You can also help entrepreneurs directly with funding and with your expertise. Sustainable Technology for Africa and the OVO Acceleration Fund are the the levers.
Would you like to cooperate with OVO to stimulate entrepreneurship in countries where it isn’t that much in evidence? You can do so as a volunteer, as a business and as an ambassador.
From 17 to 23 November, Entrepreneurs for Entrepreneurs will again land in the Ugandan capital Kampala for the second Sustainable Technology for Africa event. OVO wants to boost local innovative entrepreneurs.
The call for projects for the first Sustainable Technology for Africa event in the Rwandan capital Kigali is a huge success. More than 100 projects have been submitted. Not an easy task to select the 10 best entries.
Thierry Deflandre, head of the OVO Investment team, will give a presentation on how OVO screens, coaches and co-finances local African entrepreneurs during the four-day course 'Doctoral School Plunge into your own business' of the University of Ghent.
The project of Matunda Ventures is financed with the support of OVO. Matunda Ventures is a social business start-up that wants to use the production of fruit snacks to expand the socio-economic opportunities of farmers and young people in the Teso region, known as the fruit basket of Uganda.
'Economics is about people. It is a social science, not an exact science'. ChairmanLuc Bonte of Entrepreneurs for Entrepreneurs liked to quote from the recent book 'Gigantism' by Geert Noels at the general meeting of OVO. Some 100 listeners showed up at Puilaetco Dewaay's premises in Brussels.
Moulin du Nil Blanc Ltd' (MNB) from Rwanda is the first project financed by the OVO Acceleration Fund of OVO. "It is a very important step for the OVO Acceleration Fund," says general manager Björn Macauter, who points out that in the near future several African social and sustainable entrepreneurs will be eligible for financing.
Innovex in Uganda, a specialist in data processing and monitoring of solar energy systems, has concluded a financing deal with four Belgian entrepreneurs. Entrepreneurs for Entrepreneurs (OVO) facilitated the agreement.
Akaboxi, that offers small farming communities a digital system to ensure financial inclusivity, won the first Sustainable Technology for Africa award in Uganda. Entrepreneurs for Entrepreneurs (OVO) thereby opened access to wider transfer of knowledge and a social loan.