Enterpreneurship

Rwandan entrepreneur raises Rwf240m through crowdfunding

Henri Nyakarundi, the brain behind African Renewable Energy Development (ARED), has raised €240,100 (about Rwf240 million) on German’s Bettervest—one of the largest crowdfunding debt platforms in Europe. He is almost edging closer to raising €250,000 (Rwf250.9 million), which...

Tuesday, September 25, 2018 - 1:43pm

How young entrepreneurs are reaping big in footwear with only Rwf5000 investment

Jeanne de Chantal Umuhorakeye is the cofounder of a shoe making company called Shoe Manufacturing and Shopping Limited, which is located in Kimironko sector, Gasabo District.  After graduating with a degree in Law from Kigali Independent University in 2013, she hopped from one office to...

Monday, September 24, 2018 - 11:07pm

Emerging entrepreneur finds value in pumpkin seeds

On a Tuesday afternoon when this writer visits Fraterne Manishimwe’s farm, she finds him and his colleagues sorting out pumpkins that are ready for value addition. Manishimwe got into agriculture after lacking tuition. Despite having thought of the profession as one for old people, he has...

Tuesday, September 4, 2018 - 12:53am

Young entrepreneur finds a niche in avocado products

Entrepreneurship often involves making the most of what is within one’s reach.  Such was the case for Alexandre Nshimiyimana, a 27-year-old founder of Sanit Wing, a Northern Province based producer of soap, jelly and detergents. The firm produces soap, jelly and detergents from avocado...

Tuesday, August 28, 2018 - 1:16am

5,000 African entrepreneurs for Tony Elumelu entrepreneurial gathering

About 5,000 entrepreneurs from across Africa are expected to convene in Lagos, Nigeria in October for the fourth edition of the Tony Elumelu (TEF) Entrepreneurship Forum, arguably Africa’s largest entrepreneurial convening. The Foundation announced October 25, 2018 as the date for its annual...

Thursday, August 16, 2018 - 1:33am

Medical student dabbling in bee farming shares entrepreneurial lessons

Bonaventure Niyoyita is a medical student and entrepreneur behind the ‘Youth Engaged in Apitherapy’,  a firm that rears bees for honey in Kamonyi District. He is a student of General Medicine and Surgery at the University of Rwanda. His business venture aims at helping get youth...

Wednesday, August 15, 2018 - 8:43pm

Youth exhibition seeks to showcase young entrepreneurs’ ventures

Young Rwandan entrepreneurs can look forward to increased exposure of their goods and services following the launch of a youth exhibition to boost visibility. Dubbed Kigali Youth Innovation Expo, the just-concluded two-day exhibition, held at Kiseki Authentic Japanese Restaurant, Kimihurura, over...

Monday, August 13, 2018 - 11:43pm

Innovation as a catalyst of growth

Policy makers all over the world are now emphasising on innovation as one of drivers of economic growth in an economy.  Innovation as driver of economic growth already proved its credibility in developed countries and now it’s time for developing countries to follow suit. Based on...

Monday, August 13, 2018 - 10:05pm

30 teams compete for seed capital in social venture challenge

30 teams composed of 71 budding African social entrepreneurs will tomorrow, Thursday, compete in a Social Venture Challenge. The challenge is part of the Baobab Summit organised by the Mastercard Foundation in collaboration with The Resolution Project and it brings together scholars from across...

Thursday, August 9, 2018 - 8:04am

Rwandan entrepreneur nominated for international export awards contest

Diego Dieudonné Twahirwa, a 30 year old Rwandan entrepreneur has been nominated for the Young Entrepreneur Awards at 2018 World Forum for Export Development 2018 (WEDF 2018). The award is an initiative of the International Trade Centre (ITC) youth and trade programme, which aims at connecting...

Thursday, August 9, 2018 - 7:59am

Carpentry entrepreneur shares experience of a startup firm

Intare Gitori is a carpenter and the founder of  Ibyiwacu Bamboo, a firm which produces furniture out of bamboo. The emerging firm,  located in Masaka, also engages in interior and exterior designs. His journey began immediately after graduating from university in 2013 when Gitori sought...

Tuesday, August 7, 2018 - 9:17am

Entrepreneur’s tales: Closing food shop to start a shoe making plant

Entrepreneurship is not always as rosy as it often appears. Often, it requires one to walk away from a venture that is not as profitable or that is leading to losses.  That is the story of 52-year-old Xavera Mamamukali of Kicukiro District. After years of running a food shop in her...

Tuesday, August 7, 2018 - 12:25am

Meet 23-year-old Imanishimwe, the ‘carpentry queen’

Her peers call her ‘queen’ because that is what her first name means. Being one of the very few and dedicated women in her line of work, Reine Imanishimwe goes by another title — Carpentry Queen. Imanishimwe is a wood innovator and carpenter. Using her own designs, she can...

Thursday, July 26, 2018 - 1:14am

Entrepreneur explains how to start an enterprise with Rwf61000 capital

Henry Carl Nsabyumukiza is the founder of G5 Skyway Growth Limited Company based in Kacyiru, which is involved in the production of instant coffee. The firm which started small in 2015. As a jobless young man, he found an opportunity by supplying coffee beans to firms after purchasing from small...

Tuesday, July 10, 2018 - 10:00am

Editorial: Local entrepreneurs should make their presence felt in Djibouti

President Paul Kagame was one of the few regional Heads of State who witnessed the commissioning of the Djibouti International Free Trade Zone yesterday. The zone covers an expanse of 48 square kilometres and was built with the help of the Chinese to the tune of $3.5 billion. Djibouti is a very...

Friday, July 6, 2018 - 9:34am

Young entrepreneur trying her hand in pumpkin products

Ange Mukagahima is the brains behind Kazima Enterprise, a company that makes pastries like (bread, cake, cookies), pumpkin flour, roasted seeds, pumpkin seed flour. Her common ingredient is pumpkins. The fresh economics graduate wanted to be her own boss from the start, which drove her to...

Tuesday, May 29, 2018 - 11:33am

Glamourising entrepreneurship

The perception of entrepreneurship has shifted in recent years. While at university, more people were inclined to work for a big corporation than start their own business, now it seems that the opposite is becoming the norm. The older generation still prizes formal employment, but the new...

Sunday, May 27, 2018 - 5:28am

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