The BAF Awards serves to showcase and award entrepreneurs who are running early-stage for-profit and not-for-profits that are addressing Africa’s unique needs through technology or differentiated business models. These needs are in health, education, energy, financial inclusion, gender inclusion, nutrition, commerce, industrial development, and other socioeconomic good.
Nominate leaders of an early-stage African enterprise for the second annual Builders of Africa's Future Awards today. A selection of nominees will showcase their startups at the Fourth Annual African Diaspora Investment Symposium in January 2019. Start-ups will be selected based on the criteria of innovation, uniqueness, growth potential, and impact potential on the continent. The ADIS platform provides an unprecedented stage for entrepreneurs to promote their venture, attract potential customers, drum up investor and partner interests, and be connected to experienced mentors in the field.
CTO, Goodwater Capital and Chairman of the Board, African Diaspora Network
The 2018 Builders of Africa’s Future brought together 2 investors and 10 startups based on the criteria of innovation, uniqueness, growth potential, and impact potential on the Continent.
We look forward to welcoming the 2019 awardees.
Innovation & Impact Awards on Finance & Investment
Founder & Managing Partner, LoftyInc Afropreneurs Fund
Marsha Wulff is capital raising for the Loftyinc Afropreneurs Fund, which she co-established with a distinguished Nigerian team. Having worked twenty years with African diaspora and impact investments, her background includes portfolio management, board governance, corporate communications and private equity investments.
Maya Horgan Famadou
Founder & Managing Partner, Ingressive Capital
Maya Horgan Famodu is a venture capital investor and entrepreneur. She founded Ingressive Capital, a $5 Million venture fund focused on early stage African tech, and Ingressive, a tech integration company that provides market entry services and tech research for corporates and investors, and operates their Africa strategy over time.
The Inaugural 2018 Builders of Africa's Future Awardees
Akin Jones Co-Founder & CEO, Aella Credit
Akin Jones held key investment banking roles in Africa & North America. Working with Technology/M&A Investment Banking Teams at Primera Africa, Wachovia Securities, BGL Investment Bank, SunTrust Robinson Humphrey and UBS.
Co-Founder & President, SOLIDARIEDADDE NA MOKILI
Louison was born in the Democratic Republic of the Congo and studied Entrepreneurship in Stiftung Entrepreneurship (Germany). He has been active in helping youth-led startups around the world. Mr. Louison Mbombo lives in Brazil where he works as Global Partnership Manager at the Afro-Brazilian Chamber of Commerce AFROCHAMBER
Belinda Ilenge Lofone
Co-Founder, SOLIDARIEDADDE NA MOKILI
Belinda was born in the Democratic Republic of Congo. She has over a decade of experience advising executives and business leaders in auditing, risk management, compliance, and corporate governance. Belinda earned her MBA from Dallas Baptist University and resides in Irving, Texas.
Founder & Executive Director, Food for Education
Wawira founded Food for Education in 2012 while doing her Nutrition and food sciences degree at the University of South Australia. She has been recognized as a Spark* International Changemaker 2012, Transform Nutrition 'Nutrition champion' 2013 and a Hunger Free Ambassador.
Founder & Managing Director, Africa Foresight Group
Yasmin Kumi founded AFG in 2015 to follow her passion of fostering local economic value creation in Africa. She is a Ghanaian/German senior business consultant with extensive working experience in the consumer goods and financial services sector, the research of family business groups and agriculture in African markets.
Abolade Lawal (Bola) Co-Founder & CEO, ScholarX
Bola is a Social Entrepreneur who co-founded ScholarX due to his passion for human capital development in Africa. The ScholarX app was recently nominated by Apps Africa as Best App in West Africa. Prior to ScholarX, he worked as a Business Analyst with companies such as ConocoPhillips, Accenture and Shell.
Peter Kegode CEO, Nishati Koffee
Peter is an international agribusiness consultant with over 25 years of experience with Africa coffee value chain, coffee retail and institutional development initiatives. Peter has consulted for Coffee Research foundation, Kenya, coffee Board of Kenya, Kenya Coffee Producers Association, Kenya Cooperative Coffee Exporters Ltd, African Fine Coffee Association.
Curtis Vanderpuije Co-Founder & CEO, expressPay
Curtis is co-founder and CEO of expressPay, a leading fintech company in Ghana enabling real-time money transfer and seamless consumer – merchant payments. Curtis has a wealth of payments and management experience having spent several years at Visa Inc. and Bain & Company prior to starting expressPay.
Ugwem Eneyo Co-Founder & CEO, Solstice Energy Solutions
Ugwem I. Eneyo is the co-founder and CEO of Solstice Energy Solutions, a start-up company specializing IoT and software to connect & intelligently manage distributed energy resources in emerging markets. Ms. Eneyo’s Nigerian heritage created a strong passion for addressing the challenges and opportunities across the African continent..
Dena Montague Co-Founder, Energie Rich
Dena Montague is the Co-Founder of ÉnergieRich a social enterprise working with engineers and entrepreneurs in Africa and the African Diaspora to develop sustainable, innovative clean energy solutions for low-income communities. ÉnergieRich was launched with Burkina Faso based co-founder, Boureima Kabre, who is a leader in advancing solar access for rural communities in West Africa.
Impact & Innovation in Africa Forums and Speaker Series
(L) to (R): James A. Newlands, Almaz Negash, Twum Djin, Innocent Shumba, Immaculate Nantale at the Frugal Innovation Hub, Santa Clara University
2018 African Impact & Innovation Series: "Lessons from Growth Leaders" Presented by the African Diaspora Network
Co-sponsored by The Frugal Innovation Hub at Santa Clara University
On Saturday, April 28, the African Diaspora Network launched the first of the 2018 Africa Impact & Innovation Series with a presentation by James A. Newlands and Immaculate Nantale of Ernst & Young on "Why Africa and Lessons from Growth Leaders." The conversation, facilitated by Chairman of the Board Twum Djin, began by engaging the audience in recognizing existing, prevalent assumptions often made about the business landscape of Africa. Newlands dove into a two-hour conversation and Q&A that highlighted the complexity of navigating investment opportunities in 54 countries, concluding with effective growth strategies that illuminate the possibilities of creating profitable business ventures, known as the 7P's.
Why Africa? This forum provides a balanced perspective on the Africa growth story, current developments, and an outlook focused on opportunities and challenges for investors. The forum will include lessons from Growth Leaders on a practical approach to executing a growth strategy in Africa, based on E/Y's own experience and that of multinationals that have been successful in executing growth strategies on the continent.
The Institute of Certified Investment and Financial Analysts (ICIFA) will hold a three-day Workshop on Alternative Investments (with some Focus on Crypto-currencies and Forex Online Trading). The workshop will be held at the Kenya School of Monetary Studies (KSMS) from May 22nd to 24th, 2018. The Objectives of the Workshop is to expose participants to the increasingly growing significance of Alternative Investments in the region’s financial markets and to discuss emerging and contemporary financial issues.
Facilitators and participants will have opportunity to explore what roles alternative investments can play in the enhancement of investment return and risk management. This being one of the first such workshop in the region, participants will also be exposed to the wide choice that the regional markets provides outside the established investment asset classes and how it is possible to optimize investment risk and return outcomes for the benefit of investors and investment managers. Among the alternative investments to be discussed by the experts include some of the controversial financial instruments such as crypto-currencies and Fx Online trading that seem to have taken the market by storm at times to the discomfort of financial regulators and apprehension by sections of investors.
Applications are now being accepted through July 6, 2018 at 11:59 PM EDT for the Spring 2018 competition of the Carnegie African Diaspora Fellowship Program (CADFP)
Accredited universities in Ghana, Kenya, Nigeria, South Africa, Tanzania and Uganda can submit a project request online to host a scholar.
Scholars born in Africa, who live in the United States or Canada and work in an accredited college or university in either of those two countries, can apply online to be placed on a roster of available candidates for a fellowship. Scholars must hold a terminal degree in their field and may hold any academic rank.
Links to the African host institution project request application, scholar roster application and guidelines are posted on the CADFP website. Selection decisions will be made in October 2018; project visits can begin as early as December 2018and must be completed by August 31, 2019.
For more information on the fellowship program and application process, as well as the projects of current fellows, please visit our website and our communities on Facebook and Twitter. The program flyer (attached below) provides additional information regarding the program.
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.