Sierra Leone entrepreneurship leader wins place on prestigious pan-African program

News
GEN Sierra Leone has won a place on a prestigious scheme to help solve the problem of Africa’s ‘invisible innovators’. We are one of 15 elite ‘entrepreneur support organisations’ on the VilCap Communities Africa training programme, selected from hundreds across the continent. On the programme we will be introduced to the latest thinking in how to help entrepreneurs in our locations flourish and get funding. Without such support, investors could continue to overlook talented African innovators for what they consider safe bets.* The program starts in Lagos and then tours two of Africa’s other top ‘startup ecosystems’, Nairobi and Cape Town, for inspiration. *72% of start-up funding in (East) Africa went to just 3 companies in recent years for example (Source: Disrupt Africa), whilst “impact investors see fewer viable, investable…
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The 5 Ws of an Agribusiness Investment Forum… in Sierra Leone

Agribusiness, News
What is this? An investment forum that will bring together investors, entrepreneurs, and other diasporas with key roles to play in supporting enterprise development in Sierra Leone to connect, interact, and problem-solve to enhance prospects for development of agribusiness enterprises that can contribute to inclusive growth in Sierra Leone.  A unique group that features our compatriots in the diaspora combined with a rare appearance by a group of Japanese private companies will descend into Sierra Leone. Preparing for them are Sierra Leone agro-based enterprises (agribusinesses) that have been selected via an independent company and process.  They will offer bankable projects hopefully, to the investors.  The names of those companies will be announced in due time. Who is doing this? The IOM with funds from the Government of Japan is sponsoring…
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Freetown Pitch Night Report Theme: Mayor’s Pitch Night Special

Pitch Night
With a focus on managing waste in Freetown, the “Mayor’s Pitch Night Special” held on 1st August, 2018 was an outstanding example of how Freetown’s business community can generate solutions to some of our most pressing problems. The event was opened by the Chairman of GEN Sierra Leone, Mr. Sheka Forna. He reiterated why Freetown Pitch Night decided to hold the “Mayor Special Pitch Night”. Under the right conditions, entrepreneurs can have incredible power. They can help regions prosper economically and, as they help engineer innovative solutions to problems and challenges, they can also serve society. Yvonne Aki-Sawyer OBE, Freetown’s new Mayor, won a comprehensive mandate from the  voters of Freetown. This mandate includes job creation for the city’s young people and better waste management. As new and growing businesses…
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Dr. Sulaiman Lakoh of Sulryka’s Investment

entrepreneurs, Profile
Dr. Sulaiman Lakoh is the Founder of Sulryka’s Investment. He holds a Membership from the West African College of Physicians, a Master of Public Health from Texila American University, a Certificate in Clinical Management of HIV from University of Washington and various certifications on entrepreneurship from Young African Leaders Initiative. As a Specialist Physician with background in Infectious Diseases including “One Health”, he plays a pivotal role in ensuring that high quality clinical services are maintained in the management of patients with communicable diseases in Sierra Leone. He provides technical assistance and consultancy services for the National HIV, TB and Infection Prevention and Control Programmes. Dr. Lakoh has the ability to initiate ideas. One of the numerous ideas he has initiated is the concept on the generation of the organic…
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SHAE RECYCLING

SHAE RECYCLING

entrepreneurs, Profile
What started as a passion for looking at different alternative solutions into ways in which we can transform our waste generated into better use , instead of just disposing of it anyhow more especially in the street  , has now been turned into a full time business, according to the founder and CEO of SHAE Recycling Mr. Emmanuel Mac- Boima. The company which is a family run company started out in the early 2017, when Mr. Mac- Boima started doing research into what are the possibilities and the suitable waste recycling application that could be applied in the Sierra Leone Context. Few months down the line SHAE Recycling Company Ltd was started with the core activity of doing garbage collection for both domestic (household) and commercial business houses, using the…
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Enabling the Entrepreneurial Ecosystem in Sierra Leone.

Articles
The term ‘ecosystem’ in a business context was coined by Moore (1993) in an article where he argued that businesses do not evolve as isolated entities but develop through interaction with suppliers, financiers and customers. Stam (2015) proposed entrepreneurial ecosystems are “a set of interdependent actors and factors coordinated in such a way that they enable productive entrepreneurship”. An Entrepreneurship Ecosystem is ‘a set of interconnected entrepreneurial actors (both potential and existing), entrepreneurial organisations (e.g. firms, venture capitalists, business angels and banks), institutions (universities, public sector agencies and financial bodies) and entrepreneurial processes, which formally and informally coalesce to connect, mediate and govern the performance within the local entrepreneurial environment’. Entrepreneurship Ecosystems facilitate the creation of environments conducive to collaboration, synergy, networking and internationalisation. They further encourage and spur innovation. Evidence shows that…
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