In line with its overarching transformative Extrapreneurship model, the Sahara GroupFoundation, the social impact vehicle of energy conglomerate, Sahara Group, hasofficially flagged off its Making A Difference Around Africa (MADAA) initiative aimed atgiving wings to the aspirations of African entrepreneurs.
Speaking at the unveiling of MADAA, which attracted stakeholders from corporate businesses, entrepreneurs, and members of the press, Chidilim Menakaya, Head Of programs at Sahara Group Foundation, said the initiative promises sustainable economic opportunities to its target demography, which are budding entrepreneurs with remarkable business ideas.
According to her, “MADAA is a strategic platform developed by Sahara Group foundation to identify entrepreneurs and social innovators who are on the cusp of greatness and provides the much-needed impetus to scale their novel ideas, as well as their small businesses, to great heights.”
Menakaya explained that the launch of the MADAA initiative underscores Sahara Group Foundation’s unwavering commitment to “building sustainable communities through Extrapreneurship,” and represents the first project amongst an array of curated social interventions designed to promote sustainable development in Africa “by growing and scaling the base of entrepreneurs who have exceptional ideas that can transform thecontinent’s economic fortunes.”Open till the end of November 2024, application to MADAA is now underway, with beneficiaries expected to ultimately leverage the platform to assume leadership and influential roles in their various business niches.
“We are actively on the lookout for the extraordinary, the unusual, those whose business ideas can be nursed to fruition sustainably, particularly with the deployment of locally occurring resources.Entrepreneurs desirous of moving their craft to the next level need to head towww.saharagroupfoundation.org to apply for MADDAA right away”
Menakayaemphasized.Shortlisting of candidates begins in December ahead of the final selection of beneficiaries to feature on the actual program which starts in Q1 of 2025. MADAA beneficiaries will have access to a robust suite of resources, including financial and investment support worth 100 million USD and mentorship from seasoned industry experts.
MADAA’s launch comes amid Sahara Group Foundation’s drive for inclusiveness and
progressive partnerships that promote expansion, business advisory, and capacity
development in the Medium Small and Micro Enterprises (MSMEs) sector across the
continent. “MADAA seeks to support African home-grown innovations and businesses
to succeed, scale and thrive sustainably, thereby establishing an integrated ecosystem
of collaborators actively contributing toward transforming economic development in
Africa,” Menakaya concluded.
