African Hidden Champions hosts first regional reception for 2023 in Nairobi | African Growth Financial institution

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African Hidden Champions (AHC), an initiative that promotes dynamic African firms and helps them on their path to international management, held its first regional occasion of 2023 in Nairobi, Kenya. The occasion offered a platform for AHC to share its imaginative and prescient with enterprise executives from the area.

The Nairobi reception marked the African Growth Financial institution’s first official engagement with AHC, as new co-partner within the initiative with Africa Foresight Group (AFG) and DEG, Germany’s Funding and Growth Company. 

Based in 2020, AHC has up to now chosen greater than 20 high-performing Hidden Champions throughout Africa, working in numerous sectors, from companies, manufacturing, power and retail, to prescribed drugs, cars and schooling. AHC founders share an intense dedication to progress by means of efficiency, innovation and a stable basis.

“We’re excited to kick off our regional engagements in Nairobi. Having chosen a few of our Hidden Champions from Kenya, it was solely becoming for us to start our 2023 engagements right here.  With these engagements, our intention is to alternate concepts and community with key stakeholders as we discover methods by which we will contribute to the expansion of African companies. We consider that by creating an environment the place completely different enterprise leaders meet, we can create lasting options and partnerships, stated Yasmin Kumi, AHC Co – Founder and CEO Africa Foresight Group.

The AHC initiative seeks to boost consciousness, by means of numerous media, case research, regional occasions and its annual summit, of the distinctive position that AHC firms have performed of their dwelling markets and the way they’re constructing the muscle for fulfillment throughout the continent and past. 

“We’re dedicated in our assist for the expansion of African companies as they increase past their borders and into the worldwide market. In supporting these companies, we acknowledge the direct hyperlink between profitable home-grown firms and the rise of a rustic’s GDP, “stated Franziska Hollmann, Director Industries & Providers Africa & EMECA – DEG.

“The African Growth Financial institution has constantly dedicated funds and technical experience to African firms and governments to be able to quick monitor the continent’s industrialization. Our expertise lends to this worthwhile AHC initiative the chance to increase to extra markets,  Thomas Viot, Chief Funding Officer on the Financial institution Group, famous.

The AHC intends to carry regional receptions in different key African cities because it continues deciding on and sharing new Hidden Champions.


About AFG

Africa Foresight Group (AFG) is a women-led firm based in 2016, that’s on a mission to construct African individuals and firms into international champions. The enterprise delivers high skilled companies to African firms throughout the continent by means of a versatile expertise platform referred to as Peralta. Based in 2016, the corporate has grown to assist companies in additional than 20 African markets and works for greater than 100 purchasers from Africa and the world over. The corporate was began in Ghana, and has areas in Accra, Johannesburg, and Lagos.

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About DEG

For nearly 60 years, the DEG has been a dependable accomplice to private-sector enterprises working in growing and emerging-market nations. With a portfolio of round EUR 9 billion in roughly 80 nations, the DEG is likely one of the world’s largest private-sector improvement financiers. The DEG offers purchasers with tailored options, together with financing, promotional applications, and recommendation required to develop efficiently and sustainably whereas producing native added worth and creating certified jobs.

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