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PRESS RELEASE

Date: 11th July 2016

Title: The Africa Entrepreneurial Ecosystem

June 2016 update

POLICY
UN WOMEN: the United Nation institution engaged in Mali to support Women ICT
Entrepreneurship through a Project launched on mid June in Bamako.

AFRICA UNION: in Milan (Italy), 16 to 17 May 2016, the Second Stakeholder Forum of
the Africa-EU Energy Partnership (AEEP) presented a call for action from participants
to ensure the delivery of sustainable energy for Africa post-COP21. The event focused
on the advancement of renewable energy innovation, investment

AFRICA UNION: Praia- Cape Verde, June 1-3, hosted a Stakeholder Dialogue
workshop for validating a Strategy and Action plan for African electricity markets at the
continental level elaborated through a joint AU-EU initiative.

AFRICA- USA: the U.S. Agency for International Development (USAID) and its
partners hosted their first Agriculture Innovation Investment Summit from June 1- 2
in Washington, D.C. The Summit connected investors with innovators to accelerate
game-changing technologies that can help smallholder farmers improve their
productivity and competitiveness

AFRICA USA: some of Africas most notable leaders in the private sector gathered
with Participants from the 2015 Mandela Washington Fellowship, the flagship program
of President Barack Obamas Young African Leaders Initiative (YALI), for the Southern
Africa Regional Conference at Johannesburg, South Africa from June 9-11, 2016.

AFRICA- GERMANY: May 27th, the Government of the Federal Republic of Germany
has pledged another EUR 55 Million in support of African Union (AU) programs and
joint strategic initiatives, concluding its bilateral negotiations with the African Union (AU)
Commission. The additional contribution mainly supports agricultural technical
vocational education and training (TVET) in more than 10 African countries
 AFRICA: Gaborone, Botswana from 29 May 10 June, 2016, the Internet Society
called for the adoption of policies and frameworks that expand access and create
greater demand for the Internet during the 4th annual Africa Internet Summit (AIS).
Urging policymakers to grasp the opportunity offered by the expansion and
growth of the Internet across the continent, the Internet Society advocate for greater
collaboration by all Internet decision-makers in creating an accessible, trusted Internet
that benefits all Africans. The African Internet Summit brought together the Information
and Communications Technology (ICT) business and technical community .

ECOWAS: Abidjan 14- 15 June, Ministers of Commerce gathered to check and for
bringing solutions about trad odes in ECOWAS zone.

COTE DIVOIRE : on June 23rd Sidi Tiemoko Toure the Minister of Employment
announced 2 millions new jobs creation by 2020

INDUSTRY
Western Africa Concern

AFRICA: Africa Artisanal Exhibition in Ankara , on late May, on the side line of the
World Humanitarian Summit

AFRICA: General Electric together with the Mara Group and Atlas Merchant Capital
are leading an initiative to create a joint venture dedicated to investing in the highly
underdeveloped African infrastructure sector.

AFRICA: Standard Chartered Bank is bringing its newest mobile and online banking
platform to 1 million clients across 8 African markets, Botswana, Ghana, Kenya,
Nigeria, Tanzania, Uganda, Zambia and Zimbabwe

AFRICA: Agility launched, on early June its Africa 2016 Photo Competition. The
contest seeks to capture fast changing Cities, Industry, Technology

AFRICA: the MasterCard Foundation brought funds to Microcred for financing

Entrepreneurship in three African countries

COTE D IVOIRE: May 25th, inauguration in Abidjan of a Radison Blu Hotel

 COTE D IVOIRE: the spring edition of Discop Africa television content industry
gathering held in Abidjan on June 1st with a record participation of Francophone Africa
professionals

COTE D IVOIRE: June 20th, Ivory Coast WAIPA regional Conference

GHANA: On 1st June 2016, the British High Commission launched Capital SME, an
initiative aimed at growing small and medium enterprises (SMEs) and boosting capital
market activity in Ghana. GHANA : Uber started to operate in Accra on early June

GHANA: A 20-member trade delegation from Ghana concluded a week-long visit on

June 24th to the Netherlands to explore opportunities for business and cooperation
in food & beverage processing and agricultural inputs.

GUINEA CONAKRY: on late May, the MEDEF (France investment leader group)
visited Guinea for potential Business deals

MALI: the 6th national Bankers days held at the exhibition park of Bamako, on early
June, highlighted partnership with Universities for jobs creation

NIGERIA: May 26th, TMT Finance and IHS Towers have announced the launch of the
inaugural TMT Finance Africa in Lagos, Nigeria conference on September 20, 2016

SENEGAL: the <DakArt> Festival kicked off on June 1st after a month of culture
Entrepreneurs exhibition

Elsewhere in Africa

CAMEROON: Tax online registration is coming up

EGYPT: Techne Summit an international entrepreneurship technology event took Egypt

by storm on May 7th to 8th, 2016

EGYPT: The United States Embassy hosted Ziad Haider, the Department of States
Special Representative for Commercial and Business Affairs, from May 31- June 1 to
promote the 7th annual Global Entrepreneurship Summit (GES) held on June 22-24
in Silicon Valley, California.
ETHIOPIA- UGANDA- KENYA: On late May, the South Korea President visited East
Africa Countries for settle Business and investment opportunities

GABON: Maroco company CIMAF opened its new Cement factory in Gabon

GABON : UGB bank signed on June 23rd a MoU with JA NGO for
providing Entrepreneurship skills to young people

KENYA: 25th May, Uber and Sidian Bank started partenering to launch an innovative
Uber Vehicle Solutions Program

KENYA: with Japan support, the Ground Breaking Ceremony of The Project for the
Construction of JOYWO Women Economic Empowerment Training Centre was
held in Kapseret Division, Eldoret District, Uasin Gishu County on 31st May, 2016

KENYA: UNDP jointly with the County Government of Marsabit have launched the 3rd
Biashara Business Development model Center in the Country.

MAURITIUS: June 1st, Mauritius based MCB Equity Fund has successfully exited
Speedy, a leading automotive fast-fit services in France.

MAURITIUS UK: on June 3rd, a Mauritius trade and export guide HTML Detail has
been published by the UK Trade & investment

SOUTH AFRICA: GE opens the art Africa Innovation Centre in Johannesburg South
Africa.

TANZANIA: The first plastic, rubber, petrochemical and building materials

exhibition took place in Dar es Salaam from 27-29 May

TANZANIA: June 15th, Uber launched its ride-sharing platform to the people of Dar es
Salaam

TUNISIA: on May 25th, BSIC signed a MoU with BIAT for providing more funding
opportunities to Tunisian Entrepreneurs

UGANDA: on june 2nd, Uganda joins Ubers growing African network

 UGANDA: Lord Dolar Amarshi Popat made, on June 22nd his first visit to Uganda as the
newly-appointed UK Trade Envoy to Uganda.

ZANZIBAR: on June 23rd , the Revolutionary Government of Zanzibar in partnership

with the Korean International Cooperation Agency (KOICA) and the FAO have launched
a US$ 3.2 million aquaculture project that will run for three years.

AWARDS
YES Inc MALI website host Doodlekit was honored on May 25th by the Kansas City Chamber of
Commerce by receiving the first ever International Small Business of the Year Award,
Ivan Epstein President of Sage International has been appointed to the judging panel for the 16th EY
World Entrepreneur Of The Year Awards 2016
Banque Atlantique has been awarded as this year best Western Africa banker in side line of the AfDB
Annuals Meetings in Lusaka
London, June 9th the 5th Private Equity Africa Awards jury awarded Okey Enelamah, leader of the
African Capital Alliance

This press release was distributed by the International Trade Council.

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