An arena for discussions among public and private sector decision-makers in Africa
LOME, Togo, February 26, 2015/ — The first Africa Best Practices Forum (http://www.africabestpractices.com) opens today in Lomé. Organised jointly by Ellipse Communication and the specialised recruitment agency AfricSearch, this forum brings together economic and political decision-makers to promote the dissemination of best practices. “This forum will be an arena for discussions among public and private sector decision-makers in Africa. Because the level of investment depends on reforms undertaken by African states, there is an urgent need to accelerate these reforms to promote social and economic change, with the private sector acting as a lever,” explains Didier Acouetey, president of AfricSearch.
In addition to delegations from Morocco, Rwanda and Singapore, heads of some of the biggest Pan-African development institutions will be in attendance. These include Jean-Louis Ekra, President of Afreximbank, Bassary Touré, Vice-President of BOAD, Hervé Assah, World Bank representative for Togo, and Félix Edoh Kossi Amenounve, General Manager of the Bourse régionale des valeurs mobilières in Abidjan. They will focus in particular on new approaches to investment financing and innovative reforms. Many political decision-makers are also expected, including Kwesi Ahoomey-Zunu, Prime Minister of Togo, who will be accompanied by Adji Otéth Ayasor, Minister of the Economy and Finance, and by Kako Nubukpo, Minister for Forecasting and Evaluation of public policies.
Representing the private sector, Charles Kie, executive director of the Corporate & Investment departments at Ecobank, will speak on the reforms needed to enable African economies to harness more of the continent’s resources. Other guests will be Amadou Kane, President of AK Associates and former Minister of Finance of Senegal, Stanislas Zeze, CEO and Chairman of the rating agency Bloomfield, Cheick-Oumar Sylla, CEO Africa at Contour Global. Many big names in private equity will attend, such as Jean-Marc Savi de Tové, a partner at Cauris.
About best practices (http://www.africabestpractices.com)
Africa has experienced immense economic progress over the past decade. Six of the ten economies with the highest growth rates are in Africa, and close to 10% of foreign direct investments worldwide have been directed to the continent. Thanks to a policy of improving the macroeconomic environment and implementing socio-political reforms, two-thirds of African economies have enhanced their business climate, according to the World Bank in its “Doing Business 2015” report. Among the ten economies showing the strongest growth since the previous edition of this document, which measures the ease of doing business in 189 countries, five are African.
However, Africa still needs to tackle a number of challenges to extend and consolidate this trajectory. Best practices, a set of methods and techniques that have proven effective elsewhere in the world (business and trade law, taxation, legal stability, etc.) are one of the most powerful levers for change.
Register at www.africabestpractices.com
Africa Best Practices Forum