AfricaNXT 2022
PROSPR
Monday, February 28, 2022
DATA DRIVEN E-COMMERCE: MAKE BETTER DECISIONS. CREATE BETTER PRODUCTS. DELIGHT YOUR CUSTOMERS
More and More businesses in the E-commerce industry are being created in Africa, unfortunately little will succeed. This is not because the rest don't have good business ideas but because behind every number is a user/customer.
An ecommerce businesses should rely on data especially while making business decisions. How do you recognize data. What is Data to a lady selling makeup products in her dorm room? How does she recognize the use of data?
It is our hope that every business owner not only knows how to recognize data but how to use data. We want to change business by errors .
This session will create not just a more in depth knowledge of data and analytics using artificial intelligence but will also broaden the industry into overlooked data and create possible solutions and collaborations.
KEY TAKEAWAYS
[1] The importance of data in the e-commerce industry
[2] How e-commerce businesses can effectively leverage data
to make better decisions, create better products and improve the the customers overall experience and journey.
[3] Best practices to scale your business using analytics
This session is hosted by Brand Drive
BRIDGING THE AFRICAN DIGITAL ECONOMY GAP
The fast rise of the African digital economy serves to improve the lives of Africans and transform underserved communities. Africa has a unique opportunity to become more sustainable and create economic growth through the better use of e-commerce and social space. The growing gig economy is part of the African economy that brings people closer together, creates jobs and makes societies more efficient.
Africa has a chance to successfully bridge the knowledge gap and the impact of digital technologies to monetize their skills and enhance their entrepreneurial qualities.
Our panelists will be sharing their knowledge of digital technologies and exploring various topics such as:
1. The opportunities within the African Digital Economy
2. How to leverage your current skills and stand out in the competitive online marketplace.
3. Building a social media brand/portfolio.
4. The customer service experience and how it affects service delivery.
5. Scaling a business in the digital economy (a B2C/B2B perspective).
The Session is Hosted by Bookings Africa
Tuesday, March 1, 2022
INVESTMENT - LET NOTHING STOP YOU ON YOUR WAY TO PROSPERITY
The session seeks to acquaint individuals new to the stock market with basic investment terms and enlighten them about the various and simple ways of earning wealth through investments with minimal funds. The discussion will border on what to know before making investments, the benefits of investing, how to invest in line with risk appetites and so on. The audience is suitable for everyone seeking to know more about investments.
At the end of the session, the audience will know how to assess their risk appetite and requirements of making an investment. The audience would have also learnt the various types of investments then the benefits and usefulness of investments.
Africa NXT 2022 is focused on reimagining Africa’s economic developments. Stanbic IBTC through its various initiatives, products and services is committed to Nigeria’s prosperity and Africa at large.
BUILDING SCALABLE SMEs: AI AND THE POWER OF 'MORE'
A more productive small and medium scale enterprises (SME) ecosystem is a critical part of broad-based development in Africa. African SMEs provide about 80 percent of jobs across the continent through the 44 million micro, small, and medium enterprises, almost all of which are micro.
In Nigeria, SMEs make up 99% of businesses in the country and have contributed 49% of GDP in the last 5 years, according to data from PwC. This means any realistic approach to achieving SDG 8’s goal of promoting sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all, must necessarily include improving SME productivity on the continent.
Technology certainly offers options that enable SME productivity. This conversation will seek to help SMEs understand how an Artificial Intelligence (AI) as a service approach can help them increase brand exposure, improve business processes and customer experience and increase sales.
We want to have a simple conversation about a subject that is thought to be very complex, to help SMEs understand that they can be more and do more with the power of AI.
This session is hosted by Kliqr
BITCOIN AND THE FUTURE OF AFRICA
Globally, people are solving a variety of problems using technology. One of the recent use cases of technology in problem solving is the Blockchain, creating a borderless payment solution with Bitcoin leading this, which makes a wider adoption of Bitcoin as a store of value inevitable. Given the peculiarity of the African experience, it is only right that Africans position themselves to benefit from the creation and sustainability of wealth through Bitcoin.
This session aims to educate and simplify Bitcoin as an asset for Africans as well as highlight the importance of investment strategies like Dollar Cost Averaging. The panelists will simplify Bitcoin, the Lightning Network and what its adoption means for Africans and the future of the continent.
POWERING INNOVATION FOR THE NEXT BILLION: THE ROLE OF LOCAL INVESTOR COMMUNITIES
As at Q3 2021, startups in Africa had raised $2.9Bn+ in over 515 deals according to data from Africa:The Big Deal. While most of the funding comes from investors abroad, local investors are often the ones writing cheques for early stage start-ups, usually at the pre-seed and seed stages. According to Partech, early stage companies accounted for 64% of the 359 funding rounds above $200K in 2020, representing $220M of the $1.4Bn invested in startups on the continent.
Local investors often have first hand experience of the challenges these startups are attempting to solve and are best positioned to provide advice and honest feedback to the founders in addition to early funding (usually between $25K to $100K) needed for these startups to build out their solution and acquire the early customers to validate their solution. More money in the hands of local investors would mean more early stage startups getting funding. These early bets give startups a fighting chance.
At the end of the panel session, attendees should be able to understand:
[1] Fundraising models being adopted by local investors in Africa
[2] The roles and functions of VC platforms in promoting Innovation in Africa
[3] How we can build more robust local investor communities in Africa
This session is hosted by Blacklight Solutions
Wednesday, March 2, 2022
BUSINESS FINANCING FOR YOUNG ENTREPRENEURS
The focus of this discussion will be to enlighten attendees on how to access grants, loans, and other channels of funding, that will enable the growth of their small and medium businesses and also help in fulfilling their goals. The session is suitable for Entrepreneurs, Startups, Students, Youth and anyone interested in starting a business.
This Session is hosted by STANBIC IBTC
Thursday, March 3, 2022
ONE MARKET: OPPORTUNITIES. PROSPERITY.
Africa is being viewed as the last frontier for man in almost all ramifications. Ever since the beginning of the industrial revolution, Africa has trailed the world in terms of innovation and development and this has continued into the 21st century. However, Tech is giving Africa some form of springboard to plug into the world economy beyond being the raw material compound of the world. The advent of tech offers Africa an opportunity to key into the world economy. It is therefore important that we create policies that enhance the growth of African markets in the global emerging markets.
“One Market” is a panel-styled conversation that seeks to bring together young professionals, Pan-African entrepreneurs, emerging marketers, social activists and stakeholders to discuss the rapid development of the African market, the current technological trends and its key role in intra-African Trade.
The biggest challenges faced by African markets include currency exchange, import-export regulations, access and utilisation of digital and technology amongst others. Importantly, Africa has a large expanse of brilliant young people who can tap into the worldwide gig economy but are stopped from doing so due to challenges caused by our regulatory framework. This conversation will highlight the history of policies, the present policies and how the present realities can influence policies in such a way that it brings economic prosperity to Africa. A deep dive into the realities of African markets and opportunities for growth by industry experts will bring to foresight areas for improvement and encourage off-stage conversations.
***************This session is hosted by YouthHub Africa********************