Introduction

How we work

African Business Information Bank network with a range of national and multinational companies as well as start-up entrepreneurs by:

  • Providing incubation and business acceleration services to start ups and existing companies.
  • Promoting the “formalization” of the informal sector
  • Providing credible, independent, accurate and actionable information and investment opportunities in Africa
  • Empower African SMMEs to understand, prepare and present relevant information in ways that are transparent to both Africans and international investors
  • Building an operational exchange platform for B2I(I-investor); NGO to NGO and B2B
  • Promoting African Diaspora’s investment in Africa and initiatives for Africa’s Development Providing investment funds for credible business
  • Providing investment Fund for credible business
  • Promoting the “formalization” of the informal sector

Our mission

To continuously develop innovative mechanisms that promote responsible investment in Africa as well as unleashing the entrepreneurial and creative potentials of African businesses. We also seek to transform investors “uncertainty perception” into manageable “risk measurement” that would enable investors to reduce the transaction costs of doing business with Africa through an African specific integrated screening mechanism for building a credible and trustworthy investment climate by :

  • Providing independent, credible, accurate, timely and actionable information on African countries investment opportunities to potential investors and partners
  • Empowering African SMMEs to understand, prepare and present relevant business information in ways that are transparent to both African and foreign partners/investors
  • Promoting the entrepreneurial spirit among emerging Africans as well as extensively building capacity
  • Building an operational exchange platform B2I (I-Investor), NGO to NGO and B2B
  • Promoting African Diasporas Investment and Initiative for Africa’s Development
  • Providing Investment Fund for credible business
  • Promoting the “formalization” of the informal sector

Our values

We believe in :

  • The power of skill development and capacity building.
  • The value of working in partnership with organizations that share our vision.
  • Leadership, teamwork, innovation, reliability, trust, humility, reliability need, client focus, social responsibility.
  • The right of access to credible information for all.

Our partners

If we want to go fast, we go alone- if we want to go far, we go together, An African proverb saying. African Business Information Bank is a hub with the same vision ‘Unleashing the innovative potential of Africa’ through partnerships which is the key to developing sustainable projects. We aim to be partnered in our projects and development programs. Our business is undertaken by both our partners and AfricanBIB staffs. This enables us to continuously improve the way we work and to measure our objectives effectively

Our objective

Our objective is to provide numerous advantages and opportunities to African businesses, foreign investors, African governments and African Diasporas. Also, by establishing an evaluation criterion that businesses can use as a benchmark for themselves as well as incrementally build social capital and trust mechanisms that are required to foster entrepreneurial spirits, joint ventures and growth.

Our customers

AfricanBIB provides numerous advantages and opportunities to African businesses, foreign investors, African governments and African Diasporas. In addition, it has established an evaluation criteria that businesses can use as a benchmark for themselves as well as incrementally build social capital and trust mechanisms that are required to foster entrepreneurial spirit, joint ventures and growth. Our clients base are:

  • Foreign Investors/ Investment Banks
  • African Entrepreneurs/ Business/SMEs
  • African Governments
  • International/National NGOs
  • African Diaspora
  • African Community
  • Research institutions

Origin

The Company

The AfricanBIB project originated from a personal challenge to the founder to create an efficient mechanism to assist the African continent to increase its share of the international trade and become an authentic and genuine player in the age of globalization.

It is also an attempt to transfer the basic principle of commercial banking to create a new type of banking sector, the  “information Banking” that provides interest return in the form of credible information, that measures by means of evaluating partners in Africa, especially where the “rule of law” is not functioning efficiently.

Moreover, it is based on the founder personal conviction that development and prosperity for the millions of Africans at the base of the economic pyramid (BOP) and beyond will only be attained by fostering free enterprises, entrepreneurial spirits, as well as investing in finding African solutions (products) for African problems, contrary to meagerly misdirected international development aid and the philanthropy approach of the past decade. According to the founders, development assistances should only be an emergency package and not a strategy for sustainable development.

The founder

After his university studies in Germany, the founder was eager to apply his skills in his home country. There he was confronted with the fact that he could not get a job without being prepared to pay bribes or follow a particular political agenda. Even when he tried to come out with a well-designed business concept that would contribute to solving some of the problems and confronts the local communities, he was faced with the difficulty to get financial institutions and banks in his country on board, since they would lend money to government Institutions or large corporations only.

While discussing the challenges he faced back home with some African Diaspora and Investors in Europe the US, to mention two countries, he found out that they also suffer from the similar problems and in addition to this could not find reliable and credible information on investment opportunities in the African continent where they could base their investment decisions on.

Since then he took up the challenge and developed a mechanism that would inspire international investors to see Africa as a continent of possibilities and as destination for investments. AfricanBIB is the mechanism that can provide Africans with genuine ideas, business venture and projects to meet with potential investors, as well as to encourage the Africans to trade within the continent. In what Bill Gates calls & quote “creative capitalism “ . AfricanBIB is an incentive to compatible institutional mechanisms that instills trust, reputation and fosters the entrepreneurial spirit in Africa.

Awards

Most innovative Ideas-Bridging the Gap Between investors and Entrepreneurs at African forum, 2006, Wittenberg, Germany
Most innovative Diasporas Business model to foster Entrepreneurship in Africa, 2007, Paris, France
An innovative business model to foster European-African Business Relationship,2008, Hamburg, Germany

Partners

Members

Business Developer - Project Consultant

CHARNELLE MELONG


92%

84%

Business Developer

MARIE NKENG


85%

82%

CEO

TUMENTA KENNEDY


91%

90%

96%

Consultant

SONJONG MCDONALD


86%

90%

89%

IT Support Expert- Teacher - Project Manager

SEIDOU PEKUEKE


94%

90%

Partners | References | Shared vision

Private partners

African Union

Website

BMZ

Website

Giz

Website

SADC

Website

Tanzania Standard Treatment

Website

UNECA

Website

Organisations of civil society

African Union African Diasporas

Website

Erste Stiftung

Website

Global call to action against poverty

Website

Good bee Credit

Website

IOM

Website

SIFA

Website

New Partnership for Africa Development

Website

UN Women

Website

Wittenberg center for global ethics

Website

World bank

Website

Business companies

Afribranding

Website

GICAM

Website

DEG

Website

IBFD

Website

KFW

Website

Metop

Website

Operation Hope

Website

Universities

Kwame Nkrumah University of Science Technology

Website

Martin-Luther-Universität Halle-Wittenberg

Website

National University of Rwanda

Website

otto von guericke universität magdeburg

Website

Universitat Siegen

Website

University of Buea

Website

Ministries

Fodias

Website

Minader

Website

MINEPAT

Website

MINFI

Website

MINPMEESA

Website

MINREX

Website

Contact us to get more information

Adresse

BP 1907, Yaounde, Tradex Emana, Cameroon

Buea, Douala (Cameroon) | AfricanBIB GmbH/ Berlin Germany

+237651447848/620028965

contact@AfricanBIB.com | info@AfricanBIB.com

http://www.AfricanBIB.com

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