AMI launches $4.5M partnership with Mastercard Foundation in Rwanda

 

African Management Initiative (AMI) recently announced a new partnership with the Mastercard Foundation in Rwanda. A $4.5M programme will support around 7,000 young Rwandans to build their skills and businesses in the hospitality and tourism sector.

This programme is part of Hanga Ahazaza, a US $50 million initiative from the Mastercard Foundation focused on increasing employment opportunities for young people while expanding the hospitality and tourism sector in Rwanda.

 

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Entrepreneur's Portrait: Falihery Ramakavelo, Director of VATEL Madagascar

 

 

VATEL Madagascar is a hospitality management school, part of the global network VATEL, created in 2014 by Falihery Ramakavelo and his wife Hanitra Ramakavelo. The main site is located in Ambatoroka, Antananarivo, and a new campus will be opened in October 2019 in Morondava to welcome students of the Ecotourism Master’s degree.

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Launch of Africa Radio in Abidjan

 

Listened to on the FM band in Paris and on social networks in Africa and Europe, Africa Radio (formerly Africa N°1) now broadcasts in Abidjan on 91.1 FM.

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Entrepreneur portrait: Aramatou Coulibaly, RAMA CEREAL

 

RAMA CEREAL is an Ivorian agro-industrial company specialising in the processing of cereals such as millet, maize and rice, supported by Comoé Capital, the first impact investment company dedicated to financing and supporting small and medium-sized businesses (SMEs) with high potential in Côte d'Ivoire.

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The milk of Laiterie du Berger is no longer subject to VAT in Senegal.

 

La Laiterie du Berger continues to change the rules and participates in the structuring of the dairy sector in Senegal. After two years of work with the Ministry of Finance, the latter has just formally decided that the pasteurised milk produced by the company would no longer be subject to 18% VAT.

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AMI closes $1.8M Series A partnering with I&P

African Management Initiative (AMI) is one of the first companies in the IPAE 2 fund. A pioneer in the training sector in Kenya, the company has developed practical modules with the main African business schools. The training courses offered are aimed at African entrepreneurs and managers and are based on a blended offer of online materials and workshops with experts in their fields.

 

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Eight I&P-funded companies highlighted in the report "Companies to Inspire Africa"

The London Stock Exchange Group has published the second edition of its report "Companies to Inspire Africa". This report aims to identify the most inspiring and dynamic high-growth African companies in the market. Like I&P, the LSEG believes that these companies have a crucial role to play in the development of the continent.

 

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Meeting with Myriam Kadio-Morokro Brou, founder of the clinic PROCREA

 

The clinic PROCRÉA, specialized in reproductive health, began its activities in 2008. Based in Abidjan, it is now the leader in Côte d'Ivoire for medically assisted reproduction. PROCREA is the latest investment of the fund I&P Afrique Entrepreneurs 2 (IPAE 2), launched in December 2017.

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