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may13 1

Realizing Africa's Wealth - Building Inclusive Businesses for Shared Prosperity

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Africa’s wealth lies primarily in its people – a young and growing population in search of opportunity. By enabling these individuals to engage in business, the private sector unleashes people’s potential. Inclusive businesses integrate low-income people into their value chains, thus creating opportunities for this group in a targeted way. It is our joint interest to create a better basis for communication and coordination among actors from different sectors working to support inclusive businesses in sub-Saharan Africa.

The upcoming UNDP flagship report: “Realizing Africa’s Wealth – Building Inclusive Businesses for Shared Prosperity“ aims to be a starting point in what is expected to be a continuous process of mapping, understanding and improving local support for inclusive business.

The report will provide the status quo on inclusive business and its promise in Africa with insights from over 170 in-depth enterprise and ecosystem case studies, expert interviews and survey responses.

The study points out that including the poor into the value chains is key to increasing business opportunities, providing employment and take advantage of high growth rates with regards to food security and poverty reduction.

By providing incentives, information, investment and implementation services, actors from all sectors can improve an inclusive business friendly environment and contribute to the achievement of the Millennium Development Goals and their post-2015 agenda through a successful scale-up process.

 

The report clearly emphasizes on joint and coordinated action of diverse public, private and civil society actors.