World Economic Forum, engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. The Forum brings together the world’s foremost CEOs, Heads of State, Ministers, International Organizations, Youth, Technology innovators and so forth, with the aim of driving positive change.
The Forum has been carried out in a number of African countries in the past few years including; Addis Ababa-Ethiopia (9th – 11th May, 2012), Abuja-Nigeria (7th – 9th May, 2014) and Cape Town-South Africa (3rd – 5th June, 2015) and finally comes to Kigali-Rwanda.
Rwanda will host the 26th World Economic Forum on Africa from the 11th – 13th May, 2016 at camp Kigali.
Under the theme “Connecting Africa’s Resources through Digital Transformation” the Forum engages the foremost political, business and other leaders of society in an impartial space to shape global, regional and industry agendas with the aim of driving positive change.
Most African economies face weakened growth due to adverse changes in the global economy such as; Low global prices for major commodity exports, currency devaluations and debt sustainability and geosecurity threats. Therefore this forum seeks to discuss new strategies for economic diversification for inclusive sustained growth.
The World Economic Forum on Africa will gather Africa’s leaders to discuss the new approaches that need to be pursued to ignite structural transformation, particularly in the face of rapid technological changes that have the potential to create new industries and reduce inequality. Regional and global leaders from business, Government and civil society will discuss digital economy catalysts that drive radical transformation, strengthen public-private collaboration on key global and regional challenges and agree on strategic actions that can deliver shared prosperity across the continent.
The forum will be highly interactive and discussions will be outcome oriented. There will be plenary sessions, televised sessions, arena sessions, pop-up stories, and transformation mapping sessions, interactive sessions, work studios and New Solutions sessions. Participants will be highly involved in this event and speeches are highly discouraged.
The sub-themes of the world economic forum on Africa are:
- Governance and institutions
- Finance and growth
- Human development and entrepreneurship
The event will be Co-chaired by renowned and versatile leaders across the globe including; Akinwumi Ayodeji Adesina; President, African Development Bank Tony O. Elumelu; Founder of The Tony Elumelu Foundation, Graça Machel; Founder of Foundation for Community Development, Dominic Barton; Global Managing Director, McKinsey & Company, Philippe Le Houérou; Executive Vice-President & Chief Executive Officer, International Finance Corporation, Tarek Sultan Al Essa; Chief Executive Officer & Vice-Chairman of the Board, Agility and so forth.