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in Vaultz Business

Ghana Becomes The Host Nation For The Year’s Africa Prosperity Dialogues

Maynard Championby Maynard Champion
January 6, 2023
Reading Time: 3 mins read
Ghana Becomes The Host Nation For The Year’s Africa Prosperity Dialogues

His Excellency Nana Addo Dankwa Akufo-Addo (on the left) and His Excellency Wamkele Mene (on the right)

With the help and approval of the President of the Republic of Ghana, His Excellency Nana Addo Dankwa Akufo-Addo, and His Excellency Wamkele Mene, secretary general of the African Continental Free Trade Area (AfCFTA) Secretariat, the maiden edition of the Africa Prosperity Dialogues series is set to take place in Ghana.

The event which has been arranged to take place from Thursday 26 to Saturday 28 January 2023 in Ghana, host nation of the AfCFTA Secretariat will be held in the Idyllic Safari Valley Resort in Aburi on the mountainous Akuapem Ridge..

The dialogue series under the Africa Prosperity Network (APN) is expected to bring Africa’s political and business leaders together in conference with other thought leaders on Africa.

Not only will the leaders brainstorm on the all-important single-market project for the continent, but the dialogues will also create an annual platform for the continent’s leaders to spearhead collaborative implementation of the all-important African Continental Free Trade Agreement.

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The launch of the Africa Prosperity Dialogues is in recognition of how, for the trade agreement to work, there must be shared ownership of the AfCFTA’s objectives, particularly by businesses, whether big or small, right from the onset.

Action On African Continental Free Trade Area (AfCFTA)

In recent times, global geopolitical turmoil has exposed Africa’s overreliance on the global supply chain and on exports of natural resources.

It has also highlighted how important it is for Africa to seriously strengthen the capacity for greater intra-African reliance and cushion herself against exogenous shocks of events beyond her control.

The Africa Prosperity Dialogues will incorporate the launch of various platforms for political and business leaders on the continent and in the diaspora to think, plan and collaborate towards building the world’s largest single market of Africa’s 1.4 billion people. This will help to create more opportunities for African citizens and build a more prosperous Africa.

Dubbed the “Kwahu Summit” because the concept was developed at the Rock City Hotel in the Kwahu Mountains of eastern Ghana, the dialogue series will also help bring into sharp focus the continent’s critical challenges, outline its industrialization priorities, and aggressively advance the commercial and infrastructural interventions required to achieve the goal of deepening intercontinental trade.

Two Part Summit

The dialogues will take place in two parts. The first will feature the Business and Policy Leaders’ Dialogue – a retreat for business executives and associations, senior public figures, thought leaders, technocrats and the Association of Africa Investment Promotion Agencies.

The second part of the dialogues will be hosted by President Akufo-Addo and will take place on Saturday 28 January 2023. President Akufo-Addo will be joined by a number of colleague heads of state from across the eight regional blocs on the African continent.

Among the leaders invited are the presidents of Benin, Côte d’Ivoire, Democratic Republic of Congo, Egypt, Guinea-Bissau, Kenya, Niger, Nigeria, the Republic of Congo, Rwanda, Senegal and South Africa.

Experts Entrepreneurs, industrialists, economists, bankers and other business leaders in Africa and beyond have also confirmed their participation.

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Read Also : The Accra Bourse’s Positive Start to the New Year Stalls

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