Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017 officially open to all African-based entrepreneurs - African Business Magazine
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Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017 officially open to all African-based entrepreneurs

Africa Finance & Investment Forum (AFIF) Entrepreneurship Award 2017 officially open to all African-based entrepreneurs

AFIF 2017’s focus is to promote access to finance and strengthen entrepreneurship in Africa. To achieve this, EMRC (www.EMRC.be) is launching the annual “AFIF Entrepreneurship Award” (http://APO.af/YUVthk), calling all African-based entrepreneurs to participate in this renowned award, which will be followed by international partners, leading African businesses and international media.

This year’s award, as previous years, will be sponsored by Rabobank Foundation and the winner, an existing African small-medium business, will receive a US$10.000,00 cash prize, yearlong media promotion support in and out of Africa, free participation in the AFIF 2017, including the pre-conference Training.

The AFIF Entrepreneurship AWARD aims to spotlight leading innovation private sector projects happening today in Africa. This is the moment when entrepreneurs can showcase their remarkable achievements, where partners and participants get to know about outstanding projects which are pushing boundaries in their community and country and where other entrepreneurs can be inspired and receive much-needed know-how,” says Inês Bastos, Senior Project Manager at EMRC and head of AFIF 2017. Applications (http://APO.af/YUVthk) must be sent to EMRC (sa@EMRC.be) by December 19th, 2016.

In parallel with past winners, the current holder of the Award, Lazaro Mwakipesile, head of Raphael Group (Tanzania), has seen a vast change since participating in the competition. “I am now internationally known. Since AFIF 2015, I have travelled abroad four times for presentation and defending of proposals. Furthermore, I expect to travel to USA this December 2016 for a meeting at Bill and Melinda Gates Foundation,” he explains.  

Simply participating in the Award can have important repercussions. Wachira Kariuki, CEO of Classic Foods, who was named runner up in 2015, has also experienced positive change since attending and presenting his business to the international audience. “During AFIF 2015, I met the team from Rabobank who have since provided funding to Classic Foods. Rabo Rural Fund gave Classic Foods a US$1 Million as part of matching grant for soya bean project in Kenya and Uganda that have partnered with UKAID (DFID) as well as matching grant for a new camel milk factory we are constructing in Northern Kenya which is arid area. We couldn’t have asked for more, and this is all thanks to having gone to AFIF 2015 and participated in the Entrepreneurship Award,” he adds.

An unforgettable moment which receives considerable international press coverage, the Award has been won by a unique group of African entrepreneurs (http://APO.af/vm7HzT) which include: Magloire N’Dakon (2014) awarded the prize for his innovative project, Extended Finance, in Ivory Coast; Marie-Claire Matamba (2013) head of Agrimat Gabon; Anastácio Roque representing CESACOPA (2012) from Angola, Suzanne Belemtougri (2011) head of Sophavet and hailing from Burkina Faso as well as Derek Kwesiga (2009) head of Derekorp from Uganda.

This year’s Africa Finance & Investment Forum (AFIF) (http://APO.af/y28Bux) will focus on “Entrepreneurship and Innovation for Growth” and will be held for the first time in the vibrant city of Nairobi, Kenya, hosted by the Strathmore University, taking place from 15th – 16th February 2017.

AFIF 2017 will gather over 300 delegates from all over Africa, Europe, America and Middle East. EMRC will organise a pre-conference training on “A Road-map for Entrepreneurship Growth” (13th -14th February 2017). The training is addressed exclusively to AFIF 2017 participants and will be divided in two linguistic groups (English and French).

As Wachira Kariuki concludes, “My advice to participants especially the entrepreneurs is to make use of the opportunity to make the right contacts and learn from participants. The training session for the entrepreneurs is critical for fund raising. Sharing ideas and experiences with other business people is key to success.

Full interview of Lazaro Mwakipesile: http://APO.af/j4DYUs.

Full interview of Wachira Kariuki: http://APO.af/SN57XP.

To have an overview of what happened at AFIF 2015 and listen to the Entrepreneurship Award nominees and winner, watch the video. 

Distributed by APO on behalf of EMRC.

For further information concerning speaking opportunities and sponsorship, please contact:
Ines Bastos (Sr Project Manager) 
Email: ib@EMRC.be  
Tel: +32. 26 26 15 15

Social Media:
Follow us on Twitter (https://Twitter.com/#!/_EMRC_), Facebook (www.Facebook.com/EMRC.International), LinkedIn (www.LinkedIn.com/company/EMRC), YouTube (http://APO.af/cDCWxz) and Flickr (Flickr.com/photos/_EMRC_). 

About EMRC:
Established in 1992 in Brussels, EMRC (www.EMRC.be) is a non-governmental organisation composed of a network of entrepreneurs, financiers, consultants and officials based throughout the world. EMRC’s mission is to lead the private sector in Africa to sustainable economic development and to drive regional change via partnerships. 

About the Entrepreneurship Award:
EMRC launched the first Awards (www.EMRC.be/highlight/awards) in 2008 at the FAO Rome, with the objective of encouraging innovation and entrepreneurship in Africa amongst forum participants. The EMRC Awards (Project Incubator Award and AFIF Entrepreneurship Award) are presented at EMRC two main business forums: Agribusiness & the Africa Finance & Investment Forum. A call is sent out for entrepreneurs to put forward their project proposals. Finalists present their business projects during the forum’s plenary session and the winning project is announced at the gala/ networking event. 

About AFIF:
The Africa Finance & Investment Forum (AFIF) (http://APO.af/Kist8c) is an annual business event organized in the framework of EMRC International’s activities, aimed at strengthening the private sector in Africa, encouraging entrepreneurship and attracting investment to the African continent. AFIF has a double objective: to strengthen the financial capacities of Africa’s private sector and to promote the creation of new partnerships through the encouragement of joint projects and trade relations North-South & South-South.

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