Tag Archives | WEF
With a focus on encouraging intra-Africa business and the need to fast-track growth and development, […]
The latest edition of KPMG’s Evolving Banking Regulation report looks at the Sub-Saharan African (SSA) […]
How do we incorporate the informal economy into the formal? KPMG’s Global Chairman, John Veihmeyer […]
KPMG Global Chairman joined Head of Oxfam Winnie Byanyima, Vice President of Ghana, Kwesi Amissah-Arthur, […]
By Seyi Bickersteth, Chairman, KPMG Africa and National Senior Partner of the Nigerian Practice The reality […]
Africa’s largest economies produce significantly more energy than other African peers. Also, the oil-producing nations […]
We are one world; we are affected by the wellbeing of our neighbours and our business partners… The stories of human suffering coming out of West Africa are staggering. The human cost of this strange disease, immense. The fall-out of the epidemic is not just health-related. It is also economic.
In 2008, GDP fell more than 1 percent due to declining tourism opportunities and the initial effects of liberalisation, but the economy recovered in 2010-11 after the reforms took hold and tourism increased.
In spite of the high inequalities existing between countries in Africa, inclusive growth was still possible with cooperation and integration of trade, the Chief Economist, African Development Bank, AfDB, Mthuli Ncube, has said. Mr. Ncube, who was speaking during one of the private meetings marking the opening of the 24the World Economic Forum
The unprecedented abundance of investment grade opportunities in Africa, together with maturing investment motives signify great potential for inclusive growth on the continent
As the foremost gathering on the continent, it’s unsurprising that the WEF has the power to draw such luminaries to serve as co-chairs. Let’s take a brief look at each of the above to provide you with a little more background on the individuals who will be chairing the Abuja conference…
The 24th World Economic Forum (WEF) on Africa is to be held in Abuja, Nigeria, on 7 – 9 May 2014. Nigeria, sub-Saharan Africa’s second-largest economy and the continent’s most populous nation, with over 160 million inhabitants, is a fitting host for this year’s conference.
Competitiveness in the context of the global marketplace is an expression of the combined environmental, economic and social qualities of a country for the facilitation of economic development.
Nigeria is set to host the 2014 World Economic Forum (WEF) on Africa in Abuja on 7 – 9 May. This will be the 24th such gathering. Described as the foremost gathering on the continent, this gathering of the World Economic Forum on Africa will bring together regional and global leaders to discuss “innovative structural reforms and investments that can sustain the continent’s growth while creating jobs and prosperity for all its citizens”.
Improved infrastructure is absolutely vital to Africa’s economic and social development. National leaders appear to be aware of this – at the African summit of the World Economic Forum (WEF) held in Cape Town in May 2013, the general sentiment was one of unprecedented collaboration.
During the 23rd World Economic Forum on Africa, held earlier this year, regional and global leaders from business, government and civil society engaged in discussion around unlocking and delivering on Africa’s promise and potential. We believe that the continent will continue to show prominence as a key destination for foreign direct investment (FDI) in coming years, with Yunus Suleman, Chairman of KPMG Africa, reiterating: “Africa will continue to be one of the largest FDI destinations and will retain its position of having at least six of the fastest growing countries in the world!”
One of the key challenges facing the country’s development and progress is corruption. According to the Transparency International 2013 Global Corruption Barometer, Kenya is perceived as the 4th most corrupt nation globally.
In May 2013, South Africa played host to the 23rd World Economic Forum on Africa (WEF Africa). The theme of the conference was “Delivering on Africa’s Promise”. The conference saw key players and investors from all over the world convene to discuss a sustainable path of growth and development for the continent. The summit sought to address three key themes, Accelerating Economic Diversification, Boosting Strategic Infrastructure and Unlocking Africa’s Talent.
Burger King’s debut in the sub-Saharan Africa market is part of the group’s strategy to become the best and most profitable quick-service restaurant business globally, according to Jose Cil, president of Europe, Middle East and Africa for Burger King Worldwide.Mr Cil said in an interview yesterday that the group’s first outlet,
Foreign Direct Investment (FDI) into Africa is on a path of continuous growth according to the Africa Emergence: Rise of the Phoenix report. Growth in the region, to date, has been referred to as only the “tip of the proverbial iceberg”. Our own Yunus Suleman added that the continent has much more to offer, and that Africa is set to hold its title as one of the largest FDI destinations and one of the fastest-growing economies.