18/08/2023
🌍 : Collaborative Success for Sustainable Impact!
The Africa Summit on "Global Vision, Local Action: Repositioning the African Development Ecosystem for Sustainable Outcomes" (ASIS2023) has concluded with a resounding impact!
Deal Room Highlights: Partnering with the African Venture Philanthropy Alliance and the Sterling One Foundation, the ASIS 2023 Deal Room was a dynamic hub of innovation. Among 450 applications received, 15 exceptional companies were selected following a rigorous vetting process.
UNIDO ITPO Nigeria's Impact: 9 businesses from our UNIDO ITPO Nigeria network embraced the challenge, with 4 outstanding ventures—Koolboks , Paperbags by Ebees, Printivo, and GIVO Africa —pitching their ideas with conviction.
Investment Anticipation: We eagerly await the investment commitments to be announced in three weeks, setting the stage for transformative opportunities.
Empowering Excellence: Notable among our achievements is the recognition of Paper bag by Ebees, selected to receive valuable technical assistance and a thorough valuation courtesy of one of the Deal Room investors. This tangible support underlines our dedication to nurturing promising ventures and propelling them towards resounding success.
Inclusivity at Heart: Our commitment to inclusivity shone through via the creation of a buffer list. This specialized list serves as an avenue for non-shortlisted companies, with a particular emphasis on UNIDO founders and exceptional female entrepreneurs. These businesses will remain in our considerations for future funding matchmaking opportunities beyond ASIS 2023, ensuring that their potential continues to thrive.
As we express our heartfelt gratitude to all participants, partners, and collaborators, we understand that ASIS 2023's impact is merely the initial step. Together, we've ignited a flame that will continue to drive sustainable development, innovation, and collaboration across Africa and beyond.
UNDP
Matthias Schmale