Business

Uganda’s Young Entrepreneurs to Meet Obama in Kenya

Uganda’s best young entrepreneurs will attend the 2015 Global Entrepreneurship Summit in Nairobi, Kenya which will be addressed by United States President Barack Obama.

Evelyn Namara,  Lisa Katusiime, and Raymond Sseguya and 12 others from ?Uganda will join hundreds of entrepreneurs, mentors, and others promoting creative and innovative business ideas at the Summit on July 25-26.

The U.S. Embassy said in a brief on Monday that, “The summit will offer entrepreneurs the opportunity to connect with one another, gain expert insights and attract investment.”

With a Bachelor’s Degree in Computer Science from Makerere University, Namara served as regional manager for Beyonic Limited, a mobile money start-up, and as country director for Solar Sisters, tech firm that empowers women.

Also a graduate of Makerere, Masaba ‘Mas’ Yunus started his first business venture, Bacpage Magazine at the age of 17.

In 2010, he opened a branding company called Blue Magic Incorporated, which later won recognition as Junior Achievers Company of the Year in 2011.

He has since moved on to venture into animation (Pomp Motion Studios), consultancy (Mas Consults & Associates), Transport (Transporter Corporation) and ICT (yoSupermaket.com).

Through the president’s Spark Global Entrepreneurship initiative, the U.S. government recently set an ambitious goal to attract more than a billion dollars in new investments to support business and social entrepreneurs by the end of 2017.

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Half will be raised for women and young entrepreneurs (those under 35).

These initiatives include top programs such as the Global Entrepreneurship Summit, the President’s Ambassadors for Global Entrepreneurship, the Young African Leaders Initiative, the African Women’s Entrepreneurship Program, and the entrepreneurship work of USAID’s Global Development Lab.

Obama arrives in Kenya this week.

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