ProjectAfrican Inclusive Markets Excellence Center
While Africa has experienced high growth rates in the last few years, growth has not necessarily been inclusive and trickled down into poverty reduction. In order to reconcile strong growth with poverty and inequality reduction, the markets in which the poor and vulnerable interact must be made more inclusive. ‘Inclusive Markets’ are defined broadly as markets that result in expanded choice and opportunity for the poor and produce outcomes that benefit the poor.
Endeva prepared a feasibility study and a business plan for the African Inclusive Market Excellence Center (AIMEC), an African Union Commission initiative supported by UNDP. In addition, Endeva supported the drafting of the legal statues and the search of a host country.
The assignment included creating the value proposition and service offer for the AIMEC, the organizational set up, governance and financing structures, as well as partnership and resource mobilization strategies necessary for the success and sustainability of the centre. For this purpose, Endeva interviewed various stakeholders, analysed existing centres to identify best practice and conducted several validation workshops with African Union stakeholders.
The AIMEC will be a think and do platform promoting regional economic integration through transformative regional value chains, directly contributing to inclusive growth and sustainable development. The AIMEC can be seen both as a Center and a network of connected existing institutions and provide products and services to the AU Commission, its organs, the Regional Economic Communities and Member States to support them in regional value chain development, inclusive markets and business development.