Africa investor hosts Business and the MDGs panel during UN General Assembly and the 2010 Sukuma Africa Young Entrepreneur’s MDGs Competition at New York Stock Exchange
London, Beijing, Johannesburg, Lagos, Nairobi, Casablanca, New York, 17 September 2010: Africa investor (Ai), a leading international investment research and communications group, today hosted the long-awaited announcement of the winners of the Sukuma Afrika Young Entrepreneur’s MDGs Competition in a ceremony which formed part of a high-level working lunch on investing in the Millennium Development Goals (MDGs) at the New York Stock Exchange.
This awards coincided with the UN General Assembly week, which is focusing on the acceleration of the attainment of the MDGs. With the 2015 deadline for the MDGs fast approaching, Africa is still lagging behind in its quest to achieve these goals. Now, more than ever, Africa needs investment from the private sector and forward-thinking young leaders to forge ahead in creating the necessary business environment. The Sukuma Afrika Young Entrepreneur’s MDGs Competition recognises outstanding commercial initiatives and projects that support the attainment of the MDGs in Africa. Ultimately, entries also act as a means of inspiration for young entrepreneurs in and outside the continent, and act as an opportunity for Sukuma Afrika’s network of investors to support and fund the most impactful business plans.
The competition is open to young entrepreneurs, up to the age of 35, who have initiated a business scheme that directly contributes towards one of the 8 MDGs. There are five categories in the awards, each dedicated to the goals. After an extensive judging process, a shortlist of ten was determined, from which the winners were selected. Each of the winners was chosen on the basis of the strength of their project and its demonstrable commitment to the MDGs.
Winner of the best initiative in support of Millennium Development Goal 1: Elorm Goh, for Food Transactions Limited. This innovative project recognises the need for improvement in the marketing and development of Ghana’s agricultural products.
Winner of the best initiative in support of Millennium Development Goal 2: Ntombenhle Khathwane, for Bhala Africa Stationery & Publishing. This impressive sales model ensures that access to educational resources can be provided to all South Africans.
Winner of the best initiative in support of Millennium Development Goal 3: Mourad Hamida, for Cooperative Tazgamout. Aiming to empower and improve the livelihood of Morocco’s women, this initiative exploits the natural properties of argan oil.
Winner of the best initiative in support of Millennium Development Goal 4, 5, 6: Ernest Jura, for Collabmed Solutions Limited. Recognising a vital gap in the market, this Moroccan projects aims to improve patient care by creating integrated solutions that efficiently and effectively manage healthcare information.
Winner of the best initiative in support of Millennium Development Goal 7: Kalama Charles Wamukoya, for Ecopost. Sustainable lining underlines this initiative, which recycles consumer waste plastic into aesthetic, durable and environmentally-friendly fencing posts. In so doing, it also contributes towards the conservation of Kenya’s forests and water catchment areas.
The judging panel for the Sukuma Afrika Young Entrepreneur’s Competition is made up of a dynamic group of established business leaders, including Desi Lopez Fafie, Managing Director, Oracle Africa; Chairman, Junior Achievement Africa; Acha Leke, Partner, McKinsey & Co; William Asiko, Director, The Coca-Cola Africa Foundation; Diana Taylor, Managing Director, Wolfensohn Fund Management, L.P., Board Member, Citi; Charles Akelyira, Director, UN Millennium Campaign Africa; Futhi Mtoba, Chairman, Deloitte South Africa; Hubert Danso, Managing Director, Africa investor; Ato Afful, Managing Director, Dialog; Iqbal Survé, Chairman, Sekunjalo Capital and Dr. Pauline Jansen, President, Africa Youth Foundation.
Commenting on this year’s winners, Hubert Danso, Vice Chairman and Managing Director of Africa investor, and Chair of the Sukuma Afrika judging panel, said; “The importance of what Sukuma Afrika is achieveing with its Young Entrepreneur’s Competition cannot be overstated. In recognising these impressive young business leaders for their efforts in attaining the MDGs, Sukuma Afrika can only contribute towards Africa’s development and the pursuit of poverty eradication across the continent.”
This presentation was held during the Africa investor Index Series Summit and Awards, which take place annually during the UN general Assembly in New York. The event profiles African capital markets and stock exchanges, as well as the continent’s leading listed companies.
Sukuma Afrika partners and sponsors inciude: The UN Millennium Campaign; The Coca-Cola Africa Foundation; Nestlé; Citi; SAB Ltd; Africa investor; The Crossland Group; Instinct and The UN Office for Partnerships.
For further information on Sukuma Afrika, please contact Magali Bongrand on +33 9 70 44 07 16, or Catherine Wright at Africa investor on:
Tel: +27 (0) 11 783 2431
Fax: +27 (0) 11 784 5569
About Sukuma Afrika – www.sukumaafrika.org
Sukuma Afrika is an initiative designed to facilitate networking, dialogue, information, mentoring and access to finance for entrepreneurs with projects in Africa that impact the Millennium Development Goals (MDGs) – the eight UN goals to half poverty worldwide by 2015. Sukuma Afrika was established with the support of Africa investor and Instinct from France, in partnership with the UN Millennium Campaign, in recognition of the critical role young entrepreneurs and the Diaspora will play as the generation that will be responsible for reaching the MDGs in 2015.
About Africa investor – www.africa-investor.com
Africa investor is a specialist investment communications firm advising governments, international organisations and businesses on communication strategies for capital market and foreign direct investments in Africa. Africa investor publishes Africa investor, the leading international newsstand magazine for Africa’s investment decision makers; maintains the Africa investor 40 Investors’ Index, hosts the Ai Index Series Summit & Awards and the Africa investor Infrastructure Projects Summit & Awards, amongst other events.
Become a fan on our Africa investor Facebook page by clicking here: Ai Facebook