Author Archives: Paul Ndiho

Nigeria’s IGP says the government is focusing on preventing other attacks

Boko Haram UpdateBy Paul Ndiho, Abuja, Nigeria
Last week more than 60 women and girls managed to escape from the Nigerian Islamist group Boko Haram. They’re among several hundred that have been abducted in different parts of North Eastern Nigeria. However, Boko Haram is still holding more than 200 schoolgirls abducted in April.
Boko Haram triggered an international outcry when it captured more than 200 schoolgirls in Borno State’s Chibok town. It’s been nearly three months and still no news of their release. Parents of the abducted schoolgirls, concerned citizens and human rights activists are still pleading for action. I met up with the group in Unity Park in central Abuja over the girls, chanting: “Bring back our girls now and alive. Moreen Kabrik is one of the activists.

“We’re still carrying on with our campaign because our mission, our purpose of coming here everyday has not been achieved. The essence of our coming out here everyday is to serves as a reminder to each one of us as citizens of Nigeria, that something is wrong; our sisters are still being abducted. They haven’t come back yet to their parents and I think there is a need for us to continue coming out here.


A campaign to “Bring Back Our Girls” is still concerned over the kidnappings, the vulnerability of the girls and the brutality of the attackers. Aisha, another “Bring Back Our Girls” activist says the government is not doing enough.

“Initially the government said that they were doing everything they can, but we want to see results. We don’t want a situation where we see motion without movement. We want movement of the girls back to their parents and basically what the government is doing is trying to fight us.
In light of the recent developments including the bombing carried out by Boko Haram at Banex plaza, a popular shopping centre in the heart of the capital, Abuja — where at least 21 people died and several others injured, the government and security agencies continue to face criticism both at home and abroad – over how they have dealt with Boko Haram militants and the Kidnapped girls. However, the government says it’s fighting back. Mohammed Abubakar is Nigeria’s Inspector General of police or IGP.

“People don’t have a basic understanding of what terror is. You need to understand what terror is, their belief. It’s an ideological belief that they believe in and as far as I’m concerned, I know we have done so much. Not only as the police but all the security agencies, particularly the police as the lead internal security agency. So much is being done in terms of deployment, in terms of intelligence and terms of surveillance – Otherwise, the attacks could have been much more than this…”

The militant Islamist group Boko Haram has increasingly targeted civilians in its bloody five-year insurgency. Critics of the government say there are raising public anger over government’s inability to protect citizens from violent attacks. The Inspector general of police and other security agencies are focusing on preventing other attacks

“In recent times, we have had several arrests made in different states that prevented other attacks. But generally we’re doing everything to reassure the public that the government is on top of the security situation and we’re not overwhelmed by such situations.” Boko Haram Update-1

I was given access to Banex Plaza shopping centre, the scene of a bomb blast that had killed 21 people in the upscale neighborhood.

“ The whole place has been cordoned off for security reasons of course and as you can see there is no business activity taking place at this time.

I spoke to Adrian Uchena, a trader and one of the eyewitnesses; who narrowly survived the powerful blast that shuttered the entire shopping mall. He explains what really happened on that fateful day.

“What happened here a couple weeks ago is that– – we experienced these unprecedented happenings by Boko Haram people. They want to come in here, and security refused them to enter with their jeep they pretended that they’re going to bank. When they refused them the second time, that’s when bomb blow up.”

Last Month’s bomb attack was the third on the capital since April, but the other two – car bombings of a bus station and street both in the suburb of Nyanya that killed about 90 people between them – did not strike at the heart of the city.
Security analysts say, a spate of deadly bombings outside of its northeastern heartlands – in Jos, Kano and Abuja – suggests Boko Haram is trying to push its sphere of influence outwards across Africa’s biggest economy and top oil producer.
Today the government says it’s doing everything in its power to make sure that something like this doesn’t happen again. People are getting back to their normal routine; renovations are taking place and hopefully things will change for better.

U.S – Power Africa Initiative

Power Africa_9407386By Paul Ndiho

Nearly a year ago, U.S President Barack Obama unveiled a new “Power initiative for Africa” with the goal to dramatically increase access to power in sub-Saharan Africa. U.S. Government officials, African energy ministers, along with representatives from more than 30 U.S companies in the energy and petroleum sectors recently met Ethiopia to discuss energy policies and energy efficient technologies.
More than two-thirds of the population of sub-Saharan Africa is without electricity and more than 85 percent of those living in rural areas lack access to power. The Power Africa Initiative is expected to build on Africa’s enormous power potential, including new discoveries of vast reserves of oil and gas, and the potential to develop clean geothermal, hydro, wind and solar energy.
President Obama explained the need for the 7 billion dollar initiative last year while speaking at the University of Cape Town.
“Access to electricity is fundamental to opportunity in this age. It is the light that children study by. The energy that allows an idea to be transformed into a real business. The lifeline for families to meet their most basic needs. And it’s the connection that is needed to plug Africa into the grid of the global economy. You got to have power,”
The program was formally launched last week to make power more accessible to Africans who are not being serviced by their national grids, through small scale energy solutions dubbed ‘Beyond the Grid’. The initiative will use partnerships with 27 investors and energy companies committing to investing over 1 billion US dollars to grow off-grid and small scale solutions on the continent.
“Our Power Africa program already supports over 25 small-scale energy projects, but Beyond the Grid will expand this significantly facilitating over 1 billion in new private sector investments.”
According to the International Energy Agency, the region will require more than 300 billion U.S. dollars in investment to achieve universal electricity access by 2030.
The Power Africa Initiative aims to install 10,000 megawatts of new generation capacity, connect 20 million new customers, and improve electric reliability across the continent. Ethiopia’s Prime Minister, Desalegn Hailemariam welcomed the initiative saying private sector investment in energy had been slow.
“Until recently the private sector has not shown much interest to invest in power sector in Africa due to its long return period. We the African governments also have not created the necessary environments to ease the risk associated with long term investment.”
Africa is rich in energy. There are enormous untapped resources of gas, oil, coal, geothermal, solar and wind power that could easily meet the region’s requirements.
Analysts say the big obstacle to electrification in Africa is not constructing power stations and building overhead power lines. It is working out how to help the region’s households – many with limited and irregular cash flows, little collateral and no access to credit – to pay for the huge investment needed to bring electricity to them.


“Power Africa basically gives every developer who is trying to build power in Africa a red phone a red line directly to the US agencies and say ‘hey I have a project in Africa can you look at it?’ And what it does is it moves your project to the front of the line.”
Critics say that another major problem for investors is that customers often fail to pay utilities. Unless the payment and credit problem can be resolved, electrification is unlikely to make much progress.

Nestle To Invest 70 Million Dollars In Nigeria

By Paul Ndiho

Nestle the world’s leading nutrition, health and Wellness Company will invest 70 million US dollars in Nigeria this year to grow its food business. And the multinational company and plans to expand its distribution network in one of Africa’s biggest economies.

Swiss transnational food and Beverage Company headquartered in Vevey, Switzerland — and perhaps the largest food company in the world, is set to invest 70 million dollars in its local subsidiary in Nigeria.

In the past six years, the company has invested 400 million us dollars into its food and cereals business in Nigeria Nestle Nigeria

As part of its efforts to expand its distribution base, nestle Nigeria launched 10 mobile vans in Nigeria’s commercial capital this year. It’s also looking to capitalize on Nigeria’s booming internet retailers, to develop online sales capacity.

The mobile vans would be stationed at housing estates and colleges with large populations and little retail presence.

“Over many years we have managed to build a formidable sales structure and route to market. Ideally the strength of that is really finding local partners and local partners I mean, local Nigerian distributors who have their own businesses across the spectrum, so today we have over 70 distributors who we consider to be partners and together we invest in improving the skills, so we do a lot of training, a lot of development, we bring new sales tools to assist them, we teach good practices in terms of distribution, in terms of warehousing so our model is really “

Nestle’s seasoning product, Maggi, reaches 20 million Nigerian consumers every year. The company hopes to sell even more of the product by reaching into the growing towns and villages, using the mobile vans.

“If you think about the challenges every business has, it’s containing operating cost and becoming more efficient, becoming smarter at the way you procure raw materials, driving efficiency in manufacturing is certainly the strategy because at the end of the day, the consumer will not pay for our waste and the more inefficient we are, it means that we have another option of what is in existing price and this is not what we believe and we believe that consumers seek value and one of the ways we will deliver value in addition to doing things right in terms of the nutrition, in terms of having healthier tastier choices is to drive down cost which means you can offer consumers better value at more competitive pricing,”

Nestle is also investing 25 million US dollars this year to double its water bottling capacity in Nigeria to 200,000 liters, as it tries to meet growing demand in the north of the country and expand its 6 percent market share.

BLACK SOUTH AFRICANS STILL STRUGGLING 20 YEARS LATER AFTER THE END OF APARTHEID

By Paul Ndiho

April 28th, 2014

South Africans head to the polls on May 7, with elections falling nearly exactly on the 20th anniversary of the first post-apartheid elections, held on April 27, 1994 – formally ending the racist regime known as apartheid.
April 27 marked the 20th anniversary of South Africa’s first multiracial elections, which ended three centuries of white domination – and 46 years of formalized oppression of the black majority under the apartheid system.

Aparthied South Africa PKG
Here in the United States, civil rights organization and activists alike stood in solidarity with the people of South Africa and the ruling African National Congress – ANC, which spearheaded the fight against apartheid, and has remained in power since 1994. Nicole lee is the president of Trans Africa, the organization that lead the free south Africa movement in the U.S. She says the country has not changed much.
“I think apartheid in itself was evil. It was built not only an ideology, but built upon structures. And so there was a lot of structural violence within the apartheid. That the fact that the political system is overturned that doesn’t mean the economic system is changed very much”
Critics of the government say that unemployment in South Africa is very high, at around 25 percent and labor unrest frequently halts production in the mainstay mining and auto sectors.
The violence at the Marikina platinum plant in 2012 still weighs heavily on the minds of many citizens. Police killed 34 miners who were striking for better wages.
Graphic images of bullet-riddled bodies of the workers were reminiscent of the country’s racist past and lee says the nation still has a long way to go.
“I think that the situation in South Africa still remains economically grave for many South Africans especially black South Africans, the lack of jobs, the lack of adequate health care, the lack of education, that’s still is a major factor.”
Despite the significant strides made in the last couple years in the areas of civil society, woman organizations, and community organizations, Nicole Lee explains that more needs to be done.
“There are a lot of changes that need to be made. And one of the things that Trans Africa does now we stand inside with the people of South Africa, with the civil society organization that are pushing for change. And we really think that is the appropriate place. That is where we stood during the partied and we stand there today.”
During the apartheid struggle, many Americans kept the anti-apartheid movement alive, particularly members of the African American community. They staged demonstrations in the churches, on campuses, in corporate boardrooms and trade union halls. Cecelie counts, was one of the protesters. She says it was a natural reaction for most African-Americans, because of the history of black people in America.

“In 1984 when the apartheid regime cracked down once again and it was broadcast on television we just had to channel that energy in protests. It was those actions of the apartheid government and the slowness of our own government to change its policy and recognize that it was wrong to support in the name of constructive engagement the apartheid regime that caused us to start civil disobedience. They were sit-ins, they’re arrests. It wasn’t just demonstrations, the demonstrations had been going on for some time – what was new was the civil disobedience.”
The fight to end apartheid was a global fight that had roots here in the United States. Key players in the anti-apartheid movement; including people like Randall Robinson, founder and former president of Trans Africa forum, advocates who later became members of congress like Maxine Walters, and others, led protests and called for U.S. sanctions against south Africa.
“The fact that apartheid ended with the help of the international community just gives us some hope that when people come together they can force change.”
The most prominent person of the apartheid era was the late nelson Mandela. The anti-apartheid hero died last December at the age of 95, but his legacy to South Africa and the world was his unwavering courage, forgiveness and hope, that touched and inspired people around the world. He showed that the dream of a just society is possible – and he challenged future generations to lead the way towards it.

NIGERIA’S VERSION OF AMAZON — ONLINE SHOPPING WEBSITE

By Paul Ndiho

Jumia, a Nigerian online shopping website is now one of the biggest online retailers in the West African nation. It features electronics, home appliances, clothes and kid’s items. With 26 million U.S. dollars in investments, the company is giving other Nigerian based online firms a run for their money.Nigeria Online shopping
Lagos has approximately 21 million people, and a trip to a shopping mall can literary wipe out your entire day if you get stuck in traffic.
However, with easier access to the internet, more Nigerians are shopping on online, it’s cheaper and shoppers don’t have to worry hassling with traffic. Inspired by a retail giant like amazon, Jumia was created in May 2012, with a goal to maximize the e-commerce space.
“The e-commerce model is extremely relevant for Nigeria, especially because of all the hassle that everyone can experience every time they go to a shopping mall.”
Analysts say that many shoppers spend a lot of time fighting traffic – or trying to gain entry to the crowded parking lots of a shopping mall. But shopping online eliminates the need to stand in long queues, potentially changing the way shopping most done in Nigeria.
Jeremy Doutte notes that his retail store has approximately 100,000 Nigerian customer accounts and sales are increasing by 15 percent every month.
“we want to re-empower the Nigerians with their time and if we can build a service and a company in two years whereby people can shop everything at any time and on Saturday, instead of spending two hours in traffic at the palms mall, people can just shop from their couch, in twenty minutes, order everything they want and get delivered within 24 hours and now actually, we are managing to serve a considerable amount of orders within 24 hours in Lagos.”
Jumia also has operations in morocco, Ivory Coast, Egypt and Kenya and it aims to be Africa’s answer to amazon, although e-commerce remains in its infancy on the continent. The company is not yet profitable, but it’s spending heavily to grab a larger market share. Doutte says that in emerging markets outside Nigeria, it is usually price comparison that entices shoppers onto the web.

“shopping online in Nigeria just makes sense and we usually say that people can shop online for two reasons, price and convenience and usually in emerging markets, people shop online for price. Why? Because the online website is just a great comparator, you can compare the prices and see they’re reliable. I think that Nigeria maybe one of the only countries in the world, emerging markets where people shop online for convenience, and are ready to pay the price.”
Co-C.E.O Nicolas martin says their website’s traffic success in delivering customers, far outweighs the headache it causes for deliveries.
“it’s painful for us, extremely painful for us to navigate through the traffic, but with professional way of navigating through, it’s actually a bit easier than for the Nigerian customer that has to face it during office hours or at the shop opening hours and so to get to the mall, it’s actually extremely painful for our customer.”
The Lagos firm’s sales are growing fast. It now has 10 centers throughout several cities in the south and the capital Abuja. Jumia is also planning to open a center in a new mall in the main northern city of Kano.
Despite success, many challenges remain including; infrastructure problems, port delays, supply chain woes and getting people to trust websites with their bank card details. Online fraud is another thing that many Nigerians worry about. But for what it’s worth,  I’ll not be surprised to see Jumia launch an initial public offering (IPO) at the New York Stock Exchange in a few years.

BIDCO A KENYAN CONSUMER GOODS MANUFACTURER PLANS TO INVEST $200 MILLION

By Paul Ndiho BIDCO a premiere East African manufacturer of edible cooking oils, baking products, personal hygiene products, laundry detergents and soaps, will invest about 200 million US dollars by 2017 to meet increasing demand. The Family-owned conglomerate earns 250 million US dollars a year from its operations in Africa. It has factories in neighboring Uganda, Tanzania and Rwanda. Bidco Kenyan Consumer goods Managing Director, Vimal Shah said last week that the group expects its annual revenue from Kenya to grow by four times in the next couple years largely due the increased investment and demand for consumer goods. “According to us, East Africa if you look at all the figures, east Africa is going to become… today we are at 130 million people, it’s going to be 400 to 500 million people by 2050 east Africa alone. So when you look at all that, that demand, its demand led all this growth that’s coming in is demand led. Its consumption, it’s a consumption story, right? And that’s what it’s going to be.”

Bidco, which makes Kimbo vegetable fat, various margarine and soaps, will add staples like wheat, rice and sugar to its product range through the investments, which is being funded mainly through bank debt. The growth plan may, however, be curbed by a lack of suitable land to cultivate raw materials in Kenya. In neighboring Uganda, Bidco has only managed to plant 10,000 hectares of palm oil out of an initial target of 26,000 hectares. “Well that’s a suitable place and that’s where the public private partnership was done with the Ugandan government, that’s where they actually gave the land, but it can be done around the lake. It can be done around the lake in Kenya too, but land availability is a big problem in Kenya.” The Ugandan plantation supplies less than 15 percent of the firm’s requirement for palm oil. Undeterred, the company is casting its eye to other crops used in production, offering small-scale farmers in Kenya purchase contracts. “We are in agribusiness and we are looking at from the soil to the frying pan so we are revamping our agricultural activities in east Africa, especially in Uganda and also in Kenya. We are looking at sunflower, soya beans on a massive scale so we can get most of our raw material from local sources. Shah reckons that the risks on the continent, like rampant youth unemployment, could be turned into an opportunity by African governments through training of young people. “When you look at the risk perspective, the risks are very low. When I look at it, I look at it from an inside out perspective. I am born here; I am brought up here and I see it from an African point of view. Perceptions about doing business in Africa are changing rapidly perhaps due a steady economic growth registered by most countries. Business analysts say that Africa is next frontier and six out of ten fastest growing economies in the word are on the continent.

LAND REFORM IN UGANDA

By Paul Ndiho
Antiquated land registration systems have been holding back the economic development of Sub-Saharan African countries. This is certainly true in Uganda. With only 20% of the country’s land legally registered, land disputes are on the rise. But in the last couple years, the government decided to overhaul its land management and land administration systems. I recently traveled to Uganda to find out how the new system is working. Land Segment_8797083
I’d heard the buzz about a pilot computerized land reform management system being put into place in my country Uganda. The old land registration system has been a drag on development. The country’s population has grown exponentially in the last decade and that’s putting enormous pressures on the land.
The government is implementing a state-of-the-art system designed and implemented by Thomson Reuters and its partners. I’m here in the capital, Kampala, to ask the experts and senior government officials to explain the new land information system and its benefits to the public.


Amadra Ori – Okida is an independent consultant hired by the Ugandan government to help introduce a modernized system.
“All the documents related to land registration were actually in a very poor situation. The filing, the organization — you could see heaps upon heaps of documents.
The old manual system dates back to the colonial era, as you can see at the national land records office in Entebbe according to John Kitaka, Principal staff cartographer at the ministry of Lands, Housing and Urban Development.
“If you want to work on the northern region you come in this and if you want to work on Western region, it is all kept in here, even when you want to work on Eastern region you know where to go … when you are working on a computer you keep all your stuff in folders so these are our folders.”
Dennis Obbo, the Ministry Spokesperson says that the Ugandan government is betting this new computerized system will end it land disarray and corruption in its land registry system.
“We had a very big problem in the registries, we had a very big problem with our land administration records, they were always getting lost, misplaced, we didn’t have adequate space to keep them, we had a lot of forgeries going on and our own staff – I’m sorry to say they were altering documents. We could not track who had what Title, what had been issued. Later on, there was a problem of multiple titles where a number of Titles had been issued on the same piece of land.”
Under the old manual system, it took days or weeks for the public to get the documents that they wanted. The public deeply disliked having to pay bribes to get the job done.
Richard Oput, the Coordinator Land Tenure Reform observes that “What was happening before, you presented in a district your documents then went to Entebbe to Kampala – Kampala to Entebbe and back to the district and sometimes they would tell you to come back again and sometimes you’re not able to complete this… Many people would give up.”
With the new system, there are no more deteriorating paper deeds. Within eight months of startup, the Ministry’s staff digitized more than half a million of these old paper titles. They also scanned torn and tattered maps. These new computer documents are indexed into a state-of-the-art geographic information system according to the Minister of Lands, Housing and Urban Development – Daudi Migereko.
“We have had tremendous success in this regard, when we look at the way the information is presently stored, then consider the amount it takes to retrieve the information, I think we have had a major breakthrough. This increases the level of confidence on the part of the public that we are trying to serve.”
The Commissioner in Charge of Lands, Sarah Kulata Basangwa, believes the investment will greatly reduce land disputes and promote economic growth.
“Everyone will have confidence in the document of ownership, then people will invest more, banks will accept this document more and more there will do less due diligence than they have been doing before lending, so the cost of lending, the cost of the administrative procedure they do in lending will also reduce and people will have more encouragement to invest more in the land.”
Well, the new Land Information System is laying the foundation for addressing those challenges and assuring a prosperous future for Uganda. Remember the rapid population that I mentioned earlier, and how it challenged the economic future of the country. With this new system, I’m optimistic that it will lead to sustained economic growth.

NIGERIA A MAJOR PLAYER IN THE WORLD ECONOMY

By Paul Ndiho

Nigeria continues to have the potential to be a major player in the world economy. The West African nation’s annual growth rate has averaged almost seven percent during the last decade, driven largely by development in trade, investment in agriculture, and infrastructure. Sequence

Despite these success stories, the country still faces a lot of challenges. I caught up with Mr. Olusegun Aganga, Nigeria’s Minister of Industry, Trade and Investment who was speaking at an event organized by the initiative for global development in Washington D.C. I asked him how his country is coping.


UGANDA’S ANGELS INITIATIVES SPURS GROWTH FOR INNOVATIVE BUSINESS START -UPS

By Paul Ndiho

Angels Initiatives Launchpad is a business hub in Uganda where business ideas from young rising entrepreneurs are nurtured. Students are mentored and taught leadership and management skills by professionals from the corporate world.

The Angels Initiatives office in Uganda is a highly creative space where young entrepreneurs meet and share and development ideas.  The hub is a business incubator and support center that provides innovators with the infrastructure for business growth, and where budding entrepreneurs can see their concepts take off. ANGELS INITIATIVES

Entrepreneurs receive lessons from professionals in the corporate world and have face-to-face sessions with the members. George William Bakka is the C.E.O. Angels Initiatives.

“At angles initiatives basically our work is about supporting emerging entrepreneurs and what we do is to provide capital, business advisory services and office work space services.”

Angels Launchpad runs several initiatives including, angels hub, which is the business development center for early start ups, and the Africa youth investment fund, a cloud investment platform that bridges the financing part for emerging businesses – by linking entrepreneurs to potential investors.

Burgeoning entrepreneurs do not pay back the cash, but the fund shares all profits and losses for a set period of time. Backer says that over the last a few years, his Launchpad has helped several small businesses grow into larger businesses.

“Currently we have about twenty seven operating from this space. We offer them a space where the start a business, work from, lower their cost and give them visibility. But this year we are also going out further to see what more can we now do to actually help them build structures in terms of operations, financials and even help them to see if they can scale up.

Angels initiatives provide professional and affordable office space within a strategic location in Kampala’s city center.  This gives potential clients easy access to the country’s business hub.  The company currently houses more 27 start-ups. Kanyisigye Amon, is the owner of Neblink an investment company taking advantage of the angels facilities.

“It’s an investment company that is relatively seemlier to angels. We give people an opportunity to invest. We deal with majorly online investments and technology.”

Mabonga Simon peter, is the sales and marketing director, Africa youth investment fund

“We allow people to invest with us and at the end of the day they get returns. We are regulated by capital markets authority, a regulating body which allows us to collect money from individuals, put it in some other investment and give returns to them. We give loans to people, we finance business and at the end of the day they bring returns, we finance farmers, we give funds to entrepreneurs boast up their business and they pay back with an interest.”

Joshua Opio, director white flacon, launched his computer and event management business here more than two years ago.

“First of all, i get to enjoy confortability by customers, when they come in, because i sale lap tops, they will look at it as a professional thing because of the environment, the ambiance is really okay and when i seat here i get to meet my clients from the board room they feel comfortable buying something from me.”

Steven kaganda runs an agricultural management business, and says he could not have found a better office space to interact with his clients.

What we are doing basically is designing of farm sustainable structures under which we have greenhouse systems; we do the structural frame work designs and the irrigation systems. Then we also construct bio gas plants – for renewable energy systems that are used by domestic farmers. We also do supply of irrigation supply equipment, large machinery and structuring out the layout of best irrigation designs that our farmers may require at any one time.

Other start-ups taking advantage of the office space include Florence Tama’s maid and cleaning services. She says she’s able to meet high-end clients because of this location.

“We provide people services. We connect maids, nannies to stable clients. We want to make a difference.”

George William Bakka says helping emerging entrepreneurs is something he does because of his primary belief that helping young entrepreneurs will spur development.

“I believe to the core of my spirit that entrepreneurship is the solution to all problems in the world and I also believe that development in Africa can only come out if can support the entrepreneurial class to create jobs to produce products and services.”

Angels initiatives has graduated 127 entrepreneurs from Uganda.

UGANDA’S ANGELS INITIATIVES SPURS GROWTH FOR INNOVATIVE BUSINESS START -UPS

By Paul Ndiho

Angels Initiatives Launchpad is a business hub in Uganda where business ideas from young rising entrepreneurs are nurtured. Students are mentored and taught leadership and management skills by professionals from the corporate world.

The Angels Initiatives office in Uganda is a highly creative space where young entrepreneurs meet and share and development ideas.  The hub is a business incubator and support center that provides innovators with the infrastructure for business growth, and where budding entrepreneurs can see their concepts take off. ANGELS INITIATIVES

Entrepreneurs receive lessons from professionals in the corporate world and have face-to-face sessions with the members. George William Bakka is the C.E.O. Angels Initiatives.

“At angles initiatives basically our work is about supporting emerging entrepreneurs and what we do is to provide capital, business advisory services and office work space services.”

Angels Launchpad runs several initiatives including, angels hub, which is the business development center for early start ups, and the Africa youth investment fund, a cloud investment platform that bridges the financing part for emerging businesses – by linking entrepreneurs to potential investors.

Burgeoning entrepreneurs do not pay back the cash, but the fund shares all profits and losses for a set period of time. Backer says that over the last a few years, his Launchpad has helped several small businesses grow into larger businesses.

“Currently we have about twenty seven operating from this space. We offer them a space where the start a business, work from, lower their cost and give them visibility. But this year we are also going out further to see what more can we now do to actually help them build structures in terms of operations, financials and even help them to see if they can scale up.

Angels initiatives provide professional and affordable office space within a strategic location in Kampala’s city center.  This gives potential clients easy access to the country’s business hub.  The company currently houses more 27 start-ups. Kanyisigye Amon, is the owner of Neblink an investment company taking advantage of the angels facilities.

“It’s an investment company that is relatively seemlier to angels. We give people an opportunity to invest. We deal with majorly online investments and technology.”

Mabonga Simon peter, is the sales and marketing director, Africa youth investment fund

“We allow people to invest with us and at the end of the day they get returns. We are regulated by capital markets authority, a regulating body which allows us to collect money from individuals, put it in some other investment and give returns to them. We give loans to people, we finance business and at the end of the day they bring returns, we finance farmers, we give funds to entrepreneurs boast up their business and they pay back with an interest.”

Joshua Opio, director white flacon, launched his computer and event management business here more than two years ago.

“First of all, i get to enjoy confortability by customers, when they come in, because i sale lap tops, they will look at it as a professional thing because of the environment, the ambiance is really okay and when i seat here i get to meet my clients from the board room they feel comfortable buying something from me.”

Steven kaganda runs an agricultural management business, and says he could not have found a better office space to interact with his clients.

What we are doing basically is designing of farm sustainable structures under which we have greenhouse systems; we do the structural frame work designs and the irrigation systems. Then we also construct bio gas plants – for renewable energy systems that are used by domestic farmers. We also do supply of irrigation supply equipment, large machinery and structuring out the layout of best irrigation designs that our farmers may require at any one time.

Other start-ups taking advantage of the office space include Florence Tama’s maid and cleaning services. She says she’s able to meet high-end clients because of this location.

“We provide people services. We connect maids, nannies to stable clients. We want to make a difference.”

George William Bakka says helping emerging entrepreneurs is something he does because of his primary belief that helping young entrepreneurs will spur development.

“I believe to the core of my spirit that entrepreneurship is the solution to all problems in the world and I also believe that development in Africa can only come out if can support the entrepreneurial class to create jobs to produce products and services.”

Angels initiatives has graduated 127 entrepreneurs from Uganda.

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