Saturday, December 10, 2016
Add this page to Blinklist Add this page to Del.icoi.us 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.

 

WEF

 

 

Emeka Chiakwelu, Principal Policy Strategist at Afripol.

 

 

 

 

 

 

 

 

 

 

 

 

 

Last modified on Saturday, 02 February 2013 17:19

53 comments

  • Comment Link CoppiogyHok Friday, 09 December 2016 21:49 posted by CoppiogyHok

    Og ikke minst kan det vre meget lrerikt, noe spillet Tallus naturligvis er et godt eksempel pa Men kan man lre noe av a spille nettspill sammen med andre.
    casino pa oslobaden http://feodality.xyz Vi forutsetter at casinoet har deg frem til ett eller beste og sikre online casino tilbud om gratis spill og best casino pa nett i odds og poker Ettersom bingo har. http://feodality.xyz Vegas Casino Online ble lansert i 1999, dette er internet casino eies og drives av Main Street Vegas Group Online casino spill er levert av RTG og kasinoet er. Online casino er helt avhengig av a ha et solid antall lojale spillere En av virkemidlene de benytter seg av for. http://feodality.xyz casino pa oslobaden casino pa oslobaden
    http://feodality.xyz casino pa oslobaden Aksjer Arctic justerer lakseaksje Anbefaler kjop Stocklinkno Aksjer Jekker opp lakseaksje Meglerhusene til Nordea og Danske Bank anbefaler kjop. http://feodality.xyz casino pa oslobaden Dette bor du pacific poker forhold og kaldere vr Siste wiper spill gratis bakelagt 15,5 kilometer ti timer fikk gratis psp spill gsa noen som hedder. http://feodality.xyz http://feodality.xyz New446x6 8x8 9x9 12x12 16x16 Easy Normal Hard Hints Sound Popup Editor Solve More Games3ear.
    http://feodality.xyz http://feodality.xyz Betway sitt pokerrom er ogsa ett av de bedre Her har du muligheter innen bade cashgames og turneringsspill De har ogsa en av de storste velkomstbonusene. http://feodality.xyz Kanskje kan du fa et skattefritt stipend eller penger fra et legat? Japanske spill gratis Den tilbyr et bredt utvalg av spill mer originale enn andre, Mahjong-mahjong-3d Mahjong Mahjong 3D Japan-fashion-dress-sett-med-. casino pa oslobaden casino pa oslobaden http://feodality.xyz
    casino pa oslobaden http://feodality.xyz Online Casino hos bet365 Det finnes er kjempeutvalg av spill, inkludert Slots, Video Poker, Progressive Jackpotter og Live Casino Spill Roulette, Blackjack og. casino pa oslobaden casino pa oslobaden Ved EUcasino er det mange VIP salongs fordeler for enhver Velkommen, og hygg deg hos EUCasino GRATIS penger for testing av nye spill. http://feodality.xyz http://feodality.xyz TV-guiden er levert av TimeForTV TV-guide NRK1 De gales hus 00:45: De gales hus 02:25: Mr Selfridge 03:10: Mr Selfridge 03:55: Venskap i dyreverda.
    casino pa oslobaden http://feodality.xyz Her finner du de beste poker bonusene Ved a benytte vare bonuskoder, far man opp til 7000kr ekstra i poker bonus. casino pa oslobaden Har problemene pavirker nesten alle av oss pa enkelte punkt i vare liv, og de kan egenskap det var spesielt populrt pa 80-tallet, og kommer tilbake igjen na. Hvordan legger jeg til et spill til mine spill siden? casino pa oslobaden http://feodality.xyz casino pa oslobaden
    casino pa oslobaden http://feodality.xyz Texas holdem em i Polen Startet av Kontao 1687 Views Bare et lite tips Like 0 Re: Texas holdem em i Polen Spillt cash pa casino 3. casino pa oslobaden casino pa oslobaden Bornetoj Hushed violet 1101240511402 Markedspris: NOK 39900 NOK 31800 I drommehaven, Billed Bingo In The Night Garden 85500 Markedspris:. http://feodality.xyz http://feodality.xyz Bring er Posten Norges nye selskap som tilbyr varer og tjenester i det nordiske Post og Paypal PayPal er en trygg og enkel metode for a betale og fa betalt pa Internett telefon epost navn Flash CS3 Laoss overraskedegmed engodpris.
    http://feodality.xyz casino pa oslobaden Her er tabellen over de beste casino bonuser pa norske nettcasinoer Vi har forhandlet frem avtaler med de storste casinoene slik at du far de beste casino. casino pa oslobaden I gar ble det en fridag pa meg, jeg ble helt gal av det darlige nettet og orket rett og slett ikke a miste solstralene ved a sitte inne og prove gjentatte ganger Men i. Sa smalt det Forste bombe attentat mot muslimer pa norsk jord Treneren avviser norske antydninger om grisespill Aftenposten mobil: Anette Mellbye. casino pa oslobaden casino pa oslobaden casino pa oslobaden
    casino pa oslobaden http://feodality.xyz Allslots Application This application directs you to the Allslots games lounge where you can enjoy a luxurious place to play Just follow the instructions and. casino pa oslobaden casino pa oslobaden Moro og trygge steder for barn a spille spill Hvis barnet ditt ikke kan fa nok av a spille spill, vil du trenger for a lage en liste over morsomme og trygge steder at. http://feodality.xyz http://feodality.xyz Jeg kjopte shampo og balsam pa apoteket, og haret er seriost helt silkemykt Kjopte et fresht pikinikpledd pa Nille her om dagen, virkelig valuta for pengene.
    casino pa oslobaden casino pa oslobaden Ga til sidens hovedinnhold Moss Avis Meny Sondag15 Nyheter Debatt TV Kjop billett Mye penger i god valuta. http://feodality.xyz Her vil det komme flere og flere sider som tilbyr Free Spins Heldigvis har vi allerede fatt inn to knallgode tilbud som vi haper dere liker Klikk pa lenkene under. Casino bonus uten innskudd forteller deg alt du trenger a vite om nettcasinoer Du kan fa bonuser uten a matte gjore innskudd pa en rekke nettsider Les mer. http://feodality.xyz casino pa oslobaden http://feodality.xyz
    http://feodality.xyz http://feodality.xyz Det krever etter min erfaring stor personlig utvikling og evne til selv-refleksjon a greie se nar du IKKE bor spille poker 2 Mange spillere har. http://feodality.xyz http://feodality.xyz Gratis penger casino Norgesautomaten Rulett Blackjack Casino portal Casino tips Beste casino bonus Online casino Norge Norske lodd Guts Guts casino. http://feodality.xyz casino pa oslobaden Velkomstpakken Spilleautomatercom har er meget bra, og det er bade freespins og 100% opptil 1000NOK +rapelodd helt gratis.
    http://feodality.xyz http://feodality.xyz Da er det atter kamp og i det vi runder dusinet spilte kamper far vi de enkle tronderne pa besok Enkel bor kampen ogsa bli Et sultent Valerengalag far servert. http://feodality.xyz Auditorium Tel-Aviv, og pa det internasjonale konferansesenteret i Haifa De spilte i Israel sist id den Ra'anana symfonisk orkester Les mer. Nord-Kypros Reise og Turisme , Nord-Kypros , hotellbestilling pa nett , Kyrenia luksus- og okonomihoteller Hotell Tallinnno - Overtell i Tallinn. casino pa oslobaden casino pa oslobaden casino pa oslobaden
    casino pa oslobaden http://feodality.xyz ComeOn gratis mobil innsats ComeOn bonuskode Folkeautomaten bonuskode Casino Euro bonuskode Whitebet Kampanjekode Redbet Kampanjekode. http://feodality.xyz casino pa oslobaden Bingosiden er rangert somrge 'Bingo pa Mamma Mia bingo Mammamia Bingo bingosidencom Spill bingo gratis bingosidencom Norsk bingo. casino pa oslobaden http://feodality.xyz Iron Man 3 Marvel casino slots - OilskinCom Brianborupdk Santa Fe Film Critics Circle Awards, January 9, 2000, Best Animated Film, Won Iron Man 3 Movie.
    casino pa oslobaden http://feodality.xyz Kjop Retrospill og Konsoller trygt fra Norge Vi har stort utvalg av Nintendo NES 8bit, Super Nintendo, Nintendo 64, Sega og mye mere Alt er renset, testet og. casino pa oslobaden Pengespill pa nett er svrt populrt i Norge, flere titalls tusen nordmenn spiller hver eneste kveld om penger pa nett, enten det er poker, bingo, rulett, keno. Espero que el club les vete el acceso Vis oversettelse Oversatt fra trinidad sousa retweetet Casino Gran Madrid CasinoGraMadrid timer siden. http://feodality.xyz http://feodality.xyz casino pa oslobaden

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link cialis usa overnight Monday, 05 December 2016 20:48 posted by cialis usa overnight

    5r3q74pO6QPN, http://cialisovernight.review/#cialis_and_arrhythmias , cheap cialis professional LMKm463I5nl

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link cialis professional overnight ems Monday, 05 December 2016 19:30 posted by cialis professional overnight ems

    5r3q74pO6QPN, http://cialisovernight.review/#tadalafil.bill.me.later - viagra levitra cialis comparison LMKm463I5nl

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link cialis next day delivery Monday, 05 December 2016 19:16 posted by cialis next day delivery

    5r3q74pO6QPN, http://cialisovernight.review/#is.generic.cialis.as.good.as.cialis , cialis levitra LMKm463I5nl

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link buy cialis fedex overnight Monday, 05 December 2016 19:12 posted by buy cialis fedex overnight

    5r3q74pO6QPN, http://cialisovernight.review/#generic-cialis-best-price , can you buy cialis safely online LMKm463I5nl

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link ArdissOa Saturday, 03 December 2016 17:49 posted by ArdissOa

    Посмотрите на досуге дома каркасные возможно вы захотите себе его купить, я вот после этого сайта в серьез задумался о своем доме..
    http://ardiss.ru/assets/images/banners/Banner_live_circle_years_184.jpg
    А также: быстровозводимые дома в краснодаре цена, быстровозводимые дома в краснодаре под ключ, клееный брус своими руками.
    А вот что я еще на этом сайте надыбыл Как выбрать напольное покрытие для кухни?, интересно будет для тех кто увлекается строительством.
    Пискав немного в интернете, сразу обнаружил интересное - Возведение стен из кирпича, дерева

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link Curtissn Friday, 02 December 2016 14:21 posted by Curtissn

    bzsyczn

    http://www.responsabilidadmedica.es/
    http://www.sofasbaratosweb.es/
    http://www.casafuentesdeinvierno.es/
    http://www.extretechfestival.es/
    http://www.pharmaceutical-care.es/

    viagra precio
    kamagra gel
    kamagra opiniones
    levitra sin receta
    viagra o levitra

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link RichardFams Thursday, 01 December 2016 17:27 posted by RichardFams

    gqlngiq

    http://www.trentsetter.ch/
    http://www.radpop.co.uk/
    http://www.frusam.se/
    http://www.lesboseks.be/
    http://www.mariesoie.be/

    canada goose jakke
    peuterey jacka
    canada goose belgique
    canada goose jacke
    barbour milano

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link EugeneLomi Thursday, 01 December 2016 13:00 posted by EugeneLomi

    dtyicnn

    http://www.chris-musikbox.de/385-nike-air-max-90-damen-weiss-rosa.php
    http://www.fairmate.it/891-new-balance-574-bambino-29.aspx
    http://www.giochidipolizia.it/stan-smith-adidas-alte-738.html
    http://www.trioboomerang.nl/nike-huarache-dames-bordeaux-413.htm
    http://www.info-metall.it/013-adidas-2016-sneakers.php

    Nike Cortez Celeste
    Adidas Yeezy
    Adidas Stan Smith Argento E Oro
    Adidas Superstar Suede Noir Femme
    Adidas Jeremy Scott Online Shop

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link tamarayc69 Saturday, 12 November 2016 20:49 posted by tamarayc69

    Pornographic blog pictures from internet
    http://selfshotamateur.adultnet.in/?joslyn
    erotic reviews korean erotic classic erotic classic erotic art erotic video games

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Start
Prev
1

Add comment