To engage private sector companies (both from Europe and Africa) to upgrade the value chain development between the two continents through enhancing sustainable and inclusive businesses.
Context: Upgrading the value chain
Upgrading value chains presents a good opportunity for local firms to access new technologies, identify learning opportunities and enhance their capacity to innovate, allowing businesses to penetrate the market. Leading multinational companies recognise the opportunity to increase the value added by companies in Africa; that is why they invest in Africa’s growing economy and engage with their supply chains on the continent. There is a need for scale and collaboration to drive this beyond the individual efforts of corporates. Digitalisation, skills and innovation are important enablers for future development both in Africa and in Europe, with many creative start-ups - and multinational companies - providing opportunities for creating sustainable added value in Africa.
The advantage for companies
There is untapped potential for private sector collaboration between EU and Africa to upgrade the value chain and to create added value in Africa. On this premise, CSR Europe is launching a Collaborative Platform ‘Upgraded and Sustainable Value Chains for Europe & Africa.’
Opportunity: Great potential for projects, collaboration and investments in digital skills and business development, aimed at creating added value in African economies.
Where: Three regions will be selected, based on a mapping of current activities and interests of the multinational economies joining the platform.
Funding: Projects will be developed either funded by companies and/or supported by donor organisations and multilateral financial institutions.
Interested to join CSR Europe’s business-led platform on Upgraded & Sustainable Value Chains for Europe & Africa?
Join us for the exploratory workshop meeting in Brussels (CSR Europe HQ) on October 16th from 10:30-16:00! Register here.