Ben Dabrah to speak at the AVCA 2022 Conference
The countdown to the much-anticipated PE industry event, the 18th Annual AVCA Conference, has begun. This year, ACA will be contributing to the conversations at the conference themed “Private Capital in Africa at a Crossroads,” scheduled to hold from April 25th – 29th, 2022, in Dakar, Senegal, as a physical event.
Benjamin Dabrah, Partner and Value Creation Lead, ACA, will join other leaders and private equity experts in a panel discussion, “A Rocky Road: How to Create Value and Secure Exits in Africa,” to explore the challenges of executing vision and creating value amidst global uncertainty.
The Annual AVCA Conference brings together world-class investors, policymakers, and business leaders for interactive sessions, solutions-driven dialogue, and dynamic networking.
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Okechukwu Enelamah Speaks at the Doha Forum
The Qatar Africa Business Forum hosted the 20th edition of the Doha Forum in Qatar on March 26th – 27th, 2022. The two-day event themed “Transforming for a New Era” featured several panel discussions on critical themes, including geopolitical alliances and international relations; the financial system and economic development; defense, cybersecurity, and food security; sustainability and climate change.
During the session “Reimagining Business Models in the Post-Pandemic Era,” Okey Enelamah, Chairman, ACA, in a panel with Choguel Kokalla Maïga, Prime Minister, Mali, Bethlehem Tilahun Alemu, Founder and Executive Director, SoleRebels Phillip Ihenacho, Founder and Partner, Amaya Capital, and Richard Okello Founder, Sango Capital (moderator), explored how business leaders are rethinking urban planning and putting policies in place that may contribute to resilient societies, circular economies, and sustainable urban growth. They also took a critical look at the most significant investment opportunities that exist in Africa.
In response to a question about negative or positive surprises encountered in the evolution of African countries, Okey expressed that in his dealings as a business leader, he has been, on several occasions, pleasantly surprised by the responses of the youth- by way of innovations amongst other things, in the face of adversity and difficulty. On the other hand, he was negatively surprised at how ill-prepared the African continent is for changes happening around it, resulting in a subdued response to the world’s needs across sectors. He cited an example of the low investments made into the energy sector where the continent should ordinarily feature prominently.
He also stressed that post-pandemic, the way forward is a focus on the tech ecosystem and its interface with various sectors to achieve superior growth.
#BreakTheBias: ACA celebrates International Women’s Day (IWD) 2022
The month of “March” is observed annually as the women’s month, and March 8th commemorates International Women’s Day (IWD).
This year, African Capital Alliance (ACA) marked the IWD 2022 with the theme #BreakTheBias, contributing to the conversation “#BreakingtheBias: Transformational Journey- Professional and Personal Experience” in a roundtable event. The event focused on the ACA women sharing their experiences. More importantly, it presented an opportunity to take stock and re-strategize on how to drive better parity within the communities free of bias, stereotypes, labels, and discrimination, as well as empower others.
The keynote speaker, Dr. Ogechi Adeola, Associate Professor of Marketing and Head of the Department of Operations, Marketing and Information Systems at the Lagos Business School, Pan-Atlantic University, Nigeria, talked about her transformational journey and shared insights on navigating through stereotypes and biases. The event culminated with fun and engaging conversations in Q & A style.
International Women’s Day (IWD) is a global movement dedicated to celebrating progress, raising awareness, and showcasing commitment toward strengthening gender equality and empowerment of all women.
Ashraf Deenmahomed Speaks at the CISI Wealth Summit
A global network of professionals working in wealth, investment management, and financial services came together for the CISI’s Global Wealth Summit 2021, a three-event series on November 16, 2021. The summit, which was hosted, virtually attracted eminent speakers from this sector, including some of the most well-known thought leaders in the world.
Ashraf Deenmahomed, COO of African Capital Alliance; Ononuju Irukwu, Chartered MCSI, MCBI, HCIB, Head of Private Banking, First Bank of Nigeria; Erica Bruce, President of the South African Institute of Stockbrokers, and Paul Njoki, CEO of Standard Chartered Investment Services engaged in an insightful panel discussion to explore the African business ecosystems, its divergence, and ease of doing business across the different regions.
Ashraf highlighted many opportunities to explore in the energy sector- as everyone is transitioning to renewable energy, and energy infrastructure is expected to boom shortly. He explained that African countries could take advantage of the diverse energy infrastructural prospects through high-level government commitments like subsidies.
In his closing statement, he remarked that everything in Africa is an opportunity. He further said that in relation to more developed continents, Africa adapts easier to innovation and new elements. However, there is a gap between the poor and uneducated, which, when closed, would result in lots of competition as Africans are both talented and passionate.
Okey Enelamah Speaks at the FT Live 2021 Conference
The Financial Times’ inaugural tech summit: #TechFTlive, themed “Aligning Policy, Strategy and Innovation”, gathered over 2,000 leading business innovators, policymakers, and industry-leading speakers across two days; 30 September – 1 October 2021, sharing deep insights on how technology is transforming business and society.
Okechukwu Enelamah, Chairman, African Capital Alliance (ACA) was a speaker on a panel that discussed the “Emerging Tech Hubs: Africa on the Horizon”. Discussions focused on the opportunities arising for the youngest, fastest-growing, and hyper-connected populations in Africa, and highlighted the most available sectors for digitisation, as well as possible barriers that could limit the impact of tech in Africa, which stakeholders need to be aware of.
The insights gathered from the discussions, reflected a booming tech scene in various countries in Africa, the spike in innovation as well as investment in recent years. There was a clear emphasis that boosting the overall tech potential in Africa would need to be a deliberate process of identifying the opportunities as well as the right funding levels & partners, backed by the right government policies. It was agreed that many countries, like Nigeria, have the ingredients, including the growing talent pool (that could benefit from further development). Conclusions were that though progress was slower than desired, inevitably, the right things are being done and therefore positive, predictable outcomes can be expected to materialise over time. In Okey’s words, “The cooperation and partnership between governments, privates, academic institutions, and trade associations, would be instrumental in building out the talent in Nigeria”.
About #TechFTlive
#TechFTLive is a Financial Times’ technology summit that held virtually, alongside its European leading tech festival, the TNW Conference. The summit explored new ways to harness the learnings on digitization amid lockdowns and provided insight on the key technology trends for the year ahead.