Why Africa needs its women entrepreneurs

Caption: GroFin women entrepreneurs from Sub-Saharan Africa and MENA regions. Which region would you say has the highest proportion of female entrepreneurs? Many would believe it is the advanced world, with US and Europe leading the charge, as these regions normally do. But, while it may come as a surprise to most, it is Sub-Saharan

Highland School, Rwanda

Passionate educationists like Edward Munyaburanga, whose Highland School is being recognised as a premier educational institution in the Bugesera District, have a key part to perform in lifting hundreds of children into a world of education and thus empowerment.

Cherish Eye Enterprise, Nigeria

In 2008, Joy Aghogho Money started a school-to-school outreach programme where she not only offered free optometry consultation to pupils and teachers but also sold contact lenses. At one of her outreach sessions, Joy’s programme impressed a team from the Shell Petroleum Development Company (SPDC) of Nigeria that was on a community health mission. The

US$100 Million GroFin SGB Fund Launched to Support SMEs in Africa

KAMPALA, Uganda, September 24, 2015 Wednesday 23 September marked the official launch of the GroFin Small and Growing Businesses (SGB) Fund. It aims to catalyse sustainable job creation through supporting small and growing businesses in Uganda, Kenya, Tanzania, Rwanda, Ghana, Nigeria,Zambia, South Africa and Egypt. The Fund aims to support over 9,800 under-served entrepreneurs and

Participation in the Oman SME Summit by GroFin

The Oman SME Summit, themed “Reinvigorating the SME Market in Oman” this year, saw the participation of GroFin as panellist for the discussion titled “Review of Funds and programs in place for SMEs, their status and the way forward.” This initiative aims at creating awareness on the various funds and programs established to encourage entrepreneurship in Oman. The

GroFin Launches Fund to Support Growth of Small and Growing Businesses in Africa

KAMPALA, Uganda, September 14, 2015 Wednesday 23 September 2015 will mark the official launch of the GroFin Small and Growing Businesses (SGB) Fund in Africa that aims to catalyse sustainable job creation through supporting small and growing businesses in Ghana, Nigeria, Uganda, Zambia, Kenya, South Africa, Rwanda, Tanzania, and Egypt. The Fund was co-created by GroFin, a


The Ghana – Africa Business Awards Scheme was established in 2004 under the auspices of the Ministry of Foreign Affairs and Regional Integration. The scheme was set up to honor institutions which make significant contributions to the development of Ghana’s economy through trade promotions, Investments and other economic relations between Ghana and other African countries.

Erhiuwes Product Launch

Erhiuwes Enterprise, a distributor of health food and herbal products and which received funding from the Aspire Small Business Fund, recently launched One World Network’s Natural Beauty and Wellness products. The products, manufactured in Philippines, were introduced to the Nigerian Market last month. Ughelli is the second Nigerian city, after Lagos, where these products are

The Entrepreneurial Path…Is it right for you?

  For some people, the entrepreneurial route offers the freedom of being their own boss and the ability to think, plan, and innovate in their own unique way. However this freedom, comes with a price. “Through my multiple years of starting and managing successful enterprises, I have learned that real, sustainable success comes not only

Achieving Success

Pursuing success is the number one motivator in pushing limits and extending the reach for each and everyone.  For some, success is measured in terms of wealth, while for others, it is their emotional quotient.   An analysis on how those who are viewed as successful Leaders, for instance, might help us better understand the dynamics

Al-Mostaqilla for Technology & Industrial Investment

Originally from Palestine, Walid Al-Tarifi, is passionate about technology. Driven by this passion, Walid travelled to Germany, France, and Italy to acquire knowledge on optical discs and the industry. In 1996, he established his first factory, Al-Mostaqilla for Technology & Industrial Investment with the support of his brothers. Due to the political situation in Palestine,

My School

Al-Bassam International Enterprise trading as My School It can be difficult to find a partner to support and finance the entrepreneurial dream of a start-up. Nabil Al Raisi and his wife Samia vowed to make My School an even better and bigger learning place when they saw their school’s classrooms over populated after only a

Participation in World Bank’s forum on “Competition and Innovation for Greater Financial Inclusion” in Zambia

The Bank of Zambia in conjunction with the World Bank Regional office for Zambia, Malawi and Zimbabwe held an annual forum themed on “Competition and Innovation for Greater Financial Inclusion” on the 18th June 2015. The audience consisting of Zambian major market players was presented with best practices and innovations in the financial services industry. Chibamba

Press Release Wednesday 10 June 2015

For Immediate Release   NOMOU — CATALYSING THE EGYPTIAN SME SECTOR AS AN ENGINE FOR JOB CREATION   On Tuesday British Ambassador John Casson inaugurated the Nomou Programme in Egypt – a regional partnership between GroFin, Shell Foundation and the UK government to catalyse the SME sector and support sustainable job creation. Over 3,500 sustainable

Nomou – a collaboration to support the SME sector in Egypt

Cairo, Egypt—today, 9 June 2015 will mark the official launch of the Nomou Programme in Egypt – part of a regional initiative to catalyse the Small and Medium Enterprise (SME) sector to support sustainable job creation. The Nomou initiative was co-created by GroFin, a pioneering SME development finance organisation and Shell Foundation, an independent charity.

The Egyptian Nexus

“Perched astride two continents, sandwiched between two seas, and watered by a river that feeds ten countries, Egypt is a nation destined to have extensive contact with the outside world.” Nabil Fahmy, the former Egyptian ambassador to the USA, spoke these words at the turn of the century and they couldn’t be more true today.

GroFin Zambia participates in the FSDP II

On 2nd June 2015, GroFin Zambia participated in the Self-Assessment and Review of the Financial Sector Development Plan II, 2010-2015.  The FSDP II Secretariat, which has was quartered at the Bank of Zambia, has been involved in ensuring greater financial inclusion for all in Zambia as well as developing various regulatory frameworks across the three financial service