Are you a young entrepreneur under the age of 35 looking to expand your business across Africa? Apply for the YouthConnekt Africa Export Accelerator 2026.
Are you a young entrepreneur under the age of 35 looking to expand your business across Africa? Apply for the YouthConnekt Africa Export Accelerator 2026.
Applications are open for the YouthConnekt Africa Export Accelerator (E-Accelerator), a joint initiative developed by YouthConnekt Africa in partnership with the United Nations Development Programme (UNDP) and the African Union. The programme is inviting applications from export-ready, youth-led enterprises in Rwanda, Uganda, Senegal, The Gambia, Zambia, and Zimbabwe that are looking to strengthen their export capacity and expand into intra-African markets under the African Continental Free Trade Area (AfCFTA).
The YouthConnekt Africa Export Accelerator is designed to help youth-led businesses overcome barriers to regional trade through enterprise diagnostics, tailored advisory services, export readiness support, and access to business and financing opportunities. The programme aims to strengthen the competitiveness of participating enterprises while supporting sustainable job creation and increased youth participation in intra-African trade.
Through the programme, selected enterprises will benefit from the following:
- Tailored enterprise diagnostics and business advisory services
- Export readiness training and accreditation
- Participation in the Export FitLab and Continental Bootcamp
- Facilitated access to intra-African markets through Policy Sandboxes
- Exposure to continental business, investment, and financing opportunities
- Support to navigate trade regulations and non-tariff barriers under the AfCFTA framework
Interested applicants are required to meet the following eligibility criteria:
- Be a youth-led enterprise with founders or owners under the age of 35
- Be operating in Rwanda, Uganda, Senegal, The Gambia, Zambia, or Zimbabwe
- Have an established business operating in the local market
- Demonstrate readiness to expand into regional or continental markets
- Be committed to investing in business growth and export expansion
- Be willing to participate fully in all stages of the accelerator programme
To apply for the YouthConnekt Africa Export Accelerator 2026, visit the official application page here.
Tips for Managing your Cash Flow
Tips for Managing your Cash Flow
Good cash flow management is a critical skill for every small business owner, and it is important for cash flow to remain positive for your business to thrive. Positive cash flow occurs when the money entering your business from sales and accounts receivable is higher than the amount of the cash leaving your businesses through expenses like rent, employee salaries, and other costs. Positive cash flow ensures your business can manage unforeseen circumstances. Negative cash flow happens when the cash you are spending from your business is more significant than your incoming cash into the business. This indicates trouble for the company. Without adequate cash flow, your business may underperform – canceling orders and ultimately needing to lay off employees. In Rwanda, 42. 5% of entrepreneurs are still operating, partially or fulltime, but only 35.8% are selling, while 57.5% of entrepreneurs are not operating at all at the moment as a result of negative cash flows.
Luckily, there are several steps your business can take to fix the harmful cash flow problems and get into a positive zone.
Here are some tips on effectively managing cash flow in your business.
Get invoicing right.
Invoicing is one of the essential pieces of the puzzle regarding cash flow management. Speed up your cash inflows by delivering your invoices quickly so that you receive faster payment from your clients. Consider investing in automated invoicing such as point of sale machines so that you can improve your turnaround times and minimize delays in sending invoices.
Keep your financial records up to date.
Update your financial records as often as possible. This can help you gain a clear insight into your business’s financial health, which will give you a more precise foundation from which you can forecast your future cash flow, make important decisions, and plan for high and low seasons.
Build a cash reserve you can rely on in tough times.
Building a cash reserve is very important, and it can be done once you hit the break-even point. Businesses face highs and lows – having enough cash to fund your working capital needs can be critical for its continued survival during a low season business.
Liquidate cash that may be tied up in outdated assets or overstocked inventory.
Businesses sometimes have unused equipment, outdated assets, or too much inventory, all of which can be put to better use as income. Equipment and inventory can lose value as new equipment is produced or as customer preferences change. Regardless of whether you sell below initial value, liquidating assets that will not be utilized can contribute to a healthy cash flow.
Consider implementing these strategies to improve cash flow management in your business.