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Venture Capital Funding Earned in the Continent of Africa

Dear Colleagues and Friends,
 

Did you know that in 2017, Silicon Valley, a small community of 46.89 square miles and three million people, far surpassed the venture capital funding earned on the continent of Africa? This statistic, report in the Silicon Valley Financial Times, reveals how the continent is far behind in securing venture capital for startups. But with the rise of emerging African business, there is an opportunity for the diaspora to engage the Silicon Valley venture capitalists to the work of Africans.  At ADN, we are trying to capture that possibility.

The 2019 African Diaspora Investment Symposium offers a platform to learn about the state of Africa and ways of connecting and engaging entrepreneurs, investors, and innovators.  You will experience the potential of Africa when you meet the 2019 Builders of Africa’s Future Awardees.  These young entrepreneurs represent the best of Africa.   

Join ADIS2019 and be a part of the conversation as our expert speakers inform, engage, and inspire participants to be agents of change and active contributors to Africa's development. We look forward to seeing you in Silicon Valley, the innovation and entrepreneurial capital of the world.

As always,
Thank you,

Almaz Negash
Founder & Executive Director, African Diaspora Network
Executive in Residence, School of Global Innovation & Leadership, SJSU
Member of the United Nations Economic Council for Africa – HLPM
Register Today for African Diaspora Investment Symposium 2019!
"At more than $84bn, the amount of venture money ploughed into tech start-ups this year (in Silicon Valley) had surpassed 2017’s total by the end of September, according to Pitchbook and the National Venture Capital Association." - Richard Waters, Silicon Valley Financial Times

ADIS2019 Session Highlight: Venture Capital

Silicon Valley Venture Capital and Africa — Connecting and Engaging the VC Community to Africa
Not all SMEs are alike — among them, venture capital in Africa holds the highest potential of generating robust growth in revenue and jobs on the continent. According to Partech Ventures, the VC funding raised by African startups reached $367 million in 2016, with 33% yearly growth. This session addresses the ecosystem’s knowledge gap around VCs in Africa and case examples of opportunities. Taking an opportunities-over-obstacles approach, hear from leading experts on their investment decision-making, venture-building strategies, and results that led them to take the VC path in Africa.
Abbey Omokhodion, Intel Corporation

Abbey Omokhodion runs a multi-billion dollar portfolio of P&Ls within the Internet of Things division at Intel, partnering with operations leaders to drive strategy, grow the business profitably, scale solutions, and activate new markets. Prior to joining Intel, Abbey spent a decade at the General Electric Company’s Transportation and Lighting divisions in different finance roles including FP&A, Service finance, and Commercial finance roles. Her last role was CFO and Commercial Finance Leader for the Strategic accounts group at Current Powered by GE. In this role, she provided finance leadership to solve key outcomes for strategic customers.

Scott Wu, Omidyar Network

Scott Wu is a partner at Omidyar Network and leads the firm’s investment, finance, and legal operations.  In this role, he drives the evaluation, selection, and closing of all investments and management of the firm’s overall investment portfolio. Scott comes to Omidyar Network with a deep dedication to innovation – investing in, working with, and launching young companies and organizations to disrupt their respective sectors.  He most recently served as a White House Presidential Innovation Fellow and senior advisor and entrepreneur-in-residence to the innovation funds of USAID. Scott was also a founding team member of Upstart.com.

Cheryle Robinson Jackson, AAR Africa for AAR

Cheryle Robinson Jackson is Senior Vice President of Global Business Development and President of AAR Africa for AAR, a global aviation services company. Jackson served as AAR's Vice President of Government Affairs and Corporate Development after joining the company in 2010 and added business development to her responsibilities and succeeded in growing AAR's business in Africa. As Senior Vice President of Global Development, Jackson identifies new business opportunities and strategic industry and business partners in emerging, existing and underperforming markets, and cultivates strong relationships to bridge the cultural gap and align industry goals with local economic revitalization objectives.
Cyril Ebersweiler, SOSV; HAX

Cyril is a General Partner at SOSV and the founder/MD of HAX. He is a board member/advisor to a few startups including Leap Motion, Formlabs, Angel List, Collaborate (ACQ: CISCO), Hackster (ACQ: AVNET), Adoreme and Breather. He is the most experienced investor in the hardware space (250+) and has invested globally. Cyril is a popular speaker at international events (TC Disrupt, Collision, Pioneers, MIT Forum) and Universities (Stanford, UC Berkeley), has written dozens of articles and publishes regularly on topics such as technology, robotics, health and crowdfunding.
Learn more about Venture Capital -- register today for ADIS2019!

ADIS2019 Session Highlight: Women Leaders

Amplifying Women Leaders’ Impact: How the next generation of women can use positions to positively impact conditions for women in the world

A record number of participants attended the ADIS2018 session titled “Dialogue & Action with Women Entrepreneurs and Investors.” The session provided learnings on how women are leading the charge in innovation and investment to transform African Economy. Current trends indicate that more women occupy leadership positions. For example,
  • Ethiopia's parliament has elected the country's first female president, Sahle-Work Zewde
  • Rwanda has the highest representation of women in parliament in the world
  • The past few years have seen a rise in the number of women-owned businesses in Africa. Be it in IT, oil, mining, or in the aviation sector; female entrepreneurs are breaking gender stereotypes.
ADIS2019’s Amplifying Women Leaders Impact session will convene women leaders in Silicon Valley, the African Diaspora, and the Continent to discuss how women can use their POWER to make a positive impact to create a more sustainable and equitable world. Their impact can prepare the next generation of women leaders to lead effectively and transform their communities.
Helen Kim, eBay

Helen Kim is the VP of Business Operations for Product & Technology at eBay. She leads product strategy & planning, product insights, program management, Agile practices, centralized quality and accessibility, tech innovation and product operations. In addition, Helen serves as the diversity and inclusion champion for the Product & Technology organization.  Prior to eBay, Helen was the VP of Business Operations for Technology at Yahoo, and she also worked at McAfee and VeriSign. Earlier in her career, Helen was a management consultant at Deloitte & Touche specializing in security and privacy. Helen holds a B.S. degree in Business Administration and an MBA from the University of California, Riverside.
Maggie Kamau-Biruri, Harvestplus

Ms. Biruri is the Head of Fundraising and Partnerships at HarvestPlus, an International Organization with offices in 15 countries in Africa, Asia and Latin America.  HarvestPlus’ is committed to ending hidden hunger by adding micronutrients to the diets of those who are deficient by enriching the staple foods that smallholder farmers grow and consume. where her responsibilities include resource mobilization, partnership development and donor relations. Most recently, Maggie served as Partnership Director at Deloitte and Touché, as part of the leadership team managing former President Obama’s signature project on promoting youth leadership in Africa (YALI), funded by USAID and MasterCard Foundation.
Rutendo Mudzamiri, Sparklead Global
 
Rutendo Precious Mudzamiri is a Zimbabwean-born woman, currently serving as a Leadership Consultant for various organizations and individuals. Prior to this role she pioneered a women’s leadership development program, which has (to date) provided leadership & mentorship platforms for more than 400-young women. She started her leadership journey at the tender age of 17.  Rutendo Mudzamiri says her goal is inspire the next generation of leaders- particularly women. Her commitment to serving women and global leadership dates back 2003 through the monthly speaker series sessions leading to the successful hosting Young African Women's Summit attended by 88 young women leaders from 23 African countries. 
Meet Impactful Women Leaders at ADIS2019! Register Today

Partial List of Registered Attendees

Join these 50 registered organizations and register for ADIS2019!
The Camden Trust
Epic Africa
Step Up Capital
Global Fund for Women
Flame Tree Initiative
Johnson & Johnson Family of Consumer Companies
Ernst & Young
Dietel and Partners
Blended Value
Stonecrest
Symantec
Diasporas in America Fund
Segal Family Foundation
Hilton Foundation
Fife Avenue Partners
UNICEF USA
Facebook
Distinguished Careers Institute, Stanford University
Koniku, Inc.
Sorensen Group
American Bar Association Rule of Law Initiative
MCE Social Capital
Massachusetts Institute of Technology
Harambe
Global Catalyst Innovation, Inc.
U.S. African Development Foundation
AAR Africa for AAR
Draper Venture Network
Ujaama
Intel Corporation
DIA Fund
1847 Philanthropic
IDP Foundation, Inc.
The African Academy of Sciences
Omidyar Network
Goodwater Capital
King Baudouin Foundation United States
American Homebuilders West Africa
USA for IOM
Global Catalyst Foundation
Moya Technologies, Inc.
Donor Circle for Africa
Cilker Family Foundation
Silicon Valley Community Foundation
African Enterprise Project
U.S.-Africa Housing Finance
SOSV/HAX
Register Today for the African Diaspora Investment Symposium 2019!

Thank You to Our Sponsors!

Cilker Family Foundation

Individual Sponsors
Agnieska Winkler and Art Lund

Twum Djin, Goodwater Capital

Joshua Ghaim, PhD, Johnson & Johnson Family of Consumer Companies

Carolyn Gannon​
Abbey Omokhodion, Intel

Regga Tekeste

Theresa Samuel Boko

Charlie Adams, Wells Fargo Advisors

Dave Wilde, HP
Co-Sponsors

Jan 24-26

ADIS2019

Register Today!

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Copyright © 2019 African Diaspora Network, All rights reserved.


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