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There's a new king of the world's favelas, and he's from Brazilbut he's got a few things in common with favelas in other parts of the world.
For one thing, he's the founder of the Social Innovation Program and Awards (SIPA) conference for social innovation in Africa, which held in Nigeria last week, the Guardian reports.
The conference focused on "reawaken, redesign, and re-emerge Africa beyond potential innovations," as its website puts it, and featured a speech by Henry Keastener, the managing principal of Sovereign Capital.
"I have traveled to more than 50 countries and I have never received a better welcome than Nigerianever been more encouraged by the dynamism in the marketplace or more excited by the potential of an incredible job," Keastener said, per the Guardian.
He also noted that building an organization requires financial capital, and urged innovators to learn from their financial mistakes in order to stand a better chance of raising capital.
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