Regional business entities in joint efforts to dri...

Regional business entities in joint efforts to drive growth and economic empowerment

Zim Now Writer

Two regional business entities, Africa Business Inc and Empower Afrika, have entered into a pan-African partnership aimed at driving market expansion, financial literacy, and economic empowerment.

In a press statement, Empower Afrika chief executive officer, Dr Jose Muzingu highlighted his organisation ’s role in the partnership.

"Empower Afrika is set to play a pivotal role in introducing Francophone businesses to Africa Business Inc's network, as well as rolling out financial intelligence seminars tailored to address specific financial literacy needs of entrepreneurs. These seminars aim to empower businesses with essential financial skills, promoting sound financial management and sustainable growth."

Dr Muzingu's Africa Business Inc counterpart, Stephene Chikozho, said the collaboration is set to open new avenues for Anglophone, Lusophone and Francophone businesses to enhance investment opportunities across the continent. "This partnership is anticipated to enhance opportunities for meaningful trade collaborations, knowledge sharing and mentorships, essential for business success."

Through the partnership, businesses will be able to penetrate new markets where each has significant influence, thus broadening their reach and potential for growth.

Empower Afrika will also facilitate crucial networking opportunities, connecting Francophone businesses with influential leaders and legends within the Africa Business Inc network.

The initial project is designed to afford businesses the necessary tools for entrepreneurship development, and effective financial management as well as growth with both organisations expressing a commitment to work together on joint business ventures and projects, sharing resources, facilities and expertise to achieve mutually beneficial outcomes for their members.

Businesses and entrepreneurs across Africa are looking forward to new opportunities, enhanced support, and a brighter future in the global market as this collaboration unfolds.

The entities' move is set to reshape the business landscape across the continent, with the Johannesburg, South Africa headquartered Africa Business Inc and Empower Afrika Empower - whose headquarters is in Dallas, United States - leveraging on research findings that reflect a positive correlation between financial literacy and entrepreneurship and sustainable growth.

Empower Afrika is dedicated to supporting Francophone businesses in Africa through the provision of market expansion opportunities, networking and financial literacy programmes in a bid to drive economic empowerment and sustainable growth across the continent.

Africa Business Inc, on the other hand, is focused on creating a thriving business ecosystem as well as establishing a network of entrepreneurs that promote collaboration and sustainable, economic development across Africa.

It also holds knowledge sharing events, assists businesses to create high value collaborations, and drives sustainable development for member businesses.