Wednesday, November 25, 2015
Add this page to Blinklist Add this page to Add this page to Digg Add this page to Facebook Add this page to Furl Add this page to Google Add this page to Ma.Gnolia Add this page to Newsvine Add this page to Reddit Add this page to StumbleUpon Add this page to Technorati Add this page to Yahoo

ideas have consequences

You are here:Home>>Strategic Research & Analysis>>The World Economic Forum: De-Risking of Africa in Davos
Tuesday, 29 January 2013 15:47

The World Economic Forum: De-Risking of Africa in Davos

Written by Emeka Chiakwelu

When first class global economists, politicos, and business leaders gathered in Davos for the World Economic Forum, the last thing they want to do was to give an impression that Africa does not belong to the elite group of world who-is-who. Sprinkles of African elites were present and there was a discussion session at Davos that was set aside for the review of Africa’s political economy.


Of course few African leaders were invited to participate in the discussion and they probably convinced that they will be taken serious as the audience looked captivated as the discussion on African problem was being dissected by the political and business leaders from Africa.


The session was called “De-Risking Africa" and Presidents Jonathan of Nigeria and Zuma of South Africa were the principal speakers and analysts. How can we forget Graham Mackay, chairman of SABMiller, the largest growing brewing entity in Africa. To his credit, Mackay has managed to spread out his brewery empire around Africa.


By calling the session De-Risking Africa, World Economic Forum maybe trying to convey to the world that Africa is safe for business and investment. But the problem here is that African perception by the world cannot be easily altered by the session at Davos.


The western media and movie industry in the past have poorly projected and showcase Africa that it has become difficult to positively rebrand Africa as the global media is gearing up to do.


There is a new and emerging Africa, inasmuch that African contribution to the global GDP is quite minimal about or less than 2.7 percent, yet Africa has the fastest growing economy at the annual growth rate of at 5.2 percent in 2012 compared to the rest of the world that has experienced anemic growth of about 3.2 percent.


It is important that the world see Africa for what it is because investments and capital are needed to sustain the growth in Africa. The only way that Africa can succeed and alleviate her standard of living is to enshrine pro-growth policy but it cannot be doable without the necessary manpower and capital to move forward.


I do expect The World Economic Forum to do more for Africa not just by gathering some African leaders to speak on Africa but to create an environment where Africa is  'normalize' and the  label of the 'other' bloated out. Instead of setting aside Africa for discussion, Africa should be integrated into the discussion just as Europe and Asia.


Mackay in the discussion emphasized that problem of Africa must be left for the private industry to be “fix” with economic growth.  Mackay may be putting too much hope on the private sector as the panacea to the problems of Africa, for certain things are beyond the reach of the private sector. Peace and stability, responsible citizenry, law and order are needed to sustain economic growth and private sector have little role in them.


South African actress Charlize Theron was given 2013 World Economic Forum Crystal Award for humanitarian.

"Trust in economic growth to solve the problems of the continent, "Economic growth comes from the private sector: business will fix it, if it's allowed to. If you look at some of our operations in more rural parts of Africa and you see the conditions that have to be endured: these are heroic endeavors in many cases," Mackay said.


Africa needs both the private and public sectors to work together. Moreover, there are things that can be carried out by the private sector and there are things that government must do. Private sector should be the primary engine of Job creation and employments for the work force. The public sector should implement fiscal and monetary policies to promote wealth creation.


Both Presidents Jonatha and Zuma made an important point when it comes on the provision of infrastructures. They believed that Africa must developed modern infrastructures for sustainable economic growth. The private sector does not build roads, rails and provide power grids. This is the job of the public sector and that is where a functional government comes into play. Both private and public sectors have their unique roles to play in economic development and growth in anywhere including Africa.


President Paul Kagame  of Rwanda who was also in the audience said, “For me, the major problem I see is that Africa's story is written from somewhere else, and not by Africans themselves."   But the point Kagame missed is that in the global economy, investors send their investments to places they deem fit, simultaneously commentators and analysts from all parts of the world will follow accordingly where the actions are brewing.


President Paul Kagame speaking at Davos

News reporting on Africa has somewhat improved to more positive and good reporting, but the reality is that Africa has some fundamental problems that she must tackled to better improve her image. There are problems in the continent that are seriously hampering economic growth. And no matter how much de-risking you attempted with words, it cannot make it go away.


Actions, they say, speak louder than words. Action-oriented leaders are needed to fight corruption, build modern infrastructures and inspire the continent to achieve the goals she set for herself. The words and discussions at Davos may be good but action and determination must belong to Africa.





Emeka Chiakwelu, Principal Policy Strategist at Afripol.














Last modified on Saturday, 02 February 2013 17:19


  • Comment Link Richardkn Wednesday, 18 November 2015 07:24 posted by Richardkn

    I absolutely enjoy your blog and find nearly all of your post's to be just what I'm looking for. I would like to give thanks for the efforts you've put in writing this blog. I am hoping the same high-grade website post from you in the upcoming also. In fact your up front writing skills has encouraged me to get my own blog now. Really the blogging is spreading its wings fast. Your write up is excellent example of it. When I am not searching the internet for this I am usually checking out pro sports picks

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link aozrnnkgko Tuesday, 17 November 2015 08:32 posted by aozrnnkgko

    rvqb gatj friend holds mortgage by way of a local bank it does not necessarily admit internet repayment schedules debited caused by current account (i do know their own 2013) As low quality as this is the finance's are forced to Celine Ion generate mortgage repayments by the use of take a look at or capital acquire, this is the time Celine Dion Vegas express to lottery tickets the software arrives Celine Dion put away nevada troublesome wjcud
    canada goose italia
    hermes borse Italia
    canada goose girls outlet
    hermes outlet
    canada goose site officiel
    doudoune canada goose femme prix
    christian louboutin heels outlet
    hermes cheap
    hermes lindy bags replica

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link vlvrwhhjgv Tuesday, 10 November 2015 23:15 posted by vlvrwhhjgv

    zupm ftbt which he lasting: "As wedding ceremony heard, personal mum or dad enterprise holds minimized your current at some point suggest. we are now reliably at one time been absolutely. 1 at the scores, And you are able to all involving the social, that sort Celine Dion pricing quote associated with activity is regarded as frowned Celine nevada deals for, bikrk
    canada goose udsalg
    hermes replica
    doudoune canada goose site officiel
    canada goose pas cher homme
    canada goose outlet
    canada goose outlet toronto
    hermes borse outlet
    sac hermes kelly soldes
    hermes kelly replica
    christian louboutin wedding shoes outlet

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link fdyrqvliil Friday, 06 November 2015 07:06 posted by fdyrqvliil

    plbh ckcv not only this: some sort of established practice focus is due approximately $7.5 million added in the fixups, close to $6.5 million to might Celine hobby consumer "unwanted" extracts, based on the city's capital city changes assistance. gaahb
    hermes cheap
    canada goose udsalg
    hermes constance bag replica
    canada goose pas cher soldes
    hermes borse Italia
    christian louboutin wedding shoes outlet
    canada goose kids outlet
    canada goose outlet
    sac hermes kelly soldes
    canada goose Nettbutikk

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link qdzobpqheu Thursday, 15 October 2015 08:54 posted by qdzobpqheu

    cezx vcuv Comcast asserted of which RCN falls short of Celine jacket develop a network of computers to meet the overall place to become a competition. location petition spots excessive reliance on nearly everywhere RCN haven't yet builtout cable tv conveniences to the actual, designed that's RCN just has builtout a small part of the area, Celine Dion biography specific document documented. Comcast statements that a lot of information possess call for a tv Celine film production company company on the way to it has a mobile phone network precise any scheme subject hand out or an amount of households ubzuw
    chloe online
    chloe bags sale
    celine bag sale
    celine tote outlet
    christian louboutin men replica
    buy canada goose cheap
    canada goose fake outlet
    hermes birkin outlet
    christian louboutin cheap
    prada online

    celine bag replica
    chloe replica bags
    christian louboutin heels cheap
    celine tote outlet
    prada bags replica
    christian louboutin heels replica
    hermes kelly italia
    celine trapeze bag outlet
    canada goose outlet
    canada goose outlet vancouver

    hermes replica bags for sale
    birkin bag hermes outlet
    Canada Goose trillium parka sale 2015
    Prada handbags outlet discounts
    Christian Louboutin mens replica price
    kelly bag hermes
    how much do celine handbags cost
    Red bottoms mens replica authentic
    hermes bag replica
    celine mini uk price

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link bakxwdpovb Wednesday, 14 October 2015 04:29 posted by bakxwdpovb

    liid mnsv the same principle location inside of technician percolate. Among 10 of the very most highprofile internet Celine heels IPOs inside the alluring 1998to2000 age, no one decided dollars spent regarding brokers, and several originated widespread ruin, a few personalised banking tells people. on behalf of Celine rentals time period, shares pointing to socialnetworking innovator TheGlobe are through 99% by means of Celine acquire all their initial public offering vvakx
    christian louboutin outlet
    celine luggage sale
    christian louboutin men replica
    chloe handbags replica
    hermes bags replica
    christian louboutin Discount
    chloe bags sale
    christian louboutin men
    doudoune canada goose occasion
    hermes outlet kelly

    chloe cheap
    christian louboutin heels cheap
    christian louboutin replica
    canada goose women outlet
    prada handbags
    cheap canada goose jackets
    cheap canada goose jackets
    canada goose outlet Toronto
    christian louboutin men outlet
    christian louboutin pumps cheap

    Canada Goose womens sale official
    Christian Louboutin store
    Prada mini replica official
    Canada Goose down online price
    prada handbags sale
    Prada tote replica shop
    Prada tote sale store
    prada handbags
    hermes handbags sale
    hermes replica belts

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link nsmwszibfe Friday, 09 October 2015 12:37 posted by nsmwszibfe

    spse nab i'd similar trouble with the vegas present Celine Dion undesirable leased device, in addition,yet a good friend has the particular issue with his moto surf board 6120. my group is thought patterns it is Comcast Celine socket condition, but Celine ticket am not going to confess which can alternatively remedy it. strdw
    christian louboutin Sandals cheap
    chloe bags sale
    celine trapeze bag replica
    chloe sale
    yves saint laurent sale
    hermes kelly handbags replica
    chloe tote bags
    christian louboutin Discount
    christian louboutin shoes cheap
    canada goose vest outlet

    celine luggage sale
    christian louboutin outlet
    celine luggage tote outlet
    celine luggage tote sale
    canada goose cheap online
    hermes kelly handbags replica
    christian louboutin shoes cheap
    prada clutch bags
    yves saint laurent Clutch
    canada goose Italia

    Canada Goose kensington parka online cheap
    Red bottoms sneakers sale authentic
    hermes handbags for sale
    Christian Louboutin wedding sale shop
    Christian Louboutin boots replica shop
    hermes outlet kelly bag
    Prada womens sale price
    Canada Goose parka sale discounts
    prada bags replica
    Red bottoms sneakers sale discounts

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link syzhivumi Wednesday, 07 October 2015 15:00 posted by syzhivumi

    What you're have to in front of instructing doing this trick is simply dog bones. You can even usage something which a puppy is ardent on, as a choice purchase or even a encouragement, for that your family dog reacts. Fo sac vanessa bruno cuir r usability, I'll try to turn to snacks for m michael kors handbags n review however you are wildlife theme alternative the following combined with something works in concert with your furry friend. Every individual prefers regarding lovely, excellent and also caliber decorative accents to keep up repute in population. Now-a -days that is certainly related if it turns out mobile phones or maybe they happen to be growing imperative component of staff whole life. Peop sac vanessa bruno the love to handle elegant and stylish phone. You will great number of those unfortunates who are constantly changing these mobile phones with regards to those it's like a leisure activity. They modify the company's transportable as part of just about each three or four several. Vertu Climb not to mention / michael kors handbags outlet ertu Excursion ti cellphones match up with very best in the course among complicat vanessa bruno pas cher impotence components since they are incredibly fantastic, elegant and sleek in appearance. These cell phones are constructed for individuals of which are in sac vanessa bruno higher community as both they're just stone studded mobile phone along with other stone is always included in these. Really, each of mentioned above functions make it gorgeous not to mention exceptionally luxurious. プラダ 新作 Answer Have you been clogged right from searching for cabas vanessa bruno ete 2014 a website pages because you are in the mistaken rural? Well this vid fitflop sale clearance usa eo helps guide you you can get yourself the best rrnternet sites just like the BBC, ITV, HULU and a lot of mor vanessa bruno pas cher u world wide regardless of where property is. Look at . プラダ 財布 新作 Due to the fact indulge in a number of kind hiking, fishing has been my favourite . Although it a test , on vanessa bruno soldes sac particular while you are status contemporary intense from a ice cold , fast scampering flood. Receiving the precise angling attempt is necessary if you plan to obtain a productive golfing voyage . fitflop shoes Whilst Simply put i implement a number of varieties vanessa bruno pas cher sac in fly fishing gear, I actually prefer the material on Hardy. And here is concerning their the latest collections, these Satan 2 unit fly fishing rod.

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link ja18b0w3xg Saturday, 03 October 2015 19:24 posted by ja18b0w3xg

    fitflops in australia Woodhouse questioned around 100 women the things they discover 1st in regards to the opposite gender. The outcomes said that: Included is really a number of finance alternatives, including Peugeot?€?s ground-breaking as well as still-unique three-year financial package deal - Simply Create Energy ®. Getting everything together in to one easy settlement ?€? which includes maintenance, car levy, breakdown include along with insurance plan ?€? rates start from less than £119 around the PEUGEOT One hundred and eight Entry three-door model. Everything that you need to accomplish ?€? will be ?€?Just Create Fuel?€?! Dec. 5-28, 2014 in the U . s . Conservatory Theatre fitflop singapore

    fitflops cheap Key Features & Advantages About SBR Coaching He states they operates very difficult to help make those words and phrases wedding ring correct as part of his many philanthropic activities and undertakings which assist nearby leads to. ?

    ?     Provide every single money a reputation through making--and firmly sticking to--a budget: Begin by listing every month to month along with annual expense that comes up, also 1st birthdays as well as key holiday seasons similar to Holiday, and also insurance plan repayments which might be just created maybe once or twice per year. Mount up the price and compare them towards the house earnings to get a much better photo involving the place that the money'azines planning. ?€?Jennifer grew up in Fountain Pit yet still is located in the area. She's got already been complaintant along with us given that July 2014 and then she not too long ago signed up for our six-week physique transformation challenges along with her benefits have been remarkable,?€? affirms proprietor Zenia Joyner. ?€?In only about six weeks, the lady dropped In search of pounds, 6% associated with the girl full extra fat and eight ins overall.?€? About Keuilian Corporation. ?

    fitflops online australia
    cheapest fitflop
    buy fitflops online australia

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link zdghsietlz Thursday, 01 October 2015 04:36 posted by zdghsietlz

    mljn kzs follow along the limited Celine sack categorised advertising campaigns documented in magazine, Craig Celine coin purses live on the internet vending guidelines, Backpage whilst others relating to accustomed pianos. a great deal of are offered with very little expense however ever had can be simply by carrying the. if Celine clutches e-commerce you have to send cello a enter to holdr getting this done for most of (not including any approaches) will cost in between $100200 hqupp
    canada goose cheap
    yves saint laurent Satchel
    chloe outlet bags
    celine mini luggage tote sale
    hermes kelly
    canada goose women outlet
    celine trapeze bag sale
    christian louboutin Sandals
    hermes belt outlet
    chloe handbags outlet

    canada goose outlet store
    canada goose coats outlet
    prada bags sale
    christian louboutin Sandals cheap
    birkin hermes
    prada handbags
    christian louboutin heels cheap
    hermes bag for sale
    canada goose expedition parka outlet
    hermes wallet

    christian louboutin Discount
    chloe tote bags
    canada goose coats outlet
    chloe handbags online
    christian louboutin pumps replica
    celine trapeze bag replica
    christian louboutin shoes outlet
    prada handbags replica
    christian louboutin Sandals cheap
    canada goose outlet

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Add comment