WEF: Ethiopia Emerges First African Nation to Host International Forum in 2020

Wednesday, January 23, 2019 05.00PM / Ottoabasi Abasiekong for Proshare WebTV

Ethiopia has been confirmed as the first country in Africa to host the World Economic Forum (WEF), which is usually hosted at Davos-Klosters, Switzerland.

According to the Ethiopian News Agency the founder of the World Economic Forum, Prof  Klaus Schwab discussed this with the Prime Minister, Mr Abiy Ahmed, with an agreement to the Ethiopian hosting of the next summit.

Chart 1 Ethiopia GDP 2009-2017 ($’bln)

Source: Trading Economics

Ethiopia had requested for the second time last year to host the World Economic Forum on African soil.

This marks a significant milestone for the African nation credited with remarkable economic reforms and transformation.

The annual Davos World Economic Forum is the gathering of over 1,000 business and political leaders across the globe, to chart fresh pathways for global economic growth.

Africa will be hosting the WEF for the first time since the inception of the summit in 1974.

Related News

1.          NSE Hosts NESG Powered UK-Nigerian Climate Finance Accelerator Workshop in Lagos

2.    Economic Indicators: Moving Forward Slowly

3.    FAAC Disburses N2.38trn To FG in 2017 - NBS

4.    Review of Key Developments in the Nigerian Economy Week 3 of 2019

5.    The 10-Year Challenge and a Comparative Snapshot of Nigeria’s Key Economic Indicators

6.    FAAC Disburses N812.76bn in December 2018 - NBS

7.    5 Key Takeaways from Nigeria’s December 2018 Inflation

8.    Stakeholders At 3rd Vanguard Discourse Harp on Target Driven Human Development Policy

9.    Closing The Funding Gap In Social Infrastructure

10.  Headline Inflation Increases By 11.44% YoY in December 2018; 0.16% Higher Than November 2018 Rate

11.  NEOC 2019 Conference Discusses Economic Reforms, Investments and Jobs in Nigeria

12.  Review of Key Developments in the Nigerian Economy Week 2 of 2019

13.  Technical Committee on Minimum Wage to look for Additional Revenue – Udoma

14.   A Spike in Inflation Rate – Any Monetary Policy Response?

1.