Success Story from Zimbabwe: Strive Masiyiwa Supports Education

african development successes

Photo source: http://www.newzimbabwe.com/news-17391-Strive+Masiyiwa%E2%80%99s+next+challenge/news.aspx Photo source: http://www.newzimbabwe.com/news-17391-Strive+Masiyiwa%E2%80%99s+next+challenge/news.aspx

Strive Masiyiwa was born in Southern Rhodesia, now Zimbabwe, in 1961. He attended primary school in Zambia, completed his secondary education in Scotland, and obtained a degree in electrical engineering in Wales. In 1984 he returned to Zimbabwe and set up an electrical engineering business, which by 1989 was quite large and successful.

With the global rise of cell phone usage, Mr. Masiyiwa determined to start Econet Wireless, but the government, which had a monopoly in telecommunications, refused to grant him a business license. Ultimately Mr. Masiyiwa prevailed and obtained a license, but only after a five-year legal battle that nearly drove him into bankruptcy. By 1998 Econet Wireless Zimbabwe had its first cellphone subscribers and was listed on the local stock exchange. Within a few years it was the second largest company in the country.

In 2000, Mr. Masiyiwa moved to South Africa and founded…

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