Opening Keynote with Mostafa Terrab

Africa accounts for only two to three percent of global greenhouse gas emissions, yet it is disproportionately affected by the impacts of climate change. Key development sectors have already experienced severe damages including water shortages, reduced food production, biodiversity loss, loss of lives and reduced economic growth. Populations as well as businesses alike are increasingly exposed. Governments, businesses, and civil society must collaborate to deploy and scale solutions across industries that accelerate climate resilience and adaptation. Africa is also uniquely positioned to capitalize on the international transition to “green growth”, with opportunities to tap into new, fast-growing industries that can help to reduce global emission while creating jobs and economic development at home. This panel highlights investors, operators, and advisors to businesses and governments who aim to build synergies on the continent between climate adaptation and sustainable growth.

It is estimated that over $5 billion was invested across Africa in 2022 – the number of start-ups is growing quickly. As the ecosystem matures, the expectations are higher for founders in Africa. Join us for an intimate fireside with some of Africa’s leading start-up founders. We will delve deep into the highs and lows of being a founder – from building a world-class team, attracting customers, and fundraising, to maintaining self-care.

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$8 billion dollars later, what have we learned in the past decade about the enduring lessons of investing in and building successful early stage companies in Africa? Africa has seen a complete market cycle of boom and bust in the VC ecosystem, its first few exits and IPO, and a flurry of founders and media coverage. This panel features insights from serial founders, early stage VCs and leading accelerators. Expect to hear riveting insights on key questions including - What early stage investors have gotten right and wrong in choosing winners? How founders are getting wiser on choosing investors and achieving PMF? How the ecosystem will evolve as it unlocks new types of capital like venture debt and new models like studios?