Untapped Global Partners with Africa Chamber of Digital Commerce to Accelerate Socio-economic Development in Emerging Markets
Minneapolis, MN & San Francisco, CA — Jan. 27, 2022 — Africa Chamber of Digital Commerce (ACOFDC) and the Investment power house Untapped Global are pleased to announce they have entered into a global strategic partnership for the ACOFDC Investment Deal Hub at the ACOFDC Summit ’22 at USA Pavilion / Expo 2020 Dubai. This partnership brings together Untapped’s smart financing models and Investment expertise with ACOFDC’s world class -driven initiatives and network to accelerate socio-economic development in emerging markets.
According to the World Bank, the funding gap for SMEs in emerging markets is $5.2T. This represents a momentous opportunity to unlock trillions of dollars of growth and wealth creation in the fastest-growing markets, by connecting those with the money to those with the know-how to make the biggest impact.
The ACOFDC and Untapped Global partnership will accelerate inclusivity and unlock the potentials of young men and women on the continent of Africa and diaspora communities to create and grow their business ideas into successful companies with long-term investment especially in strategic sectors; conducting investments and business activities in a manner that delivers financial returns to shareholders as well as economic and social benefit to stakeholders and facilitating intra-regional commerce and trade through the development of national and cross-border physical infrastructure, and the harmonization of policies and practices, among many others in this era of digital economy
“Partnering with Untapped Global to deliver profitable investing in emerging markets will provide a safe space for investors, entrepreneurs, public and private sectors to create opportunities for the next billion entrepreneurs and unlock infrastructure financing globally.
“Together, working as one team, we will unlock the full potential of digital transformation and place emerging markets on the best path for success in the new digital business and investment landscape .” Says Eric Kaigama, President and CEO of the Africa Chamber of Digital Commerce
As an indication of commitment to the partnership, Untapped Global led by Jim Chu will bring a dynamic connection with global investors and access to some of the most promising startups in Africa.
Additionally, the collaboration represents a step-change in the democratization of access to capital in rural Africa, enhanced and leveraged with emerging tech methodologies.
The ACOFDC Investment deal hub is the main deal; we invite startups, investors, State/Federal governments and corporate organizations to take advantage of this amazing opportunity that the ACOFDC Summit presents.
About Africa Chamber of Digital Commerce (ACOFDC)
A diaspora led multi sectoral non profit entity, that focuses on sustainable digital economic development in Africa. Our mission is to aid the acceleration of the adoption of emerging technologies across all industries in Africa; through advocacy, education, and strategic partnerships in alliance with policymakers, regulatory agencies and Captains of industries.
For more information or media requests, please contact Jiraji Kelvin Tersoo,Engr. kelvin@acofdcinc.org
About Untapped Global
Based in San Francisco with teams in East Africa, West Africa, the Caribbean, and Europe, Untapped Global is reshaping profitable investing in frontier markets. On a mission to empower the next billion entrepreneurs to scale to their full potential, Untapped creates opportunity by connecting frontier market innovators to global investors through its Smart Asset Financing™ platform that provides CAPEX financing for revenue-generating assets around the world, and its global investment network, The Nest.
For more information or media requests, please contact Lundie Strom lundie@untapped-global.com.
