Post on 01/06/2017 https://www.linkedin.com/post/edit/6275982994779971584
The line announcing JAMBO (Swahili salutation) got hundreds of clicks and here I congratulate those who kindly showed interest and commented on. Below, the key questions.
Africa has made the headlines, again, as a Continent of opportunities, since President Obama’s announcement $ 2.5 billion Programme Power Africa Initiative, while visiting the Continent in 2013.
We found out it very attractive Africapitalism, Mr.Elumelu – Nigerian tycoon and banker – idea (2014) on how to promote African entrepreneurial spirit: “There are some areas — flood disasters, for instance — where you must give charity. But I think the charity approach to solving other issues must be reassessed. It’s all about sustainability; it’s all about self-reliance”.
The demographic trend is the basic data to look at, to catch the economic development’s challenges. According to UN, Africa’s population has been exploding and the unemployment rate among youngsters is alarming; the Continent shall see its current population of 1.2 billion double by the year 2050. That’s an expected growth of 42 million people every year”. The importance and the implications of above data don’t need to be emphasised.
The FUND will provide financial resources to Underserved Customers, as per Basel III financial inclusion’s definition, namely, the small and medium business that are the backbone of the countries’ economy. It will do it by assisting (parallel objective) MFI/Finance Providers to achieving a performing position in the market, in the projection that the sector will face challenges in the following three big areas: UNDERCAPITALIZATION, DIGITALISATION and MANAGEMENT.
We have finished the job and are ready for comments, inquiries and feedback from truly interested Firms, Private Investors, Institutions, Donors, Funding Agencies, Organisations, etc. and provide them with the Project-Document: firstname.lastname@example.org