Going to Egypt Tomorrow

June 24, 2011

Hello from Boston. I’m here today for year three of the EO/MIT Entrepreneurial Masters Program.

I am excited to be heading to Egypt tomorrow as part of a U.S. State Department and USAID funded program in alliance with the Egyptian and Danish governments. I’ll be headed there with American entrepreneurs Shama Kabani, Alexis Ohanian, and Scott Gerber of the Young Entrepreneurs Council.

We’ll be mentoring 48 young Egyptian tech entrepreneurs ages 18-30 in Cairo with the NextGen IT Entrepreneurs Bootcamp and judging a business plan competition. Four of the winners will be coming to the US in October to intern at iContact for three weeks. I’m passionate about using business, technology, and entrepreneurship as tools to make a positive impact in the world, so this will be a great opportunity to see Egypt and work with great tech entrepreneurs in an exciting part of the world.

This will be my fourth trip to Africa, but first in North Africa. In about 5% of my spare time, I invest in tech entrepreneurs in the US and Africa via the Humanity Fund, so when I was asked to go by Scott Gerber I knew it would be right up my alley.

Egypt is passing through a very significant time in it’s history and it will be fascinating to be there. Quoting one of the participants in the program, “Egypt holds an important place in human history as one of the birthplaces of commerce, and the knowledge and experience of Egyptian business people will lead to many exciting and valuable products, services, and innovations for years to come. This is a great time for Egypt to truly shine.”

Here’s some additional info on the program. More blogging to come as I’m there…

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NexGen IT Entrepreneurs Boot Camp
Background

The NexGen IT Entrepreneurs Boot Camp, is a collaborative effort by the Government of Denmark, the U.S. State Departmentís Global Entrepreneurship Program, the United States Agency for International Developmentís Egypt Competitiveness Project, and the Technology Innovation and Entrepreneurship Centre, affiliated with the Ministry of Communication and Information Technology. The NexGen IT Boot Camp is a series of training events that includes a Business Plan Awareness Class and an IT Master Class. †The later will be taught by US and Danish Delegates in which prizes will be awarded to four winning teams.
Process of Selection of prizes
After the each winner is announced first and second place winners will chose what prize they prefer, the internship in the US or the Boot Camp in Denmark. †The third place winners will chose depending if first and second place split their choices. †The fourth place winner will be given the remaining prize.
More on the US internship @ iContact
The US internship will be with iContact in October. iContact is based in Raleigh, NC and is working to make email marketing and social marketing easy so that small and midsized companies and causes can grow and succeed. Founded in 2003, iContact has more than 300 employees and more than 700,000 users of its leading email marketing software.
As a B Corporation, iContact utilizes the 4-1s Corporate Social Responsibility Model, donating 1% of payroll, 1% of employee time to community volunteering, 1% of equity, and 1% of product to its local and global community as part of its social mission. iContact works hard to maintain a fun, creative, energetic, challenging and caring company culture.. †The triangle business journal (Local North Carolina business newspaper) has named iContact one of the best places to work. †The company has been listed on Inc. 500 3 years in a row and its founders Ryan Allis and Aaron Houghton were selected by Inc. Magazine 30 under 30 in 2009 as two of Americaís Coolest Young Entrepreneurs.
Two of the winning winning teams, composed of two individuals, will win the opportunity to gain critical knowledge of how to grow a business during a three weeks internship at iContact in Raleigh North Carolina. †The iContact internship will be an entrepreneurial rotation in which the interns will learn about the critical parts of the business including marketing/sales, IT, customer service and finance. †The internship is paid for by USAID through the Egyptian Competitiveness Project (ECP).

The NexGen IT Entrepreneurs Boot Camp, is a collaborative effort by the Government of Denmark, the U.S. State Department’s Global Entrepreneurship Program, the United States Agency for International Development’s Egypt Competitiveness Project, and the Technology Innovation and Entrepreneurship Centre, affiliated with the Ministry of Communication and Information Technology. The NexGen IT Boot Camp is a series of training events that includes a Business Plan Awareness Class and an IT Master Class. The later will be taught by US and Danish Delegates in which prizes will be awarded to four winning teams. Two of the winning teams will travel to the US in October to intern at iContact, a very rapidly growing American tech company.

More on the US internship @ iContact

The US internship will be with iContact in October. iContact is based in Raleigh, NC and is working to make email marketing and social marketing easy so that small and midsized companies and causes can grow and succeed. Founded in 2003, iContact has more than 300 employees and more than 700,000 users of its leading email marketing software.

As a B Corporation, iContact utilizes the 4-1s Corporate Social Responsibility Model, donating 1% of payroll, 1% of employee time to community volunteering, 1% of equity, and 1% of product to its local and global community as part of its social mission. iContact works hard to maintain a fun, creative, energetic, challenging and caring company culture. The Triangle Business Journal has named iContact one of the best places to work. The company has been listed on Inc. 500 3 years in a row and its founders Ryan Allis and Aaron Houghton were selected by Inc. Magazine 30 under 30 in 2009.

Two of the winning winning teams, composed of two individuals, will win the opportunity to gain critical knowledge of how to grow a business during a three weeks internship at iContact in Raleigh North Carolina. The iContact internship will be an entrepreneurial rotation in which the interns will learn about the critical parts of the business including marketing/sales, IT, customer service and finance. The internship is paid for by USAID through the Egyptian Competitiveness Project (ECP).

The Rise of Rwanda

January 8, 2011

Muraho from Kigali, Rwanda!

I’m on my way back to the USA today after eight days in Rwanda.

Below are some photos from Kigali, Rwanda taken this week. While here I had a chance to explore Kigali, meet with entrepreneurs, trek with the gorillas in the Virunga National Park, hike on the mountains overlooking Lake Kivu in Gisenyi, and see the future campus of the Akilah Institute for Women in Bugesera District. Kigali is probably the cleanest city in East Africa with lots and lots of paved streets and sidewalks.

The World Bank in its 2011 Doing Business Report named Rwanda as the most improved country in Africa and 2nd most improved globally for ease of conducting business. The Rwanda Development Board (RBD) is working hard to streamline business and investment regulations to make doing business in Rwanda attractive. Take a look at this Powerpoint slide deck from the RBD detailing business reforms and this news article “Rwanda is Now Open for Business.”

The Kagame Administration is halfway into executing on their “Vision 2020″ to build Rwanda into a middle-income country by focusing on economic development from the IT and tourism industries. You must read this Vision 2020 PDF if you are at all interested in economic development or solutions to ending poverty.

Interestingly, President Paul Kagame is perhaps the most active Twitter user among African Heads of State, connecting globally with the IT-savvy world.

Carnegie Mellon will be setting up a computer science school in Kigali in 2011 to train the next generation of East African programmers. And the Marriott, Hilton, and Radisson are all building hotels here to open in 2012 along with the new Kigali Convention Center.

There is so much activity going on here!

Rwanda is not only ready for entrepreneurs, it’s ready for tourists too.

If you have a chance, you must come to Rwanda at some point in your life. It’s a beautiful, dynamic, and friendly country full of “a thousand hills and a million smiles.”

I’m about to board flight one for the trek home from Kigali –> Entebbe –> Istanbul –> New York –> Raleigh. I love long flights as I can read, focus, and plan! I’m back to iContact on Monday morning.

What Are Your Thoughts?

Did you know this was happening in Africa? Why do you think the media so rarely tells this side of the story about what is happening in Africa?

Tell me your thoughts in the comments.

Why Invest in Africa?

December 30, 2010

Jambo from Nairobi Kenya!

I’m so energized. I’ve been in East Africa for the past three days visiting tech entrepreneurs and tech investors.

While I spend about 95% of my working energy focusing on building iContact into a high-growth purpose-driven business, I like to take a couple weeks each year to travel and explore what’s going on with tech companies in other parts of the world.

This week I’m in Uganda and Kenya to find investment opportunities for the Humanity Fund, a personal investment fund I have for investing in African and American tech companies.

Why Invest in Africa?

There is so much economic opportunity in Africa, support for IT investment, and entrepreneurial energy. There’s an opportunity to make a lot of money investing in great companies while creating lots of jobs and doing a lot of good at the same time.

Africa is the least developed continent in the world. There are 1.03 billion people in Africa. Of this 1 billion (source) 65% of Africans live on under $2 per day (source) and 59% of African households do not have electricity (source),  and the number increases to 69% if you only look at Sub-Saharan Africa.

But Africa is no longer about famine, poverty, and war. That was the Africa of the 20th century. The 21st century Africa is about opportunity, technology, and entrepreneurship.

You may read about Sudan, Somalia, Zimbabwe, Eastern Congo, and the Ivory Coast in the New York Times and hear about these countries on the nightly news. But these are only five of the 54 countries in Africa.

The real, untold, narrative of Africa is what’s happening in the other 49 countries. Tremendous economic growth, investment, and rapidly rising living standards. What happened in South East Asia from 1950-2000 (rapid growth and poverty reduction) is now happening in Africa from 2000-2050. Most of the world just hasn’t realized it yet.

Why Invest in East Africa?

Here in East Africa (Kenya, Rwanda, Ethiopia, Uganda, and Tanzania) the GDP has grown at an average annual rate of 7.6% the last four years compared to just 0.5% for the USA. Africa will be the economic lion of the 21st century as McKinsey proclaimed in their July Report, “Lions on the Move: The Progress and Potential of African Economies.”

Take a look at these average annual GDP growth rates for 2006-2009 from the World Bank Development Indicators GDP database.

  • Uganda: 8.75%
  • Rwanda: 7.925%
  • Kenya: 4.375%
  • Ethiopia: 10.45%
  • Tanzania: 6.675%
  • USA: 0.5%

Uganda was the first country I came to in Africa back in 2008 and so I decided to start investing here in East Africa and expand later. I hope someday to run a fund making investments in high-growth socially responsible companies all over the developing world.

Investing As a Way of Making a Positive Impact

This is my third time in East Africa. When I came for the first time in 2008, I held the view that the way to best make positive change was to give money away to NGOs and non-profits.

I come now with the perspective that it takes all three sectors of society (government, non-profits, and for-profits) working effectively to create sustainable economic growth and that the private sector has a huge power to make positive change in the world.

The best way I believe I can contribute to positive change is to help high-growth companies that are creating jobs expand and create more jobs. At the end of the day, the cause of poverty is a lack of jobs and productive capital. Low education, low health care, and low nutrition are the symptoms of poverty, not the causes. If you increase someone’s income they can afford better education, health care, and food for their family.

So now, I believe the best way I can use my experience and resources to make an impact in reducing extreme poverty is to invest in high-growth companies that are creating jobs in developing world.

What I’m best at is figuring out how to grow technology and internet companies. Over the next two years I hope to invest in about ten more privately owned high growth African tech companies as part of dipping my feet into the water and beginning to create a model for eventually building a private equity fund some years down the road.

I hope to be able to eventually show that it is very possible to build a microequity investment firm that gets above market returns investing in high growth socially responsible companies in the developing world.

The field of impact investing is developing rapidly and I’m glad to slowly be learning about it. To learn more check out this Impact Investing Primer from the Rockefeller Foundation and this one from the Federal Reserve Bank of San Francisco.

Existing VC Funds in Africa

In my time here and in talking to people at the Skoll World Forum in April I’ve come across the following funds that are actively making venture capital investments in tech companies in Africa.

  1. InReturn Capital
  2. BusinessPartners Kenya
  3. TBL Mirror Fund
  4. eVA Fund
  5. Flow Equity
  6. FirstLight Ventures
  7. Humanity Fund
  8. Fanisi
  9. Grassroots Business Fund (non-profit fund)
  10. Acumen Fund (non-profit fund)
  11. RootCapital (non-profit fund)

A more extensive list can be found on the African Venture Capital Association (AVCA) web site. Other resources include the VC4Africa and BiD Network

How You Can Invest in Africa

If you want to invest in private African companies, then you could contact the above VC funds and express interest in investing as a limited partner in their next fund. They will likely require you to be an accredited investor and be able to invest $100,000 and up. You can also find private companies yourself and invest in them directly or join an angel network that invests in African start-ups like Toniic.

If you want to dip your toes into the water of investing in African companies without putting tens or hundreds of thousands of dollars at risk, you can invest directly into publicly traded African companies. There are even Exchange Traded Funds (ETFs) that allow you to get index-fund like exposure to African markets. You can invest as little as $75 in these funds through your broker or your TD Ameritrade, E*Trade, or Scottrade account and participate in the growth of the African economy.

You may want to check out:

  • AFK – The Market Vectors Africa Index ETF seeks to replicate the performance of the Dow Jones Africa Titans 50 Index. The fund represents a broad range of sectors and African countries, including exposure to some less traditional, frontier markets. Up 23% in 2010.
  • GAF – SPDR S&P Emerging Middle East & Africa ETF. Seeks to closely match the returns and characteristics of the total return performance of the S&P/Citigroup BMI Middle East & Africa Index. Up 22% in 2010.
  • EZA – South African ETF, up 29% in 2010.

You can also call your broker and ask them to invest directly in publicly listed firms on the Ugandan Securities Exchange or the Nairobi Stock Exchange.

For proper disclosure, as of this writing I do not own any of these ETFs but might in the future. I am definitely not a qualified securities advisor in any way and past performance is not necessarily indicative of future performance.

Thanks for reading. I hope you enjoyed this post! Please share and comment.

Next, I’ll be posting about the entrepreneurs I’ve met in my first three days here in Africa…

- Ryan, Nairobi, 30.12.10

You’re Invited: A Metropolitan Safari for Rwanda at iContact

November 2, 2010


I wanted to invite Dare Mighty Things readers to a special event coming up at iContact. We are hosting a “Metropolitan Safari” on Monday November 8th at 6:30pm at our new offices in Morrisville.


We will have as guests two remarkable women from Rwanda who will share with us their perspective of the Rwandan genocide, how the country has turned their economy around through technology and entrepreneurship, and the role of women in rebuilding the country. We will also be giving the grand tour of our beautiful new space and offering rides on our new slide.


We will have African food, African music, and an open wine and beer bar.


Tickets can be purchased here. You can also RSVP on Facebook. You can use the discount code “ICONTACT” when you register if you wish. All proceeds from the evening will benefit The Akilah Institute for Women in Kigali, Rwanda. More information is in the invitation below. I hope you can come. Thanks for helping us spread the word!


You can also download a PDF invite for the event.


Sincerely,

Ryan


You’re invited to join us for a very special evening at iContact’s new offices in Morrisville, NC


What: iContact’s “Metropolitan Safari” Fundraiser for the Akilah Institute for Women Rwanda


When: Monday, November 8th, 2010 6:30pm to 8:30pm


Where: 5221 Paramount Parkway, 2nd floor, Morrisville, NC 27560


Purchase tickets here


(You Can Use Discount Code “ICONTACT”)

Join us November 8th and see iContact’s new offices in Morrisville for the first time while supporting a great cause.


We’ll be giving the grand tour of our brand new building on the Lenovo Campus that gives us room to grow to 550 employees and offering free rides on our slide.


We’ll start out with cocktails and hors d’oeuvres on the 2nd floor at 6:30pm then going upstairs for the Akilah presentation. I hope you will join us for this special evening.


Ticket Information


(Use Discount Code “ICONTACT”)

All proceeds from the evening will support the Akilah Scholarship Fund and empower young Rwandan women to become leaders in their communities.

About the Akilah Institute for Women

Akilah empowers young women to transform their lives by equipping them with the skills, knowledge, and confidence needed to become leaders and entrepreneurs in East Africa. Learn More | Make a Direct Contribution

Social Good With Market Returns at Skoll World Forum on Social Entrepreneurship

April 15, 2010

Why I’m At Skoll…

I’m in Oxford, England today for the first full day of the Skoll World Forum on Social Entrepreneurship. I’m making great connections with investors who care about social impact equally to financial returns and learning how iContact can be a more socially responsible enterprise.

Our vision for iContact is to “Build a great global company based in North Carolina for our customers, employees, and community.”

So I’m here to ‘go to school’ for three days on how to truly maximize return for customers, employees, and community so that we can in turn maximize financial results for our shareholders. Fiduciary duty can go along with human social duty!

To me, having a formal CSR program and caring about impact for the customers, employees, and community is just good business sense that in fact maximizes financial return.

Increasing Financial Results By Focusing On Social & Environmental Impact

Personally, I strongly believe, in today’s new world, ensuring your business provides a positive social and environmental impact (or at least not a negative one!) will increase your financial return, not decrease it. I’ve seen this happen with numerous for-profit socially responsible companies like Ben & Jerry’s, The Body Shop, Whole Foods, Burt’s Bees, and Salesforce.com.

How can focusing on social impact improve financial results?

How can focusing on social return improve financial results? In three simple ways.

  1. The type of employees who want to work at companies that care–companies that put equal emphasis on profits and purpose–are the most productive and often most aware and intelligent team members.
  2. There is a growing movement toward consumers who care. Consumers will have much more brand loyalty to a company that they know cares and makes a positive social impact.
  3. When customers become passionate about a brand they talk about it more and more people will write about it.

The Tipping Point

After 30 years of so many in the social enterprise field working towards this, the tipping point has been passed wonderfully and thankfully. As the Dean of the Oxford Said Business School Colin Mayer said last night, the financial crisis has shown that short-term focus on only financial results does not lead to long term success.

Organizations like B-Labs have succeeded in changing public policy toward the benefit of companies who care. Self-interested (”greedy”) business owners who want to make money will now wonderfully benefit financially from implementing a formalized Corporate Social Responsibility program and ensuring they track and social impact and environmental impact.

The invisible hand is now starting to work toward social good with economic growth now that incentives are being realigned properly toward sustainable economic growth. While there is much more path to tread toward truly aligning policy incentives and consumer purchasing behavior toward companies who care–it is happening and the tipping point has passed! Eureka!!

Social Good With Market Returns?

Right now a panel called ‘Social Good With Market Returns’ is about to begin. I’ve been tweeting a lot about the conference via @ryanallis.

The moderator is Herta von Stiegel of Ariya Capital.

The speakers are:

Nick O’Donohoe, Global Head of Research JP Morgan
David Chen, Principle, Equilibrium Capital Group [video]
John McCall MacBain, Founder and Director, McCall MacBain Foundation

Nick from JP Morgan is talking about the Social Finance group at JP Morgan. Nick is not a “normal banker.” They invest in social enterprises that have a double-bottom line (financial and social). This social investing field is also being called “Impact Investing.”

Ensuring Off-Balance Sheet Externalities Are Positive

There is a engaging discussion going on now at the panel around off-balance sheet externalities (positive and negative) of impact (positive or negative). Nick says “every time we make an investment we are creating externalities.” He says these externalities can be positive (jobs) or negative (pollution). He says “for the first time the investment community is measuring the social impact of what they are doing and only investing in companies that create net positive externalities.”

This discussion is at the core of global history of the past 200 years as the ideological battle between communism, socialism, and capitalism has been waged. The new consensus that is emerging here is that what has won (and in fact what must win for the sake of humanity’s ability to continue) is socially responsible capitalism. As John Perkins points out in Hoodwinked, there is nothing inherent in the model of Capitalism and the competitive market economy that require off-balance sheet externalities that destroy the world.

Taking Into Account the Full Cost of Environmental Damage

Now the discussion is revolving around how to adjust public policy to enable the true cost of negative externalities to be accounted for in the financial accounting results. Some are saying the Holy Grail for improving the world through business is to make all investing ‘impact investing’ by taking into account the true cost of environmental resources that are not renewed into Generally Accepted Accounting Principles (GAAP).

“Better accounting for negative externalities is really important” said John McCall MacBain of the McCall MacBain foundation just now on the panel. The discussion is revolving around environmental costs being forced on any organization that destroys a natural resource (public good) that does not replace it sustainably and the impact this would make on ensuring warped incentives are not provided to global financially-focused Boards of Directors.

The discussion has shifted to bringing the silos of philanthropy, impact investing, running non-profits and socially responsible for-profit entrepreneurship.

Borrowing a meme from my friend Judith Cone who worked at the Kauffman Foundation and now works at UNC as a Special Assistant to the Chancellor for Innovation and Entrepreneurship, perhaps it is all about where goodness lies. Goodness can be in the heart of the public sector official, for-profit socially responsible entrepreneur, non-profit executive, global multinational Board member, activist, or investor.

Nick O’Donohoe from JPMorgan is speaking about how JP Morgan can access capital high net worth individuals and institutions they work with which want to tap into investment funds specifically set up for investing in companies who put an equal emphasis on social impact as financial results.

Questions & Comments?

What questions are there on this topic of public policy changes and investing in companies that create social good while achieving market returns or above market returns? I’d love to discuss this more!

You can follow tweets from the Forum here.

Thoughts on Uganda

July 10, 2008

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I was in Uganda from June 29-July 6. I was there to visit two non-profit organizations I have been involved with and contributed funds to in the past. It was my first visit to Africa, and definitely will not be my last.

Uganda really is a beautiful country. It has lots of challenges, yet lots of real opportunities. Seeing the extreme poverty that exists there first hand was difficult, yet instructive and very helpful to my understanding of the issue. 89% of Ugandans are currently subsistence farmers, so a great majority of the population lives in rural villages. It was very common to see families of 6 to 8 living in mud and stick one-room shacks with tin or grass roofs with dried dung floors with no running water, toilet, or electricity. The primary school we visited in Mityana in the West had neither windows nor doors and had dirt floors.

Even more difficult is the realization that the difficulty of the living conditions I saw in the rural areas pale in comparison to those in the refugee camps 300 miles to the north in Northern Uganda, centered around Gulu which was the center for the LRA activity, which has significantly calmed since the 90s. I was amazed at the extent to which the children and most adults living in these most difficult conditions maintain such a level of happiness and non-complaint.

It was a bit unnerving to see out front of every bank and gas station an armed security guard with a rifle or shotgun. The traffic is absolutely insane, enhanced by the pavement ending at times. At one point we were passing a car that was passing another truck, and got driven into the shoulder on the other side of the road. That type of experience was common. There are no medians and the highways are all two lanes. There are just three stop lights in Kampala and none elsewhere in the country.

The thousands of Boda Bodas (motorcycles) and Matatus (bus taxis) all over and the pedestrians crossing allover add to the confusion. And not to mention the cows, which are often in the road calmly walking across. Cows and goats tend to be tied up to the side of the roads so they can be used for mowing. Babies run around naked or just wearing shirts, often with no parents in sight, and kids from 3 to 12 wearing bright purple, yellow, green, or blue school uniforms can be seen walking along the side of the roads for miles around 8am and 5pm each day. The kids would often smile and yell out ‚ÄúMuzungu‚ÄĚ which means white person when we drove by.

The current Museveni administration has been in power since 1986 and while it seems to be succeeding in providing some basic services, the roads are still very spotty and the electrical grids shut off a few hours per day outside Kampala. Many are calling for him to leave, not because he’s doing a horrible job but because he’s been in power 22 years. They seem to have a good freedom of speech there and an opposition newspaper. People we spoke to were not shy to offer their criticisms. Many people were speaking about Mugabe and his visit to the African Union last week and hoping for his ouster.

The economy is growing. The competition between CelTel, Warid, Uganda Telecom, and MTN for cell phone was intense. All the services sell Airtime Credits rather than monthly subscriptions since most Ugandans do not have a fixed postal address nor a credit card. These four companies advertise literally everywhere, including painting in exchange for compensation thousands and thousands of buildings and homes along the side of all the roads.

Uganda now has GPRS service which allowed me to access my Blackberry email without a problem most of the time even in very rural areas.

They also are deploying 3G service in the major cities. I saw a number of iPhones there among lawyers and professionals. The biggest employer in Uganda is interestingly Coca Cola. There are tremendous opportunities to invest in alternative energy production, especially in regards to biomass. Roey and I had a chance to visit Torero Cement, the largest cement factory in Uganda on Friday as he’s working with them to supply biomass so they can reduce their coal usage. The economy remains a cash economy. I did not find a single store or company that accepted credit cards outside of the airport.

We stayed with an investment banker who runs Daro Capital on Friday night in Kampala. He help a get together of a group of technology execs and professionals on Tuesday night, including a gentleman who is starting an SMS marketing service. I spoke to a number of people to get a sense of the ripeness for email marketing. Rough statistics, but it seems right now about 25pc of Ugandans have email addresses, though most check them via Internet Cafes. Broadband access is only available via Satellite at a cost of USD$1000 per month, so even the professional class and wealthy have only dial up or GPRS access. A T1 is being installed in Uganda in 2009 after which access will go substantially up.

We visited Entebbe and Kampala on Day 1, Mityana on Day 2, Mbale on Day 3 and 4, and Torrero on Day 5, and Mukono on Day 6. We also drove though Jinja and saw the source of the Nile river.

In Mityana, we visited Nourish International Students working at Naama Millennium School, a school funded by Dr. Christopher Kigongo, who now lives in Durham most of the year and was the former Director of Health Education for Uganda. In Mbale, we visited the Foundation for the Development of Needy Communities (FDNC) which has a vocational school and special needs school founded by Samuel Watulatsu, who presented at a Entrepreneur & Social Entrepreneur Meetup at our house in Chapel Hill last October.

On the way there I spent a day layover in Dubai. Dubai is one of the 7 emirates in the United Arab Emirates, so it‚Äôs the size of a county and has 6-7 cities in it, that have names like ‚ÄúInternet City, Media City, and Sports City.‚ÄĚ The amount of construction and cranes there was immense. The Emirate boasts an indoor skiing area, and man-made islands in the shape of a palm tree and one in the share of the world. They have built the largest building in the world, the Burj Dubai, shown in picture 4. It is still being finished. When it is done next year it will be 166 floors and 2100 feet tall.

Bottom line, the experience has caused me to be even more dedicated toward spending the rest of my life working to increase access to education, healthcare, food, and technology and working toward ending warfare and ensuring sustainability. I look forward to going back again soon.

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