The event aimed at exchanging knowledge and experience on the investment opportunity in The Republic of Botswana. This included exploring and discussing vision 2036, the emerging innovation & startup ecosystem as well as the quality and effectiveness of business support structures in Botswana. Young entrepreneurs, investors and experts gathered in Brussels to share experiences, insights, and know-how, dishing out how to’s for potential investors, and inspiration for the rest.
Schuman Associates presented the latest policy trends regarding EU-Africa relations with a view on the upcoming Africa-EU summit taking place in Abidjan in November. From the funding perspective the EU has allocated 33 MEUR under the current 11th EDF to Botswana to work on the education and the governance sector aiming at improving TVET systems and public service delivery respectively. The new EU External Investment Plan – expected to leverage up to 44 BEUR on private investments – will also represent a window opportunity for investors looking forward to unlock the country’s potential.
In addition – Schuman Associates presented the Winning Business in Africa portal – a joint initiative between Ibec, Department of Foreign Affairs and Trade and Schuman Associates. This pilot project aims to provide Irish companies with relevant information on EDF contracts in Africa in order to facilitate and increase their participation in the tendering process. The project is also aligned to the Department of Jobs, Enterprise and Innovation’s Action Plan, which is aimed at assisting indigenous businesses to grow, as well as assisting small companies to participate in large contracts.