Business News of Saturday, 23 June 2018
Source: citibusinessnews.com
2018-06-23
Ellen Johnson Sirleaf is the Former President of Liberia
Former Liberian President, Ellen Johnson Sirleaf is to chair a new panel to drive the transformation of Africa’s economies.
The African Transformation Leadership Panel will focus particularly on opportunities for women and young people in its efforts to reform Africa’s economies.
The announcement came at the African Transformation Forum.
Commenting on the new role, H.E. Ellen Johnson Sirleaf said, “We need leadership that promotes growth for the many not the few. As this continent’s first female President and the former leader of a very young population, I am passionate about getting our economies firing for everybody. We must learn from and with each other to develop a shared vision. That’s what this panel is all about – it’s very exciting.”
A member of the Board and also with the African Center for Economic Transformation, Dr. K.Y. Amoako also commented on the need to find the connection between the opportunities presented by both economic and social factors.
“Our biggest economic opportunities are social ones too. By 2035, 450 million Africans will have joined the working age population, more than the rest of the world combined in that time. Our economies will leap forward if we create jobs these young people know how to do. Achieving this will require leaders committed to sustained investment and intelligent policymaking. That work starts now,” he said.
The African Transformation Forum (ATF), brought together many of the continent’s leading thinkers gathered to discuss the policies and partnerships needed to drive sustainable growth and regional integration.
Key attendees included Africa’s richest person and owner of the Dangote Group Aliko Dangote, Rwandan President Paul Kagame, Ghanaian President Nana Akufo-Addo, Côte d’Ivoire Vice President Daniel Kablan Duncan and Executive Secretary of the UN Economic Commission for Africa Dr. Vera Songwe.
Heads of state, senior government officials and business leaders were among approximately 300 delegates from the public and private sector at the ATF.
Discussions focused on themes including improving regional integration, energy efficiency and technological innovation, and tackling youth unemployment and gender inequality.
The inaugural Forum in 2016 saw President Kagame co-launch the Pan-African Coalition for Transformation (PACT), a new platform for regional collaboration and sharing knowledge on economic policy. PACT has delivered seminal research and convened policy debates focused on how Africa’s farms can power its future and industry can collaborate with government in increasing manufacturing.
Mastercard Foundation CEO Reeta Roy delivered the inaugural African Transformation Lecture.