Regional Integration Key to Africa Growth

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The Africa 2017 Forum in Sharm El Sheikh, Egypt ended on a good note with African Presidents reaching a strong consensus to focus on regional integration, inclusive growth and youth empowerment in order to achieve continued and sustained growth on the continent.

President of Egypt Abdel Fattah Al Sisi hosted African Heads of States and business leaders including President of the Republic of Guinea Alpha Condé, President of the Republic of Rwanda, Paul Kagame, President of the Republic of Côte D’Ivoire Alassane Ouattara, and President of Somalia, Mohamed Abdullahi Mohamed were all in attendance at the just concluded Africa 2017.

The business and investment Forum titled “Driving investment for inclusive growth” was convened to increase intra-African investments and cross-border collaboration. The message sent was that entrepreneurship and private sector would be the driving force to transform the continent. The Forum was preceded by a Young Entrepreneurs Day which brought together over 200 young African entrepreneurs who were meeting investors to pitch their businesses over the two days of the Forum. Al Sisi highlighted the importance of African youth, saying they should be the cornerstone of development plans in the continent as governments strive to promote innovation and technology.

President of Rwanda, Paul Kagame, co-chair of the Young Entrepreneurs Day, reiterated the need for more urgency. In his words, “We cannot afford to waste opportunities because of unnecessary red tape and associated delays.” Citing the launch of the Tripartite Free Trade Area in Egypt in 2015, President Kagame said it was important that African leaders drive the institutional reform of the African Union in order to get the FTA fully operational.

Heba Salama, Director of the COMESA Regional Investment Agency, co-conveners of the Forum, in an emotional address reminded the young and the leaders of the need to have bigger dreams that will move Africa forward.

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