Business leaders packed UBA House in Westlands for a major entrepreneur meeting. The Tony Elumelu Foundation teamed up with UBA Kenya to bring small business owners together. Top executives wanted to help create stronger networks across the country. The gathering focused on helping entrepreneurs find better support systems. Company chiefs believe these connections will boost local businesses.
Somachi Chris-Asoluka from the Tony Elumelu Foundation told the crowd that startups can change Africa forever. She thinks small businesses hold the power to transform entire economies. Mary Mulili from UBA Kenya announced special loan packages for entrepreneurs. The bank has already helped more than 1,200 business owners around Kenya. These financial products will help companies grow much faster.
The foundation has pumped over 100 million dollars into African startups since 2015. Their money has reached 24,000 entrepreneurs across 54 different countries. These businesses have made 4.2 billion dollars and created 1.5 million jobs. Huntington Mambo from Mambo Software shared his success story from 2018. Maureen Amakabane from USAFI Sanitation told how the program saved her company after two failures.
Dr. Rosemary Gituma pushed other leaders to mentor young business owners. She believes coaching matters more than just handing out cash. Kenya recently broke into the top 60 startup countries worldwide. The mixer showed that entrepreneurs need community support to succeed. UBA Kenya plans to expand these networking events across the region.
Somachi Chris-Asoluka from the Tony Elumelu Foundation told the crowd that startups can change Africa forever. She thinks small businesses hold the power to transform entire economies. Mary Mulili from UBA Kenya announced special loan packages for entrepreneurs. The bank has already helped more than 1,200 business owners around Kenya. These financial products will help companies grow much faster.
The foundation has pumped over 100 million dollars into African startups since 2015. Their money has reached 24,000 entrepreneurs across 54 different countries. These businesses have made 4.2 billion dollars and created 1.5 million jobs. Huntington Mambo from Mambo Software shared his success story from 2018. Maureen Amakabane from USAFI Sanitation told how the program saved her company after two failures.
Dr. Rosemary Gituma pushed other leaders to mentor young business owners. She believes coaching matters more than just handing out cash. Kenya recently broke into the top 60 startup countries worldwide. The mixer showed that entrepreneurs need community support to succeed. UBA Kenya plans to expand these networking events across the region.
