Keeping Africa on its feet, as you will soon hear from the horse’s mouth, takes long vision and right action at all points.
This means that it is not easy. That is why all managers of Africa are getting together to explore how the impressive growth momentum can be kept at all costs. Otherwise, things will be worse than the Africa CEO Forum puts it:
“After 15 years of sustained growth, Africa is now facing less favourable winds. Although certain countries, such as Senegal, Côte d’Ivoire, Ethiopia and Tanzania, are still performing well and achieving world-class results, overall growth for 2016 is expected at 3 per cent – a far cry from the 6 per cent achieved ten years ago – which calls for a more detailed analysis of the economic boom of the 2000s.”
As a result, CEOs of the largest African companies, political decision makers from more than 40 African countries and the most active bankers and investors on the continent will gather on the 20 and 21 March, 2017 in Geneva, Switzerland, for the 5th edition of the Africa CEO Forum.
Re-thinking Africa’s business model
“By holding the 2017 edition under the theme ‘Re-thinking Africa’s business model’, the Africa CEO Forum has chosen to focus on the changes that must be made in order to succeed in this new economic cycle,” explains the Africa CEO Forum organisers.
Among the critical issues to be tackled at the special forum include how to unleash Africa’s entrepreneurial energies, increasing Africa’s attractiveness to international investors, improving the competitiveness of African stock exchanges, as well as encouraging the creation of more export-orientated activities.
“The Africa CEO Forum 2017 programme will also feature more than 20 sessions that debate and examine a number of practical issues that African companies face, including: Digital Transformation, Fintech, Agribusiness, Private Equity, the development of African champions or off-grid electricity.”
To culminate in a prestigious awards ceremony which recognises companies and investors whose strategies are proof of their sheer determination to play a part in Africa’s growth, participants have several opportunities to broaden their professional network, identify new partners and establish new business partnerships through the range of meeting formats and dedicated networking spaces.
These include plenary sessions, sectoral and functional panels, round tables, presentations of investment projects, the mobile application, cocktails, the gala dinner and a networking lounge.
“Over the past four years, more than 150 African and international companies and investment funds, as well as 30 high-profile CEOs influential in driving Africa’s growth have been nominated,” notes the website.
African business excellence
Among the six awards recognising African business mavericks include African Company of the Year, African Bank of the Year, CEO of the Year, as well as Young CEO of the Year.
In 2015, billionnaire-businessman Chris Kirubi clinched CEO of the Year, as it remains to be seen whether Uchumi CEO Julius Kipngetich will make the country, now globally known for its aggressive and winning entrepreneurial spirit, rather proud.
Otherwise, he has a formidable rival: Mohammed Dewji, who he is Tanzania’s richest and Africa’s youngest dollar billionnaire, according to Forbes Magazine.
Organized by the Group Jeune Afrique and rainbow unlimited, in partnership with the African Development Bank, the forum is fast rising to become the foremost international event dedicated to the development of the private sector in Africa.