Maxwell Hall, Public Engagement, Tel.: +41 (0)79 329 3500; Email: maxwell.hall@weforum.org
Durban, South Africa, 26 April 2017 – Nine individuals representing seven organizations, all with operations in sub-Saharan Africa, have been recognized as Social Entrepreneurs of the Year by the Schwab Foundation for Social Entrepreneurship. These nine individuals are among 17 recognized globally as Social Entrepreneurs of the Year for 2017.
Social entrepreneurs establish and run outstanding, innovative businesses that benefit low-income, marginalized and vulnerable people. Members of this year’s cohort, along with other members of the community, will play a leading role at a special Solutions Summit that will take place in Durban, South Africa, on 1-3 May. This meeting, convened by the Schwab Foundation and supported by the Motsepe Foundation, will take place just ahead of the World Economic Forum on Africa, and aims to find ways of scaling the work of the social entrepreneurs to help them have a more profound impact on society.
The Social Entrepreneurs of the Year for 2017 that are active in sub-Saharan Africa are:
At the heart of the Solutions Summit will be an effort by social entrepreneurs, plus members of the Forum’s Young Global Leaders and Global Shapers communities, to advance “systems change” in social entrepreneurship, in other words uniting relevant stakeholders behind particular ways of solving big social challenges in order to reach a critical mass in terms of people. Research suggests that today, too many promising social enterprises are prevented from achieving true scale as they are built on models borrowed from the private sector which are not suited to social entrepreneurship, such as branch replication, franchising or open-source dissemination.
More than 1,000 participants are taking part in the 27th World Economic Forum on Africa in Durban, South Africa, from 3 to 5 May 2017. The theme of the meeting is “Achieving Inclusive Growth through Responsive and Responsible Leadership”.
The Co-Chairs of the World Economic on Africa are: Winnie Byanyima, Executive Director, Oxfam International;
Siyabonga Gama, Group Chief Executive Officer, Transnet; Frédéric Lemoine, Chairman of the Executive Board, Wendel; Rich Lesser, Global Chief Executive Officer and President, Boston Consulting Group; and Ulrich Spiesshofer, President and Chief Executive Officer, ABB.
Notes to Editors
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