One of the major drivers of economic growth is human capital. Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. Across Africa, young people lack the right skills and capabilities that leading employers are hiring for. While Africa's economy appears to be growing, the conventional universities fail in their capacity to develop young people to meet the human capital demands of the job market.
According to the Future of Work report by Passion Incubator, 80% of business leaders find access to talent one of the major challenges of scaling fast-growing businesses. There is a need for new and different skill sets to meet the emerging digital economy and companies will need to spend more on training graduates to plug this gap.
Hello people. It’s that time of the month again. We are back with another episode of Afritech Verified! On this month’s episode, our host, Towsyn Omowole takes us on a journey to Lagos, Nigeria, where she speaks to Tunde Kara, CEO of one of Africa’s fastest-growing Agritech startups, Vendease, which has been coined the “Amazon Prime” for restaurants.
Vendease Africa is a platform that makes procurement easier and more transparent for hotels and restaurants in Africa. On the Vendease platform, food businesses can order anything they want at competitive prices. This is done by connecting food businesses directly to farms and food manufacturers. Although the company serves hotels and restaurants, they are also providing an opportunity for smallholder farmers to increase their income.
Residents of Nigeria’s most popular and most populous city, Lagos, may have heard of the famous EatDrinkFestival that happens every December but they may not know the trailblazers behind it.
At a time where eating out at fancy restaurants was becoming a norm in Lagos, Nosa Oyegun and Folayemi Agusto or Nosa and Folly as they’re fondly called, created the popular Eat.Drink.Lagos (EDL) blog to visit, review and rate Lagos-based restaurants. The platform quickly became the go-to platform for Lagos foodies to find out about the good, the bad and the ugly of the city’s food scene. Now, EDL isn’t just a blog, it is a high tech platform where visitors and residents alike can search for places to eat in Lagos, based on different search parameters.
White Founder Privilege in Africa, Nigeria Shuts Down Twitter, Malawi’s World First 3-D Printed School | The Round-up
Hello and welcome to another monthly news roundup of the most exciting developments shaping the African tech startup space. As usual, we have lined up some exciting news from the continent, to keep you up to date with current affairs in the African business and technology ecosystem. This month we explore the business cost of media censorship in Nigeria, the persistence of investors favouring White founders as well as news from Airtel, Bolt, and Helium Health, amongst others. Here’s the roundup.