May 19, 2020

Total invests in African entrepreneurs

Total
Oil
entrepreneurs
Ethiopia
mahlokoane percy ngwato
2 min
Total invests in African entrepreneurs

French multibillion-dollar oil company Total has launched a project aiming to finance and support African start-ups in 34 countries on the continent.

Launching the project in Ethiopia, Lassina Toure, Managing Director of Total Ethiopia Share Company said: “This project is part of the project we are launching in 34 African countries with the aim of encouraging competitive and potential businesses by African youth that create jobs.”

Ethiopians who have innovative business ideas can summit their plan to Total's start uppers challenge. The first three best business ideas or ongoing businesses for the past two years, will be awarded 350,000 Ethiopian birr and also get coaching along with the top ten best.

The second and third runners up will also be awarded Ethiopian birr 200,000 and 150,000, respectively.

Total’s brand Ambassador and Olympic Gold Medalist athlete Haile Gebrselassie said: “It is a very good opportunity for Africans who are mostly totally reliant (neo-colonized) on the products and innovations from the rest of the world.”

The challenge, or ‘Stratupper of the year’ is part of the company’s global initiative to support the socioeconomic development of all the countries where it operates.

Total operates in 150 countries across the globe creating jobs to close to 100,000 employees of which 10,000 are in Africa.

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SOURCE: [AFK Insider

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Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

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