Entrepreneurship for African development

For several years now, FERDI's work in partnership with Investisseurs & Partenaires (I&P) has been highlighting the need for private enterprise development, highlighting the social and economic impact of SMEs in Sub-Saharan Africa and their role in the economic development of countries.

At the same time, FERDI has developed several Chairs linked to private sector development: The Impact Investing Chair, the Digital Trust Chair and the Chair of Agricultural modernisation policies in Africa. The Chairs are a tool for influencing and supporting decision-making in both the public and private sectors. Their work is conducted with an operational focus.

Achievements 2023-2024

As part of a collaboration with the WAEMU Commission, the Chair has conducted a study on structuring a fund for private companies in the agricultural, agro-industrial, and livestock sectors. The Chair proposes a blended finance model to reduce risks for private investors and mobilize additional funding for the African agricultural sector. This tool will be presented and discussed at a conference in June 2024.

International conference on digital trust was held at ENSEA in Abidjan. The conference, inaugurated by Nialé Kaba, Côte d'Ivoire's Minister for the Economy, Planning, and Development, provided a platform to present and discuss the findings of the book "Mobile Phones and Development in Africa: Does the Evidence Meet the Hype?" Discussions highlighted the potential of mobile telephony, the importance of digitizing SMEs, the state's utilization of digital technology for resource management, and the internet's role in democracy. A detailed report is accessible on the FERDI website.

Studies are underway to assess the impact of digital connectivity on agricultural markets, household welfare, and farm productivity in the WAEMU region.

A comprehensive map detailing impact investors active in Africa has been compiled, listing over 300 investors. This initial output will be presented at an event in Abidjan on 20 June 2024.
 

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