Stronger together through entrepreneurship

Published: 25/09/2025

Why OVO strengthens both entrepreneurs and their local economy

African SMEs are the backbone of local economies. Yet too often, they are held back by a lack of financing, guidance, and a supportive network. At OVO, we believe that lasting change is only possible when we strengthen both entrepreneurs and the local economic fabric.

 

The dual approach

Our approach works on two levels:

  • Micro: direct support to SMEs through intensive coaching, training, and access to capital.
  • Meso: strengthening the local economic network by working with incubators, educational institutions, NGOs, and governments. Because an entrepreneur can only grow sustainably in an environment where markets are accessible, rules are entrepreneur-friendly, and collaboration is the norm.

Collaboration as the key

This is possible thanks to Multi-Stakeholder Partnerships (MSPs). Local partners know the context and build trust; international partners bring funding and expertise. OVO connects these players, so all parts come together into one strong whole.

 

OVO aligned with the African Venture Philanthropy Alliance (AVPA)

The recent AVPA report on Multi-Stakeholder Partnerships confirms what OVO has been putting into practice for years: sustainable change in Africa cannot come from one actor or one approach alone. Collaboration between businesses, governments, NGOs, investors, and communities is the key to strengthening the local economic fabric and giving entrepreneurs the space they need to grow.

OVO’s 2025–2029 strategy fits seamlessly with this vision. With our dual approach, we support individual entrepreneurs and help strengthen the local economic fabric. In this way, we translate the insights from the AVPA report directly into action. Read the full report here.

 

A call for support

OVO cannot do this alone. Our work depends on volunteers, partners, and financial support from companies, foundations, and individuals. Your contribution makes it possible to coach more entrepreneurs, provide more loans, and structurally reinforce the local economic fabric.

 

Together, we build entrepreneurship that transforms lives and gives communities a future. By supporting OVO, you also join a powerful network of entrepreneurs, volunteers, partners, and governments. We connect organizations and companies to spark collaboration and cross-fertilization. These partners are already part of the OVO network.

 

Discover how you can make a difference here.


Or feel free to contact karen@ovo.be to explore partnership opportunities.

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