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News & Events

Daasebere Features MGI in USAID & Western Union Business Plan Competition -
The African Diaspora Marketplace (ADM) is a business plan competition designed to support the entrepreneurial spirit and resources of the US based African diaspora community. ADM promotes economic development in Sub-Saharan Africa by facilitating diaspora direct investment in viable small and medium enter­prises as well as providing matching grants to African diaspora members working in part­nership with African-based enterprises. Watch Video   Read More

Results: The business plan competi­tion, held in 2009-2010, had the following results:
• More than 700 applications received in response to an open call for proposals;
• 58 finalists and their partners participated in a two-day Marketplace Event in Washington, D.C.;
• 14 winning businesses were awarded matching grants of up to $100,000 each;

• A total of $1.2 million of private equity was lever­aged across seven sub-Saharan African countries. 
Read More   - See Daasebre's Business Project   Watch A Video



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