The toolkit was developed following a comprehensive study aimed at identifying the practical needs for startups to successfully enter these key markets.
It focuses on critical sectors, including agriculture, education, financial services, health, and manufacturing.
The digital toolkit provides a range of outputs, tools, and guides tailored to support entrepreneurs navigating these diverse markets.
It has undergone validation through feedback sessions to ensure it effectively addresses entrepreneurs’ needs.
Additionally, the toolkit serves as a model for future initiatives aimed at expanding access to other markets across Africa.
Jordan Kyongo, Head of the East Africa Research and Innovation Hub at the British High Commission Nairobi, emphasized the importance of this initiative in easing market entry barriers for African entrepreneurs.
“This exercise was critical in understanding the requirements for entrepreneurs to enter different markets in the region. We are confident that this digital toolkit will be an instrument in growing Africa’s entrepreneurial ecosystem,” he stated.
The toolkit addresses challenges that entrepreneurs face across the continent, particularly regarding the complexity of regulatory requirements, certifications, and tariffs.
Entrepreneurs often need to navigate 55 different licensing systems across Africa, creating significant hurdles for market expansion. The toolkit seeks to simplify these processes, providing much-needed clarity and support.
Norrsken has opened applications for its Norrsken Accelerator program.
P1 Ventures, a seed-stage venture capital firm focused on Africa, has secured $35 million in its second fund, bringing it closer to its $50 million target.
Nigerian digital identity solutions provider Seamfix has secured $4.5 million in funding to fuel its expansion into five new African countries.
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