Archive for November, 2014

Discovering South Africa

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My experience with the Convergence Partners team was great. In month two, I had a better idea of the team dynamic and culture. I felt very welcomed; and integrated well with the diverse team. The level of humility displayed by the Chairman and Founding patterns amazed me as they treated everyone like equals and with respect. The work environment was professional, productive and fun at times. The team was young at heart and they all seemed very close, like a family. One of my observations that stood out the most was the passion expressed by the executive for ICT infrastructure development in Africa. I am very grateful for the knowledge they have imparted. Also, the firm offered me an opportunity to receive executive level training from SAVCA on PE and VC in Africa. The training was attended by private and public sector organizations.

Emma SocialSocially, I ventured out a little. I visited some places outside of ‘Sandton’ like 7th Street in Melville and the atmosphere reminded me of U St. in Washington DC. I also planned a short visit to Alexandria (Alex) Township. Prior to the visit, I heard intimidating stories about the place but once there,  I found that the people seemed peaceful and happy. Nevertheless, I was shocked by the disparity of wealth between Sandton and Alex; a short distance of less than 20min apart.

Another impactful experience occurred during a volunteer event with a portfolio company. Seacom held a Career Day at Tembisa Secondary High School, as part of its Corporate Social Investment program. Our goal was to provide information to Grades 8 – 12 students on career paths and give them advice on their éducation. Most of the students we spoke with had no plans for higher education mainly due to financial challenges and the disadvantages of living in a Township. Some students were determined to obtain a better éducation if and only they obtained scholarships. The only message that I could impart is my experience in the United States as a young immigrant child from a low-income household—no matter the obstacles, I didn’t give up and I often had to be creative to find opportunities for myself. However, I know I was fortunate to grow up in a country full of posibilities where student loans and employment were accessible. I told them the best decision I ever made was to take my studies seriously. I also advised the students that it takes lot of hard work, determination, and sacrifices to fulfill its dream; but they will see graduelle see results. There are many different paths to reach the same goalt; they just need to believe in themselves and have a solide plan. Finally, I advised students to reach out to people or programs that will connect them to professionals in their communities to learn  about their careers.

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Emma Fofanah

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The arrival in Nigeria

Arrival

The transition from working to the United States to Nigeria was quick. After going through the “experience” that is Lagos airport, I settled into my hotel accommodations. The place was very comfortable and had a lot of the amenities that I would expect from a quality hotel in the US – including high speed internet service. In the morning, I was greeted by Ayo – my Olashore International School liaison. It turns out that Ayo had spent most of his time in the UK and had recently returned to Nigeria. We chatted about his experiences returning to Nigeria and adjusting to the transition both professionally and personally. I got some good insights from his perspective.

A key point he mentioned was him balancing the need to incorporate certain best practices to his work environment without incurring negative feedback from colleagues. A reason for this could be that the proposed best practice did not work in Nigeria. Something that he experienced early on in his return. Another thing I gained from watching his interactions, was the noteworthy role age played in his professional exchanges. I knew that respect for your elders was an important culture value demonstrated socially in Nigeria. However, I had not thought of prior to my arrival how this would play out in the professional sphere. As me and Ayo were in the same age group, I recognized that this would be something that I would definitely needed to be mindful of during my tenure.

My second day in Lagos was spent going to a press conference on secondary and post-secondary marketing for schools in Nigeria. Then followed by attending an Association of International School Educators of Nigeria (AISEN) meeting. You can say I hit the ground running. Both events were informative and provided some needed context to the space in which I would be inhabiting for the next year. My next destination would be to the rural location of Olashore International School.

 

John-Ubong Silas

 

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LDI Africa welcomes a new team member/ Sophie Auffret

 

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 Sophie Auffret graduated McGill University in Canada with a bachelor degree in international management, with keen focus in working in international development. She is originally from France but grew up in Washington, DC. Sophie recently got back from a year abroad backpacking throughout Australia and Asia. In her free time, she enjoys exploring the fine arts, and ever since a young age, has been an avid photographer. Alongside volunteering at the American Red Cross, Sophie recently joined the LDIAfrica team as the Program Manager Intern.

EFIP 2015 opportunities [time sensitive]

ldiafrica dream jobPaid Fellowships at LDI Africa
LDI Africa is an award winning social enterprise that connects African organizations, entrepreneurs and professionals to the global marketplace using the expertise of skilled volunteers.
We need your help to identify rising business and social enterprise leaders to apply for the fellowship positions listed below. Fellows will have the unique opportunity to work with Africa’s best investment funds and position emerging businesses towards the path of sustainable growth. Opportunities also exist for permanent consulting and employment positions. You can help either through word of mouth, social media, or email communication.
Interested candidates should visit http://www.ldiafrica.org/africa-fellowship/ to apply by November 30, 2014. Earlier submissions will be given priority.

 
iROKO TV
Location: Nigeria
Job Description: Fellows will serve at Iroko TV as VP of Sales (Africa), Vice President (Global) and VP Operations. iROKOtv.com, dubbed The “Netflix of Africa”, is the world’s largest online distributor of African movies, with an audience of over 6 million people worldwide. Iroko TV has been featured in Techcrunch, CNN, CNBC Africa, BBC, Variety, Financial Times, Economist, The Forbes and many others. We are seeking professionals with the background of working with major broadcasting / TV networks where they would have been intricately involved in the aspects of content acquisition, contract negotiation, business development, and understanding of the African business infrastructure and how to monetize African.

One Acre Fund
Location: West and East Africa

Description: Fellows will serve in multiple locations across East and West Africa. One Acre Fund is a growing social enterprise in Kenya, Rwanda, Burundi, and Tanzania that is innovating a new way of helping farm families to achieve their full potential. Instead of giving handouts, One Acre Fund invests in farmers to generate a permanent gain in farm income. We provide farmers with a “service bundle” that includes education, finance, seed and fertilizer, and market facilitation.

 

Amani Institute
Location: Kenya
Description: Fellow will serve at The Amani Institute as Program Director. The Amani Institute – Preparing next-generation talent to tackle global challenges by filling the gap between university and the workforce through a new approach to higher education. By training a highly skilled workforce to tackle global challenges, the Amani Institute is helping organizations work more effectively in pursuing social change. Amani Institute graduates students will contribute to the growth of the organizations they are placed in, both during their apprenticeships as well as when they are employed full-time. They are also better equipped to start their own ventures.

Generation Enterprise
Location: Nigeria
Description: Fellow will serve in the capacity of Portfolio Direct and Operations Director. Generation Enterprise (GEN) is a small-business incubator that co-creates scalable businesses with unemployed and marginalized youth. In doing so, we create sustainable jobs and get youth off the streets in low-income communities in Lagos. Funded by the World Bank, Wharton, Stanford, McKinsey, Microsoft, Google, JP Morgan, and CEB among others, GEN is partnership of Generation Enterprise, a 501(c)3 non-profit based in the USA, Generational Model Youth Empowerment Initiative (GYMEI), an incorporated trustee non-profit in Nigeria, and Dhriiti, a Delhi-based non-profit.

 

Edge Growth
Location: South Africa
Fellow will serve at Edge Growth as an Investment Associate. Edge Growth is a specialist Enterprise Development company. Recognized as one of the leading Enterprise Development (ED) specialists in the market and invited to write several articles and to speak as the primary speaker at many of the first ED conferences held in SA, as well as the odd global conference. EG serviced the world’s largest mines and South Africa’s largest banks, amongst others. EG provides 3 core services: ED Fund Management, SME Growth Support, and ED Strategy and Advisory
TLG Capital
Location: Ghana
Description: Fellows will serve as CFO and CTO at a TLG Capital’s portfolio company in Ghana. TLG Capital was set up in 2009 to invest and work with companies in frontier markets. Though TLG is commercially focused, its investment philosophy is to invest in existing management in a social and ethical manner, believing that this represents the best way to garner long term results and contribute to macroeconomic sustainable growth.
The Joseph Initiative
Location: Uganda
Description: Fellows will serve at The Joseph Initiative as Project Manager and Supply Chain Financial Analyst. The Joseph Initiative Limited is an East Africa grain trading company operating out of the Masindi District of Western Uganda. As an integrated supply chain for agricultural commodities, the JI purchases, processes, bulks, and markets corn, capturing efficiencies and effectively managing quality. The JI leverages a network infrastructure of rural maize aggregation centers called Joseph Centers and centralized processing to more efficiently source and handle maize produced by smallholder farmers (80% of the primary producers throughout East Africa) and cut post-harvest losses due to insufficient quality management capabilities.
Other fellowship based opportunities include

LDI Africa – GE Africa Fellowship (Africa-wide)
 
LDI Africa – Ashesi University Fellowship (Ghana)
 
LDI Africa – Africa Leadership Academy (South Africa)