The AfroChampions Initiative is a set of innovative public-private partnerships and flagship programs designed to galvanize African resources and institutions to support the emergence and success of African private sector multinational champions in the regional and global spheres.
The Initiative is driven by prominent private and public sector Africans in recognition of the fact that the emergence of homegrown pan-African companies represents something very special in the history and struggle of Africa. And that they must act together to promote and harness their success for the continent’s transformation.
Their Mission
To forge innovative partnerships between the private and public sector that facilitate the birth of a critical mass of African multinational companies and their graduation into African global giants; To guide this ecosystem of emerging multinationals to accelerate local and regional economic clusters that drive Africa’s integration, transformation and its global economic leadership.
The Initiative, driven by the AfroChampions Organization, was founded by the advisory firm Konfidants; and is Co-Chaired by President Thabo Mbeki and Mr. Aliko Dangote, President and CEO of Dangote Group.
The AfroChampions Initiative pursues its mission through multiple flagship projects, programs and partnerships under the AfroChampions 2030 Plan.
- Advocacy on Private-Sector Driven African Integration – this is the primary focus of the Initiative. Through their various platforms led by the AfroChampions Club, they mobilize the power of Africa’s largest companies and multinationals to engage governments and regional bodies and work with them to shape and accelerate African integration.
- Policy Innovations to Drive intra-African Commerce – Through public-private partnerships, they work with African governments to support policies and public-sector innovations that drive African economic integration, regional economic clusters and regional value chains.
- Corporate Best Practices that Champion Africa – they are pioneering the AfroChampions Charter, a set of corporate and investment best practice principles that benchmark and guide how African multinationals and companies can champion African transformation and integration in ways that positively impact communities and people.
- Capacity Building in pan-African multinational management through support for their innovative sister flagship – the Djondo Fellowship. The Fellowship is Africa’s premier capacity building platform for companies in African cross-border expansion and management.
- Corporate Networking– Through the AfroChampions Club and AfroChampions Summits they offer an exceptional networking platform for ideas, deals and community service for Africa’s biggest corporates.
- Research, Benchmarking & Knowledge-sharing – they work with multiple knowledge partners to commission and sponsor research into market and policy forces impacting AfroChampion companies, the interplay between companies’ cross-border integration efforts and government policies, and the global prospects of AfroChampion companies.
- The Global AfroChampions Agenda – Through the African Globalizers Program, they are committed to ensuring that Africa’s multinationals extend their influence beyond the shores of Africa and grow into African global giants that shape the world economy.
- Celebrating AfroChampions – through the AfroChampions Awards and other platforms, the Initiative honors and celebrates AfroChampion institutions and individuals – from both private and public sectors that are transforming and integrating Africa.
