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From the The
Africa Growth Institute website:
It is now very clear that the development of Africa depends on the growth of the SMME sector. This sector provides more than 95% of Africa’s workforce...The 2008 Africa SMME Awards aims to recognise the success and vitality of the Africa SMME sector. This unique annual awards program has been established specifically to acknowledge, encourage and celebrate excellence amongst African SMMEs by giving them the opportunity to gain valuable exposure and well-deserved recognition for their global expansion ambitions. Winners of the Awards will feature prominently in the media. Our goal is, therefore, to help the Africa SMME business sector grow and prosper, and to market Africa as an investment destination for the rest of the world.
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The Africagrowth Institute has announced a conference to be held in October 2008 in Cape Town that will recognize outstanding small, medium, and micro (SMME) African enterprises (Hat tip: Timbuktu Chronicles). The conference website describes what kind of businesses they're looking for:
The Africa SMME Awards are presented to businesses that strive for excellence in order to be competitive in national, regional, and international markets. These businesses are well established, in good financial shape and enjoy a reputation for quality, integrity and service. Furthermore, they act in a socially responsible manner and create a work environment in which their employees can learn and grow.
The Africagrowth Institute is looking for nominees until the end of July, so you still have time to make a submission.
51r2jwmdhzl_ss500__2If you want some inspiration before making your nomination, you can do a little background research on entrepreneurship in Africa by reading David Fick's Africa: Continent of Economic Opportunity (pictured). In this 500+ page volume, Fick tries to make clear that "[w]hile many write off Africa as the continent of despair, other enterprising individuals and organisations have recognized the huge, untapped potential of Africa and are actively pursuing business ventures across the continent."
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