Africa’s future is likely to be reshaped and its performance outlook overhauled as experts, policy makers and business leaders converge in Kigali next week under the 26th World Economic Forum-WEF Africa 2016.
The three day forum expected to kick off on Wednesday at Kigali Conference and Exhibition Village (Camp Kigali) is seen as a platform that is likely to ignite ideas and strategies that would help to leapfrog the continent’s economy.
“A strong contingent of public figures, business leaders, entrepreneurs, youth leaders and activists will participate, contributing ideas and energy towards solutions that will shape Africa’s future,” said Elsie S. Kanza, Head of Africa, Member of the Executive Committee, World Economic Forum
Under the theme ‘Connecting Africa’s Resources through Digital Transformation’, the forum will as well focus at digital economy catalysts which are likely to provide radical structural transformation, enhancing public-private engagement on global and regional issues.
“There is widespread agreement that Africa needs to craft new approaches to trigger structural transformation,” a statement from the forum further explained.
Accordingly, Akinwumi Ayodeji Adesina, President, African Development Bank, Dominic Barton, Global Managing Director, McKinsey & Company, Tony O. Elumelu, Chairman, Heirs
Holding will be co-chairing.
Others are Philippe Le Houérou, Executive Vice- President and Chief Executive Officer,International Finance Corporation, Graça Machel, Founder, Graça Machel Trust (GMT) and Tarek Sultan Al Essa, Chief Executive Officer and Vice-Chairman of the Board, Agility, Kuwait.
Moreover, as the world continues to further get connected, experts believe there is need for the continent’s digital transformation strategy especially when the internet penetration stands at 26 percent, according to Africa Competitiveness Report 2015
With this, the forum will focus on how ICT will drive Africa’s digital transformation, realizing Africa as One, Market Rebuilding Trust and Integrity in Business Digital and the role of technology in transforming Africa’s financial.
Also on agenda is financing gaps for economic and social infrastructure through innovative partnerships, emphasizing commitment in the Sustainable development Goals, achieving universal access to energy.
Others include, Transformation of Healthcare, Digital Transformation of Industries and making economies become autonomous and the Change in the growth landscape changing across the continent.