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 3
Saturday
|
3:45 pm
Aldrich 109
Democratizing Energy Access
Accelerating Meaningful and Sustainable Energy Access across the Continent
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Democratizing Energy Access

There are currently 800 million people without access to energy in the world, 80% of them are in Africa. This lack of energy stifles economic growth and development. There are several reasons why access to energy remains a challenge across Africa – insufficient generation capacity, poor transmission and distribution infrastructure, lack of affordability and inadequate regulation. This panel seeks to discuss how the public and private sector can work together to solve Africa’s energy crisis.

America/New_York
Mar 25, 2023 3:45 PM
Aldrich 109
More Info
Lunches
Saturday
|
12:45 pm
Batten Hives
Making Money Moves
Career Design Workshop
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Making Money Moves

What do you want to be "where" you grow up? If you’re looking to intentionally design your next professional move, this workshop is for you! Come apply design thinking principles to craft your next move. This interactive workshop centered on you is the sign you were looking for. Join us for a lunch and learn where you’ll walk away with actionable next steps.

America/New_York
Mar 25, 2023 12:45 PM
Batten Hives
More Info
Breakout 3
Saturday
|
3:45 pm
Aldrich 110
Intra-Africa Trade
Realizing the Promise of the Largest Free Trade Market in Africa
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Intra-Africa Trade

The conversation on intra-Africa trade has been dominated by the recently implemented game-changing African Continental Free Trade Agreement (AfCFTA) and its potential to position the region as the fastest growing in the world. This discussion will broaden the conversation and unpack the AfCFTA for what it is – a legal instrument to enhance intra-Africa trade – and what we can realistically expect from the agreement, in the context of existing regional economic networks and other trade instruments already in effect. The discussion will seek to address questions such as how Africa can unlock potential by building more viable regional value chains, how countries can overcome infrastructural differences impeding trade, and how payment innovation must align to facilitate cross-border exchange. Underpinning these reforms is the critical role of financing to not only bridge the infrastructure and investment gaps, but also offset the revenues generated by existing trade barriers. Lastly, the role of the private sector cannot be understated. The discussion will highlight the dual role the private sector has to play, both as traders and agents of innovation.

America/New_York
Mar 25, 2023 3:45 PM
Aldrich 110