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

More Info
Specials
Friday
|
10:00 pm
Chinatown Country Club
Afrolituation x World Afrika Party sponsored by Amplify Africa
Sounds by Spinall, SuperSmashBroz, KingCollins and $25 for Conference Attendees All Night
More Info

Afrolituation x World Afrika Party sponsored by Amplify Africa

10PM-2AM
Chinatown Country Club
9a Tyler Street, 3rd Floor
Boston, MA 02111
$25 for conference attendees until 12:30AM

https://www.eventbrite.com/e/afrolituation-x-world-afrika-tickets-579664350677

America/New_York
Mar 24, 2023 10:00 PM
Chinatown Country Club
More Info
Breakout 2
Saturday
|
11:25 am
Aldrich 110
Digital Infrastructure
Accelerating Africa’s Digitization through Targeted Infrastructure
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Digital Infrastructure

Africa is in the midst of a digital revolution: approximately 473 million Africans are online, and an additional 300 million will likely join them by 2025. Average download speeds in Africa doubled between 2015 and 2019, while data costs halved. Underpinning this growth is the installation of digital infrastructure (fiber optics, data centers, and more) serving the continent. In this panel, we will hear from the folks building that infrastructure. We will understand the history, opportunities, and challenges in this sector.

America/New_York
Mar 25, 2023 11:25 AM
Aldrich 110
More Info
Breakout 1
Saturday
|
10:15 am
Aldrich 108
Bridges to the Diaspora
Unleashing the Socio-economic Power of the African Diaspora
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Bridges to the Diaspora

At the center of long-standing debate is whether emigration from Africa has caused the continent more harm than good. According to reports, more than 70,000 skilled people leave the continent annually yet foreign inflows to the continent from Diasporan remittances have grown exponentially in the last decade to reach more than $50 billion each year. Beyond remittances, research has also shown that continuous engagement with the Diaspora can accrue additional benefits to the continent through increased trade, investment and knowledge transfer. Moreover, the Diaspora is also believed to have played a major role in promoting the adoption of African music and shaping the narrative of Africa on the global stage. This panel will discuss how Africa can strengthen its ties with the large Diasporan community around the world and foster deeper connections for mutual benefit. Does every country need a “Beyond the Return" campaign like Ghana or are there other creative levers the continent can pull to better engage its Diasporan community?

America/New_York
Mar 25, 2023 10:15 AM
Aldrich 108