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Tunisia Ranked 1st in Africa in 2018 Global Entrepreneurship Index

According to the recently released Global Entrepreneurship Index 2018, which measures the health of the entrepreneurship ecosystems in each of the 137 countries it studies – Tunisia is ranked 1st in Africa, in terms of the quality of the entrepreneurial environment. This index is based on the analysis of 14 areas considered as key in the quality of the entrepreneurial environment.

The North African country owes its overall score (42.4 / 100) to the availability of private and public capital (venture capital) which is credited with a score of 70/100.

The ability to develop new products and to integrate new technologies is also a major asset for the land of Jasmine. The Global Entrepreneurship Index 2018 reports that, the quality of human capital both in business and STEM (science, technology, engineering and mathematics) in Tunisia exceeds the average of 50/100.

However, reveals the document, Tunisian entrepreneurs have a strong risk aversion. This lack of risk is mainly fueled by political instability. In the box of counter-performance factors that undermine the quality of the entrepreneurial initiative in Tunisia, competitiveness and the ability of the private sector to compete with the international market, hold a preponderant place.

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In the Global ranking, Tunisia is 40th, followed by Botswana (52nd with 34.9 out of 100), the second in Africa’s ranking.

entrepreneurship index
image source: TunisianStartups facebook

See the Top Ten (10) Africa Ranking for the global entrepreneurship index, according to the quality of the entrepreneurial environment.

  1. Tunisia (42.4 out of 100)
  2. Botswana (34.9 out of 100)
  3. South Africa (32.9 out of 100)
  4. Namibia (31.1 out of 100)
  5. Morocco (29.2 out of 100)
  6. Egypt (25.9 out of 100)
  7. Algeria (24.7 out of 100)
  8. Rwanda (21.5 out of 100)
  9. Ghana (21 out of 100)
  10. Nigeria (19.7 out of 100)

Credit: Talent2Africa


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9 Startups Accepted into the First Next Health Accelerator with $15K Seed Funding

Next Health Accelerator
image courtesy: Valorigo

Intrepid Entrepreneurs, a non-profit designed to catalyze the power and promise of young people and women to fundamentally advance their societies, recruited nine startups for the inaugural cohort of the Next Health Accelerator.

Female, African entrepreneurs with a minimum viable product (MVP) from 26 countries applied to the program. After a rigorous review process, nine startups from seven countries were selected to begin the program in March 2021. The investor readiness accelerator is six months long and includes $15,000 seed funding, international mentors and partners, business support services, and value chain access.

The Next Health Accelerator’s focus on sexual and reproductive health is founded on the premise that unmet needs for sexual education, menstrual hygiene management, family planning, medication abortion, and STI diagnosis and treatment will be most sustainably delivered by local African enterprises.

Sexual and Reproductive Health issues directly affect 300 million women and girls on the continent and the productivity of the entire continent. For the continent to prosper and support its burgeoning youth population, it must harness the demographic dividend with access to equitable healthcare and economic opportunities. Next Health Accelerator addresses both.

Next Health Accelerator

The 2021 cohort includes:

  • Rocket Health: Provides telemedicine and pharmacy services for SRH needs including convenient lab test retrieval and medication delivery in Uganda
  • Verifie: Delivers STI self-tests and treatment products via doorstep delivery in Ghana
  • Pharmaserve: Specializes in delivering high-quality pharmaceuticals in Nigeria through a fully integrated inventory monitoring system
  • Girls Pride: Provides menstrual hygiene management education and skills training to create reusable pads in The Gambia
  • Pad-Up Creations: Employs over 100 people in Nigeria to produce single-use, chemical-free pads sold in 16 countries
  • Valorigo: Manufacturers single-use sanitary eco-friendly pads made from locally grown bamboo in the Congo
  • The Grace Cup: Delivers SRH education and reusable menstrual cups in Kenya
  • Kosmotive: Provides SRH information and access to SRH self-care products in Rwanda
  • Massira: Delivers SRH information interactively as well as access to SRH services and products through an online community in Ghana 
SEE ALSO |  Jack Ma to Set Up A $10 Million Youth Development Fund

Lindsey Simmonds, the Co-founder of Intrepid Entrepreneurs in a press statement said,

“After 15 years in philanthropy, I believe now more than ever that it is women who will solve women’s health challenges and it is Africans who will solve Africa’s development challenges.”

She continued that, development policies made in Washington, D.C. or London need to make room for the power and promise of the youth and women on the African continent. And on this premises, their Next Health Accelerator catalyzes African startups to investor readiness to make scalable, sustainable impact imbued with the commitment and determination that only comes from homegrown ideas.

Visit the intrepidentrepreneurs.org to learn more about the Next Health Accelerator 2021.

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