● The program expected to build capacity and inject investment into Blue economy startups from Africa
● Women and youth-owned ocean-based enterprises key target
Pangea Accelerator CEO, Jonas Tesfu giving his keynote speech in a recent accelerator meet-up
NAIROBI, KENYA June 29th 2021… Norwegian based accelerator Pangea has today unveiled Kenya’s first-ever Blue Economy accelerator program. The move is aimed at advancing a sustainable blue economy ecosystem in Kenya as a vehicle for economic development and growth through the creation of jobs and reduction of poverty.
The program, now open for application until 29th August 2021 is designed to support…
The support will further enable the startups to move up the ladder from the Seed level to Series A.
“Out of the local start-ups that have raised more than $1 million, only 6% have local founders while the rest are founded by expatriates. As an accelerator, we are looking to change this narrative and enable…
Pangea Accelerator is excited to have a new staff, Daisy Chesang. She is our Program Manager. We had a little interview to get to know her better.
Welcome Daisy to the team. So, who is Daisy?
I am an entrepreneur enthusiast, a problem solver and a creative. I like to paint- it is my zen place when I need to just relax; and I am also a professional swimmer.
What is your educational background?
I have a degree in BSc science under recreation management and undertook multiple post-degree training on startup building by Y-combinator School. …
H abitat for Humanity International, through it’s ShelterTech Accelerator program in Kenya recently hosted a session on the circular economy during the Sankalp Global Summit 2020 held on Friday 6th November 2020. The session sought to gather insights from stakeholders in the sector and innovators in the housing sector building solutions for the circular economy. These innovators contributing to the discussions were; Daniel Luis Paffenholz, CEO and Founder of TakaTaka Solutions, Mtamu Kililo, CEO and Co-Founder of Mycotile and Nzambi Matee, Founder of Gjenge Makers.
Key stakeholders joining the conversation were; Philip Thigo, Advisor to Kenya’s Deputy President and Member…
At Pangea, our goal is to provide access to competence, network and capital to African entrepreneurs. We are always on the lookout for amazing founders and co-founders solving some of the continent’s biggest challenges in urbanization. In order to do this, we seek like-minded experts to collaborate and partner with especially impact investors. One of our partner investors is DOB Equity. We had a candid conversation with Maina Murage, Investment Analyst at DOB Equity to understand better what they do and highlight what interesting opportunities they see in the sector.
Tell us a little bit about DOB Equity
This month at Pangea, we have been running a series on the amazing women who make up the Pangea team. We had a chat with the Chair of The Board of Directors at Pangea Accelerator, Borghild Holen to get her insights on her journey and the interesting lessons and observations she has made over the years. She has always been passionate about business development and has over 33 years of experience in international financing and investments in emerging markets and developing countries.
Tell us a little about your journey and interest in business development and supporting youth and gender?
Last week, WorkPay Africa joined the list of leading African tech startups to have passed the million dollar mark having raised US$2.1 million in funding. The startup, originally called TozzaPlus, offers a cloud-based human resources management and payroll solution for small and medium-sized businesses (SMBs) in Africa. Through it’s time tracking and salary disbursement tools, the startup assists African businesses save money and time by eliminating ghost workers from their payroll as well as inefficiencies associated with cash payments. We had a candid conversation with Paul Kimani, CEO at WorkPay Africa to understand their fundraising journey during Covid-19.
WorkPay, one of Pangea’s portfolio startups, today announced a new and innovative partnership with professional accountants in Kenya to offer the 250+ businesses on its platform accounting and bookkeeping assistance beginning with the 2020 Kenya Revenue Authority (KRA) iTax annual returns due on 30th June.
The addition of professional accountants on the WorkPay platform will complete the 360° employee statutory returns with the monthly NSSF, NHIF, and PAYE statutory reports already taken care of. The accountants will assist WorkPay clients to ensure 100% tax compliance by providing them with proactive bookkeeping assistance and audit services.
I n recent weeks, we have seen the economic impact of the Covid-19 pandemic not only on financial markets but also on vulnerable industries such as the service industry with experts predicting a potential economic recession. We talked to thought leaders in the Silicon Savannah to learn how the startup ecosystem in Kenya and hubs across the continent have been impacted by the pandemic and what they are doing to stay afloat.
Status report on Kenyan startup scene
We’re running a monthly series on the finalists from the ShelterTech Accelerator Kenya program. This month of March we spotlight, The Vlage, a startup redefining modern living in Africa by offering furnished and serviced co-living spaces for young professionals and startup founders. We discussed their experiences in the accelerator, what they’ve been up to and the next steps and in honor of Women’s History Month — women in the housing and real estate industry.
The Vlage: The accelerator program created brilliant opportunities for us. Pangea offered us mentorship and partners who guided us in taking our idea to market and…