#AfricaRising: How to achieve sustainable growth for businesses in Africa

“Africa is rising”.

The Africa Rising narrative is getting more success stories as we keep seeing the growth of businesses in Africa. Just like VoguePay, the award-winning online payment gateway that has its humble beginnings from Africa, there are several others as well. For example, in the Fintech space alone, there are thriving Africa businesses just like VoguePay, as the African Fintech100 list indicates.

However, there are gaps that are impeding full-blown growth of businesses in Africa. Some of these include lack of access to finance, information and technical partnership which are crucial to achieving both sustainable and inclusive growth in African enterprises and economies.

This is the gap that Alliance54 aims to fill. According to their website, Alliance54’s goal is “promoting development and business for inclusive and sustainable growth in Africa”. Alliance54 recently convened the African Impact Investing Leaders Forum, its premier event on 26th-27th October, in London, United Kingdom.

The forum explored pipeline of opportunities across sectors and discuss their challenges, experiences and share success stories. VoguePay’s CEO, Mr. Michael Simeon was included in the panel session for the Financial services category.

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sitting from left, Michael Simeon, CEO VoguePay with other panelists

The recent visit of Mark Zuckerberg, CEO of Facebook to Nigeria and his participation at the #AsoVillaDemoDay; an event organized by the Nigerian government was remarkable. It is a clear indication of the readiness of Western funds and the national government to invest in their citizens.

It is noteworthy that VoguePay was part of this landmark event in Nigeria with our Africa’s Director of Business Development on ground to give support and welcome Mark Zuckerberg to Nigeria.

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