WorldRemit announces Africa-focused entrepreneurship program in Kenya




As part of the commitment to be creating opportunities and facilitating development in Africa, WorldRemit, the digital money transfer service, has announced the launch of its WorldRemit Entrepreneurs Program in Kenya, as well as in Nigeria, Ghana, and Zimbabwe.

Since the outbreak of Covid-19 across Africa, the continent has experienced a significant setback with the businesses of many entrepreneurs taking a hit. These entrepreneurs control the Micro, Small, and Medium Enterprises (MSMEs) landscape, that have made significant contributions to the growth of the African economy especially through the creation of jobs. WorldRemit is kickstarting this significant investment to support and empower these small businesses to grow their businesses.

The program will commence from November 2020 till the end of January 2021 and will focus on empowering 50 entrepreneurs each, from the four African countries with business booster packs and a digital business training course to help the program participants develop the required skills to scale and run their businesses successfully.

The training module was developed and will be delivered in partnership with The Nest, a pan-African tech incubation hub reaching entrepreneurs from all sectors, domains and industries across the continent.

WorldRemit has signed Nigerian Music Star Patoranking as an ambassador for this program. Patoraking will help to build awareness for the program and highlight how WorldRemit creates opportunities for Africans in entrepreneurship. Patoranking will promote the partnership with WorldRemit and encourage people to enter the competition which will help to build entrepreneurship across Africa.

Speaking on this partnership, Sharon Karuga Kinyanjui, the MD for Middle Eeast and Africa and Head of East & Central Africa at WorldRemit said: “We believe that entrepreneurs are critical to the growth of our economies, and as a business, we have a  responsibility to support them through initiatives like this, especially during these unprecedented times. WorldRemit is a great success today because of the resilience and the support our entrepreneur founders received. We want to see other entrepreneurs experience the same level of success and beyond, because we know that when they do succeed, it has a ripple effect that will see the African continent succeed too.”

To participate, WorldRemit customers from around the world are encouraged to send a minimum of £50 (or its equivalent value in their local currency) to Nigeria, Ghana, Kenya or Zimbabwe between November 2, 2020 and December 31, 2020. Winners will be chosen through a draw to nominate the budding entrepreneurs living in Nigeria, Ghana, Kenya and Zimbabwe. The nominated entrepreneurs will receive the WorldRemit Business Booster pack, as well as access to the digital training course.

Backed by Accel, TCV and Leapfrog, WorldRemit’s headquarters are in London, UK with regional offices in the US, Canada, Australia, New Zealand, Hong Kong, Singapore, Malaysia, the Philippines, South Africa, Somaliland, Uganda, Kenya, Rwanda, Tanzania, Zimbabwe and Belgium.

The Nest is a pan-African tech incubation hub reaching entrepreneurs from all sectors, domains and industries across the continent.

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