These Indian, African Young Entrepreneurs Dared To Be Different


AYZH aims to be the leading global provider of life-saving and life-changing health technologies for underprivileged women worldwide. Building off the success of Janma, AYZH will expand its product line to meet new needs of existing customers, with a host of other "kit style" products that support new born health, postpartum haemorrhage, and menstrual hygiene. Two products have been prototyped and under pilot testing while two products are under Research and Development.

AYZH has concrete plans in place for its current goal of reaching over 1000 clinics' and hospitals in India by 2013. Long term goals for AYZH apart from continuing to scale in India include growth of sales and scaling operations in Africa.

Bangwell floated his Young Stars International Foundation in 1994 in a barber's shop when he was just 22 because "I wanted to reach out to as many young people as possible".

Lacking formal education because there was no money to pay his fees, he went without funding for eight years to achieve his goal: "The role I must play to change and transform Nigeria." His first funding - 500 pounds - came in 2003 and he has just landed a $280,000 project to promote democratic values. "I'm aiming at $5 million before the end of the decade," said Bangwell, who once turned down substantial funding because it involved a 30 percent kickback.

"I've never taken a bribe and will never take a bribe," he asserted, adding: "The end doesn't justify the means.My wife often says 'Thank you for staying on your vision'," he said.

Speaking of his mPedigree Network, Simons said: "An important side effect of this effort is the steady recovery of the more than $200 million that legitimate pharmaceutical companies lose daily to the genocidal trade of counterfeit drugs."

Just how important this is can be gauged from the fact that 30 percent of the drugs sold in Africa are counterfeit.

Initiating the session, NIIT's Pawar said: "Real entrepreneurship is not working for wealth but working for fulfilling needs. It's the excitement of identifying unmet needs. The question is of making it sustainable. You have a great time doing so."

"Africa has a lot of unfulfilled needs and desires. It's a challenge for young people," he added.

The "INDIAFRICA: A Shared Future" was born out of the second India-Africa Summit at Addis Ababa in May 2011, said Riva Ganguly Das, joint secretary (Public Diplomacy) in the Indian external affairs ministry.

"Governments collaborate but we wanted to engage the youth to get them talking about each other. We are not looking at a three-year programme that ends with the next Summit in New Delhi in 2014," Das added.

Source: IANS