WIDU.africa’s Post

🌟 Kacita Organization (Uganda) Partnership Spotlight 🌟 We are excited to highlight our strategic partnership with the Kacita Organization (Uganda), a renowned business support association dedicated to facilitating trade and uniting the business community across Uganda. About Kacita Organization (Uganda) 📅 Established and registered in 2001, and re-registered in 2009 as KACITA – Uganda to cover the entire country, the Kacita Organization's primary aim is to create a viable, organized, and socially sustainable marketplace. They are committed to bringing together the business community and mobilizing them for growth and success. Kacita Organization is driven by the vision of fostering economic growth and supporting businesses in Uganda: 🤝 Trade Facilitation: Working together to streamline trade processes, reduce barriers, and promote efficient business operations. 🌐 Business Community Engagement: Organizing events, workshops, and networking opportunities to bring together business leaders and entrepreneurs, fostering a collaborative and supportive environment. 🏗️ Market Development: Initiating projects that enhance market access, improve infrastructure, and support local businesses in expanding their reach. 📈 Capacity Building: Providing training and resources to equip business owners and entrepreneurs with the skills and knowledge they need to thrive. Through this partnership, Bilow Capital and Kacita aim to leverage their collective expertise and resources to empower entrepreneurs, foster innovation, and create sustainable economic growth in Africa. By working together, we are committed to building a more inclusive and prosperous future for the African community. Learn more about the Kacita Organization : https://kacita.co.ug/ #TradeFacilitation #BusinessSupport #EconomicGrowth #KacitaUganda #BilowCapital #Partnership #CommunityDevelopment #MarketAccess

It is undeniable that there are intensive efforts of government institutions, development partners, CSOs, and other stakeholders in fostering entrepreneurship in Zanzibar. However, a lack of cohesive collaboration among these entities has resulted in fragmented initiatives, with each organization pursuing individual agendas. This disjointed approach has inadvertently widened the gap between support services and the actual needs of entrepreneurs. This led to not reaching the potential positive impact and leading to inefficiencies in resource allocation. These efforts significantly enhanced their businesses and maximized their impact on the local economy. The African Continental Free Trade Area (AfCFTA) aims to create a single market for goods and services that will promote economic integration across the continent. The current state of Zanzibar's entrepreneurs reveals a concerning lack of readiness to effectively compete in the international market. Without adequate preparation, the implementation of this agreement geared toward continental trade may position Zanzibar as a consumer rather than a producer. This may not only undermine economic autonomy but also perpetuate dependency on external sources for goods and services. To mitigate this risk, it is imperative to prioritize capacity-building initiatives that empower entrepreneurs with the skills, knowledge, and resources necessary to thrive in the international marketplace. Furthermore, Zanzibar may lack the institutional capacity and expertise to effectively implement and enforce the provisions of AfCFTA. Capacity-building efforts are needed to strengthen institutions, enhance regulatory frameworks, and improve trade facilitation measures. By investing in targeted training programs and fostering strategic partnerships, Zanzibar can position itself as a competitive player in the global arena. I urge the Ministry of Trade, ZNICC, ICOYACA, as well as local and international development partners, to step up and shoulder the responsibility of creating an enabling environment for entrepreneurs and prioritize equipping them with the necessary skills and providing them with the resources they need to thrive. By doing so, Zanzibar can effectively capitalize on the implementation of this agreement, ensuring that its entrepreneurs are not only prepared to compete but also positioned to excel in the global market. Streamlining efforts and fostering synergies among stakeholders could significantly enhance the effectiveness of entrepreneurship support programs led to unlock the full potential of Zanzibar's economy and fostering sustainable growth for the benefit of all stakeholders involved #AfCFTA #Agreement #youth #entrepreneur #africa #business #capacitybuilding #government #donor Pamoja Youth Initiative ZAFAYCO Zanzibar Ambassador Togolani Mavura Mustafa Sharif Vijana Think Tank YALI Regional Leadership Center East Africa Juma Burhan Hamad Hamad TMARC TANZANIA

The Ref Index is on the hunt across Ghana's 16 regions to unveil the most entrepreneurial-friendly region! Which region will emerge as the champion of entrepreneurial improvement?  Stay tuned for the exciting reveal! #ACEYE #AtlasNetwork #IMANI #regionalentrepreneurshipfreedomindex #REFIndex2024 #freemarket #AfricaDevelopment #Africanprosperity #privatesector #Ghana #aceyeat5 #ilapi

"Rwanda and Zimbabwe share a common will for inclusive growth, sustainable development, and entrepreneurship. By working together, we can unlock new opportunities, accelerate investment flows, and create an environment for businesses to thrive." - Hon. Vincent Biruta, Minister of Foreign Affairs and International Cooperation. 📺 Watch highlights from the 3rd Rwanda-Zimbabwe Business Forum. #RwandaZimForum🇿🇼| #InvestInRwanda🇷🇼

Strategic partnerships, financial backing, public sector engagement, and technological integration are key to unlocking the full potential of Ghana's entrepreneurial spirit, driving growth, innovation, and social change by 2030. Entrepreneurship in SMEs significantly contributes to GDP and employment and is showing the resilience and innovation crucial for economic development. #SupportMadeInGhana #BuyMadeInGhana

While rural communities need financial services the most, they remain the largest unserved market for financial services. Ensuring their financial inclusion can unlock the considerable economic potential of rural areas, and benefit the rural poor by increasing household income and decent work.

Unlocking Ahafo's Economic Potential: A Call to Action The Ahafo Region in Ghana possesses opportunities for economic growth and entrepreneurship, yet the ACEYE 2024 REF Index Report paints a concerning picture: the region is ranked "mostly unfree," placing fourth nationwide. This serves as a wake-up call for the need to dismantle existing barriers and implement policy reforms to unlock Ahafo's true potential. Key Insights: - Restrictive policies are limiting entrepreneurial freedom - Economic growth is being stifled - Urgent policy changes are necessary to maximize the region's capabilities Call to Action: Policymakers must enact transformative reforms to foster a more business-friendly environment in the Ahafo Region. By expanding entrepreneurship freedom, we can ignite prosperity and drive sustainable economic development for its residents. Learn More: Explore the ACEYE 2024 REF Index Report to gain deeper insights into the region’s performance. (https://lnkd.in/eQGR3Dnj) #ACEYE #AtlasNetwork #IMANI #REFIndex2024 #FreeMarket #Accra #Ghana #AfricaDevelopment #FundLib #AfricanProsperity #PrivateSector #Ghana #AceyeAt5 #ILAPI #RegionalEntrepreneurshipFreedomIndex

EBRD President Odile Renaud-Basso to strengthen economic ties in Uzbekistan visit With investments totaling around €4.42bn across 151 projects, the EBRD has played a pivotal role in supporting private entrepreneurship and driving economic growth in the country. 👉Details — https://lnkd.in/df_isCKx #EBRDPresident #UzbekistanVisit #EconomicTies #InvestmentProjects #PrivateEntrepreneurship #EconomicGrowth #InternationalRelations #DevelopmentSupport #DaryoUzbekistan

Every day, our ACEYE REF Index Report 2024 continues to make an impact! We're delighted to see our report highlighted on Ghana Broadcasting Corporation, spreading the word about the report's impactful findings. This feature not only showcases the report's significance but also amplifies the conversation around entrepreneurship and regional development in Ghana. It's a great opportunity to further ignite discussions, spark meaningful change, and drive progress in Ghana's business and economic growth! #ACEYE #AtlasNetwork #IMANI #regionalentrepreneurshipfreedomindex #REFIndex2024 #freemarket #Accra #Ghana #AfricaDevelopment #fundlib #Africanprosperity #privatesector #Ghana #aceyeat5 #ilapi #GBC #gbcnews

The Official Report from the Africa SME Assembly will be ready on Monday morning But before then, here are a few metrics from the report; 1. We had a total registration of 2077 businesses from a total of 16 African countries 2. On the day of the Assembly, we had 467 attendees, including our speakers. The number would have been more as most would have joined virtually 3. From the registration, we had 67% female entrepreneurs and 33% male 4. We had 60% entrepreneurs between the ages 18 - 35 years old 5. The major pain points of these entrepreneurs are access to finance and their inability to access credible networks 6. 408 people have registered for the SME Accelerators Program - A post-event activity to incubate SMEs. It kicks off in May 2024 We would be working with organizations and individuals for the Accelerator program. They include Sebastien CELESTINE, Ajibola Jinadu, Dr. Faith Nwaobia, Tanya Kabuya Bill Huston, Michael Frisk, Mr. Vincent Edigin of GreenBii, Omotola Dorcas, Wofai Samuel, and the Nigeria America Chambers of Commerce, Mr Obafemi Darabidan MCIB and many other To us, the journey just started, and the Assembly was just the beginning Watch out for the whole, detailed report by Monday