Breakout 3
Saturday
|
3:45 pm
Aldrich 108

Entrepreneurship through Acquisition

Although Entrepreneurship through Acquisition (ETA)— where entrepreneurs search for and acquire small, stable, cash-flow positive businesses with the intention to grow them over time—is becoming more popular, 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, find new talent, and accelerate the growth and development of SMEs—particularly family businesses—across the continent. This panel will focus on three key questions: (1) What makes Africa ripe for the growth of search funds? (2) How can the North American search fund model function on the continent? (3) What are the dynamics of operating and growing businesses under this model?

Entrepreneurship through Acquisition

Although Entrepreneurship through Acquisition (ETA)— where entrepreneurs search for and acquire small, stable, cash-flow positive businesses with the intention to grow them over time—is becoming more popular, 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, find new talent, and accelerate the growth and development of SMEs—particularly family businesses—across the continent. This panel will focus on three key questions: (1) What makes Africa ripe for the growth of search funds? (2) How can the North American search fund model function on the continent? (3) What are the dynamics of operating and growing businesses under this model?

America/New_York
Mar 25, 2023 3:45 PM
Aldrich 108

Other Sessions

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Breakout 2
Saturday
|
11:25 am
Aldrich 108
Reimagining Agriculture
Feeding the Continent through Improved Agribusiness Models
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Reimagining Agriculture

African agriculture is at once an immense challenge and opportunity. With proper investments, we could increase production by hundreds of billions of dollars annually, with equal potential in processing and retail. The continent closed 150 agtech funding deals for $482.3M in 2021, but much more is needed. Come join Africa’s foremost agri investors, agtech entrepreneurs, and downstream and upstream operators as they outline how to realize the sector’s potential via better business models, talent and investment.

America/New_York
Mar 25, 2023 11:25 AM
Aldrich 108
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Breakout 1
Saturday
|
10:15 am
Aldrich 111
Talent Development
Reimagining the Development of Africa’s Workforce
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Talent Development

There is a lack of focused discourse highlighting innovation in exceptional talent identification and development in Africa. There is an urgent need to harness/unlock the potential of Africa’s demographic dividend by way of its youthful population. This panel will seek to learn from a diverse set of entrepreneurs at the forefront of reimagining how we educate the world’s youngest population. We will explore how for- and non-profit models face incredible opportunities and challenges as they scale across borders on the continent.

America/New_York
Mar 25, 2023 10:15 AM
Aldrich 111
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Breakout 1
Saturday
|
10:15 am
Klarman Hall
Private Equity
Pitfalls and Pathways for Private Investments in Africa
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Private Equity

Is the traditional private equity model compatible with Africa? In this candid fireside chat with Yemi Lalude, the Managing Partner of TPG's Africa team, we will have a frank discussion about not only the challanges investors in African private markets face, but also the collosal opportunities these markets present them. We will hear about how private capital deployed in Africa generates positive impact unlike anywhere else in the world and how Africa's growing technology sector presents private equity investors with an opportunity to invest in companies growing at rates very rarely seen elsewhere.

America/New_York
Mar 25, 2023 10:15 AM
Klarman Hall