Breakout 1
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Fireside Chat
Saturday
|
9:00 am
Aldrich 111

Entrepreneurship through Acquisition: Owning and Growing Businesses in Africa

Entrepreneurship through Acquisition (ETA) is emerging as a compelling pathway for entrepreneurs seeking to own and operate businesses in Africa. While startups often capture the entrepreneurial spotlight, acquiring and scaling existing businesses presents a high-impact alternative for driving economic growth, preserving jobs, and creating value. This fireside chat will explore the real-world journey of acquiring and managing businesses in Africa.

Panelists will share insights on sourcing opportunities, financing acquisitions, operational considerations, and opportunities for aspiring entrepreneurs illustrated through case studies. Attendees will leave with a deeper understanding of the ETA model and the practicalities of executing acquisitions in diverse African markets.

Entrepreneurship through Acquisition: Owning and Growing Businesses in Africa

Entrepreneurship through Acquisition (ETA) is emerging as a compelling pathway for entrepreneurs seeking to own and operate businesses in Africa. While startups often capture the entrepreneurial spotlight, acquiring and scaling existing businesses presents a high-impact alternative for driving economic growth, preserving jobs, and creating value. This fireside chat will explore the real-world journey of acquiring and managing businesses in Africa.

Panelists will share insights on sourcing opportunities, financing acquisitions, operational considerations, and opportunities for aspiring entrepreneurs illustrated through case studies. Attendees will leave with a deeper understanding of the ETA model and the practicalities of executing acquisitions in diverse African markets.

America/New_York
Feb 15, 2025 9:00 AM
Aldrich 111

Other Sessions

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Lunches
Saturday
|
12:45 pm
Batten Hives 306
In Conversation: Patrick Njoroge
Join a Q&A with Dr. Patrick Njoroge on monetary policy, financial regulation, and Africa’s economy.
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In Conversation: Patrick Njoroge

[Students only] Join us for an exclusive Q&A session with Dr. Patrick Njoroge, former Governor of the Central Bank of Kenya. This is a unique opportunity for students to engage in an open and informal conversation, gaining insights into Dr. Njoroge’s career and his advice for African students preparing to start their careers. Bring your questions and be part of a dynamic discussion!

America/New_York
Feb 15, 2025 12:45 PM
Batten Hives 306
More Info
Lunches
Saturday
|
12:45 pm
Batten Hives 302
Redefining the Narrative: African Creatives Charting New Paths
This panel explores how African creatives use digital tools to overcome barriers and shape global narratives.
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Redefining the Narrative: African Creatives Charting New Paths

Despite growing recognition, African creatives often face cultural and systemic challenges in achieving global prominence. This panel will explore how African innovators are leveraging the digital space to break free from traditional norms, overcome obstacles, and carve out new opportunities. It will highlight key learnings from their journeys and examine how a fresh narrative of African creativity can inspire global audiences while maintaining authenticity. How can these trailblazers collaborate across borders to build a thriving, interconnected creative ecosystem that redefines Africa’s place in the global cultural landscape?

America/New_York
Feb 15, 2025 12:45 PM
Batten Hives 302
More Info
Lunches
Saturday
|
12:45 pm
Batten Hives 304
Nala: Building Africa’s Next Fintech Titan
Join Benjamin Fernandes for a raw, behind-the-scenes look at building and scaling a fintech in Africa.
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Nala: Building Africa’s Next Fintech Titan

Building a fintech company that reshapes how money moves across Africa—and beyond—is no easy feat. The challenges go far beyond the headlines. Few succeed in this market. To scale, you need more than a great idea—you need resilience, sacrifice, and relentless determination.

How do you convince Silicon Valley investors to back an African startup? What does it take to challenge the status quo in the global financial system? And what are the real, behind-the-scenes battles of building something that truly lasts?

Benjamin Fernandes, Founder & CEO of NALA, has lived it all—and he’s here to tell the unfiltered truth.

Born and raised in Tanzania, Benjamin first made his mark as a national television personality. But he had bigger ambitions. Earning scholarships that took him to the U.S., he became the youngest African ever admitted to the MBA program at Stanford Graduate School of Business. Yet instead of climbing the corporate ladder or staying in Silicon Valley, he took the harder road—building a company that would transform how Africans send and receive money across borders.

That company is NALA. What started as a simple remittance app has grown into one of Africa’s most ambitious fintech ventures. Today, NALA powers seamless, low-cost payments from the U.S. and Europe into Africa, cutting through the inefficiencies of the global financial system. Now, with a $40 million oversubscribed Series A funding round, and a Forbes cover story to match, NALA is expanding beyond remittances—building its own payment rails, launching a B2B platform (Rafiki), and setting its sights on global markets, including Asia and Latin America.

In this rare, behind-the-scenes conversation, Benjamin will pull back the curtain on the real journey—the wins, the losses, the breakthroughs, and the breakdowns. No filters. No fluff. Just the raw truth of what it takes to build and scale a fintech company in Africa.

If you’re an entrepreneur, investor, or believer in bold ideas and Africa’s unstoppable rise, you won’t want to miss this.

Come for the insights. Stay for the inspiration.

America/New_York
Feb 15, 2025 12:45 PM
Batten Hives 304