Investments in Africa
These are certainly challenging times. And in these challenging times, in Africa, the private sector is doing interesting things.
The nine stories in this second edition of IFC Insights Africa, published for the 2023 Africa CEO Forum in Abidjan, Côte d’Ivoire, showcase the innovative ways African businesses—both large and small—are addressing some of the continent’s most pressing challenges, and improving lives and creating jobs while doing it.
We share stories about a mobile money boom in Madagascar; Africa’s growing capacity for vaccine production; the rise of start-ups in the Sahel; and Kenyan Mary .Wanja Thuo , a successful small business owner who is determined to support other women entrepreneurs.
These stories highlight not only the strong progress being made across multiple sectors and countries, but also the ripe opportunities in Africa that are open to investors and others alike.
At difficult times like these, when the shockwaves of multiple crises are shaking economies worldwide, the private sector is proving its resilience and resourcefulness, delivering the goods and services we all rely on.
In Africa, a dynamic private sector is helping provide infrastructure, health services, digital solutions, and foodstuffs.
With the right support, Africa’s champions can do even more.
IFC Vice President for Africa
The Sahel, breeding ground for a wealth of start-ups, is seeing a flood of incubators and accelerators ready to support innovative businesses. Read more I Lire l’article en français
Mobile money is revolutionizing financial services in Africa and increasing financial inclusion for one of the world’s poorest countries. Read more I Lire l’article en français
Women from emerging markets share how online learning is helping build new skills and open up opportunities for growth. Read more I Lire l’article en français I أقرأ بالعربية
An IFC study outlines the potential for private investment in adaptation to floods and drought in Africa. Read more I Lire l’article en français I Leia o artigo em português
Across the continent, the private sector is rising to the pressing challenges posed by the global climate crisis. Read more I Lire l’article en français
New initiatives aim to mitigate the effects of climate change in Nigeria's megacity. Read more I Lire l’article en français
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Dr. Morena Makhoana , CEO of Biovac in South Africa, talks about the industry’s growth, access to funding, and sustainability. Read more I Lire l’article en français
An IFC study finds that institutional reform on the continent can attract more private investment in infrastructure. Read more I Lire l’article en français
Mary .Wanja Thuo , founder and CEO of CityScape Trends Services Limited , talks about her entrepreneurial journey. Read more I Lire l’article en français
Africa CEO Forum (ACF) is an annual international conference dedicated to the private sector in Africa. Co-hosted by IFC and Jeune Afrique , the conference will attract about 1,800 participants including the continent’s top CEOs, international investors, experts, policy makers, and media. The 2023 event theme is Navigating the Crises – From 300 to 3000: How to Deliver the Next Generation of African Champions. The event will offer concrete and innovative solutions to boost the number of African companies with billion-dollar turnovers despite a backdrop of polycrisis and global uncertainty. The event program can be found here.
IFC INSIGHTS AFRICA EDITORIAL TEAM
Chance Barnett , Brian Beary , Lee-Roy Chetty , Moussoukoro Diop , Jason Hopps , Abdoul Maïga , Devon Maylie , Kristina Nwazota , Bukola Ogunyemi , Isabelle Poupaert , Nataliya Radchenko , Daisy Serem , Gavin Thorpe , Vinit Tyagi , and Chris Vellacott .
Thank you for reading IFC Insights. Share your feedback in the comments or email ifc_insights@ifc.org.
For jobs, visit www.ifc.org/careers
Investment Officer at AfricInvest Group
7moLovely to read stories highlighting the strong progress being made across multiple sectors and countries, but also the ripe opportunities in Africa.
Social Media Mngr. | Data Analyst 📈 BIG DATA (Data Viz. / E.T.L) 📊 D.P.O. (CNIL) | A.i. | GenA.i 💻 | Coach | Content 🖋️ | 🔒 BLOCKCHAIN-WEB3.0. 💸 | SEO + SMO: Google Analytics cert. | Tableau | EXCEL l #DEFi 🚀|
1y#interresting ! 😎
Founder and CEO at 4iAfrica - Insight | Innovation | Implementation | Impact. Leading the World's Largest and Most Sustainable Nature Based Climate Action Solution and other Innovative Products and Projects
1yIFC - Thank you for the invitation.. we are delighted to be a part of the Future. 4iAfrica and its partners are in the midst of connecting hundreds of schools to the internet via satellite here in Africa and part of my role is to provide educators the transition to online/digital learning while digitising the current curriculum and developing a new more inclusive curriculum which embraces critical thinking, aquaponics, enviromental awareness, sustainability. digital based careers and more. We are also leading one of the largest and most sustainable Nature Based Climate Action Solutions in the World which has the proven capability of removing gigatons of CO2 and addressing key issues of food and water insecurity, health, soil/land degradation, poverty and unemployment ... all at the same time! As both the growers and processors of millions of high carbon sequestring plants species into hundreds of enviro friendly products, we sustain ourselves by the selling and distribution of these products and expect to create more than 25+ million jobs in the AgriBusiness and AgriTech sectors which will secure the future of food in Africa and beyond. We welcome partnerships and meaningful collaboration towards this transition. Thank you.
Executive Vice President at AMI Business & Trade Promotion, Inc. [dbs AMI Consultants]
1yMany reports on Sub-Saharan Africa countries focus on the negative economic trends, endemic corruption, social conflicts and scammers on the rampage. This report by IFC indicates examples of positive activities that are taking place in the region, albeit at micro levels, but are often overlook.
Chauffeur automobile chez International Alert
1ySecteur Automobile Xavier.Vous remercie d'avoir accepté ça demande de participation a cette idée d'investissement en Afrique au nous sommes en RDC