The Afribiz Foundation (TAF) presents the Indigenous Nation Development Partnership (INDP) program, which is designed to empower indigenous nations to develop flourishing economic systems leveraging their strengths, such as people and natural resources. It starts with a large-scale, strategic project designed to rollout over a period of time. This strategic project will typically evolve into many spin-off projects.
TAF partners with indigenous nations to create and implement a bankable, strategic project that is bankable, or investment-ready. How INDP is structured allows bankable (and implemented) projects to unlock:
- Investment and funding
- Resources and partnerships
- Jobs and entrepreneurial opportunities (specifically addressing youth unemployment)
- Spin-off markets and businesses
- Acceleration of social and economic development targets
- Improvement of livelihoods and business opportunities for citizens so that they have the capacity to pay for services and taxes
- Improvement in service delivery
- Workforce and skills development
- Strengthening of research and education institutions
- Simultaneous urban and rural community development
- New global opportunities and partnerships for in-country stakeholders, including government, educational institutions, and private sector
- Capacitization, support, and finance of entrepreneurs and SMMEs
- Platform for further investment and trade with others
The projects, and their financing, can be leveraged to do integrated and inclusive development. The goal is to create structures and projects that will allow for the ongoing development of the targeted locations, not just a project by project approach, and empowering an indigenous nation co-lead the effort and drive its own strategic mission, vision, and future. INDP provides the platform to take projects from idea to bankability to construction to implementation.
Tenets of INDP
- Projects are designed to bring wholeness and well-being to the people participating in or impacted by the project.
- Projects must have an inclusive economic growth strategy.
- Projects will go to extra lengths to ensure those that are marginalized, disenfranchised, and poor benefit significantly from the outcomes.
- Partners will focus on ways to find a common vision and ground instead of division and conflict.
- The Afribiz Foundation will hold itself to these standards and others participating stakeholders. For further details, see our Partnership Compact.
Components and Benefits of INDP
The following table highlights some of the core components of INDP with a description of benefits. The funding structure for the strategic projects in INDP provides the funds to operate each component.
|Creation and management of an “open” fund to provide capital for strategic projects in an INDP.||Instead of having to raise capital for each project, capital is continually raised and managed so capital is ready when projects are ready for funding. It provides access to multiple capital markets – US, Europe, Asia, etc. Because of the design of the program and projects, there is a wide range of sources and instruments for funding, including impact investors, project finance, asset-backed finance, and private equity.|
|Develop and execute strategic projects within a 10-year window.||Initial strategic projects focus on natural resources combined with processing/manufacturing and self-contained infrastructure to catalyze inclusive growth. (Need at least one suitable project that has a completed feasibility study to kickoff INDP.) Infrastructure includes physical, social, and innovation infrastructure.|
|TAF facilitates and orchestrates the strategic implementation and operations for INDP. (Serving as the Partnership |
|TAF serves as the hub for all components of INDP although activities are generally dispersed. This ensures that all activities remain focused on the strategy, objectives, and action plans agreed upon. This organization makes interacting with many actors more seamless and timely. |
TAF ensures activities in-country and US are working together seamlessly. TAF brings US collaborations to the table from the beginning to accelerate INDP implementation. Indigenous nations are free to further relationships with collaborations developed in INDP on their own, but cannot draw commitments away from INDP.
In-country operation structure is co-lead by a TAF implementation partner, normally Globalstratos, and an indigenous nation as capacity is noted or developed. In-country deployment structure of INDP is handed over to an indigenous nation after an agreed upon set of criteria is met.
TAF maintains oversight of strategic and project portfolio unit until the INDP program is concluded. TAF is serving as a “trustee” to serve the interests of all primary stakeholders – indigenous nation, its members, and other partners.
|Capacity building in front-end and back-end project development for key stakeholders of INDP.||Key stakeholders can work together more effectively and efficiently within a common framework to accelerate project development. Innovation is embedded within the stakeholder ecosystem to empower all to discover and drive solutions.|
|TAF sets up an operations structure for the INDP in-country which has a sister structure in the United States. These structures work synergistically.||Able to access and leverage resources, expertise, and networks simultaneously in USA and in-country. TAF and partners operate the in-country INDP operations structure and it is ultimately turned over to in-country stakeholders.|
INDP provides world class operations infrastructure that allows partnership to have capacity often only available for multinationals. Local stakeholders receive capacity building and support to run the operations. This can be replicated to other local stakeholders.
|Develop and maintain academic and research alliances.||Through INDP, stakeholders have access to large academic and research institutions like the University of North Carolina Charlotte and North Carolina State University. This enables the implementation of faculty and student exchange programs; development and implementation of workforce and skills development, as well as training for professionals; creation, enhancement, and capacity building of in-country educational and research institutions; and specialized research and program development for sectors like agriculture, mining, manufacturing and infrastructure.|
|Provide and grow an ecosystem of technical partners, experts, and funders.||INDP leverages existing relationships with, and continually expands relationships with, project developers, engineering firms, law firms, funders, and universities in the United States, Canada, and South Africa. For example, Afribiz formerly facilitated a memorandum of understanding between the former Charlotte Regional Partnership, an economic development agency in North Carolina, and the Industrial Development Corporation (IDC) of South Africa, which is South Africa’s industrial development bank.|
|Facilitate and coordinate in-country stakeholder ecosystems and community empowerment.||In each geographic location of a project, stakeholders and communities are part of the co-development process from the start. Communities and stakeholders receive capacity building to enable them to fully participate in the project development cycle and even create and implement their own development projects on a smaller scale. Through the stakeholder ecosystem and communities, local businesses are identified to participate as suppliers/contractors/developers on projects. |
We also provide capacity building and supplier development to prepare local businesses to participate on projects. As local businesses participate successfully on projects, they are automatically added to our global ecosystem allowing them to seek and develop opportunities in other areas in which we work.
A portion of the funds of projects are set aside for use in stakeholder ecosystems and communities to fund agreed upon sustainable development projects. Another portion of funds is set aside in a trust for wealth building for communities.
|Implement entrepreneurial and SMME development programs across the country.||Local stakeholders, including government agencies and NGOs, receive capacity building and support to deliver enterprise and entrepreneurial programs, which provide training, coaching, resources, and funding, and support to start-ups, entrepreneurs, and SMMEs, while strengthening local entrepreneurial ecosystems. Indigenous companies are prepared to participate on INDP projects.|
INDP energizes the development of diverse spin-off ventures from INDP projects and catalyze growth through SMMEs.
|Design integrated community infrastructure development into INDP project.||Each INDP project will target several communities for integrated community infrastructure development – economic, social, and physical. This design can then be cascaded to other communities. Each INDP project includes a large scale inclusive economic venture like agriculture, artisanal mining, forestry, or manufacturing so that a sustainable mechanism is in place to improve economic livelihoods and opportunities because of the project. Physical infrastructure includes a mix of housing, health facilities, schools, roads, energy, water, etc. Social infrastructure includes education, health, enterprise development, sports and recreation, etc.|
|Establishing a trade and investment platform based on INDP projects.||INDP creates an automatic trade and investment platform between US, Europe, and Asia INDP stakeholders, which is driven by vetted projects and businesses (including those of SMMEs) instead of general trade and investment activities that yield little tangible results. |
Through the entrepreneurial development component SMMEs are prepared to engage with global counterparts and can present well-structured opportunities to potential partners and investors. This new model can be used to redesign an indigenous nation’s trade and investment operations into a sustainable model for the future.
|Establish an underlying natural resource and commodity trading platform and associated value chains, which empowers indigenous nation to valuate, track, sell, and manage resources and commodities across borders. Indigenous nations are also able to leverage resources and commodities as assets to structure funding for projects.||TAF works with CommoditiCO to trace and manage resources and commodities from source-to-market, empowering indigenous nations to leverage natural resources for their development.|