The ongoing World Economic Forum today debated on how best to maximize social and economic returns, increasing private sector investment and reaping benefits from leapfrogging within the continent.
According to WEF in the past years transportation, energy and communication investments contributed substantially more to per capita growth in Africa than structural policies.
The first plenary session of World Economic Forum on Africa, taking place in Addis Ababa, Ethiopia, from the 9th – 11, 2012, has held a discussion on issues related to fostering political stability, strengthening business environments and advancing regional integration.
But talking high about the prospects of accelerating economic growth comes to a futile end without ensuring quality education throughout the continent, according to Vikas Pota, Global Head of Corporate Affairs, GEMS Education and Chief Executive, Varkey GEMS Foundation.
Putting issues that matter most under the radar
Once again, World Economic Forum will discuss on agendas larger than the continent Africa is now
After successfully hosting the 16th edition of ICASA, Addis Ababa will be hosting the World Economic Forum for Africa from May 9 – 11, 2012. The forum is scheduled to convene on a number of critical issues for Africa with a theme of “Shaping Africa’s Transformation”. Giant issues such as Africa’s innovators, advancing Africa’s trade agenda, fostering political stability, and transforming Africa’s agriculture, and many more are set to be thrashed out by leading economists, business people and policy makers from all over the world.