Isaac Mugo’s Post

In his latest article, our Chairman Tony O. Elumelu, C.F.R highlights the urgent need to empower young African entrepreneurs to tackle climate challenges. He emphasises the need for stronger partnerships between governments, philanthropies, and the private sector to support these entrepreneurs and unlock Africa’s green potential. “To unlock the full potential of green solutions in Africa, we must nurture entrepreneurship — and this cannot be achieved by governments alone. We need to integrate government incentive schemes, with the opportunities presented by the private sector. It is imperative that we unite philanthropies, policymakers, and businesses. I refer to this movement as “Africapitalism”— a call for partnership led by the private sector, focused on fostering prosperity for all.” – Tony O. Elumelu, C.F.R At Transcorp, we believe that sustainable economic development must be driven by African-led initiatives that not only generate wealth but also uplift communities. When we empower entrepreneurs and drive innovation, we can achieve inclusive and impactful progress. Read the full article here: https://lnkd.in/dKidfUjA #Africapitalism #Entrepreneurship #TranscorpTransforms

Where is The Money? Come, let’s ask this and other questions, hear the answers and be part of the solution. #africa = Opportunity. #impactinvesting  #entrepreneurship

One of the main takeaways was my adoption of Tony O. Elumelu, C.F.R's Africapitalist philosophy, when I participated in the inaugural class of The Tony Elumelu Foundation entrepreneurship program, not just the non-returnable $5k seed capital/grant. I had an existential crisis around age 25 at the time, and wrote my first book, "Life Ahead: on finding meaning, discovering purpose, chance and randomness", I found "Happiness. Abundance. Enriched Life. I felt I could give, and not wait to amass a fortune. Giving back with skills. With little on Kiva." As influenced by George Soros, in his creation of the Open Society Foundations, I envision a group of us, investing for the greater good - creating shared value, jobs for Africans and an African middle class. Thus I'm introducing the concept of an #AfricapitalistSociety creating wealth through investment. At the Osonwanne Group, we invest in equity for growth, in the form of permanent capital to enable founders and entrepreneurs scale their business, and increase revenues at full operating capacity, thereby creating jobs. We are driven by the Africapitalist philosophy, mobilizing capital for the production economy in all parts of Nigeria to start, and Africa in the long-run. Start a conversation with our society here: https://lnkd.in/g3SsBEuy

Investing in Africa’s Future: Uncap's $33 Million Fund for SMEs As someone with a deep passion for supporting African entrepreneurs, I’m excited to highlight Uncap’s groundbreaking $33 million fund. This innovative, non-dilutive, revenue-based financing model is designed to empower early-stage businesses across the continent without requiring them to give up equity—something I truly believe is critical for sustainable growth. Co-led by Esther Ndeti and Franziska Reh, and backed by global partners like the Bill & Melinda Gates Foundation, this fund is set to fuel the future of Africa’s SMEs, which account for 90% of businesses. From agriculture to media, Uncap’s approach will enable entrepreneurs to thrive and retain control over their companies—a vital step in driving real change. I'm inspired by initiatives like this that create opportunities for the next generation of African business leaders to flourish. Are you as excited about these opportunities for our wonderful continent and young entrepreneurs as I am? #AfricanEntrepreneurs #SMEInvestment #BusinessGrowth #InnovationInAfrica #LeadershipInAction

How do businesses create resilience in war-torn regions? 🌍 In Ukraine and Lebanon, innovative impact-driven models are empowering entrepreneurs to rebuild amidst extreme adversity. From microbusinesses led by displaced women to social enterprises addressing urgent community needs, these ventures are creating resilient economies where traditional systems have failed. This article highlights insights from 🕊️✌️Ewa Konczal of Impact Europe and Olena Kalibaba of the Ukrainian Social Venture Fund, showcasing how strategic partnerships, blended financing, and mentorship are enabling systemic recovery and resilience. 🔗 Read the full article by David Stead here: https://lnkd.in/gGQKJJyb What role can impact investing play in driving recovery in fragile states? Share your thoughts! . . . . #ImpactEntrepreneur #ImpactEconomy #SocialEntrepreneurship #Ukraine #WarRecovery #Resilience #ImpactInvesting #EconomicDevelopment #SocialImpact #WomenEntrepreneurs #InnovationForGood #CommunityRebuilding #InclusiveEconomy #BlendedFinance #GlobalDevelopment #Entrepreneurship

Let's talk about the impact of PEACE and stability for entrepreneurs. As entrepreneurs, we often overlook the vital role that a country's peace, security, and transparency play in the stability and success of our businesses. The reality is many entrepreneurs, all over the globe, hesitate to launch their ventures simply because they are uncertain about their country's future. We all know the challenges our fellow entrepreneurs face, both on our continent and globally, in starting and sustaining their businesses. Starting my business in Rwanda has shown me just how crucial a supportive environment is. Over the past 30 years, His Excellency Paul Kagame has made remarkable strides in addressing gender issues, boosting security, attracting investors, and opening up new markets. These changes have been especially significant for me as a woman entrepreneur. Rwanda’s transformation from a nation in ruins to one of Africa's fastest-growing economies in THREE DECADES is a testament to leadership that truly prioritizes its people. With the upcoming elections, I’m confident about casting my vote. Voting for a leader who values peace, growth, and stability means choosing a future where our businesses can continue to thrive and new opportunities can emerge. I’m proud to cast my vote, knowing that our country’s future is bright. Let’s vote for leadership that supports innovation, growth, and stability. Who is excited about voting this year? #Leadership #Entrepreneurship #AfricaRising #Rwanda #PK2024

Highlights of Harry 'Tomi Davies' keynote address on "The African Early-Stage Investment Opportunity" on Day 2 of the Global Entrepreneurship Congress+ Africa (GEC+ Africa) in Cape Town, South Africa. "This year, ABAN embarks on a thematic journey, under the banner "Consolidating Angel Investing Across Africa and the Diaspora." This theme is not merely a statement of intent but a clarion call for #unity, #collaboration, and strategic cross-border #investments that transcend geographical and economic boundaries. Our aim is clear – to weave a network of #angelinvestors that spans across Africa and its diaspora, creating a robust, inclusive, and sustainable ecosystem for #startups to thrive." Harry 'Tomi Davies - President, ABAN Small Enterprise Development Agency_gov 22 ON SLOANE UVU Africa Global Entrepreneurship Network

How does ADN accomplish its mission and vision? We advance diaspora engagement through Knowledge Exchange and Human Capital Development, Public-Private Partnerships, Entrepreneurship and Social Impact, and Beyond Remittances. Learn more about our strategy at https://lnkd.in/ddU8V4Y. Consider giving to ADN this Giving Tuesday to help us continue to do this work! https://lnkd.in/guW6tT-Y #africa #diaspora #africandiaspora #investing

With a population of 78% below the age of 35, Uganda’s youth embodies significant economic potential. However, young entrepreneurs face many challenges, like limited access to finance, markets and knowledge. To address these issues, Cordaid East & Southern Africa's Futuremakers Youth Agribusiness Project, funded by Standard Chartered, was launched to support 700 entrepreneurs. The project empowers young people to overcome obstacles and succeed in their businesses by providing business development services, mentorship, linkages to new markets, grants, digital literacy training and access to finance. 📽 In this documentary, the participants talk about the programme’s impact. 🔗 Also read this article: https://lnkd.in/ee_xvErg #Uganda #Entrepreneurship #Youth #AccessToFinance #AgriBusiness #FoodSystems

We participated in the Africa Forward: Social Impact, Sustainable Funds session at the #CatalysingChangeWeek2024 with fellow impact investors, entrepreneurs, and changemakers to discuss the need for more innovative funding solutions in Africa. Three critical points stood out to us: 1. Shifting away from stereotypical terminologies that portray social entrepreneurship and social investing as not profit-driven. 2. More patient capital should be considered for social enterprises as they often navigate new solutions and are prone to mistakes on their journey toward profitability. 3. We must explore avenues to improve our local giving and philanthropic efforts. At EIV, we are committed to utilising innovative techniques to support women entrepreneurs. We are eager to hear your thoughts on these points in the comment section. Thank you Lehlé B. Tosin Faniro-Dada, CPA Vivianne Infante Pearl Uzokwe Mosun Layode, Catalyst 2030 👏🏾👏🏾 Watch the session here: https://buff.ly/3URIwrg #EIVSupport #InnovativeFinancing #WomenEmpowerment #ImpactInvestment