World Economic Forum on Africa 2012
In 2012, Africa’s projected growth rate of 6% will be driven by improved macroeconomic and political stability, an ongoing resource boom and a growing consumer base. In addition, deepening links to fast-growing emerging economies and an increasing appetite of global and regional champions for long-term investments in Africa’s frontier markets are fuelling a renewed optimism about the continent’s future.
At the same time, resource price volatility, youth unemployment, food insecurity and the adverse effects of climate change remain important challenges. Strengthening Africa’s leadership, accelerating investment in its frontier markets and scaling innovation will be essential in transforming Africa’s growth story into shared opportunities for present and future generations.
The 2012 World Economic Forum on Africa will be held in Addis Ababa, Ethiopia. Ethiopia is the second most populous country in sub-Saharan Africa and a prime example of the continent’s fast-growing economies. Home to the African Union and the United Nations Economic Commission for Africa, Addis Ababa will offer an exceptional opportunity to bring together global and pan-African leaders to shape the region’s transformation.
For more information, please e-mail: Africa@weforum.org
