ECONOMIC PARTNERSHIPS: WHAT ARE THE POTENTIAL GAINS AND LOSSES FOR AFRICA AS WELL AS THE IMPACT ON THE CONTINENT'S INTEGRATION?
Africa has today a unique opportunity to realize its untapped potential and address the various challenges the continent is facing. Africa’s huge development and economic possibilities have to be leveraged more effectively in order to achieve the continental vision of an integrated, prosperous and peaceful Africa.
The establishment of a continental Free Trade Area (CFTA), one of the flagship projects of Agenda 2063, will contribute significantly in accelerating the growth of intra-Africa trade and using trade more effectively as an engine of economic growth. The CFTA will create a single market for goods and services in Africa of over a billion people and a GDP of over 3 trillion dollars. It will also provide important incentives to invest in and partner with Africa, as the next frontier of global economic growth.
The panel will discuss the importance of broadening and deepening trade and investment partnerships between Africa and the rest of the world. The panel will also provide insights on the challenges that needs to be addressed today to ensure that Africa’s trade relations achieve their full potential in promoting economic development and further integration into regional and global value chains. The panel will also explore the future of U.S.-Africa relations beyond AGOA and how to take these relations to a higher level in light of the establishment of the CFTA.
IMPACT INVESTING: A NEW PATHWAY TO ACHIEVING THE UN SDG GOALS IN AFRICA
What is impact investing? Impact investment is being packaged as the next big thing in Africa. It promises to solve unemployment, fix infrastructure, and increase agricultural yields, repair rent seeking banking behavior and even help African instititions. But have impact investment-led ventures really improved the lives of Africans? This panel ignites an honest and frank conversation about what's working in the impact investment space and what could be improved.
Boosting Intra-Africa Trade through Robust Transport Links & Logistics
With sub-Saharan Africa having the lowest road and railroad densities among developing regions, according to the World Bank, the continent will need to invest $20 billion annually until 2020. That being half of the challenge, the equally paramount question is how can African countries then fully utilize infrastructure connecting regional markets and economies from the perspective of the current modes of intra-regional/continental transport? Our panel of experts discuss the importance of augmenting transport links and logistical capacities in the continent.