Africa

Kagame, Tony Elumelu To Grace The Young Entrepreneurship Day

President Paul Kagame and Nigerian Millionaire Tony Elumelu will be headlining the Young Entrepreneurship Day (YED) at the Africa 2017 Forum on December 7.

The forum is designed to connect some of Africa’s most promising entrepreneurs and also give them exposure to investors, incubators and accelerators as well as to partake in workshops that will give them the skills and tools to scale up their businesses.

Africa 2017 Forum is organized by the Ministry of Investment and International Cooperation of Egypt and the COMESA Regional Investment Agency (RIA). It is slated to take place from  7th to 9th December in Sharm El Sheikh.

At the event, most successful start-ups will gain access to a deal room and also a one week tailored course at Stanford.

Both President Kagame and Elumelu have been championing entrepreneurship and will be sharing their perspectives both from government and the private sector as well as engaging in an open platform with some of the upcoming leaders from across Africa

Dr Sahar Nasr, Egypt’s Minister of Investment and International Cooperation, said that creating a pro-business environment for entrepreneurs to thrive is at the centre of her government’s policies.

“Egypt has been at the forefront of making entrepreneurship work. With a bustling population of 90 million, 50% of which are below the age of 30 and tech savvy, Egypt is rightly staking a claim as one of the fastest growing entrepreneurial hubs in the world.”

Other speakers at the YED include Ben White of VC4Africa and Wale Ayeni from IFC Ventures, the venture capital wing of the World Bank’s private sector arm.

The heads of states that have confirmed their presence at the event include Alassane Outtara of Côte d’Ivoire, Azali Assoumani of Comoros whereas Prime Minister Carlos Agostinho do Rosário will represent Mozambique.

Some of Africa’s biggest names from business will also be attending, with the aim to accelerate cross-border investments and partnerships.

The 2017 edition builds on the success of the inaugural Africa 2016, which saw participation of 6 Heads of State and more than 1,000 delegates from 45 countries. This year, the programme has been enhanced with exclusive Presidential Round tables with Africa leaders and CEOs.

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