dc.description | The 2012 World Economic Forum on Africa was held in Addis Ababa, Ethiopia 9-11 May 2012. This side event which organized by ECA as part of its partnership with the World Economic Forum and the Government of Ethiopia. It builds on the outcome of the Fifth Session of the Joint AUC-ECA Conference of African Ministers of Finance, Planning, and Economic Development held in March 2012 in Addis Ababa under the theme “Unleashing Africa's potential as a pole of global growth”. Africa's growth rate is expected to reach 6% in 2012. Improved macroeconomic and political stability, a growing consumer base, and an ongoing resource expansion drive this growth. Deepening links to fast-growing emerging economies and an increasing appetite for long-term investments in Africa's frontier markets by global and regional champions are fueling renewed optimism about the continent's future. During the 2012 World Economic Forum on Africa, three panelists - Ermyas Amelga, Chairman of Access Capital, Omari Issa, CEO of the Investment Climate Facility for Africa, and James Mwangi, ECO and Managing Director of Equity Bank of Kenya explained that the challenges facing in the African investment. One of the major issues identified was the lack of capable private-sector management. Although there have been some improvements in leadership and management capacity on the continent, there is still a long way to go. Private sector job creation is crucial for economic growth in every country in Africa, but this cannot happen without a conducive environment for growth. Unfortunately, many small and medium enterprises in Africa struggle to access the necessary funding. They often borrow far more than they can afford, leading to debt and financial instability. Despite these challenges, innovation has the potential to drive development and make a positive impact in Africa. | en |
dc.title | Ermyas Amelga, Omari Issa, and James Mwangi Panelist at the 2012 World Economic Forum on Africa | en |
dc.title.alternative | Africa 2050: A Private Sector Perspective | en |
ags.publisherPlace | Addis Ababa | en |
ags.publisherName | UN. ECA | en |
dc.date.accessioned | 2024-06-20T12:54:23Z | |
dc.date.available | 2024-06-20T12:54:23Z | |
dc.date.issued | 2012-05-09 | |
dc.identifier.uri | https://hdl.handle.net/10855.1/4311 | |
uneca.workflow.processed | true | |
uneca.language.supported | en | |
dc.relation.isPartOf | 2012 World Economic Forum on Africa | |
dc.coverage.spatial | AFRICA | |
dc.coverage.spatial | EGYPT | |
dc.coverage.spatial | ETHIOPIA | |
dc.coverage.spatial | RWANDA | |
dc.coverage.spatial | ZAMBIA | |
dc.coverage.spatial | UNITED STATES | |
dc.format.extent | 19:39 | |
dc.format.medium | MP4 | |
dc.language | en_US | |
dc.type | Video | |
dcterms.accessRights | UNECA | |
ags.creatorCorporate | UN. ECA World Economic Forum on Africa (:2012, MAY.9-22: Addis Ababa, Ethiopia) | |
ags.subjectThesaurus | BUSINESS MANAGEMENT | |
ags.subjectThesaurus | MANAGEMENT | |
ags.subjectThesaurus | TECHNOLOGICAL INNOVATIONS | |
ags.subjectThesaurus | DEVELOPMENT | |
ags.subjectThesaurus | INVESTMENTS | |
ags.subjectThesaurus | EMPLOYMENT CREATION | |
ags.subjectClassification | 05.00.00 INDUSTRIAL SECTOR | |
ags.subjectClassification | 12.01.00 EMPLOYMENT PROMOTION AND PLANNING | |
ags.descriptionNotes | Conference | |
ags.rights.TermsOfUse | Public | |
ags.availabilityLocation | ECA-HQ | |
ags.creatorConferenceCategory | Other Conferences | |