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African Diaspora Network Updates
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Register Today for the
African Diaspora Investment Symposium

January 26-27, 2018 | Computer History Museum | Mountain View, CA

Join the new online ADN network and register for ADIS2018.
Dear friends and colleagues,

We are delighted to celebrate a successful launch of the online African Diaspora Network platform with you. Several have signed up for our exclusive membership within just two weeks and we continue to seek new members. The quality of the platform depends upon its membership -- you can help us craft a robust community by joining the network and utilizing this ad-free online communication tool as an opportunity to network, share knowledge, and create your own circle of changemakers within a safe and trusted platform. Find more information on the ADN platform and register here.

ADIS2018 registration is now open on our new website. Symposium planning and curation is underway and we have lined up some amazing featured speakers to respond to our theme this year, "Building Africa's Future -- Magnifying What is Within." By 2050, Africa is expected to have about 2.4 billion people. Is Africa ready? Our two-day conference will highlight the kinds of infrastructure that Africa needs to establish in order to have a thriving community where all have access to education, food, housing, healthcare, and a livable income.

We encourage you to sign up for both the online ADN platform and ADIS2018 to learn more and be a part of this vital conversation and action.

Sincerely,
Almaz Negash
Founder, African Diaspora Network
Convener, African Diaspora Investment Symposium

Insights into Unleashing the Potential of Impact Investing in Africa

The 2018 symposium brings together entrepreneurs, investors, technologists, and community leaders to share knowledge, resources, and to network. On Jan 27, you will have an opportunity to explore the impact investing space in Africa and ways the diaspora can invest in the continent.

According to the United Nations Development Programme (UNDP), the stream of private capital into Africa has steadily increased in the last ten years. From 2002-2006, 63% of total external resources originated from private financial flows, rising to 70% from 2010-2014. Private sources of capital are predicted to play a large role in improving access to basic services in Africa. The report examines Africa's need for impact investment "to spur the growth of inclusive businesses in sub-Saharan Africa."

Read the UNDP report to review the current overall state of impact investing in Africa, key challenges to the sector, and strategies to increase the flow and quality of impact investment on the Continent that are African-led and mobilized.

"Impact investment has the potential to complement public spending and ODA, by crowding-in private sector capital and skills to reduce African economies’ vulnerability toexternal shocks, providing a market-based solution to address socio-economic needs, and allowing ODA inflows and public spending to focus on addressing social needs for which there is no viable market-based solution."
 -
Impact Investment in Africa: Trends, Constraints and Opportunities.
Meet Our Speakers: Impact Investment Highlights
Pardon Makumbe
Managing Partner, CRE Venture Capital
Yasmin Kumi
Founder, Africa Foresight Group (AFG)
Irene Pritzker
Co-Founder & President, IDP Foundation, Inc.
Duncan Goldie-Scot
Chairman, Musoni Kenya Ltd., Entrepreneur & Investor
Insight on Momentum Across the Globe
"The Silicon Valley is awash with diaspora from around the world who came to experience its innovative culture. During 2017 African enterprise superstars have built on last year’s momentum, adding more history-making milestones. For example, MallforAfrica's relationship with eBay already permits US vendors to sell in Africa, but this year it added a curated collection of African goods for US buyers browsing eBay’s platform. Its CEO Chris Folayan is also the Chairman of the board of ADN. Also this year, both Andela and Flutterwave closed on new rounds of funding, of $40M and over $10M, respectively. Andela’s financing was led by CRE Venture Capital, which is the largest round ever led by an African venture capital firm. CRE is slated to speak at the next ADN Investment Symposium."

Marsha Wulff

Managing Member, LoftyInc Afropreneurs Fund, LLC
Read More
African Diaspora Network News 

Celebrating Africa's Young Tech Entrepreneurs

African Diaspora Network continues to engage regionally, nationally, and globally. On November 13, King Baudouin Foundation United States (KBFUS), African Diaspora Network, and Facebook hosted a lunch discussion at Facebook Headquarters with the latest winners of the African Development Prize of the King Baudouin Foundation.
The King Baudouin African Development Prize rewards outstanding contributions to development and celebrates the entrepreneurial spirit. The Prize draws attention to the many inspirational stories emerging from the continent. This year's winners showcase the creativity of young, African entrepreneurs to provide innovative solutions to improve lives in their local communities, through access to knowledge and information in fields as diverse as the law, agriculture and education.

EnergieRich Granted Award from Donor Circle

"ÉnergieRich, a Diaspora-led social enterprise was granted $5000 from The Donor’s Circle for Africa. Special thanks to Almaz Negash and the African Diaspora Network for introducing the work of ÉnergieRich to The Donor’s Circle. ÉnergieRich offers a new model for clean energy delivery, through local small-scale manufacturing of renewable energy powered appropriate technology." - Dena Montague, Co-Founder, ÉnergieRich
EnergieRich is working with students from Stanford Society of Black Scientists and Engineers to develop our first prototype for market -- a solar powered poultry egg incubator. The incubator provides a sustainable way to accelerate poultry production in a region where the vast majority of households are poultry producers. Funding from Donor Circle will be used to train 6 local men and women to re-assemble the incubator for local market. This work is part of our pilot manufacturing program in Koupela, Burkina Faso at the headquarters of partner organization, Burkina Énergie et Technologies Appropriées.
HOW TO JOIN THE NEW ONLINE ADN NETWORK
We are excited to announce the launch of this online networking platform crafted for community-building and knowledge-sharing. The ADN online network is distinct from other networking sites, in that we do not collect membership data for marketing purposes. As a registered member, you will have full access to a unique communication tool developed to enable productive relationships and expedite action.
  1. Go to African Diaspora Network platformEnter your email address and create a password. 
  2. Fill out the demographic and professional questionnaires.
  3. After completion, you will be prompted to REGISTER FOR ADIS 2018 should you decide to attend.
Join by December 31 to receive the first year of membership free.
Partner Event Announcements
DIASPORA GLOBAL Conference and Networking
December 28-31, 2017

31st December 2017, at the Kairaba Hotel. This year's theme is: Role of Diaspora in Nation Building, Political and Economic Inclusion & Investment and Entrepreneurial Challenges and Opportunities in the New Gambia, an Entrepreneur's Perspective. 

All Gambians living abroad and either looking for business opportunities or considering returning home are hereby welcomed to join. For more information, please visit: http://j17n.com/gambia/ and/or email: Albere Correa.
Job Opportunity: Operations Manager for Vision Change WinThe position is virtual and they may work from one of three cities: NYC, Bay Area, or ATL.
 
For more information, please contact Yvonne L. Moore of Moore Philanthropy at yvonne@moorephilanthropy.com

Thank You to Our Sponsors!

Copyright © Copyright © 2017 African Diaspora Network, All rights reserved.

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