28th World Economic Forum On Africa To Focus On Inclusive Growth In The Fourth Industrial Revolution

Proshare

Monday, September 2, 2019  /  02:56PM / By  WEF  / Header Image Credit: WEF 


 

Highlights

  • The 28th World Economic Forum on Africa will convene 1,100 leaders from 100 countries, representing business, government, academia, civil society, media and the arts
  • The theme of the meeting is Shaping Inclusive Growth and Shared Futures in the Fourth Industrial Revolution
  • For more information, please click here

 

Inclusive Growth In The 4th Industrial Generation

 

Sub-Saharan Africa's future prosperity hinges on the ability of its leaders to create inclusive, sustainable growth at a time of rapid transformation in the Fourth Industrial Revolution. This will be the main message coming from the 28th World Economic Forum on Africa in Cape Town, South Africa 4-6 September.

 

The meeting will bring together 1,100 leaders from government, business and civil society, including ten heads of state or government. Top of the agenda will be new partnerships to create sustainable employment opportunities for Africa's large and growing workforce.

 

The meeting will highlight: improving the funding and regulatory environments for start-ups; developing new partnerships for re-skilling and upskilling workers; identifying opportunities for green growth such as the circular economy; scaling-up e-commerce for rapid business growth, especially in the SME sector; and how to leverage the new Africa Continental Free Trade Agreement to drive regional integration.

 

Also high on the agenda are government policies and responsible business practices to provide a foundation for a more inclusive society. While globalization has driven economic growth, it is criticized for leading to unacceptable levels of income inequality. Tackling corruption, universal healthcare provision and protection of workers in the gig economy all have a role to play in building more equitable societies.

 

"The World Economic Forum brings top leaders together to create the conditions for socio-economic investment to happen. Africa, like all regions of the world, faces great challenges. For the region to prosper in an increasingly globalized world, it needs transparent governance, competitive economies and peaceful societies. This systemic change can only be achieved through multi-stakeholder collaboration," said Elsie Kanza, Head of Africa at the Forum.

 

New initiatives that will be launched at this week's meeting include:

  • The Africa Growth Platform, a coalition of governments and investors aiming to fast-track development of the region's most promising start-ups and SMEs.
  • The Africa Risk Resilience Platform, a scheme to help governments prepare for, mitigate and prevent climate- and disease-related disasters with the support of the private sector; and
  • Africa E-Commerce Agenda, a partnership between governments, the international trade community and the development community to create three million jobs by 2025.

 

Heads of state or government participating in the meeting include: South Africa's President Cyril Ramaphosa; Mokgweetsi Masisi, President of Botswana; Azali Assoumani, President of the Union of the Comoros; Mandulo Ambrose Dlamini, Prime Minister of Eswatini; Sahle-Work Zewde, President of Ethiopia, Peter Mutharika, President of Malawi, Hage Geingob, President of Namibia, Yemi Osinbajo, Vice-President of Nigeria, Yoweri Museveni, President of Uganda, Danny Faure, President of Seychelles, Emmerson Mnangagwa, President of Zimbabwe.

 

South African government leaders include: David D. Mabuza, Deputy President; Tito Mboweni, Minister of Finance; Jackson Mthembu, Minister in the Presidency; Khumbudzo Ntshavheni, Minister of Small Business Development; Patricia de Lille, Minister of Public Works and Infrastructure; Zwelini Lawrence Mkhize, Minister of Health; Bonginkosi Emmanuel Nzimande, Minister of Higher Education and Training; Ebrahim Patel, Minister of Trade and Industry; Pravin Gordhan, Minister of Public Enterprises; Fikile Mbalula, Minister of Transport; Stella Ndabeni-Abrahams, Minister of Communications, Telecommunications and Postal Services; Grace Naledi Mandisa Pandor, Minister of International Relations and Cooperation. Lindiwe Nonceba Sisulu, Minister of Human Settlements, Water and Sanitation of South Africa, Barbara Dallas Creecy, Minister of Environment, Forestry and Fisheries of South Africa.

 

Senior government leaders from other parts of Africa include: Cesar Augusto Mba Abogo, Minister of Finance, Economy and Planning of Equatorial Guinea; Mamadi Camara, Minister of Economy and Finance of Guinea; Safia Boly, Minister of Investment Promotion, Small and Medium Enterprises and National Entrepreneurship of Mali; Carl-Hermann Gustav Schlettwein, Minister of Finance of Namibia; Uzziel Ndagijimana, Minister of Finance and Economic Planning of Rwanda; Christopher Yaluma,Minister of Commerce, Trade and Industry of Zambia and; Mthuli Ncube, Minister of Finance and Economic Development of Zimbabwe.

 

Leaders from outside the region are: Mohcine Jazouli, Minister-Delegate for Foreign Affairs, African Cooperation of Morocco; Xu Jinghu, Special Representative of the Chinese Government on African Affairs, Ministry of Foreign Affairs of the People's Republic of China; Mohamad Maliki Bin Osman,Senior Minister of State, Ministry of Defence and Ministry of Foreign Affairs of Singapore; Xiana Mendez, Secretary of State for Trade of Spain; Daniela Stoffel Delprete, State Secretary for International Finance of Switzerland; Graham Stuart, Parliamentary Under-Secretary of State and Minister for Investment, Department for International Trade (DIT), United Kingdom and; Cyrus Habib, Lieutenant Governor of Washington, USA.

 

Representatives from international organizations are: Amina Mohammed, Deputy Secretary-General, United Nations, New York; Ibrahim Assane Mayaki, Chief Executive Officer, AUDA-NEPAD Planning and Coordinating Agency, Johannesburg; Moussa Oumarou, Deputy Director-General for Field Operations and Partnerships, International Labour Organization (ILO), Geneva; Mukhisa Kituyi, Secretary-General, United Nations Conference on Trade and Development (UNCTAD), Geneva; Susanna Moorehead,Chair, Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), Paris; Valerie Guarnieri, Assistant Executive Director, Operations Services, United Nations World Food Programme (WFP), Rome; Vera Songwe, Executive Secretary, United Nations Economic Commission for Africa (UNECA), Addis Ababa; Vijay Iyer, Vice-President and Chief Operating Officer, Multilateral Investment Guarantee Agency (MIGA), Washington DC; and Yonov Frederick Agah, Deputy Director-General, World Trade Organization (WTO), Geneva.

 

The Co-Chairs of the 2019 World Economic Forum on Africa are: Ellen Agler, Chief Executive Officer, The END Fund, USA; Jeremy Farrar, Director, Wellcome Trust, United Kingdom; Arancha Gonzalez Laya, Executive Director, International Trade Centre (ITC), Geneva; Andre Hoffmann, Vice-Chairman, Roche, Switzerland; Alex Liu, Managing Partner and Chairman, A. T. Kearney, USA; Jim Ovia, Chairman, Zenith Bank, Nigeria, Sipho M. Pityana, Chairman, AngloGold Ashanti, South Africa.

 

Background

 

Proshare Nigeria Pvt. Ltd.


 

Related Links - Proshare Economy

 


Proshare Nigeria Pvt. Ltd.

 

 

Related News

1.       Monitoring Global Financial Stability

2.      Taming The Currency Hype

3.      AfDB $13 Billion Investment In Southern Africa Is delivering Strong Results - Adesina

4.      The Sluggish Economic Growth In Global Terms For Now, What Does It Portend For The Nigeria Economy?

5.      AfDB, AFREXIM Hold Roadshow In Preparations for 2nd Africa Investment Forum

6.      Statement by World Bank Group President David Malpass: Kristalina Georgieva - Leave of Absence

7.      Further Tilt To The Downside In WEO Script

8.     Sluggish Global Growth Calls for Supportive Policies

9.      Nigeria, 7 Others To Benefit from £14bn UK DFIT 2019 ODA

10.  Rebalancing the Global Economy: Some Progress but Challenges Ahead

11.   Corporate Tax Rates: How Low Can You Go

12.  Slow Growth, Rising Inequality Should Prompt Policy Makers To Drive Inclusive Growth - OECD

13.  Trade Balances Mostly Driven by Economic Forces, Not Tariffs

14.  Afreximbank Included in SEM-10 Index in Mauritius

15.  Tariff Shocks: The Role of Value Chains in Europe

16.  The Price of Capital Goods and The Threat to Investment

17.   AFDB On Roadshow In Seoul And Tokyo To Woo Asian Investors Ahead Of 2019 Africa Investment Forum

18.  Ekiti State Governor Visits AfDB, Makes Case For Increased Investment In His Region

19.  Africa’s Output Grew by 3.4% in 2018- AFREXIM Bank

20. Mapping The World’s Financial Weak Spots

 

 

Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.


Proshare Nigeria Pvt. Ltd.

READ MORE:
Related News
SCROLL TO TOP