Only Entrepreneurs Can Solve Africa’s Long-Standing Problem of Economic Stagnation – YACEDX

Entrepreneurs are the live wire of every nation. They are the crazy ones. They have no respect for the status quo. They see things differently. They invent. They imagine. They heal. They explore. They create. They inspire and they push the human race forward.

Any nation of the world today that enjoys life to the fullest in terms of infrastructural development, industry, power, health care, food, education and transportation does so on the thriving innovative ingenuity of her entrepreneurs.

To address Africa’s long-standing problem of economic stagnation, The Young African Chief Executive Directors Network (YACEDX) took another giant step to organize a continent-wide entrepreneurship workshop dubbed: The African Magnates Summit and Exhibition 2019.

Speaking at the YACEDX Entrepreneurship Summit (YES) Port Harcourt, Nigeria at the Grand Tokyu Hotels on the 6th of April 2019, the Executive President of YACEDX, Mr. Isaac Kwaku Essien, unveiled the African Magnates Summit and Exhibition 2019 to a gathering of entrepreneurs, company owners, manufacturers, fashion designers, educators, freelancers, consultants, media personnel, venture capitalists, and professionals from different fields.

In the unveiling, he explained that the Summit would be a gathering of over 1000 entrepreneurs from the 54 African nations to rob minds together and to birth innovative initiatives to solve Africa’s long-standing problems of economic stagnation.

The Bank of Ghana Auditorium, University of Ghana campus is billed to play host to this event on Monday 19th August 2019 from 9 am to 6 pm.

The Summit will be honored with the presence of African entrepreneurs, leadership experts, academic and business executives and thought leaders including Edem Attipoe of Ghana Airport Company, Ohemu Godwin Pius of Readers Are Leaders Nigeria, Jones Boakye of YCN, Akosua Opoku Agyemang of Lex Entertainment, Ikenna Princewill Chiozoadighi of Allweda Child Safety Solutions, Lily Edinam Botsyoe of GRIS Global, Kweku Amo-Mensah of Ntsetia Inc., Ama Duncan of The Fabulous Woman Network, Sewor Balasu of The CEO Project Ghana, Loveth Chukwu of Morgate Financial Services, Eric Okomado of Entrepreneurs Square, Fati Shaibu-Ali of e. Academy, Maxwell Beganim of IMDID, Daniel Owusu of Orientation Africa and Winifred Adjei of WA Coaching, UK amongst others.

Also at the summit will be Ministers of States, members of parliament and former state officials. There would be a networking opportunity to learn leadership qualities and experiences from Ghanaian leadership giant, Mr Kenneth Kwamina Thompson, CEO of Dalex Finance.

The keynote presentation will be delivered by Dr Kofi Osei-Kusi of Osei-Kusi Foundation on the theme: “Empowerment For Economic Growth, The Role Of Young People In Entrepreneurship”, while H. E. Nana Addo Dankwa Akufo-Addo, President of the Republic of Ghana would address the closing ceremony.

The African Magnates Summit and Exhibition 2019 would witness the official unveiling of the “African Magnates Y-Prize Competition 2020”–an entrepreneurial challenge that rewards Young African Entrepreneurs for their most innovative and impactful ideas which tackle Africa’s most pressing problems.

In the Y-Prize Competition, teams of entrepreneurs from the 54 African nations would pitch their business idea and stand the chance to win a grant of up to GHC 1,000,000.00 for 15 teams alongside other noncash prizes, first class mentorship, incubation and tutelage.

Admission for this Summit is 100% FREE.

Registration starts at 8:30 am and the actual event will begin at 9:00 am and end at 5:30 pm on August 19, 2019, at the Bank of Ghana Auditorium, the University of Ghana Campus.

Participants can reserve their seats by visiting or contact us via email: or call/WhatsApp 0241313836 / 0577313836 for bulk registration.

YACEDX is an organization that seeks to inspire young people to change the face of the African continent through business.

Our VISION is to serve a community of young ambitious entrepreneurs who aspire to inspire generations through their innovative business ideas.

Our MISSION is to change Africa by creating a market-based approach that would ensure that people everywhere have access to basic human needs in the form of clean water, food, safety, and education through the works of young entrepreneurs.

We believe that the future of the African continent lies in the hands of innovators, business-minded leaders and entrepreneurs. They are the ones that can solve Africa’s long-standing problems of economic stagnation.

The summit is organized with the SDGs in mind and companies will be given the platform to exhibit their products or services.

We guarantee you will leave this Summit equipped and enkindled to lead and transform your business, leadership and organization with renewed passion and drive.

See you there!

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