Kenya to become the epicentre of pioneering African business futures with Africa@Scale 2024

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In partnership with African Development Bank (AfDB), Africa Hidden Champions (AHC) and the Deutsche Investitions-und Entwicklungsgesellschaft (DEG), the Africa Foresight Group (AFG), proudly announces the highly anticipated return of flagship event, Africa@Scale 2024, “Pioneering African Business Futures.”

This third edition of Africa@Scale offers an immersive in-person experience that aims to bring together a number of their African Hidden Champions along with other African Businesses. There are 50 African Hidden Champions members with an impressive, combined revenue of $16 billion across 16 African markets. The African Hidden Champions Initiative is a platform that assists homegrown African companies become global champions by providing resources and connections to the international market.

This inspiring invitation-only gathering of top African homegrown business leaders and partners will be held in the historic coastal town of Malindi, Kenya, from October 10 to 12, 2024. The event will help these businesses grow by exposing them to new and exciting ideas and opportunities.

“Pioneering African Business Futures, Africa@Scale 2024 is catalyst for continental transformation,” said Yasmin Kumi, CEO of Africa Foresight Group. “By uniting Africa’s top business leaders and innovators in Malindi, we’re creating a unique platform to address the continent’s most pressing business challenges and ignite unprecedented opportunities for growth.”

The three-day summit is structured around key themes that align with the overarching vision of pioneering the future:

1. Vision Day (October 10): Building companies of the future

2. People Day (October 11): Creating workforces of the future

3. Leader Day (October 12): Defining purpose and meaning for future-ready leadership

Attendees can expect thought-provoking conversations in refreshing workshop-style formats on scaling businesses with leaders who have done so themselves, fresh insights from top experts, and networking opportunities with potential funding partners eager to fuel growth across the continent.

Respected speakers lined up for this event include Richard Rugendo, the managing director of Kevian Limited Kenya, Umnia Mahgoub of Mahgoub Sons Group (Sudan) and Edmund Poku, CEO of Niche Cocoa (Ghana).

Africa@Scale 2024 comes at a crucial time when the continent faces both challenges and immense potential. With 18 million Africans entering the labour force annually and only 3 million new jobs created each year, the need for pioneering new business models and accelerating private sector growth is more pressing than ever.

As the host town, Malindi symbolises Africa’s rich history of global trade and its potential. Once a wealthy kingdom with bustling trade ports in the 15th century, Malindi now serves as the backdrop for discussions shaping the next chapter of African entrepreneurship and global partnerships.

For more information about Africa@Scale 2024, including registration details and partnership opportunities, please visit africaatscale.com

About the Organisers and Partners:

About DEG

For almost 60 years, the DEG has been a reliable partner to private-sector enterprises operating in developing and emerging-market countries. With a portfolio of around EUR 9 billion in approximately 80 countries, the DEG is one of the world’s largest private-sector development financiers. The DEG provides clients with tailor-made solutions, including financing, promotional programs, and advice required to develop successfully and sustainably while generating local added value and creating qualified jobs.

For more information: www.deginvest.de

About the African Development Bank Group

The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 44 African countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states.

For more information: www.afdb.org

About Africa Foresight Group:

Founded in 2016, Africa Foresight Group (AFG) is a leading market network offering top-tier business advisory services through vetted talent. AFG is committed to creating sustainable pathways for the development of the African business landscape through its three major offerings: African Hidden Champions, a platform for elevating homegrown African businesses into global champions; Peralta, a talent management and consulting platform connecting African businesses to top talents; and AHEAD, a tailor-made business training platform for upskilling African talents for the global market.

For more information: www.Africaforesight.com

 

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