UNDERSTAND | June 30, 2016

Ecosystem update - June edition

Photo Credit:

This update has been provided by Kalilou Dama, representing the International Business Innovation Association.

POLICY

UN WOMEN: the United Nation institution engaged in Mali to support Women ICT Entrepreneurship through a Project launched on mid June in Bamako. AFRICA UNION: in Milan (Italy), 16 to 17 May 2016, the Second Stakeholder Forum of the Africa-EU Energy Partnership (AEEP) presented a call for action from participants to ensure the delivery of sustainable energy for Africa post-COP21. The event focused on the advancement of renewable energy innovation, investment AFRICA UNION: Praia- Cape Verde, June 1-3, hosted a Stakeholder Dialogue workshop for validating  a Strategy and Action plan for African electricity markets at the continental level elaborated through a joint AU-EU initiative. AFRICA- USA: the U.S. Agency for International Development (USAID) and its partners hosted their first Agriculture Innovation Investment Summit from June 1- 2 in Washington, D.C. The Summit connected investors with innovators to accelerate game-changing technologies that can help smallholder farmers improve their productivity and competitiveness AFRICA – USA: some of Africa’s most notable leaders in the private sector gathered with Participants from the 2015 Mandela Washington Fellowship, the flagship program of President Barack Obama’s Young African Leaders Initiative (YALI),  for the Southern Africa Regional Conference at Johannesburg, South Africa from June 9-11, 2016. AFRICA-  GERMANY: May 27th, the Government of the Federal Republic of Germany has pledged another EUR 55 Million in support of African Union (AU) programs and joint strategic initiatives, concluding its bilateral negotiations with the African Union (AU) Commission. The additional contribution mainly supports agricultural technical vocational education and training (TVET) in more than 10 African countries AFRICA: Gaborone, Botswana from 29 May – 10 June, 2016, the Internet Society called for the adoption of policies and frameworks that expand access and create greater demand for the Internet during the 4th annual Africa Internet Summit (AIS). Urging policymakers to grasp the opportunity offered by the expansion and growth of the Internet across the continent, the Internet Society advocate for greater collaboration by all Internet decision-makers in creating an accessible, trusted Internet that benefits all Africans. The African Internet Summit brought together the Information and Communications Technology (ICT) business and technical community . ECOWAS: Abidjan 14- 15 June, Ministers of Commerce gathered to check and for bringing solutions about trad odes in ECOWAS zone. COTE D’IVOIRE : on June 23rd Sidi Tiemoko Toure the Minister of Employment announced 2 millions new jobs creation by 2020


 

INDUSTRY

Western Africa Concern AFRICA: Africa Artisanal Exhibition in Ankara , on late May, on the side line of the World Humanitarian Summit AFRICA: General Electric together with the Mara Group and Atlas Merchant Capital are leading an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector. AFRICA: Standard Chartered Bank is bringing its newest mobile and online banking platform to 1 million clients across 8 African markets, Botswana, Ghana, Kenya, Nigeria, Tanzania, Uganda, Zambia and Zimbabwe AFRICA: Agility launched, on early June its Africa 2016 Photo Competition. The contest seeks to capture fast changing Cities, Industry, Technology AFRICA: the MasterCard Foundation brought funds to Microcred for financing Entrepreneurship in three African countries COTE D IVOIRE: May 25th, inauguration in Abidjan of a Radison Blu Hotel COTE D IVOIRE: the spring edition of Discop Africa television content industry gathering held in Abidjan on June 1st  with a record participation of Francophone Africa professionals COTE D IVOIRE: June 20th, Ivory Coast WAIPA regional Conference GHANA: On 1st June 2016, the British High Commission launched Capital SME, an initiative aimed at growing small and medium enterprises (SMEs) and boosting capital market activity in Ghana. GHANA : Uber started to operate in Accra on early June GHANA: A 20-member trade delegation from Ghana concluded a week-long visit on June 24th  to the Netherlands to explore opportunities for business and cooperation in food & beverage processing and agricultural inputs. GUINEA CONAKRY: on late May, the MEDEF (France investment leader group) visited Guinea for potential Business deals MALI: the 6th national Bankers days held at the exhibition park of Bamako, on early June, highlighted partnership with Universities for jobs creation NIGERIA: May 26th, TMT Finance and IHS Towers have announced the launch of the inaugural TMT Finance Africa in Lagos, Nigeria conference on September 20, 2016 SENEGAL: the Festival kicked off on June 1st after a month of culture Entrepreneurs exhibition

Elsewhere in Africa

CAMEROON: Tax online registration is coming up EGYPT: Techne Summit an international entrepreneurship technology event took Egypt by storm on May 7th to 8th, 2016 EGYPT: The United States Embassy hosted Ziad Haider, the Department of State's Special Representative for Commercial and Business Affairs, from May 31- June 1 to promote the 7th annual Global Entrepreneurship Summit (GES) held on June 22-24 in Silicon Valley, California. ETHIOPIA- UGANDA- KENYA: On late May, the South Korea President visited East Africa Countries for settle Business and investment opportunities GABON: Maroco company CIMAF opened its new Cement factory in Gabon GABON : UGB bank signed on June 23rd a MoU with JA NGO for providing entrepreneurship skills to young people KENYA: 25th May, Uber and Sidian Bank started partenering to launch an innovative Uber Vehicle Solutions Program KENYA: with Japan support, the Ground Breaking Ceremony of “The Project for the Construction of JOYWO Women Economic Empowerment Training Centre” was held in Kapseret Division, Eldoret District, Uasin Gishu County on 31st  May, 2016 KENYA: UNDP jointly with the County Government of Marsabit have launched the 3rd Biashara Business Development model Center in the Country. MAURITIUS: June 1st, Mauritius based MCB Equity Fund has successfully exited Speedy, a leading automotive fast-fit services in France. MAURITIUS - UK: on June 3rd, a Mauritius trade and export guide HTML Detail has been published by the UK Trade & investment SOUTH AFRICA: GE  opens the art Africa Innovation Centre in Johannesburg South Africa. TANZANIA: The first plastic, rubber, petrochemical and building materials exhibition took place in Dar es Salaam from 27-29 May TANZANIA: June 15th, Uber launched its ride-sharing platform to the people of Dar es Salaam TUNISIA: on May 25th, BSIC signed a MoU with BIAT for providing more funding opportunities to Tunisian Entrepreneurs UGANDA: on june 2nd, Uganda joins Uber’s growing African network UGANDA: Lord Dolar Amarshi Popat made, on June 22nd his first visit to Uganda as the newly-appointed UK Trade Envoy to Uganda. ZANZIBAR: on June 23rd , the Revolutionary Government of Zanzibar in partnership with the Korean International Cooperation Agency (KOICA) and the FAO have launched a US$ 3.2 million aquaculture project that will run for three years.


 

AWARDS 

  • YES Inc MALI website host Doodlekit was honored on May 25th by the Kansas City Chamber of Commerce by receiving the first ever International Small Business of the Year Award,
  • Ivan Epstein – President of Sage International has been appointed to the judging panel for the 16th EY World Entrepreneur Of The Year Awards 2016
  • Banque Atlantique has been awarded as this year best Western Africa banker in side line of the AfDB Annuals Meetings in Lusaka
  • London, June 9th - the 5th Private Equity Africa Awards jury awarded Okey Enelamah, leader of the African Capital Alliance

Nick is GEN's director for Africa Initiatives.