This initiative aims to create a new generation of African entrepreneurs

Tomorrow's entrepreneurs play a crucial role in the growth of the private sector and are essential for job creation in Africa. To nurture this new generation of entrepreneurs, the Allan and Gill Gray Philanthropy has launched the Gisiri Talent Investor Programme. This initiative aims to support exceptional individuals with entrepreneurial drive and passion in Kenya and Rwanda, both locally and in diaspora communities. The programme provides fully funded entrepreneurship development for one year, guiding aspiring entrepreneurs from ideation to market entry. The programme focuses on removing barriers to entrepreneurial success at the individual, team, and business levels. Through mentorship, business advisory, and connections to industry experts, the programme equips participants with the necessary skills and resources to succeed in their entrepreneurial journey. Successful ventures from the Talent Investor Programme have the opportunity to progress to the accelerator phase, where they receive additional support and access to various funding sources. In a recent interview with CNBC Africa, Aline Kabanda, the Rwanda Country Director for Allan and Gill Gray Philanthropy, highlighted the importance of supporting entrepreneurs in overcoming challenges and realizing their potential. Kabanda emphasized the significance of long-term, patient, and holistic entrepreneurship development to foster a new generation of successful entrepreneurs. When addressing the job creation targets set for 2030, Kabanda expressed optimism about the continent's ability to achieve them despite facing various challenges. With a young population that is highly innovative and creative, Africa provides a conducive environment for human capital development and entrepreneurship. Programmes like the Gisiri Talent Investor Programme play a crucial role in supporting entrepreneurs in launching ideas and creating job opportunities that contribute to achieving long-term goals. Kabanda also discussed the support needed by the new generation of entrepreneurs, noting that while youth possess innovative ideas, launching a business venture requires guidance and support. The Talent Investor Programme offers individualized support through different stages of the entrepreneurial journey, helping entrepreneurs navigate challenges and understand market dynamics. Furthermore, Kabanda highlighted the impact of Jasseri, a product of Allan and Gil Gray philanthropy, which is sector-agnostic and supports ventures from various industries. The philanthropy invests annually in selecting two cohorts of 50 fellows each from Kenya and Rwanda, providing resources and opportunities for entrepreneurs to thrive. Overall, initiatives like the Gisiri Talent Investor Programme are essential for nurturing a new generation of African entrepreneurs who have the potential to drive economic growth, create jobs, and contribute to the continent's development. By providing tailored support, mentorship, and access to funding, these programmes play a vital role in shaping the future of entrepreneurship in Africa.