TanzInvest: What’s going on at the Tanzania Investment forum
Today, the Tanzanian Investment Forum (TanzInvest) is taking place at the Julius Nyerere International Convention Centre, Dar es Salaam. TanzInvest focuses on economic growth and investment opportunities in Tanzania, and is part of a series of worldwide events led by CountryFactor, a global investment consulting company.
For those of you who can’t be there, here’s a sneak peak of what’s going on behind the Julius Nyerere centre’s closed doors:
President Magufuli will speak
H.E. John Magufuli will give a keynote speech at the event. Recently, he has urged increased local and foreign investment, stressing that the government will give maximum support to all investors. Additionally, he has urged potential investors to kindly observe Tanzanian law, such as timely payment of tax and other relevant dues to the government.
Chance to learn from the experts
Key figures in the African private and public sectors will join Magufuli in imparting insightful investment advice. These include: Clifford Tandari (Executive Director of Tanzania Investment Centre), Reginald Mengi (Chairman, Tanzania Private Sector Foundation), Kapuulya A. Musomba (Acting Managing Director, Tanzania Petroleum Development Corporation).
Extra on second day
The conference runs until the 17 November, when attendees can attend sector and one-to-one meetings. They can also attend site visits. Sectors include natural resources, petroleum and mining, financial institution, energy, tourism, agriculture & livestock development, manufacturing, real estate, transportation, economic, infrastructure, telecommunications and ICT.
Attendees will have the chance to network with each other and speakers throughout the event, but more specifically during networking lunches and tea breaks
Plan for the future
At the end of the first day, there will be an ‘Outlook Panel’ named ‘Development Vision 2025. Various experts will discuss the future of Tanzanian investment, and Dr Adelhelm Meru, Ministry of Trade Industry & Investments, will chair the panel.
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.