The NBF’s Africa Infrastructure Desk (Afri-ID) participated at the NEPAD Agency’s 2015 PIDA Week from 13 – 17 November 2015 in Abidjan, Ivory Coast. Afri-ID shared its experiences of running a multi-stakeholder private sector-led initiative, which is currently achieving success in unlocking rail and port infrastructure projects in Southern Africa.
The annual PIDA Week is designed to bring together different African national, regional and continental infrastructure project stakeholders, who include continental and regional bodies; potential domestic and foreign investors and project developers; donors; various sectoral partners; and the media.
PIDA Week represents a new way of thinking by the NEPAD Agency, which is hoping to integrate the individual PIDA Steering Committee; ICA and IPPF meetings into one main event. The Agency anticipates that by having such information, planning and marketing events in one PIDA-themed week, it may be possible to create synergies between the different implementation initiatives and will enhance PIDA as a brand.
On Wednesday, 11 November 2015, the Nedbank Group and the NBF hosted the final instalment of the annual Nedbank-NBF Networking Forum for 2015. This session was themed ‘FOCAC - Enhancing China-Africa trade relations through private sector support’, with guest speakers Mr. Dave Malcomson, Chief Director BRICS and FOCAC, DIRCO; Mr. Kobus van der Wath, CEO of Beijing Axis and Mr. Erwin Pon, Business Development Director – East and South East Asia, Rand Merchant Bank and Chairman of the Chinese Association in Gauteng.
The forum was hosted in anticipation of the Forum on China-Africa Cooperation (FOCAC) Heads of State Summit that will be hosted in Johannesburg in December 2015, and focused discussions on the involvement of private sector in major trade and investment initiatives such as FOCAC.
Also in attendance was His Excellency Mr. Isaac A. Moyo, the Zimbabwean Ambassador to South Africa and His Excellency Mr. Vincent Karega, Rwandan High Commissioner to South Africa. His Excellency Mr. Moyo shared insights into China-Africa relations on behalf of the current Chair of the AU, His Excellency Robert G. Mugabe, President of Zimbabwe.
The Nedbank Group and the NBF resumed hosting their high-level business interaction platform, the Nedbank-NBF Networking Forum in May. The first installment of the quarterly forums for 2015 was hosted on Tuesday, 26 May 2015 in Sandton.
Keynote presentation by Nedbank’s lead Economist, Mr. Isaac Matshego, provided delegates with a refreshing insight into Africa's prime investment opportunities as well as the continent's economic landscape around developing markets.
This networking forum, themed 'Africa's 2015 Economic Outlook' focused on an in-depth analysis of the continent's economic position and the various dynamics that drive it forward. Key questions addressed included:
• What are the new business and economic trends in Africa?
• Which sectors areas are likely to experience growth in 2015?
• What are the top 10 African countries to watch this year?
• What are the top 10 pitfalls expanding businesses need to look out for?
• Who are Africa’s current and best trading partners this year?
The NBF in partnership with the Southern Africa Trust hosted an ‘Inclusive Business Breakfast’ focused on assessment and guidance tools for large companies on Wednesday, 20 May 2015 at the Park Inn Hotel in Sandton, South Africa.
Sherry-Lee Singh, of Massmart gave practical examples of inclusive business in South Africa with her presentation on Massmart’s inclusive business models plus case studies. Lynette Chen, CEO of the NBF shared the successes of the NBF’s initiatives to develop rural farmers by integrating them in to commercial value chains.
The was designed to also market the Southern Africa Trust’s Business for Development (B4D) Pathfinder online self-assessment and guidance tools designed to support companies in implementing inclusive business. The tools assist with identifying the successes and gaps, and provide recommendations on how to implement or expand a company's inclusive business activities.
Following the recent xenophobic attacks in some parts of South Africa, the NBF in partnership with the African Leadership Initiative (ALI), Brand South Africa (Brand SA) and the South African Red Cross Society (SARCS) hosted a ‘Business Action Against Xenophobia’ (BAAX) Forum on Thursday, 23 April 2015 at Nedbank Headquarters on 135 Rivonia Road, Sandown Sandton.
The purpose of this forum was to convene the public and private sector in order look at both the symptoms and the root causes of the xenophobic attacks. This insight gained from the forum led to the development and adoption of a multi-stakeholder action plan, which will initiate steps to repair the social and economic damage caused by the attacks as well as to ensure limiting the chances of recurrence of the violence.
The BAAX Platform now seeks to mobilise private sector resources (in line with government efforts) and channel them towards aiding those affected by the xenophobic attacks.
We would be honoured if you could accept our invitation to participate in the BAAX Forum. We look forward to hearing from you at your earliest convenience.
The NEPAD Business Foundation held its annual ‘NBF Members and Strategic Partners Luncheon’ on Tuesday, 20 May 2014 at the Nedbank building, 135 Rivonia Road, Sandton. The event was once again, hosted by Dr. Reuel Khoza, Non-Executive Chairman of the Nedbank Group and board member to the NBF.
The main aim of this annual luncheon is to keep the NBF’s core publics abreast with the organisation’s progress and achievements as well as show them appreciation for their valuable contributions.
Mr Gengezi Mgidlana, Deputy Director General in the office of the Presidency: Advisor to NEPAD, gave the keynote address in which he unpacked Africa’s Agenda 2063 and the private sector’s role in the development of the region over the next 50 years. He highlighted the challenges the continent is facing in the transformation process and how the Agenda 2063 has designed measures to mitigate these challenges.
The NBF Chairman, Mr Stanely Subramoney encouraged members and stakeholders to participate in Africa’s development by joining the various programmes and initiatives of the NEPAD Business Foundation in in Infrastructure; Agriculture; Resource Management and Corporate Governance.
“For the first time this year, the corporates presented the progress of the various NBF programmes in their capacity as chairpersons of the initiatives. These programmes are designed to be private sector led and are geared towards commerce and sustainable development. This shows that African companies are increasingly taking the initiative to tackle challenges which hinder Africa’s growth and are actively engaging in developmental ventures.” Stanley Subramoney – Chairman of the NEPAD Business Foundation
“What is different this year is that we are increasing personal interaction with all our members. We are scheduling one-on-one meetings with discuss their Africa growth strategies and how we can help them entre new territories in African markets and industries. This is helping us to better understand our members’ unique needs and specific service requirements and how we can best serve them.” Lynette Chen – CEO of the NEPAD Business Foundation
Kindly click here to access the presentation by Mr Gengezi Mgidlana, Deputy Director General in the office of the Presidency: Advisor to NEPAD.
The NBF's Africa Infrastructure Desk (Afri-ID) held an inaugural Information Session on Tuesday, 27 August 2013 in Sandton.
The purpose of the Information Session was to provide information on the Afri-ID as well as to present projects and get feedback from stakeholders on infrastructure projects in the Southern African region. This event was designed to get feedback from the private sector on which infrastructure projects in Southern Africa, various businesses and industries would have an interest in.
The mission of the desk is to establish a multi-stakeholder platform where private sector, SOCs, DFIs, multilateral development agencies and public sector partners cooperate to expediently develop regionally integrated infrastructure in Africa.
The NEPAD Business Foundation (NBF) and Nedbank hosted the High Commissioner of Kenya H.E. Patrick Wamoto at the lNBF/Nedbank Networking Forum event on Wednesday, 21 August 2013 in Sandton.
At the event titled Insights into Kenya: Opportunities in the East His Excellency, Patrick Wamoto highlighted the interplay of political and social culture and how that affects investing in Kenya. He also expanded on how companies could position themselves regarding these aspects to ensure that there is deeper intra-African investment.
The High Commissioner discussed various topics with members of the private sector in attendance, chief amongst them was the political and economic landscape, investment and commercial opportunities and how to access these in Kenya.
[Images from top: H.E. Patrick Wamoto (Kenya High Commissioner), H.E. Patrick Wamoto & Dr Reuel Khoza, Dr Reuel Khoza - Kenya's Deputy High Commissioner Hellen Gichuhi - H.E. Patrick Wamoto - Thabang Chiloane, Geoff Rothschild - Lynette Chen - Stanely Subramoney, Dr Reuel Khoza - H.E. Patrick Wamoto]
The NEPAD Business Foundation hosted its Annual General Meeting on Thursday, 15 August 2013 in Sandton. At the meeting the NBF presented its recent achievement and projected trajectory to members and invited stakeholders.
Mr . Ebrima Faal, Regional Director of the African Development Bank gave the keynote address titled "African business in the new African landscape".
The address provided a refreshed review of the trajectory of businesses in the region and how to navigate through recent political and economic changes. Mr. Faal also gave his insight on how corporations should position themselves strategically to take advantage of the changing socio-political landscape. Additionally, the keynote provided a view of developments in particular - the African Development Bank's interests and related financing and investing opportunities.
The NEPAD Business Foundation (NBF) in partnership with The Department of Trade and Industry the dti hosted their annual conference on industrial policy themed Enhancing Industrial Development in South Africa and Southern Africa on Friday, 26 July in Johannesburg.
With recent infrastructure and industrial development in the SADC region are opening up new opportunities for investors this event aimed at informing the private sector on the dti's recent launch of the 2013 - 2016 Industrial Policy Action Plan and the establishment of designated Industrial Development Zones (IDZs), as well as the planned Special Economic Zones (SEZs) and how this relates to the region. The 2013 - 2016 Industrial Policy Action Plan targets to prevent industrial decline, support the growth and diversification of South Africa's manufacturing sector, as well as reduce the over-reliance on commodity exports..
the dti and the NBF invited private sector stakeholders to a seminar to elaborate and clarify on issues relating to industrial policy in South Africa and Southern Africa. At the event members of the private sector gained a better understanding of IPAP 2013, IDZs, SEZs and recent related developments in the SADC region.
The NEPAD Business Foundation in partenership with Siyenza and the Gauteng Province hosted the annual Infrastructure Africa Conference in July 2013.
The continental conference kicked off with keynote addresses from Minister of Public Enterprises of South Africa Malusi Gigaba and Premier of Gauteng Nomvula Mokonyane.
Political, government and private sector participants expressed overwhelming interest in playing a role to develop, finance and invest in infrastructure projects. The conference had different players share information and deliberate on latest industrial trends. Additionally, new business networks were established.
[Main image: Minister of Public Enterprises - Malusi Gigaba]
The NEPAD Business Foundation (NBF) hosted the first Mozambican Southern African Agriculture Development Partnership Platform (SADDPP) workshop in Maputo on 21 May 2013, bringing together the country’s agribusiness players and government agencies in deliberations on partnerships that can increase investment in the agriculture sector.
Speaking at the conference, Peter Esterhuysen, General Manager of Senwes Grainlink said, “This is something new and with the backing of USAID, this initiative will work. There is a clear vision of what SAADPP in Mozambique should be doing coming out of this workshop.”
Lyn Schneider, Agriculture Service Officer for USAID, also said, “It has been impressive to see the high level of commitment to this programme. The programme really brings in the private sector as partners.”
[Main image: Lynette Chen - CEO Nepad Business Foundation]
NEPAD Business Foundation (NBF) hosted the annual Founding Platinum Members and Ambassadors' luncheon on Monday, 3 June 2013.
At the luncheon the NEPAD Business Foundation launched the Infrastructure Desk (Afri-ID) supported by Transnet. The Afri-ID provides research, linkage and relationship services for governments and businesses pursuing or promoting infrastructure opportunities.
This Infrastructure Desk platform contributes to the development of investment and commercial opportunities for member companies, allows coordination on pursuing projects, provides leading information on developments in infrastructure and allows engagement between public and private sector. The desk has meaningful impact for spatial development and regional integration.
[Images from top: Mr Brian Molefe - Transnet SOC Ltd, Mr Stanley Subramoney - NBF, Mr Adama Deen - NPCA, Mr Andre Fourie - SAB, Ms Lynette Chen - NBF] giving perspectives on the Afri-ID and partnerships.
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The Institute of Directors in Southern Africa (IoDSA) and the Mauritius Institute of Directors convened a collaborative network of private sector membership organisations to tackle issues of corporate governance in Africa, supported by the NEPAD Business Foundation. The network aims to provide a platform for institutions with common goals of developing and implementing initiatives responding to the unique corporate governance challenges. The inaugural meeting took place on 24-25 January in Johannesburg, and was sponsored by Standard Bank.
Nedbank-NEPAD Networking Forum: African deal-making: Transforming Corporates and Countries for Investment Success
The NBF and Nedbank will host an event focusing on assisting corporates in transforming their strategies, in terms of business conduct and approach, which could enhance their acceptance and entry. The event will host Mr Miller Matola whose experience in branding South Africa will allow our stakeholders an inside look at corporate culture, dynamics around Africa and why some strategies work and others fail. Joining Mr Matola will be SmitCrouse, Managing Executive, Nedbank Africa Investments, Alliances and Strategy, who will speak about how transforming the implementation, cooperation and relationships between states on macro-economic issues