Showing posts with label Accra. Show all posts
Showing posts with label Accra. Show all posts

Monday, December 13, 2021

PanAfrican Capital Holdings Sets Up The Catalyst Project To Promote African Entrepreneurship

The Catalyst

PRESS RELEASE

PanAfrican Capital Holdings Sets Up The Catalyst Project To Promote African Entrepreneurship

LAGOS, Nigeria, December 13, 2021/ -- In commitment to its vision to deliver exceptional services in chosen markets and create value for stakeholders, PanAfrican Capital Holdings ‘PAC Holdings’ has set up a venture capital project, to be known as The Catalyst (www.TheCatalystAfrica.com), to identify and invest in growth to product-expansion stage companies with convincing business models and market opportunities.

As a proprietary investment company with the focus to offer strategic investment solutions and unlock value across emerging and frontier markets across Africa, PAC Holdings acknowledges the vital role of technology in driving economic growth in Africa.

According to the Venture Capital in Africa Report, “90% of all reported VC deals between 2014 and 2020 were in technology-enabled companies operating across a variety of sectors. Financials accounted for the largest share of VC deals by both volume (22%) and value (26%) from 2014 - 2020, with Information Technology (18%) and Consumer Discretionary (16%) accounting for the second and third largest share of VC deals by volume within the same timeframe.” This trend is expected to continue with more opportunities for technology solutions arising in a post covid world.

Toluwalope Oni, the Global Coordinator of The Catalyst, said, “The Catalyst Project has been set up to facilitate and finance the delivery of technology enabled solutions, as well as promote African entrepreneurship. Our industries of primary focus are pivotal gears of a digital African economy, and these include finance, education, health, agriculture and logistic.”

Some of the objectives for the initiative include driving a culture of innovation and contributing to the delivery of forward-thinking market value across Africa.

“The project’s target is to inject an initial sum of $1,000,000 into ‘growth stage’ businesses that meet its criteria of; a clearly defined minimum viable product, solving a need/gap either on the demand or supply side in Africa, generating revenue enough to cover direct costs, seeking capital to boost expansion required to achieve exponential scale and little or no debt balances in the company’s balance sheet,” the Global coordinator added.

The identified sectors, given current macro-economic realities, represent the key underlying catalyst for Sustainable Economic Growth in emerging and frontier economies. Selected businesses that become successful would benefit from PAC Holdings access to an ecosystem of strategic investors & mentors, and enjoy product/service synergies.

Distributed by APO Group on behalf of The Catalyst.

Media Contact:
On behalf of PanAfrican Capital Holdings Limited
Omolola Ojo
Email: omolola.ojo@panafricancapitalholdings.com

Follow us on:
Twitter (https://bit.ly/3EQyu0j)
Facebook (https://bit.ly/3ynkWGQ) 
Instagram (https://bit.ly/3pQjEk2)

About PanAfrican Capital Holdings:
PanAfrican Capital Holdings “PAC Holdings” is a Proprietary Investment Company with special focus on Key Sectors across Africa including Financial Services, Hospitality & Entertainment, Real Estate & Infrastructure, Agro-Allied & FMCG, Healthcare, Renewable Energy, and ICT & Media.

With specialist subsidiary companies across chosen sectors. PAC Holdings is geared towards offering strategic investment solutions and unlocking value across emerging and frontier markets. The company’s corporate Head Office is in Lagos, with presence in Accra, Nairobi and Mauritius.  With Over the years, we have created strong strategic alliances with multilateral financial institutions such as African Export-Import bank, Africa Development Bank, Africa Finance Corporation, Development Bank of South Africa, Bank of Industry, Nigerian Export-Import bank and other banks across the continent.

For more information, visit www.thecatalystafrica.com

SOURCE
The Catalyst


Wednesday, February 9, 2011

110,931,700 million online visitors expected at Ghana Trade Expo



Not less than 110,931,700 million online visitors worldwide are expected to hit Ghana Trade Expo from the 25th February 2011 to 25th March 2011. This is the first ever online trade expo in Ghana coinciding with the International Trade Fair being held in Accra,Ghana from February 2011.

The objective of the expo,in the words of Duncan Abel- Executive Director of The Ghana Association of Home Based Entrepreneurs (GAHBE)(organisers of the expo),is to expose the products,services and businesses of various companies to the growing internet users from Ghana-1,297,000 million, Nigeria-43,982,200 million( as sourced from internetworldstats.com),the millions in the United States,the United Kingdom,Asian continent,the South Americas,the Carribeans and the vast African population using the power of the internet.


Click here to read the details.



Wednesday, July 7, 2010

Prestigious US$350,000 Africa Entrepreneurship Prize Launched

6 Jul 2010 16:18 Africa/Lagos


Prestigious US$350,000 Africa Entrepreneurship Prize Launched

DUBAI, UAE, July 6, 2010/PRNewswire/ --


- 2010 Legatum Africa Awards to Recognise and Reward Africa's Entrepreneurial Business Leaders. Awards Ceremony to be Hosted in Accra, Ghana

Legatum, a privately owned international investment group, and Omidyar Network, a philanthropic investment firm, today announced the launch of the 2010 Legatum Africa Awards for Entrepreneurship, one of the continent's most prestigious business awards.

The Legatum Africa Awards programme recognises and rewards African business leaders who embody the entrepreneurial spirit and demonstrate the qualities required to succeed in business - determination, a commitment to excellence, innovation and profitability. Leaders of small and medium sized enterprises (annual revenues between US$2 - 25 million) have the opportunity to submit online entries at http://www.africaawards.com until 31st August 2010. Applicants will be evaluated across a unique set of criteria to determine the winner.

"This is the third year that Legatum has offered an award for Entrepreneurship in Africa," said Alan McCormick, Managing Director of Legatum. "And over that time we have found many dynamic entrepreneurs across the continent, whose businesses are building prosperity for their communities."

Mr. McCormick continued, "The Legatum Africa Awards celebrates the very best businesses from across Africa and showcases their leadership, which through hard work, determination and a creative approach, are the foundation for their nation's wealth and well-being. Our goal is to encourage the next generation of aspiring business people and pave the way for increased investment in Africa, a continent teeming with opportunity."

The 2010 Africa Awards programme builds upon similar competitions in 2007 and 2008, and is expected to attract 1,500 entries from fifteen countries. This year, submissions will be accepted from Botswana, Cameroon, Cote d'Ivoire, Ethiopia, Ghana, Kenya, Mozambique, Namibia, Nigeria, Rwanda, Sierra Leone, South Africa, Tanzania, Uganda, and Zambia. A total of US$350,000 will be awarded to the winners, and the funds directed towards growth and strategic re-investment in their companies. Winners will be selected based on a rigorous and transparent selection process by an international panel of leading business experts.

"Omidyar Network and Legatum share the conviction that entrepreneurs are vital to creating new opportunities in Africa", said Matt Bannick, Managing Partner of Omidyar Network. "With the expanded reach of this year's awards, we will identify and support the dynamic business leaders who are driving innovation, economic growth and terrific new opportunities across the continent."

The 2010 Legatum Africa Awards will conclude with a Gala Awards Banquet in early December 2010 in Accra, Ghana. Finalists and winners will be honoured in the presence of an international audience of leading businesspeople, policymakers, and entrepreneurs.

APPENDIX

Winners will be selected on their ability to operate truly sustainable and innovative businesses and demonstrated excellence in:


- Profitability, return on investment and growth
- Investment in employees
- Making a contribution to the community
- Long-term business strategy
- Innovative and effective marketing
- Leadership, culture and values

This competition is open to all businesses meeting the following criteria:


- For-profit entity in existence for three years or more
- Located in Botswana, Cameroon, Cote d'Ivoire, Ethiopia, Ghana,
Kenya, Mozambique, Namibia, Nigeria, Rwanda, Sierra Leone, South
Africa, Tanzania, Uganda or Zambia
- Annual revenues of between US $2 - $25 million


Applications may only be submitted online at http://www.africaawards.com; the deadline for submission of applications is 31st August 2010. For more information, please contact info@africaawards.com.

ABOUT LEGATUM

Legatum is a privately owned international investment group whose primary focus is commercial investment, and which also applies its investor's expertise to a long- standing involvement in the sustainable development of communities around the globe.


For more information, please visit Legatum's website at http://www.legatum.com


ABOUT OMIDYAR NETWORK


Omidyar Network is a philanthropic investment firm dedicated to harnessing the power of markets to create opportunity for people to improve their lives. Established in 2004 by eBay founder Pierre Omidyar and his wife Pam, the organization invests in and helps scale innovative organizations to catalyze economic and social change.


To date, Omidyar Network has committed more than $370 million to for-profit companies and non-profit organizations that foster economic advancement and encourage individual participation across multiple investment areas, including microfinance, property rights, government transparency, and social media. To learn more, visit http://www.omidyar.com.


MEDIA CONTACTS



Hamish Banks
Legatum
Dubai
Tel: +971-4-317-5800
hamish.banks@legatum.com

Kelly Mason
Omidyar Network
Redwood City, CA
Tel: +1-650-482-2566
kelly@omidyar.com

PROGRAMME MANAGEMENT
Alex Cudaback
Jamestown Exploration Company
Middleburg, VA
Tel. +1-540-687-8690
alex@jamestownexploration.com

Source: 2010 Legatum Africa Awards for Entrepreneurship

Hamish Banks, Legatum, Dubai, Tel: +971-4-317-5800, hamish.banks@legatum.com; Kelly Mason, Omidyar Network, Redwood City, CA, Tel: +1-650-482-2566, kelly@omidyar.com; PROGRAMME MANAGEMENT, Alex Cudaback, Jamestown Exploration Company, Middleburg, VA, Tel. +1-540-687-8690, alex@jamestownexploration.com


Releases displayed in Africa/Lagos time
6 Jul 2010
16:52
Lancement du prix prestigieux Legatum pour l'entreprenariat en Afrique d'un montant de 350,000 US$.
16:18
Prestigious US$350,000 Africa Entrepreneurship Prize Launched
16:12
Continental Airlines Announces New Daily Service From New York Hub To Cairo, Egypt
13:00
QIAGEN Announces CE Marking of its careHPV Test for Developing Countries
5 Jul 2010
20:46
Darfur / UNAMID JSR honoured
13:46
The week ahead at the United Nations: the European perspective (26/10)3-9 July 2010 (and beyond)