Browsing: promoting Africa’s development.

The-AIS-2024
  • The AIS 2024 will build on the £6.5 billion deals and £8.9 billion investment commitments achieved at the previous summit held in 2020.
  • Around two billion people under 25 will live in Africa by 2050.
  • 22% of Africa’s working-age population is starting businesses representing the highest entrepreneurship rate in the world.

The UK Prime Minister announced that London will host the African Investment Summit on 23rd-24th April 2024. This initiative aims to benefit Africa and the UK economies by tapping into Africa’s innovative and entrepreneurial minds.
The AIS is a prominent event hosting 24 Heads of State from African countries with British and African Business leaders.

The UK-African Investment summit in 2024

Africa has made significant economic and technological growth strides in the last decade. Today, Africa is renowned as an adequate investment opportunity for those seeking to make billions. The continent hosts seven startups that have attained the stats …

AfDB
  • African Hidden Champions (AHC) is an initiative that seeks to showcase exceptional growth stories of unique African startups.
  • The AHC initiative has led to several breakthroughs for various African startups.
  • AfDB and AHC partnership is a stepping stone that would provide financial inclusion and regional industrialization.

AfDB has announced a new partnership with the African Hidden Champions to promote and empower local startups.

African Hidden Champions (AHC) is an initiative that seeks to showcase exceptional growth stories of unique African startups. Essentially AHC seeks potentially revolutionary companies that are building Africa’s startups to scale on a global scale.

Africa Foresight Group and German Investment Cooperation co-founded this initiative to shed light on Africa’s potential as a continent. They created AHC for the primary purpose of helping firms on their growth journey by telling their stories, exposing them to new markets and providing funding and technical assistance if need be.

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