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| "One of the best ways countries can combat poverty is to use development assistance to promote a growing private sector, in which the poor can fully participate." |
AMBASSADOR
JOHN DANILOVICH |
| Former CEO, Millennium Challenge Corporation |
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| NEWS & MEDIA > IGD UPDATE >Fall 2011 |
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- Agriculture Business Models to Attract Large Scale Capital: Attendees discussed best practices and key factors affecting agricultural investments in Africa.
- Leveraging Partnerships for Business Expansion in Africa: This session furthered Frontier 100’s understanding of how to build and maintain effective partnerships to support business expansion across Africa. Insights will be incorporated into the upcoming final version of Frontier 100’s report on B2B partnerships.
- Catalyzing Investment for Business Expansion: CEOs met with investors to improve perceptions of Africa’s investment opportunities. After, investors surveyed, including several who had not previously considered investments in Africa, pledged to increase their investment allocation to the continent.
Following the Frontier 100 Forum in New York City, IGD organized meetings for interested African CEOs in Washington, D.C. with a number of U.S. government agencies focused on increasing investment and economic development in Africa. The purpose of the meetings was to generate increased awareness of major U.S. government development initiatives that stimulate private sector activity in Africa as well as the availability of tools and resources to help support private investment with development impact.
In Washington, D.C., Three Frontier 100 CEOs – Joseph C. Brandt (Contour Global), Paul T. Hanrahan (AES Corporation) and Robert A. Mosbacher, Jr. (Mosbacher Energy Corporation and formerly OPIC) spoke on a panel at the Center for Strategic and International Studies (CSIS) on investing in Africa’s power sector. Click here to read more and watch the video of the CSIS event. |
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Business-to-Business Partnerships White Paper Release
 IGD and Dalberg Global Development Advisors released Frontier 100’s white paper on B2B partnerships at the Frontier 100 Forum. The paper, Business to Business Partnerships: Recommendations for Expansion Across Africa, profiles successful partnerships and includes recommendations for entering, structuring, implementing and ending partnerships from CEOs of leading global MNCs.
Click here to read the white paper and the overview.
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 IGD Launches Development Partners Network
On September 21, IGD hosted the inaugural meeting of a new network that brings together executives working in frontier markets who are committed to advancing more private sector-oriented U.S. government development strategies. The group has three objectives:
- Serving as a forum for companies to share knowledge about partnering for development and investing profitably with social impact.
- Facilitating business investment in key development sectors, in conjunction with Frontier 100 and with U.S. government development initiatives, such as Feed the Future and Partnership for Growth.
- Improving private sector-focused U.S. global development programs and tools to attract private investment and promote sustained economic growth.
Click here to read more about the group’s launch. |
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Business Leaders in Action
 To support increased investment on the continent, Frontier 100 is broadening its membership and welcoming a new class of CEOs from South Asia to promote strategic south-south relationships. One of Frontier 100’s first Indian CEOs, Raman Dhawan, is a pioneer who led the successful expansion of India’s Tata Group in Africa. Under his leadership, Tata has expanded to operate in most major industrial sectors including information systems, engineering, services, materials, consumer products and chemicals. Today, as Managing Director of Tata Africa Holdings, Mr. Dhawan oversees more than 750 employees based in 10 countries. Read IGD’s profile of Raman Dhawan
Frontier 100 welcomes new members Xolani Mkhwanazi, Chairman, BHP Billiton, South Africa and Arnold Ekpe, CEO, Ecobank, Togo. |
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Newsworthy
Partnerships hold the key to business success in Africa
How we made it in Africa, October 5, 2011
Op-ed by Frontier 100 members Brian Herlihy, Executive Director, SEACOM and Funke Opeke, CEO, Main One Cable Company
Aligning with Frontier 100
Aon One, October, 2011
Featuring Frontier 100 CEO Anton Roux, CEO & Chairman, Aon South Africa / Sub Saharan Africa
Good Policies Make for Good Business
Inter Press Service (IPS), August 22, 2011
Featuring Frontier 100 CEO Patrick Devenish, Group Chief Executive, AICO Africa Limited
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