Spotlight on African growth

BUSINESS

|
Image: By BizTechAfrica
Spotlight on African growth

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 But Africa’ s “ connectivity deficit” also creates opportunities to leapfrog expensive and outdated technology and to learn from experiences elsewhere.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.

 

.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE BUSINESS NEWS

MTN Business launches Supplier Development Programme in Mpumalanga

MTN Business has reaffirmed its commitment to develop small and medium-sized enterprises (SMEs) within Nelspruit by extending its Supplier Development Programme (SDP) and Accelerator Programme (AP), the company’s enterprise development initiatives, to the Mpumalanga Province of South Africa.  Read More

VMware appoints Senior Vice President and GM of EMEA

VMware, a global leader in cloud infrastructure and business mobility, today announced the appointment of Jean-Pierre Brulard as Senior Vice President and General Manager of EMEA.  Read More

InfoGraphics chief urges investment in tech start-ups

The Managing Director of InfoGraphics Nigeria, Chinenye Mba-Uzoukwu, has urged wealthy Nigerians to invest in tech start-ups. Read More

Convergence Partners acquires stake in Nigerian Fintech firm

Convergence Partners has announced an investment of $20m for a strategic, minority stake in Venture Garden Nigeria. Read More

MTN Business augments its management team further with key strategic appointment

MTN Business SA has appointed an industry veteran, Mariana Kruger, as General Manager of Private Sector.  Read More

SA Competition Tribunal approves Telkom-BCX merger

Business Connexion Group Limited has announced that the Competition Tribunal of South Africa has approved the proposed merger between Business Connexion Group Limited ("BCX") and Telkom SA SOC Limited ("Telkom") with the imposition of conditions. Read More

Kenyan SACCOS riding on innovation to attract customers

As confidence in mainstream banks remains low due to prohibitive interest rates, customers are embracing Savings and Credit Cooperatives (SACCO) as an alternative. Read More

BITC invites ICT investors

The Botswana Investment and Trade Centre (BITC) is casting its net wide to appeal to players in the Information Technology sector to invest in the country. Read More

Yudala ‘an unstoppable movement’

Yudala VP Stanley Uzoechina, Access Bank CEO Herbert Wigwe and Zinox CEO Leo Stan-Ekeh The opening of Yudala outlets, combining an online shopping platform with retail stores, has been described as a game-changer in Nigeria. Read More

Travelport, TTS sign reseller agreement for Africa, Middle East and Asia Pacific region

Travelport and TTS have signed a sales and distribution agreement for TTS products in the Africa, Middle East, and Asia Pacific regions. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

Young innovators shine during pitch sessionsYoung innovators shine during pitch sessions

Botswana saw an array of upcoming tech wizards selling their ideas during the Vendors’ Day pitch sessions this week.

IN DEPTH

High tech homes: Just press playHigh tech homes: Just press play

High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.