Breakout 2
|
Saturday
|
11:25 am
Aldrich 108
Finance

Growing Africa's SME sector through enterpreneurship through acquisition (ETA)

Although Entrepreneurship through Acquisition (ETA)— where entrepreneurs search for and acquire stable, cash-flow positive businesses to grow them over time—is growing in popularity across North America, few “search funds” have been established in Africa. Indeed, there has been limited data to support the case for investing in African search funds and the benefits of this novel asset class. 

Still, ETA remains uniquely positioned to unlock value, attract talent, and accelerate the growth and development of SMEs—particularly family businesses—across the continent. This panel will focus on three key questions: 

(1) Is Africa ripe for the growth of search funds? 

(2) How can the traditional search fund model be adapted to work in/for the African context? 

(3) What other models can we leverage to see more African ETAs? 

(4) Share some success stories and what we can learn from them.

Growing Africa's SME sector through enterpreneurship through acquisition (ETA)

Although Entrepreneurship through Acquisition (ETA)— where entrepreneurs search for and acquire stable, cash-flow positive businesses to grow them over time—is growing in popularity across North America, few “search funds” have been established in Africa. Indeed, there has been limited data to support the case for investing in African search funds and the benefits of this novel asset class. 

Still, ETA remains uniquely positioned to unlock value, attract talent, and accelerate the growth and development of SMEs—particularly family businesses—across the continent. This panel will focus on three key questions: 

(1) Is Africa ripe for the growth of search funds? 

(2) How can the traditional search fund model be adapted to work in/for the African context? 

(3) What other models can we leverage to see more African ETAs? 

(4) Share some success stories and what we can learn from them.

America/New_York
Feb 17, 2024 11:25 AM
Aldrich 108

Other Sessions

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Breakout 3
Saturday
|
3:45 pm
Aldrich 111
Leveraging the Diaspora: Mobilizing African Cultural Movements on the Global Stage
Exploring the intricate dynamics and economic considerations involved in bringing large African cultural movements to the global stage
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Leveraging the Diaspora: Mobilizing African Cultural Movements on the Global Stage

The panel will explore the intricate dynamics and economic considerations involved in bringing large African cultural movements to the global stage. The panelists will shed light on the impacts of these movements, including notable events like AfroNation, Afrofuture, AfriconLA, Afropunk, Afrotech, and more, with a particular focus on their influence on diaspora relations. We will delve into the impact on remittances, travel and tourism, investment, and cross-cultural exchange, and seek to understand how these movements are reshaping connections between the African diaspora and the continent. Additionally, we will discuss strategies to harness the momentum generated by these cultural phenomena for the purpose of fostering long-term engagement and investment in Africa. The panel will provide valuable insights into the intricate economic and cultural web woven by these movements and their potential to shape the future of diaspora relations with Africa.

America/New_York
Feb 17, 2024 3:45 PM
Aldrich 111
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Breakout 2
Saturday
|
11:25 am
Aldrich 109
Scaling African Startups: From 0 to 100 and Beyond
How can African startups access capital, talent, and mentorship to fuel sustainable growth
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Scaling African Startups: From 0 to 100 and Beyond

In the past decade, the African continent has experienced a remarkable surge in startup activity, as many enterprising individuals have set their sights on solving local challenges through innovative solutions. However, this momentum has been met with a challenging year, where several startups have been forced to either shut down or significantly downsize to weather the current storm. This panel will focus on how African startups can scale from 0 to 1 and from 1 to 100 and how they can access capital, talent, and mentorship to fuel sustainable growth.

America/New_York
Feb 17, 2024 11:25 AM
Aldrich 109
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Lunches
Saturday
|
12:25 pm
Batten Hives 304
Thematic Lunch: Travel & Tourism
Themed Networking Lunch
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Thematic Lunch: Travel & Tourism

Connect with folks that are interested in travel and tourism in Africa over lunch.

America/New_York
Feb 17, 2024 12:25 PM
Batten Hives 304