love for Africa and Africans and who initiated a series of important financial and operational measures: the African Businessmen Round Table, the creation of the African Bank for import-export (Afreximbank), and the setting up of special easy financing for the African private sector (investors and entrepreneurs) without the guarantee of their governments.The Conference Room was packed with U.S. and Foreign officials and Executives as well as faculties and Researchers on Africa and the Place where all these interactions took place was the fabulous and monumental Claremont Hotel in Berkeley, Northern California.
The Conference Room was packed with U.S. and Foreign officials and Executives as well as faculties and Researchers on Africa and the Place where all these interactions took place was the fabulous and monumental Claremont Hotel in Berkeley, Northern California.
Said El Mansour Cherkaoui Organized the International Conference on Africa with Diversity and Multicultural Approach
Dr. Said El Mansour Cherkaoui Conducting a Presentation during the International Conference on Africa
Dr. Said El Mansour Cherkaoui at the International Conference on Africa and AGOA
During President Clinton and First Lady Hillary Rodham Clinton’s trip to Africa in 1998, Congress was considering the African Growth and Opportunity Act (AGOA). During the trip, President Clinton aimed to show Congress that Africa and the United States were ready to be partners in shared prosperity.
National Security Advisor Samuel “Sandy” Berger accompanied the President during this historic trip. Upon his return to Washington D.C., Berger compiled the lessons the participants had learned. These lessons learned showed the promise of the African trade bill that later became the African Growth and Opportunity Act. In September 1998, President Clinton made passage of the bill a top legislative priority to support African nations aiming for democracy and free markets.
In March 1999, the Clinton Administration called upon Congress to “expand opportunities in the United States and Africa by passing the Africa Growth and Opportunity Act.” In May 2000, President Clinton signed the African Growth and Opportunity Act and it has since formed the legislative basis for the United States’ trade with African nations.
“Education is the Foundation to Build on Entrepreneurship as the Bridge for the Integration of Africa and the Road for the Improvement of Living Conditions of the African Citizens.” Said El Mansour Cherkaoui
🌐Culture of Entrepreneurship, Innovation, Creativity🌐Social Progress 🌐
American Institute of Entrepreneurship of Africa – AIEA
🌐Entrepreneurial Africa🌐
Interested in the Entrepreneurship in Africa?
To contribute in this Project, please contact saidcherkaoui@triconsultingkyoto.com
Education is one of the factors that prepare an individual for an entrepreneurial career (Dyer, 1994).
“…. There is an urgent need to promote inclusive economic transformation and jobs-induced growth to improve the quality of life for all Africans. Africa’s youth population is rapidly growing and expected to double to over 830 million by 2050.” Source at the end of the page
🌐 Willing to make Africans benefit from your investment: financial or knowledge-based?
🌐 Willing to make Africans benefit from your Expertise as an Entrepreneur?
🌐 Here comes the Sun from Africa to you: Join our team!
🌐 Let it Be Shining and you will be at the forefront of building the foundations of the New African Entrepreneurial Innovative Mind!
🌐 Here below is where to find the related presentations in English about the Project of the AMERICAN INSTITUTE OF ENTREPRENEURSHIP IN AFRICA and Said El Mansour Cherkaoui’s other works and publications on Africa.
Several major career development theorists have contributed to the literature on careers. Dyer’s (1994) Model of Entrepreneurial Careers and the Social Cognitive Career Theory (SCCT) developed by Lent, Brown, and Hackett (1994) are two of the most accepted and validated models in the career literature. Dyer’s Model of Entrepreneurial Careers explores four components of the theory of entrepreneurial careers, such as career selection, career socialization, career orientation, and career development (Dyer, 1994).
Entrepreneur and Mentor: Tandem for Operational Innovation
According to our model, entrepreneurial career choice can be influenced by individual factors such as “mentorship”, entrepreneurial attitudes, social factors such as role models, and economic factors such as availability of a resource network, economic resources, and believe in innovation.
The idea of infusing entrepreneurship into education has spurred much enthusiasm in the last few decades. A myriad of effects has been stated to result from this, such as economic growth, job creation, and increased societal resilience, but also individual growth, increased school engagement, and improved equality. Putting this idea into practice has however posed significant challenges alongside the stated positive effects. Lack of time and resources, teachers’ fear of commercialism, impeding educational structures, assessment difficulties, and lack of definition clarity are some of the challenges practitioners have encountered when trying to infuse entrepreneurship into education.
The Certificate of Entrepreneurship Program at the AIEA aims to prepare creative practitioners and entrepreneurial-minded innovators to become valuable contributors to the fields of business, economics, culture, and community at large. Entrepreneurs combine creative, cultural, social, and entrepreneurial spirit to forward innovation goals that invest in communities while solving problems with market-based approaches for the greater good.
✅ Learn how to develop an effective operation management and assessment of efficiency that is highly valued within your organization.
✅ Understand how to integrate business processes and development.
✅ Develop the skills to identify necessary resources including people and assets that provide the enterprising project and endeavor tangible value.
✅ Learn how to develop a solid business plan for your entrepreneurial project that addresses cost, benefits, and operational aspects.
✅ Integrate and share understanding with colleagues and employees on how to effectively integrate management, business continuity planning, facility and infrastructure management, HR, and others.
✅ Learn how to do this efficiently: Managerial tasks/functions are divided into 3 phases:
★ Formulation of plans ★ Implementation of plans ★ Evaluation of plans.
The Entrepreneurial Program Advantage at the American Institute of Entrepreneurship in Africa
Selecting and Developing the Business Case
The key task behind planning and assessment of an entrepreneurial motive and idea is developing an understanding of the organization to be assessed through an analysis of the following steps that evaluate the business case.
The Entrepreneurial Management Process
Entrepreneurial Drive
Understand how to educate Entrepreneurs and Business Leaders on the realistic impacts of identified aspects of the SWOT approach, presenting potential strategies to mitigate those impacts, then enacting the option chosen by the business in line with accepted levels of business risk tolerance.
NEXT LEVEL – CRITICAL THINKING
Critical thinking is so often a forgotten aspect of the risk analysis and assessment process, yet it is fundamental to risk analysis and assessment. Understanding how to formulate a question, knowing what you’re looking for, and how that information is applied is indispensable to this process of risk assessment. By exploring other points of view and understanding other perspectives, you learn more about the subject, can reflect on the information you have, and how you feel.
Identification of Entrepreneurial Drive Through Critical Thinking / SWOT
Learn to identify and characterize the organization’s assets in the context of critical thinking – the basis for all good analysis. This is the foundation for criticality and consequence analysis as well as for a majority of probability analysis, vulnerability analysis, and risk analysis itself that can be conducted through the SWOT Approach.
Comprehending the Strengths, Weaknesses, Opportunities, and Threats is the first step in Entrepreneurial Assessment.
Analyzing the Strengths and Opportunities
The scope should define the processes, functions, activities, physical boundaries (facilities and locations), and stakeholders within the boundaries of the risk assessment program.
What is the scope of the entrepreneurial project as defined by the planning process?
Is it meeting the entrepreneurial’s objectives one of the strengths?
Does the planning process consider the context of the organization, its needs, and requirements?
Learn how to match the scope to the resources available to reach the next level of implementation.
Treatment of the Weaknesses and Threats
Weaknesses and Threats are rating scales that are defined concerning an entrepreneur’s objectives and scope. They are typically measured in terms of impact and occurrence. Impact scales of Weaknesses and Threats should translate the units of measure used for organizational objectives, which may reflect different types of impact such as financial, competition, and/or management of products, services, human resources, and customer/client relationships.
ENTREPRENEURSHIP and CHANGE MANAGEMENT
Managing the change process by example of leadership and reallocating human resources and competencies for adequate productivity, teamwork, discipline, accountability, and reaching the same goals while sharing the same benefits with equity and responsibility.
Entrepreneur – Manager and Change Management
The Role of the Management is not only to Change just the shape of the Bottle
The Role of the Management is not only to Change the Label
The Role of the Management is not only to Change the Distributors of the Bottle
The Role of the Management is not only to Change the Consumers and Buyers of the Bottle
The Role of the Management is not only to Change the Content of the Bottle
The Role of the Management is to not only to Change the Process of Making and Pouring the Liquid in the Bottle
The Role of the Management is to change the Concept of/in the Creation of the Liquid in the first place.
COURSE SAMPLE – TRAINING SEMINAR ENTREPRENEURSHIP & ENTREPRENEURIAL MARKETING
CERTIFICATE ENTREPRENEURSHIP
CERTIFICATE INTERNATIONAL TRADE
Duration of the Entrepreneurship Program
Illustrative Sample and Design of Model
Multiple Courses will be provided for Free
Entry Terms: Fall & Spring – Available 100% Online: Yes
Credits Required for Training-Study Program Completion
This 5-day Study Program offers a comprehensive examination of all aspects of planning and implementing an entrepreneurial assessment program for any organization, small or large, public or private, and in any industry or setting. Through engaging lectures, eye-opening case studies, and practical exercises, the American Institute on Entrepreneurship in Africa program not only covers the essential topics listed but also provides opportunities to apply the principles through the offering of mentorship and consulting services, and follow-up orientations and regular online checking-up meeting and web organized brain-storm sessions.
Please Note:
Cancellation Policy
The Entrepreneurial Study and Training Programs at the American Institute of Entrepreneurship in Africa is committed to creating opportunities for all driven professionals. We understand that issues may arise that may prevent your timely participation in our programs.
If a participant cancels one month before the start of a program, a full refund of course fees will be issued. If a participant cancels between one month and one week before the start of the program, a 75% refund of course fees will be issued. If a participant cancels within one week of a program, no refund will be issued.*
AIEA reserves the right to cancel a program due to low enrollment or extenuating circumstances (e.g. natural disasters, acts of terror). In the case of such a cancellation, all participants will receive a full refund of course fees.
*These guidelines only apply for programs without lodging and accommodation. For programs in which course fees include lodging and accommodations, please contact info@triconsultingkyoto.com
In collaboration with the https://africanaenterprise.com – TRI CK USA and Global Center for Trade – GLOCENTRA, a study program with a Certificate is offered to enable Nascent, Rising, and Existing Entrepreneurs to acquire the technical knowledge that is making a difference in establishing and consolidating Entrepreneurial Drive and Enterprise Growth.
Said El Mansour Cherkaoui – Originally published on June 18, 2023 6:48 am
Give me that High Five, We Got the World to Believe in Our Fine TechShow – Dreams of Rolling the Mechanics and the Dice over Silicon Valley and the World of “Incredulous Investors.” Babe, Let’s Buy an Island and Go Around the World
Global Fintech Funding and Rounds from Q1 2022 to Q2 2023
EMEA Fintech Funding takes the largest dive YoY in H1 2023, compared to other regions
Africa has over half a billion mobile money accounts and it is the largest and fastest-growing fintech segment on the continent
Egypt, Iran, and Saudi Arabia technically have the largest addressable market sizes for fintech across the MENA region
African Startups Not Celebrating the New Year 2024
How many startups fail in USA? Approximately 10% of startups fail within the first year. According to the United States Bureau of Labor Statistics, the startup failure rate increases over time, and the most significant percentage of businesses that fail are younger than 10 years. Over the long run, 90% of startups fail. Startup ★ Stars … Continue reading
African Startups Not Celebrating 2024
The companies are well positioned to benefit from the growth of Africa’s tech but they must address the needs of African users
Kampala, Uganda | THE INDEPENDENT | Last year, Google’s Equiano undersea cable began conveying terabytes of data per second to and from African shores. Valued at $1 billion, Equiano stretches from Western Europe to South Africa and has 20 times the capacity of the previous cables that served the continent. According to Google projections, the new cable has the potential to transform Africa’s economy by creating millions of jobs, reducing data costs by nearly 20%, and enabling a fivefold increase in internet speeds.
Other prominent US-based tech companies are also investing heavily in Africa. Amazon is in the midst of constructing its African headquarters in South Africa, while Microsoft recently launched an initiative to bring internet access to 100 million Africans by 2025. Meanwhile, Meta (formerly Facebook) is building 2Africa, an undersea cable expected to be the world’s longest when it is completed in 2024.
The impetus for these investments is the growing recognition that the future of America’s technology industry hinges on expanding its African customer base. Today, a little over a third of Africa’s 1.4 billion people use the internet, representing a small fraction of the world’s internet users. But the continent’s population is projected to reach 2.5 billion by 2050 one-quarter of the global total. The vast majority of Africans are expected to become internet users by then, offering tech companies opportunities that no other region can match.
Still, there is no guarantee that the investments made by Google and other US tech companies will pay off. In recent years, foreign competitors, particularly China-based firms, have also recognized Africa’s immense potential for the technology sector, leading to intense competition for market shares.
Currently, no single actor dominates African markets. Whereas Chinese companies lead in some sectors, such as telecommunications hardware, US companies prevail in software platforms, operating systems, and search. Meanwhile, African-owned fintech companies and startups are growing rapidly, and the continent’s undersea cables and data centers are managed by a diverse set of local and remote enterprises.
The most persistent challenge facing Big Tech firms in Africa is their ignorance of and disregard for Africans’ preferences and needs. For example, some US analysts have expressed concern about the rise of Chinese companies such as Transsion, which manufactures nearly half of Africa’s smartphones. But the main reason companies such as Apple and Google struggle to compete is that their products are priced as luxury goods and are ill-suited for consumers in low-income countries. The base price of the iPhone 14, the top-selling phone in the United States, is $799, nearly half of Sub-Saharan Africa’s GDP per capita. Transsion’s phones, by contrast, sell for as little as $20.
Likewise, data localization is widely supported by African governments, researchers, and citizens. But Big Tech companies vehemently oppose efforts to store data on African citizens within their countries of origin.
To be sure, data localization is not always cost-effective and could be used by governments to undermine civil rights. But studies commissioned by the Internet Society show that efforts to localize internet traffic in Nigeria and Kenya have reduced prices, decreased latency, and fueled the growth of the local tech ecosystem. Conversely, as Nima Elmi observed, Big Tech’s approach effectively perpetuates African countries’ status as consumers of “foreign tech innovations that are developed using their own data and then sold back to them.”
Big Tech firms’ labor and recruitment practices are another example of their disregard for Africa’s needs and interests. At the top end of the pay scale, African policymakers are concerned that tech giants’ tendency to poach top talent will undermine the growth of their domestic industries. Meanwhile, these companies face legal action for subjecting content moderators, many of whom are based in Nairobi, to traumatizing experiences and inadequate wages.
Moreover, the proliferation of disinformation and incitement on social media has severely eroded the reputation of US-based platforms like Facebook, which has fueled violent conflict in Ethiopia and provided fertile ground for extremist groups such as the al-Qaeda-backed al-Shabaab. For years, Facebook ignored organized criminal groups’ use of its platform to lure Africans into domestic servitude. The company finally acted only after Apple threatened to remove Facebook and Instagram from its app store.
Given Big Tech’s record of ignoring and neglecting Africans’ needs and concerns, it is no wonder that African governments have begun to explore alternatives. Nigeria, for example, imposed a seven-month ban on Twitter in 2021, lifting it only after the company agreed to open a local office, pay taxes, and cooperate with national-security agencies. Other countries, such as Kenya, have threatened similar bans.
With their unparalleled expertise and world-class technology, US companies are well positioned to benefit from the growth of Africa’s tech market. But to maximize this opportunity, they must address the needs of African users. Moreover, establishing stronger partnerships with the burgeoning African tech industry could greatly benefit these companies, enabling them to tailor their technologies to the preferences of underserved users and mitigate the impact of disinformation. By fostering relationships with Africa-based researchers and civil-society groups, US tech companies could support the creation of a healthy digital ecosystem that promotes prosperity, security, and accountability for all users.
Over the past few years, Big Tech firms’ failure to address privacy concerns and combat disinformation has prompted a growing debate about the apparent conflict between their professed values and their bottom lines. But to succeed in Africa, US-based tech companies must recognize the falseness of this dichotomy. While investing in African businesses may yield financial rewards, investing in African citizens is the key to unlocking the continent’s vast economic potential.
***** The Independent June 13, 2023 Business, In The Magazine – Source: Project Syndicate.
AFRICAFRIQUE TECH ECOSYSTEM
The Reality of Digital Network and Startup / Tech Hubs in Africa
During the first quarter of 2020, Africa has 522 million internet users representing 11.5% and was ranked third in the global tally. The first one wa Asia that accounts for more than half of the global internet users. Data gathered by Learnbonds indicates that during the first quarter of 2020, the Asian continent accounted for 2.3 billion users representing about 50.3% of the global users. From the same data, Europe has the second-highest number of internet users at 15.9% which represents 727 million users.
With 453 million users, Latin America and the Caribbean region comes fourth. The region accounts for 10.1% of the worldwide internet users. In fifth place is North America with 327 million users, which represents 7.8% followed by the Middle East at 175 million users (3.9%). Oceania and the Australian region account for the least global internet user globally at 29 million which represents 0.6%.
The rise of Africa is a confirmation of a trend that compared to all regions, the strongest growth has been reported in Africa, where the percentage of people using the Internet increased from 2.1 per cent in 2005 to 24.4 per cent in 2018, according to ITU data. … The theme, “Boosting Africa’s Digital Economy,” recognizes the key role of digital technologies in the modern economy. May 27, 2019
Africa Needs to Think Big and Think Fresh
According to certain indicators, Africa is hosting only 11% of the world’s Internet subscribers and only 35.2% of the African population are accessing the Internet and mainly trough the mobile phone.
In response, efforts were made by the African governments to increase the development of fiber optique as network. Taking the example on the American, European, Indian and Chinese markets, African regulators are trying to implement policies “that encourage network sharing and access to ducts, thus facilitating the roll out of networks and reducing deployment costs. This trend is actually happening in Kenya, Nigeria, Ghana, Tunisia and Nigeria.
However, some people in Africa have been abandoned along the way in recent years as technology and robotisation have reduced the wages of some communities “of workers, says Christine Lagarde, the director general of the IMF.
On the other hand, the Director of ITU’s Telecommunication Development Bureau, Doreen Bogdan-Martin said: “Africa cannot afford to think small or act slowly, and at the current rate of progress, hundreds of millions of African children will still be denied the opportunity to realize their potential. Without more rapid digital transformation, Africa will not succeed in creating the huge number of new jobs needed to match its population growth.”
Building a solid digital economy will require a focus in key areas, such as: digital infrastructure, digital literacy and skills, digital financial services, digital platforms, and digital entrepreneurship and innovation, says Ms Bogdan-Martin.
“Can we attain the goal of universal and affordable access to broadband for all Africans by 2030? Not without a paradigm shift,” says Ms Bogdan-Martin. “Africa’s digital transformation is going to need all hands on deck. We need to work together more effectively; engage old and new partners more effectively; innovate more effectively.”
“We need a coordinated effort to push forward the digital transformation of Africa through shared vision, policies and measures to support pan-African digital integration,” says Ms Bogdan-Martin. “Digital transformation will provide the springboard for a leap into the African Century. Africa’s youth are ready and waiting to make that leap. We must not let them down.”
Startup and Tech Trends in Africa
In a challenge to Uber’s (Dara Khosrowshahi) dominance in South Africa, Estonia-based ride-hailing app Bolt (Markus Villig) to double its service there after having raised more than $200 million from investors since its launch in 2013. Reuters
While you’re at it, check these picks for 2016, 2017, 2018 and 2019.
For the Disrupt Africa team, it has been another fascinating year of conversations and meetings with hundreds of inspiring, innovative African tech startups.
But which of these companies do we think have the brightest futures ahead of them? Here is our pick of the top 12 African startups to watch out for in 2020.
NORTH AFRICA
Trella
Egyptian trucking marketplace Trella is our first rising star of 2019, having raised more than US$600,000 in a pre-seed funding round; selected for Silicon Valley-based accelerator Y Combinator; and concluding the year by acquiring local competitor Trukt.
Founded last year, Trella operates a B2B trucking marketplace, connecting shippers with carriers in real-time, to make the entire supply chain faster and more reliable while reducing slack and exceptions.
This year’s impressive list of successes comes from a team that told Disrupt Africa they are taking growth “step-by-step”, and not making any hasty moves – so we’re eagerly anticipating the next set of well-planned moves the startup makes.
Eksab
Also from Egypt, we’re betting fantasy sports platform Eksab will keep up its winning streak in 2020.
Eksab is looking to tap into the MENA region’s love for football by providing users with exciting and engaging mobile games, to become the leading fantasy sports site in the region.
In its first year, the startup processed more than five million predictions, and in June secured a six-figure seed investment from 500 Startups to help it scale its product across the region.
With such a solid start to the startup’s growth plans, we’ll be keeping a keen eye on Eksab over the coming months.
Kaoun
Tunisian fintech Kaoun is tackling the epic question of financial inclusion. The company’s first product, Flouci, is a mobile and web app that allows users to create free bank accounts remotely; facilitating the process through an innovative Know Your Customer (KYC) system via smartphone.
A critical component to any startup’s success, the team behind Kaoun is top-notch: co-founders Nebras Jemel, Anis Kallel, and Rostom Bouazizi put their studies in the United States – at Harvard University, University of Rochester, and Columbia University respectively – on hold to come back to Tunisia and build a fintech startup.
Launched in 2018, Kaoun has already raised funding from two angel investors, and secured key partnerships with two Tunisian banks and the country’s National Digital Certification Agency. This startup is worth watching.
SOUTHERN AFRICA
FlexClub
Here at Disrupt Africa, we’re interested to see how FlexClub fares in 2020, after a solid start since launching last year.
The South African startup allows users to purchase vehicles which are then matched with Uber drivers who pay a weekly rental charge to the investor.
With a solid founding team – including two former Uber employees; the startup raised US$1.2 million in a seed round led by CRE Venture Capital and also featuring Montegray Capital and Savannah Fund in March, amidst plans to grow its team and expand into new geographies.
Intergreatme
Regtech startup Intergreatme can be credited as one of the first crowdfunding successes of Southern Africa; securing a whirlwind ZAR32.436 million (US$2.19 million) from 406 investors via the Uprise. Africa platform in May. Within six days it had already raised ZAR28.5 million (US$1.98m), with the startup limiting the raise to ZAR32 million which it managed in 2 weeks. The raise was marred slightly by the fact the startup later decided to reject a bulk of it after some investors failed compliance processes.
The fact still stands the startup is an attractive proposition, however, and we get what all the hype is about. Intergreatme has developed a web and app platform that digitises verified personal information for over 25 million credit-active South Africans; for streamlined use across businesses and other organisations.
We can’t wait to see what the startup does next, as we’re sure 2020 is going to be an immense year.
Pineapple
Insurtech startup Pineapple is the third South African venture to make our watch list for 2020.
Founded in 2017, Pineapple allows users to get quotes and insurance on items with just the snap of a picture.
The startup has been going from strength to strength since launching, raising seed funding, and taking part in Google’s Launchpad Africa accelerator and the US-based Hartford Insurtech Hub’s accelerator.
Then in 2019, it won the single biggest prize at the annual VentureClash challenge in the United States (US), securing US$1.5 million from a US$5 million prize fund. With the milestones rolling in, we’re sure 2020 will be a stellar year for this startup.
EAST AFRICA
Exuus
Rwandan fintech Exuus has had an exciting year; in particular, it has been busy honing its pitch to perfection.
The startup is taking traditional savings groups online in a bid to smooth processes and help low-income communities become more financially resilient.
In February, Exuus was one of 10 startups selected to pitch live to an audience of over 600 attendees at the annual Africa Startup Summit, held in Kigali; picked from more than 100 applicants from around the continent.
The startup was also named winner of Seedstars’ Rwandan event, securing a place in the global final, at which Exuus will pitch for up to US$500,000 in equity investment. We think they stand a good chance of coming out on top of the contest.
MPost
Launched in 2015, it has taken Kenya’s MPost a while to get going, but recently things have started hotting up.
Simple but effective, MPost has developed a platform that enables the conversion of mobile numbers into official virtual addresses, which allows notifications to be sent to clients whenever they get mail through their postal addresses.
The startup participated in the Startupbootcamp AfriTech program held in Cape Town in late 2018; and this year raised a US$1.9 million Series A funding round to finance its expansion and further development of its proprietary platform.
We’ll be keeping our ears glued to the ground for more news from this exciting venture.
RideSafe
Take motorbike taxis, affordable emergency response, and blockchain – mix them with a bucket of innovation and you get RideSafe. The Kenyan startup offers an emergency response service for public motorcycle taxis, that utilizes a micro-insurance financing model running on a decentralized blockchain application.
The startup has had quite the year – having raised US$100,000 in funding from æternity Ventures after taking part in the Bulgaria-based æternity Starfleet Incubator for blockchain startups; as well as being selected to pitch at the Africa Startup Summit in Rwanda in February.
We know we’ll be seeing big things from this company in 2020.
WEST AFRICA
OKO Finance
It’s not every day a startup from Mali makes the list of the continent’s top 12 startups to watch – but OKO Finance has.
Founded in 2017, OKO develops affordable mobile-based crop insurance products to provide smallholder farmers with the financial security they need, regardless of unstable climate trends.
The startup raised pre-seed funding of US$300,000, but is now looking to raise US$1.5 million in order to grow more quickly. We feel confident they’ll get the backing, and we’re looking forward to seeing them scale their solution to more farmers and more markets in 2020.
Yobante Express
At Disrupt Africa, we’re really excited about Senegalese startup Yobante Express, which has developed an innovative relay-based way of tackling last-mile deliveries.
Founded in November 2018, Yobante Express is an online marketplace that connects local couriers with local commerce; combining the gig economy and machine learning, to optimize domestic, cross-border, and last-mile delivery.
Already delivering over-delivering 8,000 parcels and generating more than US$50,000 every month, Yobante Express expanded to South Africa in November, and we have a feeling this startup will be pan-African before long.
54Gene
Nigeria’s 54Gene means serious business: it is building the first African DNA biobank.
Just six months old, 54gene is a product of Stack Dx, which raised funding from early-stage VC firm Microtraction to develop the platform in January. Since then it has been selected to take part in the Y Combinator and Google Launchpad Africa accelerator programs, and in July, raised a US$4.5 million seed round.
The startup is now positioned to build the largest database of genomic and phenotypic consented data of Africans. And for us, there’s no doubt that this startup merits a spot on our must-watch list for 2020.
Ahmed Benjas, MBA Finance Director | SAP | IFRS | SOX | US GAAP | Middle East & North Africa regions |
“When I see these figures, I wonder what makes us believe that we are a country where the economy moves.” -: studies overly paid by the State (McKinsey, Roland Berger …) and we do not have not got the thread to start yet? – Incubators that ultimately serve what? – too many startup events …. !!!! – CoWorking Spaces where we only display the signs of laid-back startups …. – business angels who are not ready to play the game … In my opinion, the failure is total, and our ecosystem is unattractive ” end of the quote.
Raising Capital Funding for Start-up in Africa 2017 (in Millions of dollars)
Google launched a network of free Wi-Fi hotspots in Nigeria on Thursday, August 9, 2018, as part of its effort to increase its presence in Africa’s most populous nation.
The U.S. technology firm owned by Alphabet Inc has partnered with Nigerian fiber cable network provider 21st Century to provide its public Wi-Fi service, Google Station, in six places in the commercial capital Lagos, including the city’s airport.
Internet penetration is relatively low in Nigeria. Some 25.7 percent of the population made use of the internet in 2016, according to World Bank Data.
We are rolling out the service in Lagos today but the plan is to quickly expand to other locations.
The poor internet infrastructure is a major challenge for businesses operating in the country, which is Africa’s largest oil producer. Broadband services are either unreliable or unaffordable to many of Nigeria’s 190 million inhabitants.
“We are rolling out the service in Lagos today but the plan is to quickly expand to other locations,” Anjali Joshi, Google’s vice president for product management, told Reuters in Lagos.
The company said it aimed to collaborate with internet service providers to reach millions of Nigerians in 200 public spaces, across five cities by the end of 2019.
It said it would generate cash from the service in Nigeria by placing Google adverts in the login portal. Google did not disclose the amount invested in the new Nigeria service.
The technology firm said it planned to share revenues with its partners to help them maintain and deploy the Wi-Fi service but did not disclose the expected advertising revenue split.
Africa’s rapid population growth, falling data costs, and heavy adoption of mobile phones have made it an attractive investment prospect for technology companies.
Nigeria is the fifth country to launch Google Station. Similar services have been launched in India, Indonesia, Mexico and Thailand.
The service is aimed at countries with rapidly expanding populations. The United Nations estimates Nigeria will be the world’s third most populous nation, after China and India, by 2050.
“A lot of people who found data to be too expensive for them to use, are using it,” said Joshi. “In India, we have tens of millions of users, and close to a million in Mexico.”
However, many do not disclose how profitable the continent’s markets are, or if they make the companies money at all.
Last year, Google announced plans to train 10 million Africans in online skills within five years. It also said it aimed to provide $3 million in equity-free support to African start-ups.
Nigerian Vice President Yemi Osinbajo visited Google’s Silicon Valley headquarters this month to meet the company’s chief executive, Sundar Pichai.
REUTERS
The average size of the deals struck in Africa by startups also increased year-on-year at every stage of investment, with Series A funding, for example, increasing to around $3.7m. Series A refers to a company’s first significant round of venture capital financing. At the same time, the number of tech hubs in Africa has risen to 310, with 173 accelerators and incubators recorded in 2016, according to the World Bank. There were 117 in the previous ye
For Startups: High Priority Should be given to Assembling Founding Team
While it is true that an entrepreneur needs to be very disciplined hence the 24 steps in Disciplined Entrepreneurship taught by Prof Bill Aulet, I cannot hide my eureka moment when I become more and more convinced after conforming: the number one skill that an aspiring founder must prioritize is FOUNDING TEAM ASSEMBLY – choosing co-founders, splitting equity, recruiting advisors, managing a board.
Interestingly, Prof Matt Marx of MIT Sloan elaborated carefully in his class “Dilemmas in Founding New Ventures (a full semester in 80 minutes)”. In it he gave examples from Smartix, Segway, Wily Technology, and Zipcar.com that could have been conducted better during the founding team assembly stage. He outlined some observations that the Skills and Networks of the founders must complement each other, but objectives must be similar among the founders. Skills is easily observed. Networks is also rather easy if you probe. However, the raison d’être of the co-founder is not observable.
Cherkaoui Journal, Morocco Digitall and African Start-Up Expo – Oakland California by Said El Mansour Cherkaoui is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. Based on a work in English and French Languages at https://www.africanenterprise.com and https://fr.triconsultingkyoto.com. Permissions beyond the scope of this license may be available at http://www.triconsultingkyoto.com
In Tribute to Nass Al Ghiwane and Moroccan Popular Culture and its Human and Artistic Pillars
Approximately 10% of startups fail within the first year. According to the United States Bureau of Labor Statistics, the startup failure rate increases over time, and the most significant percentage of businesses that fail are younger than 10 years. Over the long run, 90% of startups fail.
All but the most promising and well-run VC-backed startups struggled to raise funding as venture capital investors became much more selective than they were just a few years ago. As a result, startups that weren’t yet able to sustain their operations without additional funding ran out of money and closed up shop.
Africa Dismay and Startup Going Down
VC funding in the African startup ecosystem has steadily declined in 2023, causing experts to worry about the future of the once fast-growing sector.
With fewer investors willing to bet on the continent during the tech downturn, the funding crunch has triggered mass layoffs, slashed valuations, and the liquidation of several African startups.
Recent news reports of mismanagement and fraud have impacted investor perception, leading to increased scrutiny and demand for credibility from local and global investors.
The funding crunch has already caused several casualties. Since the beginning of the year, at least 10 African startups.
2023 has been a difficult year for African startups. The global economic downturn has led to a decrease in venture capital funding for startups worldwide, including African startups. Funding for African startups has dropped significantly, with estimates suggesting a decline of 50% or more compared to 2022.
Other reasons for the shutdown of African startups in 2023 include:
Fewer investors willing to bet on the continent
Mass layoffs
Slashed valuations
Liquidation of several African startups
Fund mismanagement
Unfavorable market conditions
Challenges associated with certain business models
Lack of liquidity in the market
Difficulties startups use to regularly raising capital
Inability to convince investors
Other challenges that impact the success of startups in Sub-Saharan Africa include: Infrastructure deficits, Regulatory obstacles, Limited mentorship, Frugality issues, Inadequate marketing and branding. The absence of internet connection is also a factor in limiting the expansion of E-commerce and other business online transactions. This is not just in the rural areas but also in the cities.
Some notable African startups that shut down in 2023 include:
HytchA Nigerian B2B logistic platform that shut down because it “couldn’t raise [funding] and couldn’t sustain the business with just the money [it was] making”
OkadaBooksA Nigerian digital publishing platform that shut down due to unspecified “insurmountable challenges”
DashA Ghanaian payments startup that folded in October amid allegations of financial impropriety and false reporting
TOP TEN African Startups Not Celebrating the New Year 2024
Sub-Saharan Africa faces unique challenges that impact the success of startups. An article published on Medium in April 2023 outlines these challenges, including a lack of funding, infrastructure deficits, regulatory obstacles, limited mentorship, frugality issues, and inadequate marketing and branding.
Sendy: In August, Kenyan end-to-end fulfillment startup Sendy shut down operations and announced a fire sale of assets (it didn’t call it that), with reports saying reduced order volumes and fuel price hikes meant it was making deliveries at a loss, and had a monthly burn rate of US$1 million. Sendy raised US$20 million in capital as recently as January 2020, but in the current climate further funding was not to be found.
54gene: 54gene, a genomics research company that had raised US$45 million across three funding rounds, revealed in September that it had started winding down its operations. 54gene, which has had three CEOs in the last 12 months.
Dash: Ghanaian payments startup Dash, founded in 2019, had raised a whopping US$86 million, but folded in October amid allegations of financial impropriety and false reporting.
WhereIsMyTransport: South African mobility startup WhereIsMyTransport, bankrolled to the tune of over US$27 million by investors such as Naspers in recent years, announced it was closing down in October after failing to secure more investment.
Lazerpay: In April, Lazerpay, a Nigerian crypto and web3 company, confirmed it was shutting down operations after failing to raise additional funding. The startup had laid off some employees last year after the proposed lead investor for its seed round withdrew due to the “market conditions and disagreement on terms”.
Zumi: Kenyan B2B e-commerce startup Zumi announced in March it had closed down after failing to secure the necessary funding to continue operations. Launched in 2016, Zumi began life as a female-focused digital magazine, before pivoting into e-commerce in 2020. According to co-founder and CEO William McCarren, the startup achieved over US$20 million in sales, acquired 5,000 customers, and built a team of 150 people, but closed after failing to secure investment.
Zazuu: Last month, Zazuu, a London-based marketplace for African remittance companies that and raised more than US$2 million in total funding, also shut down, citing a lack of funding.
Hytch: In February, Nigerian logistics startup Hytch confirmed it had shut down barely nine months after launch.
Okada Books: Nigeria’s Okada Books, founded in 2013 and a pioneer in digital publishing and bookselling, closed down last month, citing rough macroeconomic conditions.
Pivo: Formed by Ijeoma Akwiwu and Nkiru Amadi-Emina in July 2021 and launched in public beta in September, Pivo offered banking services to small supply chain businesses, and raised a US$2 million seed round a little over a year ago. It, too, has now closed its doors, though by all accounts founder conflict also played a part.
Copia: Kenyan e-commerce company Copia, which raised US$50 million Series C funding last year, announced it was pulling out of Uganda, “consistent with many of the best companies in Africa and across the world which are responding to the market environment and prioritising profit.”
MarketForce: Another Kenyan retail-tech startup, MarketForce, is also facing challenges. The company raised US$40 million in funding in February of last year, back in the boom times, but stunningly, certain VCs that had committed funds backed out. In all, US$8 million of that capital was never wired. MarketForce has struggled to raise more capital, announced a bunch of layoffs, and recently turned to crowdfunding to get some cash in the bank.
Twiga Foods: Twiga Foods, a platform that connects Kenyan farmers to food vendors, recently secured undisclosed funding as part of a business refinancing process, just weeks after facing a KES40 million (USD 262,000) debt collection lawsuit. Twiga secured the new funding from Creadev, Juven, TLcom Capital Partners, and DOB Equity, investors that participated in the US$50 million Series C round it raised in 2021.
Paystack: Nigerian payments company Paystack, acquired by Stripe in 2020, has been steadily growing its geographical presence since then, but is now taking a step back. The company announced last month it had reduced its operations outside of Africa, cutting its workforce in Europe and Dubai.
Various sources and documentation were used in this article. Corresponding references are listed in the text of this article as links to connect to for further indications.
U.S. Finance Policy Facing High Tech Clouds October 3, 2022, For the U.S. Financial Regulators, the Limit is NOT the Sky of the Financial Space, It is the Crypto Cloud Platforms Next the European Central Bank will follow the Course #cloud #bank #cryptonews
In our fast-changing world, lifelong learning is more important than ever. But as a busy professional, how do you keep up to date with the knowledge and credentials you need to broaden your mind, advance your career, and reach your personal goals?
professional certificate programs
Capitalize on new ideas and find means and ways to enter new local, regional, and international market
Drive innovative ideas and strategies inside of your organization and develop a team that will support the change you can bring new value
Inspire yourself with American Organizational and Operational Management Strategies
Learn and test the efficient and cost-effective practices from Silicon Valley leaders, American entrepreneurs, and International Venture Investors.
What will you get?
World Class Instructors
Learn from faculty who have helped lead and launch Silicon Valley start-ups.
Online Learning
Join courses from anywhere in the world and learn from the comfort of your location.
Flexible Pacing
Choose from self-paced professional or certified courses that provide further insight, advice, and expertise.
African Certificate Entreprise
Earn a certificate for any professional and certified study program you complete.
Interested in Artificial Intelligence?
Check out these online certificate programs
Entrepreneurial Leadership
Certified Education Program
This certificate program provides advanced knowledge in the wide-ranging aspects of entrepreneurial success. You’ll learn from accomplished business experts how to expand, transform, and manage your ideas, projects, and entrepreneurial organization.
Building Company Culture
Entrepreneurial Education Course
Knowing how to build processes that create, foster, and reinforce adaptable solutions and new business cultures with organizational vision. You’ll learn how to thoughtfully and meaningfully grow company culture through change and adaptation.
Business Model Innovation
Professional Education Course
See how companies like Tateyoko Research Institute, Amazon, Aliba Baba, Tesla, Apple, Huawei, and Android have evolved their business models to meet changing customer needs and stay ahead in a competitive landscape – and how you can do the same.
COACHING WITH A PROVEN FRAMEWORK TO GROW AND SCALE YOUR ENTREPRENEURIAL PROJECT AND OPERATIONS
Global Entrepreneurial Strategy
Certified Education Course
Explore entrepreneurial strategy, based on creating organizational change or responding to market change. Learn with real scenarios such as first mover versus follower advantage, breaking through slowing demand, and turning risk into opportunity.
WE WILL HELP YOU IN YOUR ENTREPRENEURSHIP DRIVE
Find your customers.
Amplify your brand.
Create New Revenue
Team Alignment
Operationalize Your Sales.
Repeat your Sales Motions
Scale through Investment
Local and Regional Entrepreneurial Strategy
Certified Education Course
Through team projects, you will discover how to exploit emerging IT technologies to motivate and conduct innovation to produce real economic value.
SCHEDULE A CALL ON WHATSAPP
We’ll create a bulletproof scaling plan, we’ll support you 24/7, and together, we’ll grow your business and achieve your wildest dreams.
Said El Mansour Cherkaoui: A Global Business, Investment and Trade Catalyst Said El Mansour Cherkaoui, a California-based advisor and consultant, who has made an indelible mark on international business and … Continue reading
Des sites que j’ai conçus, construits et où je publie pour vous des articles, reportages et analyses sur le Maroc, l’Afrique, le Moyen Orient, l’Europe, l’Asie, l’Amérique du Nord et du Sud et l’Asie. 
★ Websites Designed, Built and Managed ★ 
★ ★
★ ★
★ ★
★ Groups and Pages 
★ Groupes et Pages ★
★
★
★
★
★
★
★
★
★
Find your customers.
Amplify your brand.
Create New Revenue
Team Alignment
Operationalize Your Sales.
Repeat your Sales Motions
Scale through Investment 
