Joanna Zang’s Post

Mauritius and South Africa best entrepreneurial ecosystems in Africa. Many people are surprised that the African Entrepreneurial Ecosystem Index  https://lnkd.in/erK8ARVv  reveals that Mauritius and South Africa have the best national entrepreneurial ecosystems in Africa. For more context listen to this very interesting podcast with Moeletsi Mbeki, political economist and the entrepreneurial brother of the former president of South Africa, Thabo Mbeki.   Explaining why a new black entrepreneurial class has not yet emerged in South Africa, and the hope for new dynamism by young professionals coming out of universities. And why Mauritius has the best entrepreneurial ecosystem: a model for other African economies.   Also still actual for the 2024 elections in South Africa. See & listen at https://lnkd.in/ezku72Nt   #entrepreneurialecosystem #entrepreneurship #Mauritius #SouthAfrica #AEEI #Africa #economicdevelopment #universities

Failure to Embrace Failure: Is This Africa’s Entrepreneurial Roadblock? Africa is undoubtedly home to some of the most dynamic entrepreneurs—visionaries who continue to create African solutions for global problems. Yet, the journey of entrepreneurship, often marked by failure as much as success, remains stigmatized across the continent. Culturally, failure is viewed as a blemish, something to be avoided at all costs. But in a space where risks define growth, can we afford this mindset? As Melvyn Lubega pointed out during our conversation at the 2023 All African Business Leaders Awards , we too often dissect the success of our peers with skepticism rather than celebrating their achievements. His analogy rings true: “We continue to fight over who has the biggest sandcastle on the beach, while our peers build skyscrapers on the beachfront.” This raises crucial questions: Is our reluctance to embrace failure hindering innovation and growth? And in a continent teeming with potential, how do we move from competition to collaboration—building skyscrapers together rather than isolated castles? What are your thoughts on how failure and competition are shaping the entrepreneurial landscape in your country?

Look at the ranking of Mauritius: Mauritius, South Africa and Tunisia lead the way in the first generation of the African Entrepreneurial Ecosystem Index. A total of 29 African countries are included in this first edition of the index. For other countries there was a considerable gap in data availability. We strive to add more in upcoming years as we strive for improvements in data sources and expect more and better data to become available. The Full Ranking Country Score 1 Mauritius 4.73 2 South Africa 3.91 3 Tunisia 3.55 4 Morocco 3.43 5 Cape Verde 3.23 6 Algeria 3.06 7 Namibia 3.05 8 Egypt 2.84 9 Senegal 2.84 10 Botswana 2.80 11 Ghana 2.57 12 Rwanda 2.48 13 Nigeria 2.37 14 Côte d'Ivoire 2.28 15 Kenya 2.24   #Mauritius #SouthAfrica #Tunisia #Morocco #CapeVerde #Algeria #Namibia #Egypt #Senegal #Botswana #Ghana #Rwanda #Nigeria #Cotedivoire #Kenya #RANKING # Entrepreneur #Africa #Index  

Around 15% of Americans identify as being a part of the African diaspora, highlighting the rich cultural, socioeconomic, and commercial ties connecting the United States and Africa. As the countries and economies of Africa rapidly grow, U.S. diaspora communities are vital to accessing new trade and investment opportunities with the continent. The U.S. Chamber's “Advance with Africa” roadshow highlights the vast commercial opportunities in Africa, a rapidly urbanizing and industrializing continent that will be home to 1 in 4 of the world’s citizens by 2050. Read more on our recent partnership with the President's Advisory Council for African Diaspora Engagement, which brought a special edition of “Advance with Africa” to Atlanta: https://lnkd.in/eeDAyNhE

Entrepreneurship in Africa: Demystifying the Mirage 💡🌍 Africa is a hotbed of entrepreneurial activity. The unyielding energy and resilience displayed by our entrepreneurs are commendable, but there is a story that often goes unheard. It's the story of tough challenges, systemic issues, and limited resources that most African businesses grapple with regularly. We need to cast light on this reality and address it head-on. Advocating for policy changes, promoting ease of doing business, enhancing access to finance and creating a supportive ecosystem will go a long way in alleviating these pressures. Let's show the world that Africa means business! Together, we can write an empowering narrative for African entrepreneurship.

Thank you Larry Yon, II and Africa Diaspora Invests. Your invitation to speak and share as a featured presenter during the upcoming Atlanta Summit is a tremendous honor. As the Founder & CEO of The KhafreWard Corporation and a principal partner with B-Direct, the past three and half decades of international experience has provided me with a tremendous stage and platform to share best practices for navigating and building solid relationships internationally, and specifically across the continent of Africa. The attraction of global partners listed below alone is a huge win! It illustrates the added value and demonstrates a serious broader commitment to actively exploring investment opportunities in Africa. As we continue to operate in a global economy, US based entrepreneurs, Black executives and diasporic investors in particular, must realize a need to expand both our visions and capabilities for growth beyond our national borders and boundaries. They way(s) in which we do business in our western society is vastly different than the customs and traditions experienced in Africa. And yet, there's a mutual desire to leverage our natural affinity and historic heritage to strengthen both cultural ties and increased wealth opportunities. Stephen Hightower I K. Michael Jordan Clifford A. Bailey Carl Satterwhite Delores Young Keith Sanders Curtis Hollis Robert E. Williams Karla Munden Laura Almeida Derek Fields Darrell D. Miller Wayne Kimball, Jr. Eric Kearney Jason Dunn Sr. Samuel DeShazior Scottie J. Hawkins, Executive MBA John J. Funny Thua G. Barlay Ako Kambon Paul Booth Jr., PhD Keith Shelton Sean Allen, MS, PMP Keith Borders Willis Lonzer, Ph.D. Lucien Metellus Darin Kent Brendon Cull Brian Sykes Corin Lindsay Henri Ward Michael Blake Darryl Ricardo Matthews Cynthia Booth H Levett Washington #Africa #SouthAfrica #InvestInAfrica #Diaspora #GlobalEconomy #Wealth #BlackWealth #Entrepreneurs #TransContinentalInvestment #Investors You're invited to share with others, repost on this and other social media platforms, like and comment below: Register Here: https://lnkd.in/d7CSA7wA

The latest Africa Wealth Report by New World Wealth reveals there are now just over 135,200 millionaires in Africa. Interestingly, from 2000 to 2013, the number of millionaires on the continent grew by more than 145 percent, compared to the worldwide growth rate of 73 percent but has dropped in recent years. Nowadays, most of the ‘new millionaires’ have been young entrepreneurs and investors who have created promising businesses and invested in lucrative sectors of Africa’s fast-growing economies. This year, more new millionaires will join the club. In this video, we’ll share with you the top business opportunities on the continent that will make more millionaires in 2024. Let’s meet them…

Africa is a gold mine for founders and investors

“The dearth of entrepreneurs has long been a binding constraint on #Africa's #economic development. To remedy it, African governments should foster business environments that ensure a level playing field and coordinate their actions at the regional and continental level.” Discover further insights on Africa's #entrepreneurial requirements for economic transformation in Hippolyte Fofack's article featured in Project Syndicate. https://lnkd.in/enhUgQXz

10 Days Left: Don't Miss the Doing Business in Nigeria Conference! Are you ready to unlock the vast potential of the Nigerian market? The Doing Business in Nigeria Conference is just 10 days away, and it's your chance to gain valuable insights and strategies to grow your business in this dynamic economy. Join us for a day off: Learning from industry experts about the opportunities, challenges, and realities of doing business in Nigeria. Gaining practical guidance on navigating the business landscape and overcoming obstacles. Exploring the economic impact of empowering female entrepreneurs and fostering inclusive growth. Discovering proven strategies to achieve sustainable growth for your business. This conference is designed for: Entrepreneurs and business leaders Investors looking to enter the Nigerian market Professionals interested in expanding their business operations in Nigeria. Don't miss out on this incredible opportunity! Register now and secure your spot at the Doing Business in Nigeria Conference. https://lnkd.in/dxaz2NfB #FutureForwardBusiness #InnovateForImpact #DBNC2024 #DoingBusinessinNigeria