Accelerated Africa Conference (AAC+) 2018



Contract partner: United Nations Industrial Development Organization Country: Entwicklungsländer, unspezifisch Funding amount: € 50.000,00 Project start: 15.11.2018 End: 31.05.2019

Short Description:

Overall goal


The conference aims to contribute to promoting entrepreneurship skills development and partnership creation, thereby fostering the inclusion of the African diaspora as a developmental drive and encourages South/South and North/South dialogue through digital solutions and partnership creation.


Expected results


1. Young entrepreneurs from the continent and from the diaspora see their capacity / awareness increased through the master classes provided;

2. The representation of the Diaspora as a critical player in developing the African continent is recognized and the EU-Africa dialogue facilitated;

3. A policy guiding/ action plan is successfully developed by young entrepreneurs directly feeding into the Africa/EU High level forum to take concrete action and foster young and diaspora involvement towards reaching the SDGs.


Target group / Beneficiaries


The Conference will bring together roughly 150 aspiring and established entrepreneurs from the diaspora and the African continent as well as representatives from the private sector and government.


Activities


ACC+ will offer master classes targeted to entrepreneurs from the diaspora and the African continent on issues related to business partnership development, digitalization & IT, sectoral positioning, enhanced communication challenging environments, and innovative financial solutions. The emphasis will be on the economic and social potential that the diaspora represents and the role it can play if channeled correctly in achieving the SDGs. A reflection session will also take place to define main challenges encountered today by entrepreneurs evolving in the African context or diaspora / EU based private sector entities aiming at doing business with the African continent. Its purpose will be to elaborate a policy guiding paper / action plan from the youth and the diaspora which will offer concrete solution to political leaders for job creation, local development, migration, etc. through digitalization during the closing ceremony. It will also advocate for a suitable enabling environment to be created to foster North/South, South / South cooperation, socio-economic exchanges and partnership building.


Context


The AAC+ conference will be organized on 17 December 2018 and will then feed into the EU-Africa HLF on 18 December 2018.

project number 2839-02/2018
source of funding OEZA
sector Handel
tied
modality Other technical assistance
marker
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.