AFRENCO is an independent organisation, conceived to nurture African startups and connect them to local and global trade networks and opportunities. The organisation brings together hundreds of the world's most influential policymakers, experts and decision-makers to drive entrepreneurial development on the continent, and to craft and lead the economic, industrial and social renaissance of a new, digitized and integrated Africa.
Our work in intensifying private-public partnerships, intra-regional trade and entrepreneurship in Africa is achieved through six flagship initiatives. When investing in our initiatives, partners are provided with periodic reports detailing regional statistics and indicators for informed economic, social and environmental decision making. We also organise site tours so investors can see first-hand how their support is transforming lives and bringing change to the poorest communities in Africa.
Growfund is a Venture Capital partnership between AFRENCO and a leading private equity firm. The core objective of this fund is to help top-tier companies invest their Enterprise and Supplier Development budgets effectively in startups that have high-growth potential. The fund also offers Supplier Finance - a product aimed at ensuring that startups have the capacity to carry out the awarded procurement contracts.
Enterprise Warehouse is an incubator that enables our startups to successfully deliver contracted projects. The incubator also allows the private and public institutions to conduct business with approved contractors and suppliers in a confident manner knowing that the signed service agreements will be sustained and the promised project delivery will materialize repeatedly, on time, on specifications, and within costs.
Small Business & Franchise Expo is Africa's leading and most authentic conference and exhibition for entrepreneurs, small business owners, co-operatives and franchisees. Attracting delegations from across the globe, this tradeshow is where strategic business alliances are created and the modern, cutting-edge innovations are uncovered - accelerating the transition of new technologies from the research labs to the end user.
Global Trade Exchange is a series of large-scale tradeshows in agriculture, energy, infrastructure, mining, tourism, transport, technology and retail. The series is designed to showcase the success stories and job-creation opportunities that arise from intra-Africa trade partnerships and public-private investments aimed at benefiting innovative startups and entrepreneurs in key sectors of the African economy.
Enterprising Africa is a quarterly magazine published to cover real issues and correct many misconceptions associated with Africa. The magazine delivers the best trade and investment features and current news content. It also spotlights essential opportunities offered by key stakeholders in development, as well as positive commentaries on African achievers who helped shape the African dream by building world-class careers and companies of their own.
My Biz Times is a monthly newspaper published to inspire and enlighten a dedicated readership of aspiring and emerging leaders and entrepreneurs. As a unified voice for startups, My Biz Times delivers simplicity - best practices, tips, tools, strategies and perspectives about the world of entrepreneurship. The newspaper fuels the creativity of young job-creators and satisfies the passions of the truly entrepreneurship-obsessed across Africa.
AFRENCO is a target-driven organization that helps innovative startups compete and thrive - by providing mentorship and training; improving corporate branding and visibility; facilitating access to capital and technology; sourcing cheaper supplies; and finding larger trade deals. Since launching in South Africa in 2011, our model has already helped create more than 750 sustainable jobs, providing gainful employment to marginalised communities throughout Africa while contributing to the continent's economic and social development. We work in four key stages and track key indicators across the network every month to measure our impact:
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