”Championing investments, Presidential conversations with the private sector”…
It seems the theme of the Africa Investment Forum, was benched on the theories and agenda of the Africapitalism school of thought propounded by the group Chairman and Founder of The Tony Elumelu Foundation (TEF), Tony O. Elumelu. This is In line with the Africa Union’s Agenda 2063, which is the strategic framework for the socio-economic transformation of the continent for the next 50 years.
It builds and seeks to accelerate the implementation of past and existing continental initiatives for growth and sustainable development. It is the Africa Investment forum which was held today in South Africa.
The panel and meeting sought to find a confluence for both Private sector individuals and the government.
Tony Elumelu represented a fraction of individuals bent on changing the idea of Africa. He says there is a need for Africa to strategize and implement sincere execution of policy reforms as success begets success and only through this will SMEs attract foreign investments. He also states that even though deal agreements and signings are a good deed, it is equally important to make sure those deals work as he encouraged governments to facilitate agencies in the private sector to fast-track job creation on the continent.
In a roundup of the Live panel, the president of the African Development Bank, Femi Adesina reiterated the importance of women in the entrepreneurial space ‘No bird can fly with one wing.’ Africa has to unearth and invest in the potentials of women. This is how Africa can transform.
Also on the panels of discussion were the President of Senegal, Macky Sall, President Sahle-work Zewde, Prime Minister of Rwanda, Edouard Ngirente and the Prime minister of Cameroun, Philemon Yang.
This event is a trajectory that will plunge Africa into the space for the future. As Africa’s global bank, we at United Bank for Africa are hopeful for the future of entrepreneurs and the businesses that will change