Reinventing Capitalism: How Shared Value Creation Can Drive Growth through Social Progress
Shared value has gained traction as a new way for companies to achieve economic success – by positioning social value creation at the center of what they do. Rather than treating societal issues as peripheral, firms can enhance their competitiveness by adopting social value as a core concern. Corporations constitute some of the largest economic entities in the world, and there is massive untapped potential for them to solve problems at scale, often through building a coalition with stakeholders in the public sector. This panel will explore the potential for the shared value approach to drive large-scale societal gains in Africa.
The Voice of Female Entrepreneurs on the Continent
Traditionally, women have held an important role in African society. As Africa enters a new stage of growth, entrepreneurs have been quintessential in shaping the economy. We will explore how women are able to use their unique place in society to not only participate in this entrepreneurial growth, but also share new products, ideas, and innovations in the business world. Already, Africa leads the world in the percentage of female entrepreneurs and it is important that we share the stories of their successes. Women will be integral in helping Africa experience the next stage of growth and highlighting these achievements will help.
Battlefield stories: Harambeans and Investors Revealed
Given the inchoate nature Africa's entrepreneurial ecosystem, the dos and don'ts of capital raising across African markets resides not in textbooks, classrooms or YouTube videos, but in the real world experiences of entrepreneurs raising millions of dollars from angels, VCs and institutional investors. Join our off-the-record fireside chat, as accomplished entrepreneurs in the Harambe Entrepreneur Alliance and their investors reveal the secrets of the trade.
Impact investing in Africa: The next partnership frontier?
Access to finance remains a critical enabler to entrepreneurship-led development, investment, and growth in sub-Saharan Africa. At the same time, investors on the continent bemoan a shortage of investment opportunities that can generate attractive risk-adjusted returns while delivering high-impact and sustainable development. The panel will therefore explore the extent to which Africa requires bespoke impact investing models to be developed between the private and public sectors to unlock private investment to accelerate development and growth. The discussion will draw from the collective breadth of experience from expert panelists in the fields of finance, investment and public policy to offer insights on challenges around traditional financing mechanisms and related emerging opportunities for collaboration between investors, financiers and policymakers.
Closing the gap in start up financing
High-potential early-stage African entrepreneurs struggle to attract investors interested in contributing to the continent’s growth while achieving appropriate returns. This panel will explore factors that are keeping capital away from African entrepreneurs and explore solutions to improve the funding gap that currently exists.
Private Equity in Africa: Struggles and triumphs in powering Africa’s long-term growth
Private equity firms successfully raised a record $4 billion (USD) for Africa in 2015. Where do fund managers see investment opportunities now, especially after the Chinese slowdown and the declines in commodity prices and currencies? What are region-specific struggles and how do they overcome? Leading fund managers will discuss their unique approaches in deal sourcing, portfolio management, and exiting investments in Africa, and give advice to young professionals seeking their career in private equity in the region.
Anatomy of a VC Transaction: Andela's $24mm investment from The Zuckerberg Chan Initiative
In 2016, the Chan Zuckerberg Initiative made it's first investment, a $24mm investment, into Andela, aLagos-based company that trains and deploys software developers. This investment representied a resounding vote of confidence in the Andela team and the broader burgeoning tech scene in Sub Saharan Africa. Join us for a deal anatomy featuring the Andela founders and representatives from the Chan Zuckerberg deal team, as we revisit the eary days of Andela and dissect the investment thesis and process behind the headline-grabbing transaction
A Balancing Act: Profit vs. Social Good in Healthcare Delivery
Traditionally, healthcare - like education - has fallen under the domain of the public or private, non-profit sector. How, then, do for-profit businesses enter into this space and maximally benefit the overall healthcare system while also capturing the necessary value for themselves? In fact, is this sharing of benefits inherently problematic, with any focus on profit detracting from the charitable impetus to save a life? Panelists from the for-profit world will discuss what role the private sector should play in delivering quality, affordable healthcare in resource-constrained communities, and how they strike a balance between doing good and making money.
Is Africa being set up to fail? The global agenda on Universal Health Coverage (UHC)
What will it take to achieve Universal Health Coverage in Africa? In 2012, all 54 African countries signed the UN resolution to achieve UHC by 2030. No African country is close to achieving the target ( >90% of the population having access to skilled birth attendance and insurance coverage). Just like the MDGs, are we taking on more than we can achieve? Is the time right for such an endeavor? One barrier to UHC that Africa faces is health care financing. What partnerships do we need to fund UHC? This session will explore unique opportunities for partnerships and collaborations within health care. #HealthcareForAll#OccupyHealthcare #AfricaInvests#BringBackOurDocs
Innovations for impact in education: improving quality in resource constrained communities
This panel highlights cutting-edge approaches to improving education quality in Sub-Saharan Africa from the perspective of NGOs, private sector actors, investors, and government partners. From privatizing primary schools to re-designing systems of higher education, this panel explores how new models and technology-based solutions can be utilized to transform the delivery of education across the continent.
The art of the deal: drivers of success (and failure) for infrastructure PPPs from all sides of the table
The ideal conditions for a successful PPP are well-defined in the literature: transparency, source of repayment, contract and ability to enforce terms, good intent, and thoughtful project selection. In the real world, we all know that these conditions can never be fulfilled simultaneously. How do stakeholders manage this reality to ensure the success of a PPP? What are the most frequent reasons that PPPs fall through? This session will attempt to understand how the answers to these questions correspond or differ among public, private, and multilateral actors.
Beyond PPPs: New Models for Partnerships to Develop and Finance Infrastructure
With wide recognition that external resources will be required to close the infrastructure finance gap in Africa, Public Private Partnerships have been increasingly looked to as a method to finance large infrastructure projects. Yet these partnerships require huge upfront investments to structure complex relationships and forecast financial and operational feasibility, and have often failed to deliver promised results. Are there other models to mobilize private capital flows for public service delivery more effectively? When should governments, DFIs, and the private sector look into these models? This discussion will explore alternative methods of financing for infrastructure investments, and evaluate when governments should look beyond PPPs as a procurement mechanism to better mobile resources, allocate risk or align incentives.
Africa is currently the least urbanized continent – but at an annual urbanization rate of 3.5%, its cities are growing faster than any other’s. By 2030, half of Africans will live in cities. What infrastructure will these 800 million urban dwellers need, and how much of this will be developed by the private sector? Where are urban needs and commercial interest in conflict, and where do they align? Architects, academics, public actors, and companies will debate how we can build inclusive, commercially viable African cities.
The challenge of leadership in Africa
Does becoming and African leader today imply a necessary amount of self-sacrifice for the sake of a greater good? Is there a higher personal price to taking on leadership roles in our home continent vis-à-vis the West?
Leveraging media platforms to promote African culture from the African perspective
Increasingly, Africans are showcasing to the world how they live, love and laugh. Think hit web-series, “African City”, hit movies “The Wedding”, “Happiness is Four-Letter Word”, “Fifty”, TV series “Bukas & Joints”, Broadway show “Eclipsed”… New media has transformed how this content gets created, published, distributed and consumed by a wider audience. It takes money to tell your own story and Africans are finding the means to shape and tell their own narrative. This panel will examine the role media platforms have in shaping the perception of Africa and Africans and the economics behind this. This panel will also explore the role that the media plays in defining what it means to be “African”, in the age of U.S President Obama (Kenyan heritage) and “Daily Show” host Trevor Noah. The portrayal of Africans in the media either reinforces or reduces biases and stereotypes, all which have an impact - direct or indirect - on how the world responds to the continent and her citizens (from music, movies / TV series to investing in Africa).
The Food Challenge: Capturing Greater Value from Farm to Table
Burundian researcher, Janvier D. Nkurunziza, declared that Africa is in a state of “chronic dependency”, wherein countries are dependent on excessive exports of raw agricultural products, while simultaneously importing the majority of their consumer goods. This session brings together leaders who are confronting this challenge by developing Africa’s downstream agricultural process. We will explore how organizations leverage strategic partnerships to overcome barriers (including infrastructure, capital, labor, technology and energy constraints) and capture value for stakeholders.
Careers / Moving back
When is the 'right' time to go back?
How can we contribute to Africa's development from wherever we happen to be? What is the optimal re-entry strategy? Is there such a thing as perfect timing? Which skills should we develop before the big move? As we think about our careers as Africans in the diaspora or even sometimes as Africans in other African countries, our minds swirl with a multitude of scenarios and questions. Those questions are often shared by our brothers and sisters. Join us on this panel as we tackle them jointly with a group of panelists who collectively have lived many scenarios of the African development story. Our panelists are recruiters, coaches, entrepreneurs and more. They are sons, daughters, parents and friends of Africa and Africans. They care deeply about the same set of questions you are wrestling with. Our invitation is to join forces and enter into a dialogue together.
Africa's Oil & Gas Potential: Boom Or Bust?
Since 2013, six of the top 10 global discoveries in the oil and gas sector were made in Africa, with more than 500 companies currently exploring deposits there. With slowing down of GDP growth rates, especially economies that are heavily extractive, what is the way forward? This panel focuses on oil-dependent economies with lessons coming from Africa's biggest economy, Nigeria. What are the challenges and opportunities in the oil sector and how can economies wean themselves from oil / extractive industries?
Luxury Fashion in the Diaspora
The emerging and established designers of the African diaspora deserve access to the same resources as those given to creatives elsewhere. Why? Because remarkable design aesthetic that can inspire knows no bounds. In many ways, globalization and the democratization of digital tools have improved the playing field for brands promoting an African identity. However, there is still plenty of work to be done to strengthen the industry overall. Times are certainly changing for today's diaspora creative. Join us for a lively discussion on how to build a luxury brand from the ground-up, how to navigate the role of digital, and what the future holds for the fashion industry on the continent.
Serving the African Consumer: creating winning solutions to serve the continent
Africa’s market has significant potential for both local and foreign consumer goods companies. To take advantage of this opportunity requires an understanding of how others failures and successes in In the face of several challenges – political instability, poor data quality / availability, poor infrastructure, linguistic and cultural diversity etc. What lessons have been learned through this process? What innovative approaches in terms of product design, marketing and distribution have been developed to overcome these barriers? What is the outlook for the future?
Creating & delivering capability for brand led organizations in Africa
Africa’s markets have a wide mixture of international, continental and local brands, all competing for share of market and wallet, but increasingly competing for scarce high capability marketing professionals. It is becoming increasingly apparent that leading brands need to play a role in identifying and investing in marketing talent in order to ensure a stronger continental base of capable experts. What are the success stories? How did these organizations drive and deliver on the brand promise whilst growing capability simultaneously? What lessons have been learned through this process? What has been the impact on the business, consumers and the market as a whole?
FinTech evolution – is this innovation now the norm?
The number of success stories in FinTech are on the increase as consumers buy into the ease and cost effective alternative of the new financial services world. New market penetration success stories in Africa in particular speak to the reality that FinTech services are key to the future growth of financial services across the continent. How far are we from, and what are the next evolutions required, to create the first comprehensive, one stop, totally integrated, digital financial services offering? Or will conventional financial institutions respond to the threat and take the lead in this digitisation race?