Events

African Business Associations: Case Studies In Raising Revenues

Business and Professional Women Nigeria

Unveiling BPW Nigeria’s Annual Conference for Financial Sustainability and Networking Success

BPW Nigeria flyer

The annual national conference organized by Business and Professional Women (BPW) Nigeria holds a special place in the association’s heart as its oldest and most cherished event. This highly anticipated gathering takes place every November, providing a valuable platform for members from all corners of Nigeria to converge. The conference serves as a hub for learning, knowledge exchange, networking, and the showcasing of products. With a two-day agenda, the event begins with a board meeting, followed by a dedicated day exploring a specific theme, featuring speakers who address various topics crucial to female entrepreneurs. Moreover, it includes an exhibition where association members proudly present their products. While the 2020 conference embraced the virtual format, subsequent years adopted a hybrid approach. Typically, the conference attracts around 250 participants, including government representatives, association members, representatives from the Association of Nigerian Women Business Network (ANWBN), of which BPW Nigeria is a founding member, and other stakeholders.

As BPW Nigeria’s primary revenue stream, the annual conference generates income from multiple sources. Members contribute through a conference levy of 20,000 Naira (approximately $40), paid in addition to their membership fee. Furthermore, they have the option to offer in-kind services, such as catering, as a means of support. The association also seeks sponsorship opportunities and sells advertising space in the conference brochure, enabling members to showcase their products to a captive audience. Additionally, companies interested in exhibiting their products during the conference are required to pay a fee for access to exhibition tables. Although non-members can attend the event free of charge, the association leverages this opportunity as a tool for membership recruitment.

In conclusion, the annual national conference organized by Business and Professional Women Nigeria plays a pivotal role in driving the association’s financial sustainability. By utilizing various revenue-generating mechanisms, such as member contributions, sponsorships, advertising opportunities, and exhibition fees, BPW Nigeria ensures the financial success of the conference. Moreover, the event serves as a catalyst for networking, knowledge sharing, and product showcase, further solidifying the association’s position as a driving force for female entrepreneurs. As BPW Nigeria continues to champion the cause of women empowerment, the annual conference stands as a testament to the association’s commitment to fostering the growth and success of women in business and the professional sphere.

For further details regarding the annual conference, please reach out to Yetunde Oladeinde, National President of Business and Professional Women Nigeria, at bpwnig@gmail.com.

About Business and Professional Women Nigeria

Established in 1961, Business and Professional Women Nigeria is a member of the International Federation of Business and Professional Women (BPW International). As part of one of the largest and most influential international networks of business and professional women, with affiliates in over 100 countries, BPW Nigeria strives to nurture the business, professional, and leadership potential of women at all levels. Through advocacy, education, mentoring, networking, skill building, and economic empowerment, the organization empowers its members to flourish. BPW Nigeria boasts a widespread presence across Nigeria, encompassing 20 chapters.

For additional information about BPW Nigeria, please visit https://www.bpw-nigeria.org.ng.


Confederation of Zimbabwe Employers

2022 Congress Prospectus – Confederation of Zim Industries.pdf Download

Enhancing Sustainability and Generating Revenue: The Annual Congress of the Confederation of Zimbabwe Employers (CZI)

The Confederation of Zimbabwe Employers (CZI) has successfully transformed its annual congress into a thriving revenue stream, bolstering its financial sustainability as an association. This prestigious event serves as a platform that brings together influential entrepreneurs, business and policy leaders, expert analysts, thought leaders, academic professionals, civil society representatives, and members of the Zimbabwean diaspora. By facilitating critical conversations on business and policy challenges, stimulating the exchange of ideas, and fostering valuable networking opportunities, the CZI Annual Congress has emerged as a pivotal event for the nation’s economic development.

The most recent edition of the congress, held from September 7-9, 2022, revolved around the theme “Glocalize” and attracted an impressive crowd of approximately 350 participants. Its resounding success can be attributed to the event’s well-structured framework, high-quality business content, and the opportunity it provides for meaningful engagement between government and business regarding the economy. Moreover, the congress prospectus has emerged as a compelling selling point, drawing the attention of both potential attendees and sponsors.

To ensure the congress’s continued success and financial viability, CZI has identified various revenue streams. These include registration fees, which vary for members and non-members, as well as fees for side dinners, sponsorships, and exhibition spaces provided to interested parties. CZI employs a multi-faceted marketing strategy to promote the congress, partnering with print and electronic media for advertising purposes. The organization also leverages its social media platforms, website, and direct mail to reach out to both its members and other companies in its extensive database.

In conclusion, the Confederation of Zimbabwe Employers’ annual congress has proven to be an exceptional avenue for revenue generation while fortifying the CZI’s long-term sustainability. By leveraging registration fees, sponsorships, and exhibition fees, CZI ensures the continued success of the congress. As a pivotal player in Zimbabwe’s business landscape, CZI spearheads initiatives to support the nation’s economic growth and represents its interests both regionally and continentally.

For further inquiries regarding the congress, please direct your questions to Sekai Kuvarika, the Chief Executive Officer of the Confederation of Zimbabwe Industries, at sekai@czi.co.zw.

About the Confederation of Zimbabwe Employers (CZI)

Founded in 1923, the Confederation of Zimbabwe Employers (CZI) stands as the largest business membership organization in Zimbabwe. With members spanning across 36 sub-sectors of the economy, including manufacturing, trade, transport, IT, education, and professional services, CZI plays a vital role in fostering, encouraging, promoting, protecting, and advancing the sustainable growth and development of the nation’s business landscape. Its diverse membership encompasses small, medium-sized, and large local companies, as well as multinational corporations. Remarkably, nearly half of the companies listed on the Zimbabwe Stock Exchange proudly carry the CZI membership.

CZI occupies an influential position within the business and policy ecosystem, recognized for its valuable policy input, feedback, and representation of member concerns. Beyond Zimbabwe’s borders, the Confederation represents the nation’s businesses in bodies such as the Southern African Development Community’s Business Council and the African Business Council. This participation showcases CZI’s commitment to championing Zimbabwe’s economic prosperity on both regional and continental platforms.

To find more detailed information about the Confederation of Zimbabwe Industries, please visit their website https://www.czi.co.zw/.


Ethiopian Youth Entrepreneurs’ Association (EYEA)

Enhancing Sustainability through Zelela Events

The Ethiopian Youth Entrepreneurs’ Association (EYEA) has taken significant strides in setting up a robust and inclusive innovation and entrepreneurship ecosystem in Ethiopia. Since August 2022, EYEA has organized a series of six policy roundtables and networking events called Zelela. These events have not only fostered fruitful discussions among key stakeholders but have also become a source of revenue and sustainability for the association.

Zelela has emerged as a remarkable platform, bringing together over 2500 participants from more than 100 entities. These include government agencies, start-ups, financial institutions, civil society organizations, academia, donors, and the media. The events have addressed crucial topics such as start-up laws and access to finance, nurturing an environment conducive to entrepreneurship in Ethiopia.

EYEA has deliberately waived any registration fees, ensuring that these events are open to all interested individuals. By adopting an inclusive approach, the association has seen an impressive growth in membership, attracting an additional 600 entrepreneurs who have joined EYEA as a direct result of attending the Zelela events.

To fund the series of roundtables, EYEA has secured financial and in-kind corporate sponsorships and donor funding. This shows the valuable support and recognition the association has garnered from various stakeholders. EYEA has extensively promoted the roundtables on social media platforms, effectively reaching its target audience and maximizing attendance.

In conclusion, EYEA’s Zelela events have proven to be a catalyst for revenue generation and enhanced visibility for the association. Through these policy roundtables and networking events, EYEA has created an inclusive platform where key stakeholders come together to shape the future of entrepreneurship in Ethiopia. As the association continues to expand its reach and impact, it still is steadfast in its commitment to nurturing a thriving ecosystem that empowers Ethiopian youth entrepreneurs.

To learn more about the Zelela policy roundtables and networking events contact Samiya Abdulkadir, President of EYEA, at samiya.abdulkadir@etyea.com.

About Ethiopian Youth Entrepreneurs’ Association (EYEA)

EYEA, established in 2020, is committed to nurturing a thriving entrepreneurship ecosystem, particularly for the youth. The association actively addresses significant challenges faced by entrepreneurs, such as limited access to capital, restricted business networks, and a lack of business education. By offering guidance, education, mentorship, access to networks, capital, and other relevant resources, EYEA empowers aspiring and existing entrepreneurs in Ethiopia.

Primarily targeting young entrepreneurs between 18 and 35, EYEA collaborates with relevant stakeholders in the public and private sectors, and the donor community, to fulfill its mission. The association also fosters collaboration among its members by providing networking opportunities. EYEA proudly holds membership in the International Alliance of Youth Entrepreneurs’ Associations (IAYEA), further solidifying its commitment to empowering young entrepreneurs.

For more information about EYEA and its initiatives, please visit http://etyea.com/about.php.


Kenya National Chamber of Commerce and Industry, Uasin Gishu Chapter

Uasin Gishu Chamber Annual Dinner: A Profitable Tradition for Business Growth and Networking

The Uasin Gishu Chapter of the Kenya National Chamber of Commerce and Industry has successfully leveraged its annual dinner to boost revenue and ensure its long-term sustainability. This highly anticipated event, coupled with the annual business forum, has emerged as a significant source of income for the organization over the past four years. The Board of Directors introduced this dinner as an initiative to generate funds while also contributing to the Chamber’s overall visibility.

Each year, the annual dinner revolves around a distinctive theme and features a distinguished guest speaker, either a thriving entrepreneur or an influential figure from the business community. Participants eagerly anticipate this occasion, as it offers a platform to gain insights into emerging business trends, network with industry leaders, and engage with key figures within the Chamber.

The Chamber’s revenue model primarily relies on two sources: registration fees and sponsorships. Chamber members enjoy a discounted registration fee, whereas non-members pay the full amount. Sponsors, in return for their support, gain an invaluable opportunity to highlight their products and services and expose them to potential customers. The most recent annual dinner boasted an impressive attendance of 450 individuals, a testament to its popularity and significance within the business community.

To maximize outreach and engagement, the Chamber employs a multi-channel promotional strategy. Local media channels such as radio and TV stations, along with various social media platforms, serve as effective tools for raising awareness about the event. By utilizing these platforms, the Chamber effectively communicates the value of the annual dinner to a wider audience.

For further details regarding the annual dinner, please feel free to reach out to Mark Otwane, the Chief Executive Officer of the Kenya National Chamber of Commerce and Industry, Uasin Gishu Chapter. He can be contacted via email at otwanemark@gmail.com.

About the Kenya National Chamber of Commerce and Industry, Uasin Gishu Chapter:

Situated in the heart of Eldoret, famously known as “the City of Champions,” the Uasin Gishu Chapter of the Kenya National Chamber of Commerce and Industry is a pivotal institution. It operates across six sub-counties and boasts an impressive membership base of 3700 companies. The Chapter actively supports and advocates for a favorable business environment, conducts export promotion activities, provides essential trade information services, and empowers its members through capacity-building training on various subjects.

In line with its commitment to advocate for the interests of the business community, the Chamber has fostered collaborations with the county government on various important matters, including the development of the regional budget. Furthermore, the Chamber has actively engaged in numerous programs and championed initiatives that promote corporate social responsibility (CSR) and give back to society. This dedication to social causes has elevated the Chamber’s visibility and reinforced its reputation as a respected and influential organization within Uasin Gishu County.

To explore the diverse programs and initiatives offered by the Kenya National Chamber of Commerce and Industry, Uasin Gishu Chapter, please visit the Facebook page https://www.facebook.com/people/Uasin-Gishu-Chamber/100070349883626/.


Kenya National Chamber of Commerce and Industry (KNCCI) West Pokot Chapter

NOREB Women in Business Awards Drive Sustainability for KNCCI West Pokot Chamber

The Kenya National Chamber of Commerce and Industry (KNCCI) West Pokot Chapter launched the North Rift Region Economic Bloc (NOREB) Women in Business Awards in 2020. This prestigious award program was designed to unite businesswomen from the North Rift region, applaud their accomplishments, and inspire other aspiring women entrepreneurs. The significance of this initiative cannot be overstated, as women in this region often face marginalization and encounter challenges in accessing financial resources and achieving success in business.

The inaugural edition of the NOREB Women in Business Awards took place during the period surrounding International Women’s Day 2020. It was accompanied by a financial literacy course tailored specifically for women entrepreneurs. The awards featured two categories: “Most Successful Business Owner” and “Best Performing Women-Owned Micro Enterprise.” Limited to members only, the gala attracted a gathering of 40 participants who celebrated the achievements of their fellow businesswomen.

Building on the success of the first edition, the second NOREB Women in Business Awards gala took place in March 2021. This time, an added category was introduced to honor the youngest women entrepreneurs. The event drew a larger crowd, with 100 participants from seven counties in attendance, including representatives from the Kenya National Chamber of Commerce and Industry Nairobi Office.

Beyond its primary goal of empowering women, the awards program has proven to be an instrumental tool for KNCCI West Pokot in achieving financial sustainability. The chamber effectively generates income from various sources, including registration fees (lower for members and higher for non-members), sponsorships, and donor support. The organization’s pricing strategy for the awards gala enhances its value proposition and fosters loyalty among its members.

To maximize the awareness and visibility of the NOREB Women in Business Awards, the chamber uses regional radio stations and social media platforms to promote the event. Through these channels, it reaches a wide audience, both within the region and beyond, fostering an environment of inclusivity and opportunity for women entrepreneurs.

For more information about the NOREB Women in Business Awards, interested parties can reach out to Seth Isoka Matemba, CEO, KNCCI West Pokot Chapter at iseth.ts@gmail.com, or contact Enoch Toroitich, Director Programs, KNCCI West Pokot Chapter at kncciwestpokot@gmail.com.

About the KNCCI West Pokot Chapter

The Kenya National Chamber of Commerce and Industry is a membership-based trade support organization dedicated to safeguarding the commercial and industrial interests of the Kenyan business community. Established in 2016, KNCCI West Pokot Chapter advocates for the creation of a favorable commercial, trade, and investment climate in the West Pokot region. Currently boasting a membership of over 2,100, the Chamber plays a vital role in empowering local businesses and driving economic growth.


Women in Business Kenya (WIB Kenya)

Promoting Association Sustainability by Honoring Women Entrepreneurs in Kenya

Women in Business Kenya (WIB Kenya) has taken a proactive approach to promoting the growth and sustainability of the association through its Women in Business Award Program. This innovative initiative has seen the organization host two prestigious award galas since its start in 2021, with plans for the next annual event moving forward. These galas serve as a platform to recognize and celebrate the remarkable achievements of Kenyan women entrepreneurs, particularly in the face of the COVID-19 pandemic and various other challenges. By highlighting their resilience and success, the program aims to inspire and encourage other women to persevere in their entrepreneurial journeys.

The Women in Business Award Program encompasses an impressive range of 30 categories, spanning diverse areas such as start-up of the year, woman business owner of the year, education and training leader, best in manufacturing, humanitarian of the year, and environment conservation leader. Awardees include women business owners from both the formal and informal sectors, who have defied limiting norms and overcome obstacles to reach significant accomplishments. Additionally, the program also recognizes men who have played a pivotal role in creating an environment that empowers women to excel in the economy.

The awards gala, attended by an impressive audience of 250 to 300 individuals, serves as the centerpiece of the program. Beyond the recognition and celebration of women’s achievements, the association also organizes an exhibition during the event to highlight the products and services of its members. This exhibition serves as an additional revenue stream, complementing the income generated from attendance fees for both members and non-members, and corporate sponsorships. In fact, the Women in Business Award Program contributes a significant 10% to the association’s annual income, thereby enhancing its financial sustainability.

To ensure maximum visibility and reach, Women in Business Kenya employs a comprehensive promotional strategy. This strategy uses various platforms, including dedicated WhatsApp groups, social media channels, and an informative website. By capitalizing on these channels, the association successfully raises awareness about the awards program, fostering engagement and participation from a wide audience.

For those seeking further information about the Women in Business Awards, inquiries can be directed to Jacinta Kinuthia, the Executive Administrator, at info@wibkenya.org, or Branice Mayienga, the Executive Director of Women in Business Kenya, at bmayienga1@gmail.com.

About Women in Business Kenya

Women in Business Community Network, established in 2017, is a prominent national community organization that unites business and professional women. The association’s primary goal is to provide women with a unified voice on matters affecting their interests and hindering their professional and business growth. By easing connections, providing resources, and advocating for gender equality in the business ecosystem, Women in Business supports and empowers women in their pursuits. Its programming encompasses vital areas such as financial inclusion, market linkages and partnerships, mentorship and capacity building, networking, and policy advocacy.

To learn more about Women in Business Kenya and its initiatives, please visit the official website at www.wibkenya.org. By fostering a thriving community of empowered women, the association continues to make significant strides toward a more inclusive and prosperous business landscape.


Nigerian-American Chamber of Commerce (NACC)

Unveiling the Potential of Breakfast Meetings at the Nigerian-American Chamber of Commerce

Breakfast meetings have emerged as a highly successful platform for fostering growth and sustainability within the Nigerian-American Chamber of Commerce (NACC). As a premier organization dedicated to bolstering trade and business relations between the United States and Nigeria, the NACC has consistently organized monthly or bi-monthly breakfast meetings for its esteemed members and other stakeholders. These meetings serve as invaluable opportunities to cultivate networks, exchange innovative ideas, present business proposals, and engage in critical discussions concerning prevailing issues affecting the business community.

Traditionally, the NACC hosts 6 to 12 breakfast meetings annually, centering on pivotal topics like export and investment. In the past, these meetings featured one or two guest speakers from the private sector, however, this year, the Chamber has taken a step forward by inviting senior government officials to address the audience. This strategic decision has led to a significant upswing in attendance, with participation numbers soaring from 20-30 to an impressive 70-80 individuals per event. Moreover, the expanded format of these breakfast meetings has garnered heightened interest in the Chamber overall, effectively attracting new members. Remarkably, after each breakfast meeting, a minimum of ten businesses have elected to join the organization. The post-meeting evaluation surveys have consistently reported overwhelmingly positive feedback from participants, who eagerly inquire about the date of the next meeting and even recommend potential speakers.

In addition to their role as a vital source of information and networking opportunities for members and the business community, the breakfast meetings have emerged as the primary revenue-generating events for the NACC. The Chamber’s revenue model encompasses several streams, including registration fees, exhibition fees (incorporated when the NACC organizes a small exhibition alongside the meetings), advertising in the event brochure, service fees from companies desiring to showcase new products or services during the meetings, as well as corporate sponsorships. Collectively, these breakfast meetings contribute an estimated 30% of the Chamber’s annual income, highlighting their substantial financial significance.

To effectively promote and disseminate information regarding the breakfast meetings to members and the broader business community, the NACC employs a diverse range of channels. These include mass mailing, strategic utilization of social media platforms, comprehensive website coverage, and even collaborations with radio and TV stations. Furthermore, the organization ensures widespread awareness by sharing event details with other chambers of commerce.

For those seeking further insights into the breakfast meetings or wishing to engage with the NACC, Wofai Samuel, the Director of Communications, Government Relations & Advocacy, at the Nigerian-American Chamber of Commerce, can be contacted at wofai.samuel@nigerianamericanchamber.org.

About the Nigerian-American Chamber of Commerce

Established in 1960, the Nigerian-American Chamber of Commerce stands as the oldest bilateral trade organization in Nigeria. Its purpose revolves around facilitating and promoting trade, investment, and the overall economic relationship between the United States of America and Nigeria. With offices in Nigeria, Texas, and Atlanta, the Chamber serves a diverse membership base exceeding 1000, encompassing small, medium-sized, and large enterprises. Among the array of services provided by the Chamber are networking opportunities, capacity building initiatives, and market entry services, such as research, due diligence, B2B engagements, and trade facilitation. Recognized as a prominent voice of the U.S.-Nigeria business community, the NACC actively engages with policymakers, opinion leaders, and stakeholders, effectively advocating for the interests and concerns of its members.

For more information about the Nigerian – American Chamber of Commerce, please visit the official website at https://nigerianamericanchamber.org/.