Huge opportunity for impact… How can faith driven entrepreneurs can get involved in supporting entrepreneurship in Africa.
— Karibu Nyaggah
When I was a child, I emigrated to the US from Africa with my family and never looked back. When I finally did go back in college, a deep desire was planted, growing stronger with each subsequent trip, to use my position of privilege and the skills I had gained to make an impact on the continent. On one such trip to my native homeland of Kenya, I met Courtney Rountree, one of my co-founders at Sinapis, and we began discussing the pressing problems we were seeing in front of us and how we could leverage the power of business to create positive economic and social impact. Although we did not know it at the time, Africa was truly on the cusp.
Indeed, its coming ascendance is well researched. In June 2010, McKinsey released a seminal report on Africa that projected by 2020, Africa’s GDP would reach $2.6 trillion, up $1 trillion from 2008. With increasing urbanization, Africa’s labor force is projected to reach 1.1 billion by 2040, overtaking China and India. By 2020…