Africa Diaspora Invests. reposted this
7x- Award Winning International Ecosystem Builder / Co-Founder - CyberAlliance | Founder - B-Direct | Board Member | US Embassy Collaborator / US- Africa Economic Advocate
𝐏𝐚𝐫𝐭 𝐈𝐈 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐔.𝐒. - 𝐒𝐨𝐮𝐭𝐡 𝐀𝐟𝐫𝐢𝐜𝐚 𝐂𝐨𝐧𝐧𝐞𝐜𝐭𝐢𝐨𝐧 In this part of our series, we will show a snapshot of the curated experiences designed to display the established and meaningful connection between the U.S. and South Africa in effort build the TRUST critical for early-stage investing. This phase of our journey began with a drive from Joburg to Pretoria to celebrate the 248th Independence Day of the U.S. - yes, Independence Day in September - at the residence of Ambassador Dr. Reuben Brigety, II. This event allowed us to build awareness of the U.S.-South Africa relationship and network with dignitaries, U.S. government agencies, and South African leaders. For something different, on our next trip outside Joburg, we took the Gautrain to Tshwane to visit South Africa’s largest residential tech university, Tshwane University of Technology, as special guests of the Ronnie Mamoepa Annual Lecture. There, we gained insights into the power of government communication and had the privilege to spend time with South Africa's Deputy President, H.E. Paul Mashatile. That day, our connection deepened during a lunch with South Africa’s top media group, which also included a legendary movie producer and actress, beauty brand entrepreneur, and leading venture capital firms. Networking continued with dinners organized by South Africa's largest bank, Standard Bank with top VC/PE leaders. A Joburg highlight was being hosted at Africa's largest stock exchange (16th largest in the world), the Johannesburg Stock Exchange. Thanks to Cleola Kunene, Head of SME Development, for organizing JSE Day, which gave us insights into the JSE's excellence, particularly their SME development program that fosters growth for small and medium enterprises. Each interaction with Joburg’s ecosystem reinforced the power of peer connections. We later traveled to the North West Province, passing diamond mines en route to Sun City and Pilanesberg National Park for an unforgettable safari. On our final day in JoBurg, VC 54 Collective hosted a post-investment summit breakfast, providing insights into how they mitigate risk through SME development, following their $114M raise from Mastercard Foundation and Johnson & Johnson Impact Ventures. Knowing 600 U.S. brands operate in South Africa is one thing but seeing and feeling the U.S.-South Africa connection firsthand sparked new perspectives for the delegates and challenged previous assumptions about the continent of Africa. That sense that you've missed out on something! Beyond the serious business discussions, there were countless moments of laughter and emotion. The warmth and hospitality we experienced, combined with the profound insights we gained, created a deep sense of investor confidence and comfort in South Africa’s future. Kendrall Felder Henri Ward Andrá R. Ward, MSPOD, BCC Karla Munden Dr. Trillion Small, LMFT-S, MBA Candidate Dr. Olivier Kamanzi Africa Diaspora Invests.