The African Entrepreneurship Programme (AEP) will be a new initiative between Pitch@Palace and The Global African Investment Summit (TGAIS) designed to develop the African private sector and stimulate innovation and technology throughout the continent. The AEP will support African entrepreneurs and young businesses in need of capital and mentorship to develop their businesses by giving them the opportunity to present and connect with potential investors.
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Paul Sinclair, Director of TGAIS, said: “The Programme is greatly honoured for The Duke of York’s commitment to support entrepreneurship in Africa.”
HRH, former Nigerian President Olusegun Obasanjo and Mr Aliko Dangote, Africa’s most successful entrepreneur, will aim to provide ongoing support for young businesses and entrepreneurs selected by the Programme.
“Africa is a continent of growth and home to the world’s youngest population. We are very pleased to support Africa’s growth and develop its workforce through the AEP,” said Olusegun Obasanjo.
This year, The Global African Investment Summit will facilitate a meeting between young AEP entrepreneurs and businesses in order to showcase their business ideas to potential investors. Last year’s TGAIS attendees attracted 235 billion USD worth of managed funds.
The top three most talented entrepreneurs will present their business proposals to an audience of potential investors, mentors and CEOS at a Pitch@Palace event in London on the 1st December 2015.