ACCELERATING INNOVATION BASED ECONOMIC GROWTH IN AFRICA- Catalysing African Early Stage Investment, Real Challenges with Entrepreneurship in Africa

Press Release 

Under the aegis of the Tunisian government , Ministry of Communication and Numeric economy and Ministry of Investment, Development & International Cooperation,  StartupgateX is organizing "AFRICA STARTUP GATE SUMMIT" on 25-26 June 2019; a summit for startups and innovative projects in Africa. This Summit will have the first objective of accelerating the financing of brillant startups and project initiators among African youth.

This is why this summit will focus on:

  • The gathering and encouragement of investors from Africa and the rest of the world to invest locally in Africa,
  • The presentation of innovative projects of young Africans in new technologies,
  • Offers and financing mechanisms on the African continent and emerging alternative financial solutions.

This summit will be the ideal forum for the exchange of opportunities and meetings between pan-African economic development organizations, bankers, venture capitalists, investment funds, start-ups and young African project initiators. Through this type of rapprochement between the different actors interested in the African market, the organizers of this summit aim to facilitate the launching of large projects based on the innovations developed by Startups and Young African project holders.

This first edition will also be an opportunity for some sub-Saharan countries to present their Economic Development Plans, structuring investment projects especially in PPP, as well as the latest trends in new technologies and the digital transformation affecting the African economy. In the presence of Pan-African financial institutions and a large number of economic operators, workshops in acceleration of investment in projects for Africa will be organized. This will make it possible to take advantage of the synergies that will be created in the continent and between the various actors present especially that the current African context is marked by the commitment of several African governments in proactive policies encouraging the involvement of the private sector in the financing of projects structuring public.               

The summit will bring together about 500 international executives and decision makers and 100 African project leaders. The first edition of the summit will be honored by the presence of investment and international cooperation ministers, information and communications technology ministers and digital economy ministers from around the world.

The summit will also be attended by the bosses of pan-African and international financial institutions, CEOs and experts.

Through the quality and diversity of the profiles of its participants, this major African event will offer a unique opportunity to reflect on the best arrangements and means of financing to support the hoped development of intra-African trade and investment.

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