Team RM and UNTAPPED are seeking to connect African start-ups with Business Angels

 The think & do tank Team RM (www.TeamRM.org), keeps its word! As announced at the end of its webinar on real economy players, the think & do tank continues to work with its partners to implement the recommendations resulting from this webinar. To this end, Team RM is launching a major entrepreneurial program entitled African Program for Investment in Entrepreneurship (Team RM- PAIE). Its objective is to advise, coach, and help competitive young entrepreneurs from the African continent, particularly from Benin and Togo, to access appropriate financing through several components.

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One of the instruments of Team RM- PAIE is the fundraising call for projects initiative, “The Nest Francophone Africa”, whose process has just been launched. This initiative is the fruit of the partnership sealed between Team RM and UNTAPPED, an international impact technology company. In addition to building on the recommendations of the previous webinar, The Nest Afrique Francophone is an efficient tool deployed to enable competitive African start-ups to benefit from financial instruments that can help them develop their business.

While we are pleased with the outcome of the webinar, which had the merit of highlighting the essential role played by real economy actors in the resilience of our economies towards post-COVID, the Team RM is also pleased to have contributed to the accompanying measures taken by governments and international organizations. Other measures are also being developed and are being closely monitored by Team RM and its partners.

“The Nest” is a framework for connecting young entrepreneurs with potential business angels. Business Angels – in order to raise finance for innovative and profitable projects. These young entrepreneurs from French-speaking Africa in general and Benin and Togo in particular will have the opportunity to access adequate financing from investors around the world.

With already ten editions of The Nest, for the benefit of English-speaking countries and in view of the many entrepreneurs already supported, the first French-speaking edition will be held in July 2020.

As mentioned during the webinar and announced at its conclusion by the honorary president of Team RM, Mrs. Reckya Madougou, this program to finance the competitive entrepreneurs of THE NEST is the fruit of the commitment of the think & do tank Team RM to promote and boost the potential of African youth, an ambition that is in line with the objective pursued by the CEO of UNTAPPED, investor Jim Chu.

To this end, a call for projects has just been launched. It is addressed to young Africans from French-speaking countries, particularly Benin and Togo, who are looking for funding for innovative, productive, and profitable initiatives and projects. The framework for participation to the competition is available on the website www.TeamRM.org.

The pre-selected competitive project leaders will be coached by the RM Team on how to present their projects and will be invited to participate in a fundraising videoconference session.

The principle is simple:

  • 1 hour of the video conference on Zoom
  • 2 to 3 entrepreneurs presenting their projects in a few minutes to 3 Business Angels
  • 50-100 active guests in the audience.

On July 21 and 22, The Big 5 Digital Festival Africa (www.TheBig5DigitalFestivalAfrica.com), a new online platform powered by The Big 5, the largest portfolio of construction events in the Middle East, Africa, and South Asia, will bring together thousands of construction professionals for two days of networking, learning, and business-making in Africa.

The digital event, the first of its kind supporting the infrastructure and construction communities across the continent, aims to build resiliency, boost the industry’s recovery efforts, and help plan ahead for the post-Covid-19 era, connecting businesses and professionals in a safe and convenient way.

One hundred providers of construction solutions from around the globe will present their latest products across the two days of the event. The goal is to establish new business relationships and reinforce the supply chain’s resiliency in a market, the African one, where infrastructure spent in 2021 is expected to increase by 10.8% YoY, according to ABiQ.

Beyond innovative product demonstrations, The Big 5 Digital Festival Africa will deliver insight, inspiration, and direction through a broad education agenda. With an emphasis on business continuity, infrastructure development and investments, digitalisation, governance, and sustainability, the event’s program provides on-point information and intelligence to industry players already active or interested in entering the African market. Confirmed speakers include Ministerial representatives as well as thought leaders from across Africa and beyond.

Muhammed Kazi, Vice President at dmg events, the organisers of The Big 5 Digital Festival Africa, says: “We are thrilled to leverage on our 40 years long experience as organisers of construction events to launch a digital platform serving the African and global construction community during these unprecedented times. The Big 5 Digital Festival Africa aims to help infrastructure and construction stakeholders in Africa reconnect again through over 15 hours of quality networking opportunities, join forces, get inspired, and envision novel solutions for the industry’s future.”

Mr. Abdulaziz Nasser Al Khalifa, Chief Executive Officer, Qatar Development Bank, states: “Qatar Development Bank (QDB) was established in 1997 as a developmental organization with the primary objective of empowering Qatari entrepreneurs through a wide range of financial, business, incubation, and technical support services, as well as access to local and international markets, while accelerating the growth, development and diversification of the SME ecosystem and the country’s economy. QDB launched the export development agency ‘Tasdeer’ in 2011, to develop and promote non-hydrocarbon exports from Qatar in international markets and service all Qatari exporters. We are participating at BIG5 Digital Festival Africa with 20 Qatari Manufacturing Companies who are targeting the African market as the continent is increasingly seen as the next frontier for economic growth and development.”

Benjamin Gossage, B2B Sales & Marketing Director at Canon Central and North Africa, said: “We are excited to join The Big 5 Digital Festival Africa to effectively and conveniently engage with thousands of industry professionals in Africa, ignite their imagination, boost operational efficiencies, and drive business success thanks to Canon’s creative applications.”

The Big 5 Digital Festival Africa is free to attend and supported by Platinum Sponsors Toolkit, Canon, Decoral System, METALCO Srl, and Qatar Development Bank (QDB), and Gold Sponsors Everest, Gulf Acrylic Industries, Therra Wood, Wonderfloor, MIAKOM, and Shamal Plastic Industries.

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