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 1
Saturday
|
10:15 am
Aldrich 109
Startup Negotiations
Achieving Superior Deal Terms for Startups in Africa – From Incorporation to Acquisition
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Startup Negotiations

This panel discussion will focus on negotiations for startups in the African business landscape. The panel will include a venture capitalist investor, a lawyer with expertise in startup law, and the founder of a successful startup. The discussion will explore best practices for negotiating with investors, partners, and suppliers in order to achieve favorable outcomes for startups. The panelists will also share their experiences and insights on navigating the unique challenges and opportunities presented by the African business environment.

America/New_York
Mar 25, 2023 10:15 AM
Aldrich 109
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Breakout 2
Saturday
|
11:15 am
Spangler Auditorium
Venture Capital and Studios
Launching and Investing in Early-Stage Ventures - Beyond the Hype and Back to the Basics
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Venture Capital and Studios

$8 billion dollars later, what have we learned in the past decade about the enduring lessons of investing in and building successful early stage companies in Africa? Africa has seen a complete market cycle of boom and bust in the VC ecosystem, its first few exits and IPO, and a flurry of founders and media coverage. This panel features insights from serial founders, early stage VCs and leading accelerators. Expect to hear riveting insights on key questions including - What early stage investors have gotten right and wrong in choosing winners? How founders are getting wiser on choosing investors and achieving PMF? How the ecosystem will evolve as it unlocks new types of capital like venture debt and new models like studios?

America/New_York
Mar 25, 2023 11:15 AM
Spangler Auditorium
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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