Sunday, 26 July 2015

The Global Entrepreneurship Summit, in Nairobi.


It is widely accepted that entrepreneurship is the gateway to effective economic development anywhere in the world. It is an undisputable fact today that Nigeria is in a desperate need of innovative, well informed and dynamic youths and entrepreneurs as the drivers of an economy projected by Goldman Sachs, a renowned US based investment giant to be among the first 20 economies in the world by the year...
2020.
A handful of people have been doing a lot on this in Nigeria, as there are great initiatives working towards creating an enabling environment for entrepreneurship to thrive, as well as the proliferation of entrepreneurs. At this time however, let me borrow a leaf from a strategic event on going in Nairobi, Kenya. I have curled an excerpt from Sir Steve Masiyiwa, an entrepreneurship strong voice of renown from Kenya that I have followed on Facebook for a while now and I so much admire. Reporting the event, he said:

“It is one of the most important developments for entrepreneurs this year:
It is the Global Entrepreneurship Summit (GES), which is being held in Kenya (‪#‎GES2015KENYA)
Some of you may already have heard of this important event, which is also being attended by U.S. President Barrack Obama.
As I have said before, if you are an entrepreneur or desire to be an entrepreneur one of the most important skills you need is the ability to "network" with other entrepreneurs, financiers, investors, business leaders, policy makers and civil society leaders. This you can do by attending such gatherings, whether they are local, national or international.
This is part of "investing" in your own success: You need to listen to others, and also exchange ideas.
When you are not able to attend such gatherings for whatever reason including financial, then follow the event using social media, and Youtube.
GES is one of the most important events for entrepreneurs that takes place anywhere in the world. The Summit was started by President Obama in 2009 to foster entrepreneurship and it has been hosted every year in different countries, such as Turkey, the US, Malaysia etc. This year it is in Kenya – the first time it's taking place in Sub-Saharan Africa.
There are thousands of delegates that have arrived here in Nairobi, and most of them are young business and social entrepreneurs, and virtually every African country is well represented, as well as Europe, Asia, the U.S., Latin America, and the Middle East. I have never seen anything like it, and it has not even started. It feels like going to the Olympic Games!
‪#‎YOUNG ENTREPRENEURS HAVE LITERALLY TAKEN OVER NAIROBI.
Following my arrival in Nairobi on Thursday afternoon, I immediately went to speak at an event organized by the Case Foundation, called "Unleashing Entrepreneurship". Although not part of the main event of GES, it is one of many events leading up to the opening of GES on Saturday.
I shared a panel discussion with Jean and Steve Case, the founders of America Online (AOL) – one of the great businesses that developed the early phase of the Internet industry, and became a multi-billion dollar business.
Jean and Steve are passionate philanthropists who dedicate their time and considerable fortune helping your entrepreneurs around the world. They are passionate about Africa.
# we discussed the challenges of helping young entrepreneurs get capital for their projects.
# we urged banks to change the way they approach lending, so they can accommodate the needs of young entrepreneurs.
# we called for the development of venture capitalists to set up special funds to help early stage entrepreneurs.
# we called on governments to do more to recognize the role of women entrepreneurs across Africa.
# we called on governments to ensure that traditions, and legal barriers that prevent women from accumulating wealth be dismantled immediately.
# we must not treat women in the small enterprise sector (including smallholder farmers) as though they are invisible. We must empower them with resources and training, and we must treat their activities with respect. We must also recognize that they contribute far much more to economic activity and employment creation than is often acknowledged".

We need to make this happen here; we need to bring this event to Nigeria.

No comments:

Post a Comment