Interested potential AABF III participant firms considering
forming business linkages with parties in Africa and/or Asia must meet the following
criteria to participate:- Originate from and be established in one of the
participating countries
- Be engaged in business activities in at least
one of the selected industry sectors
- Be established in business for at
least 5 years and be in possession of audited financial statement for that period
or for those with new business ideas, have a previous track record of successfully
launching/managing a business
- Have annual sales turnover of USD 500,000,
or if recruited after August 2003, USD 1,500,000
- Possess the managerial
and operational capacity to engage in and follow-up on negotiations at the Forum
- Be able to finance the cost of a return air ticket to the Forum venue and
related costs.
However the focal point will use his/her judgment in each case
The focal point will be expected to review and screen the companies he/she selects. AFRIFINANCE will
do the final selection. The main test this time around is that the company should have enough financial
strength to enter into joint business ventures with Asian and/or African counterparts.
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