14 March 2019. Casablanca Morocco. 6th edition of the International Africa Development Forum under the theme « When East meets West », organized by the Attijariwafa bank group and under the impetus of its reference shareholder, the Pan-African Private Investment Fund Al Mada, was opened today
Launched in 2010, and taking place annually since 2015, the Africa Development Forum has established itself as the reference platform for dialogue, investment promotion and intra-African trade. From one edition to the next, the Forum has provided many opportunities for exchanges and investments between economic operators on the continent and its partners. Since its creation, the Forum has brought together more than 7,500 operators from 36 countries and generated more than 17,000 business meetings. This edition is also marked by the presence of many ministers from several countries of the Continent.
« While the global economy experienced a period of expansion in 2018, the world seems to have once again entered a period of slowdown and increasing uncertainty. Indeed, the escalation of trade tensions, the questions surrounding growth in Asia and Brexit, seem to be at the origin of international institutions’ downward revisions of the rates of economic growth and global trade. This has been accompanied by high volatility in oil and commodity prices since August 2018, driven in particular by geopolitical tensions, as well as by tighter financial conditions in emerging countries. This combination of opportunities and threats facing our continent underscores more than ever the need for structural reforms and enhanced economic integration in order to further unleash the energies that create wealth and value ». M. Mohamed El Kettani, Chairman and Chief Executive Officer of the Attijariwafa bank group
The Africa Development Club, which constitutes an extension of the Forum, also provides its services to its 3,000 members all year long. Such services include business meetings, sectoral missions, networking platforms and access to information in all the countries where Attijariwafa bank is established and beyond.
- discussion on concrete issues involving high level experts,
- business meetings connecting African companies
- Investment Marketplace
The « Investment Marketplace » featured Sierra Leone as a guest of honor, and 7 other African countries : Cameroon, Côte d’Ivoire, Egypt, Ethiopia, Kenya, Mali and Rwanda presented their national development plans as well as investment opportunities in key high growth sectors in order to achieve their development goals. More than 4,000 B to B meetings have been scheduled confirming the interest of operators in this event.
Distinguished economic experts and political leaders examined the rationale behind intra-regional integration in terms of value creation and opportunities through plenaries, panels and awards :
- Plenary 1 : « Accelerate economic regional integration »
- Plenary 2 : « The positive impact, guarantor of solidarity and responsible growth »
- Panel 1 : « Stand up for African Women Entrepreneurs », addressed the challenges faced by African women entrepreneurs in order to federate everyone’s energy and support women’s entrepreneurship. « Stand up for African Women Entrepreneurs » is supporting African women’s commitment and their determination to actively contribute to the development of the African continent.
- Panel 2 : « Digital, a lever of growth in Africa : contribution of young African start-ups ».
- Award 1 : « South-South Cooperation Awards Ceremony » companies committed to development of Intra-African trade and investments
- Award 2 : « Young Entrepreneur Awards Ceremony » young entrepreneurs and project leaders at the African level.
33 artists featured young emerging talent from the Continent and the diaspora, as well as well-established artists. In partnership with the Arkane Association, « Travel Weast » offers a number of perspectives on themes such as the strong commitment of women, environmental issues and access to energy, immigration and globalization.
Source: PAEPARD FEED