Spotlight on African growth
BUSINESS| June 14, 2010, 6:34 p.m.
Business leaders from Africa and around the world will meet in London next week for the 2010 Africa Business Forum, where talks will be held in how business and government can best design a sustainable growth strategy for Africa in the new global economic environment. The results of the Forum will be communicated to the G8.
The Forum is the latest in a series of think tanks to look at African development, with ICTs coming under discussion for their role in economic and social development. The recent fifth World Telecommunication Development Conference in Hyderabad, India, looked at priorities for the development of ICTs. That event ended with an ambitious roadmap for African development being issued.
Also recently, the Africa Progress Panel headed by Kofi Anan, presented an Africa Progress Report. which called for more education initiatives, empowerment of women and incentivisation of connectivity and the use of ICTs, aong other things.
The report said: “ Despite significant progress, Africa still lags behind in terms of both information hardware and the use of information and communication technologies in management, entrepreneurship, development, social networking and accountability. But Africa’ s “ connectivity deficit” also creates opportunities to leapfrog expensive and outdated technology and to learn from experiences elsewhere. We call upon African leaders in both the public and private sectors to advance results-oriented partnerships around plans to connect the continent, including schools, health centres, farmers, local authorities and the media.”
The Africa Progress Panel called for a more assertive approach from African leaders to translate the continent’ s “ immense resources” into social benefits for its people. The report warned that “ Africans beyond elite circles are not benefiting sufficiently” while at the same time there was great scope to improve Africa’ s partnerships with the Global South.
Next week’ s Africa Business Forum, to be opened by Philemon Yang, Prime Minister of the Republic of Cameroon, will focus on how business and government can best design a sustainable growth strategy for Africa in the new global economic environment. It will discuss the practical partnerships which business is taking on job creation, enterprise, trade, investment and good governance across the continent, and discuss how we can strengthen capital flows and trade.
The Forum will also be addressed by Ministers from Rwanda, Zambia, Namibia, Cameroon and newly appointed Hon. Stephen O’ Brien MP, Parliamentary Under Secretary of State, DFID, UK. Business Leaders from the UK, South Africa, Rwanda, Kenya, Zambia, Zimbabwe, Israel, Canada, Uganda, Nigeria, Tanzania, Australia and the US will also address the meeting.
MORE BUSINESS NEWS
Women can lead 21st century ICT industry, says Zinox chiefWith the right mix of innovation, business focus, accountability and ambition, women entrepreneurs can spearhead the evolution of the ICT industry in the 21st century, says the Chairman, Zinox Group. Read More
Leading through volatility in AfricaFor the businesses that are prepared to face the storm and manage the volatility afflicting the continent, there are still huge rewards to be had from doing business in Africa, says SAP. Read More
American Tower Corporation, Bharti Airtel in Nigerian tower sale agreementAmerican Tower Corporation and Bharti Airtel Limited have entered into a definitive agreement for the sale of over 4,800 of Airtel’s communications towers in Nigeria. Read More
Mobile backlog affects revenuesNew research shows that a slow approach to app development is increasingly damaging revenue opportunities in the enterprise. The study found that organisations are currently struggling with a significant mobile backlog and unable to cope with business demands. Read More
Kenya courts technology to woo investorsKenya, East Africa’s lead economic hub, has stepped up its efforts to woo investors through its rigorous incorporation and adaptation of technology to ease business transactions. Read More
‘Prepare for an explosive year ahead’ - Dac SystemsFrom a technology solution supply and reselling perspective, 2015 is going to be a bumper year, says Dac Systems. Read More
The Business Network is the futureHyper-connected business networks will extend business processes that used to stop at the walls of the enterprise, and will fulfill the promise of the real-time global networked economy to reduce complexity without sacrificing sophisticated work, says SAP. Read More
Africa SME Champions Forum: creating an ecosystem to support African championsThe Africa SME Champions Forum closed in Dakar last week, but its work in support of African champions is only just beginning. Read More
Deloitte: Africa GDP to top $3.7 trillion by 2019Africa’s gross domestic product will grow by 50% to $3.7 trillion over the next five years, says Deloitte. Read More
FEATURED STORYGSMA: half a billion mobile subscribers in SSA by 2020
The number of unique mobile subscribers in Sub-Saharan Africa will pass the half billion mark in 2020, says a new GSMA report.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.
COMPANY NEWSLeading through volatility in Africa
For the businesses that are prepared to face the storm and manage the volatility afflicting the continent, there are still huge rewards to be had from doing business ...