28th WEF on Africa to be held in Cape Town The shaping of inclusive growth and ...

28th WEF on Africa to be held in Cape Town

The shaping of inclusive growth and shared futures in the Fourth Industrial Revolution is set to take centre stage when the 28th World Economic Forum on Africa takes place in Cape

Town next month.

In a media advisory, the WEF said the forum would take place from 4 to 6 September.

"The meeting will be the first that the World Economic Forum has held in sub-Saharan Africa since 2017, when leaders from government, business and civil society from around the world gathered in Durban, South Africa," said the WEF.

This year's meeting falls in a year when 20 elections will take place across the region, and nearly 100 days since South African President

Cyril Ramaphosa took office.

Data from the World Bank indicates that, while progress has been made politically in sub-Saharan Africa, economic growth is also expected to accelerate modestly in 2019 from 3.1% in 2018 to an average of 3.6% in 2019, according to the World Bank.

Against this backdrop, the World Economic Forum on Africa will address a number of key issues facing the region's inclusive development. These include:

The Co-Chairs of the meeting are:

"Africa's successful development depends on building the right conditions for its new generation of entrepreneurs, innovators and leaders.

"This means smart, agile institutions; an enabling environment for innovation that includes access to skills and capital; and a determined approach by policy-makers to level the playing field and implement policies that prioritize sustainable, inclusive growth over short-term imperatives," said Elsie Kanza, Head of the Regional Agenda, Africa, and Member of the Executive Committee at the World Economic Forum. - SAnews.gov.za


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