Last month Developed Africa joined African Peoples Advocacy at 'Pitching Africa in the City'.
Vox Africa covered the event, which was highlighting the opportunities for pitching African opportunities to institutions in the City of London. Ben Oguntala, CEO of Developed Africa, gave a presentation on overcoming the assumptions which undermine efforts to bring trade and investment to the continent. He was joined for a panel discussion by Chris Cleverly, CEO of Made in Africa Foundation, Sylvie Aboa-Bradwell, CEO of African Peoples Advocacy, and Justine Lutterodt, director of the Centre for Synchronous Leadership. The event was chaired by Henry Bonsu, director of Colourful Radio.
“A new, inclusive way of doing business in Africa,” Ben Oguntala, CEO of Developed Africa
This website is a new kind of resource for anybody interested in Africa. We foster partnerships between people with big ideas and those searching for new opportunities in a rapidly developing market. We believe that commercial engagement with and investment in African projects is the best way for the continent to develop. The problem is the information deficit that makes companies outside Africa hesitant to do business on the continent.
There are many myths and preconceptions about working in Africa. Much of this stems from the lack of easily accessible information on proposed projects. This website will make such information incredibly easy to search and digest. It also provides a platform for Opportunity Providers to gain a new platform for their ideas.
For too long, development in Africa has been dominated by Western-backed, donor-dominated non-profit models. While these mechanisms have achieved some successes, the development of commercial partnerships is the next step, allowing greater sustainability and initiatives that truly reflect the needs and desires of the people. The aid model creates a systematic imbalance between donors and recipients and a bias against the treatment of African opportunities as serious commercial projects. Developed Africa’s objective is to bring balance to the relationship between developed and developing countries by providing a platform on which all parties can engage as equals.
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