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Entrepreneurship opportunities in conflict zones and frontier markets

Anuj Sharma July 13, 2022

More than 800 million people live in countries affected by what the World Bank refers to as fragility, conflict and violence (FCV). This is a critical development challenge that threatens efforts to end extreme poverty. This is the sharp end of impact investing, bringing private capital, jobs and regeneration to a part of the world that sees only a trickle of the billions of dollars of private capital now earmarked to support the United Nations’ Sustainable Development Goals (SDGs). The Covid-19 pandemic has only exacerbated such issues, and the need for private capital is urgent.

But, raising private capital to invest in conflict or fragile markets is not easy. With risk appetite waning post Covid, and compliance and governance standards tightening, the issue is being exacerbated. There are stark Investment and resource disparities, the regions remain critically underserved by government policy, ecosystem enablers, and international support.

There is a dire need for startups to serve as role models for how capacity-building will stimulate the local economy, thereby attracting greater FDI and support from the mainland regions.

The larger goal has to be to focus on capacity building and scalability, to empower entrepreneurs building innovative businesses

This means more opportunities for growth for local entrepreneurs, greater employment opportunities for locals, and in the longer term, increased resilience to the negative effects of prevalent conflicts, insurgency, and other barriers.


Fireside Chat (3 speakers maximum)

Meta Themes

  • Deliver Equity and Inclusion


Democratising capital, Accelerate climate action

Purpose and Desired Outcome

We hope to shed some light on the importance of developing the entrepreneurship ecosystem in conflict zones and frontier markets. We believe that if there are more discussions and understanding on the gaps, challenges and opportunities in these regions devoid of VC and PE funding, more solutions can be created to address the same. We would like to see more investments in these geographies which are completely devoid of any opportunities. We would love to enable and facilitate initiatives and programs through which the entrepreneurs in these regions could be supported.


  • Asset Managers

  • Accelerators & Incubators

  • Service Providers

  • Government

  • Academia

  • Corporate & SME

  • Allocators (Family Offices, HNW Individuals, Foundations)


  • NameAnuj Sharma
  • TitleFounder and CEO
  • OrganizationALSiSAR Impact
  • StatusConfirmed
  • NameAvinash Mishra
  • TitleManaging Director
  • OrganizationGlobal Innovation Fund
  • StatusInvited
  • NameAudrey Selian
  • TitleDirector
  • OrganizationRianta Capital
  • StatusInvited
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