The economic capital of Côte d’Ivoire is hosting the fourth consecutive edition of the Africa CEO Forum, with a focus on accelerating the emergence of the next generation of African leaders. Against the backdrop of African economies grappling with a lack of funding, this private sector event aims to facilitate discussions and find solutions to address the challenges.
The forum, which commenced on Monday, brings together over 70 countries and attracts the participation of 2,000 individuals. Panels, B2B meetings, and discussions center around the crucial role of the private sector in driving economic growth and job creation across the continent.
During the event, the Ivorian Prime Minister emphasized the importance of the state’s role and the need for bold solutions. He called for a reevaluation of established economic models and advocated for proactive and strategic states that can provide a vision, ensure efficient public services, enhance competitiveness, and regulate economies where the private sector serves as the backbone.
Various sectors, including agriculture and logistics, were represented in the discussions on the future of African countries. The Agriculture Minister highlighted the need for increased investment in agricultural production, stressing that states should integrate all levels of the value chain to ensure food security for Africa and beyond, particularly in the face of crises such as the COVID-19 pandemic and the war in Ukraine.
Recognizing the private sector as a crucial driver of employment, company directors attending the forum welcomed the opportunity to engage with high-level operators and stakeholders. They expressed support for the vision presented by the Ivorian authorities and emphasized the collective responsibility of all individuals and organizations in driving Africa’s development.
On the first day of the forum, Côte d’Ivoire signed three draft treaties worth $450 million, aiming to stimulate long-term economic growth through accelerated industrial transformation.
The Africa CEO Forum provides a platform for global decision-makers, heads of governments, and business leaders to convene in Abidjan, Côte d’Ivoire, and exchange views on the pivotal role of the private sector in driving the continent’s development. Over the course of two days, attendees will have the opportunity to shape the agenda and contribute to the advancement of Africa’s economic landscape.
