World Economic Forum Africa and the drive for ‘inclusive growth

World Economic Forum Africa and the drive for ‘inclusive growth

DURBAN – The 27th edition of the World Economic Forum on Africa kicks-off in Durban today.

President Jacob Zuma is leading the South African delegation.

This year’s theme is “Achieving Inclusive Growth through Responsive and Responsible Leadership”.

Africa’s stance on the challenges facing the global economy and the impact of the fourth industrial revolution, which is aimed at driving change to global industries and business models, will come under scrutiny.

WEF Africa 2017 comes as host country South Africa faces sluggish economic growth, subdued investment and increasing fiscal and economic policy uncertainty amidst credit rating downgrades.

The issue of “inclusive growth” will dominate discussions as the International Monetary Fund forecasts for sub-Saharan African growth are at their lowest level for 20 years.

One of the expectations going into this meeting is that it will help effect change for jobless youths.

A large percentage of the continent’s population under the age of 30, are unemployed and unemployable.

At the same time, a people’s economic forum march is expected to take place.

The group says this year’s conference’s likely to yield trade deals and investment that don’t benefit the people. — Additional reporting: eNCA

African News Agency

Facebook Comments

About author

Nigerians in South Africa
Nigerians in South Africa 1717 posts

We are about democracy, human rights, public opinion, political behavior, civil rights and policy aimed at improving the human condition, with a focus on African countries.

You might also like

Opinion 0 Comments

WE ARE MISSING THE POINT ON WHAT NEEDS TO BE DONE IMMEDIATELY

Barrister Austin Okeke Writes From South Africa The point of the matter is that our people are under siege by deliberate policies of the Federal Government of Nigeria, which policies

Travel 0 Comments

Home Affairs law is Anti Local Immigrant’s Entrepreneurial Spirit

Findings reveal that the immigration law of the South African Home Affairs department has no provision for foreigners living in South Africa to migrate from Temporary Residence Permit to Business

NIGERIA IS OPEN FOR BUSINESS

Nigeria is open for business said the minister for Niger Delta at Infrastructure Africa summit in Sandton conversation centre on 21 22 August the minster and princes Gloria Akobundo NEPAD

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply