WORLD ECONOMIC FORUM ON AFRICA TO BE HOSTED IN CAPE TOWN THIS SEPTEMBER
The 28th World Economic Forum on Africa will take place in Cape Town, South Africa, from September 4-6. The theme of the meeting is “Shaping Inclusive Growth and Shared Futures in the Fourth Industrial Revolution”.
The meeting will be the first that the World Economic Forum has held in sub-Saharan Africa since 2017, when leaders from government, business and civil society from around the world gathered in Durban, South Africa. This will also be one of the few times, the World Economic Forum on Africa is hosted in September, as previous years saw the event take place in May or June.
This year’s meeting falls in a year when 20 elections will take place across the region, and nearly 100 days since South African President Cyril Ramaphosa took office. While progress has been made politically in sub-Saharan Africa, economic growth is also expected to accelerate modestly in 2019 from 3.1% in 2018 to an average of 3.6% in 2019, according to the World Bank.
Against this backdrop, the World Economic Forum on Africa will address a number of key issues facing the region’s inclusive development. These include:
– Supporting growth and integration through the African Continental Free Trade Area
– Creating high-quality employment opportunities and protecting workers in the Fourth Industrial Revolution
– Employing drones to address health, infrastructure and other societal needs
– Using emerging technologies to advance healthcare and prepare for epidemics
– Implementing growth strategies that address environmental challenges and deliver industrialization
“Africa’s successful development depends on building the right conditions for its new generation of entrepreneurs, innovators and leaders. This means smart, agile institutions; an enabling environment for innovation that includes access to skills and capital; and a determined approach by policy-makers to level the playing field and implement policies that prioritize sustainable, inclusive growth over short-term imperatives.”
– Head of the Regional Agenda, Africa, and Member of the Executive Committee at the World Economic Forum, Elsie Kanza
The Co-Chairs of the meeting 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
– André 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