Thursday, February 23, 2017
Add this page to Blinklist Add this page to Del.icoi.us Add this page to Digg Add this page to Facebook Add this page to Furl Add this page to Google Add this page to Ma.Gnolia Add this page to Newsvine Add this page to Reddit Add this page to StumbleUpon Add this page to Technorati Add this page to Yahoo


ideas have consequences

You are here:Home>>Strategic Research & Analysis>>The World Economic Forum: De-Risking of Africa in Davos
Tuesday, 29 January 2013 15:47

The World Economic Forum: De-Risking of Africa in Davos

Written by Emeka Chiakwelu

When first class global economists, politicos, and business leaders gathered in Davos for the World Economic Forum, the last thing they want to do was to give an impression that Africa does not belong to the elite group of world who-is-who. Sprinkles of African elites were present and there was a discussion session at Davos that was set aside for the review of Africa’s political economy.

 

Of course few African leaders were invited to participate in the discussion and they probably convinced that they will be taken serious as the audience looked captivated as the discussion on African problem was being dissected by the political and business leaders from Africa.

 

The session was called “De-Risking Africa" and Presidents Jonathan of Nigeria and Zuma of South Africa were the principal speakers and analysts. How can we forget Graham Mackay, chairman of SABMiller, the largest growing brewing entity in Africa. To his credit, Mackay has managed to spread out his brewery empire around Africa.

 

By calling the session De-Risking Africa, World Economic Forum maybe trying to convey to the world that Africa is safe for business and investment. But the problem here is that African perception by the world cannot be easily altered by the session at Davos.

 

The western media and movie industry in the past have poorly projected and showcase Africa that it has become difficult to positively rebrand Africa as the global media is gearing up to do.

 

There is a new and emerging Africa, inasmuch that African contribution to the global GDP is quite minimal about or less than 2.7 percent, yet Africa has the fastest growing economy at the annual growth rate of at 5.2 percent in 2012 compared to the rest of the world that has experienced anemic growth of about 3.2 percent.

 

It is important that the world see Africa for what it is because investments and capital are needed to sustain the growth in Africa. The only way that Africa can succeed and alleviate her standard of living is to enshrine pro-growth policy but it cannot be doable without the necessary manpower and capital to move forward.

 

I do expect The World Economic Forum to do more for Africa not just by gathering some African leaders to speak on Africa but to create an environment where Africa is  'normalize' and the  label of the 'other' bloated out. Instead of setting aside Africa for discussion, Africa should be integrated into the discussion just as Europe and Asia.

 

Mackay in the discussion emphasized that problem of Africa must be left for the private industry to be “fix” with economic growth.  Mackay may be putting too much hope on the private sector as the panacea to the problems of Africa, for certain things are beyond the reach of the private sector. Peace and stability, responsible citizenry, law and order are needed to sustain economic growth and private sector have little role in them.

 

South African actress Charlize Theron was given 2013 World Economic Forum Crystal Award for humanitarian.


"Trust in economic growth to solve the problems of the continent, "Economic growth comes from the private sector: business will fix it, if it's allowed to. If you look at some of our operations in more rural parts of Africa and you see the conditions that have to be endured: these are heroic endeavors in many cases," Mackay said.

 

Africa needs both the private and public sectors to work together. Moreover, there are things that can be carried out by the private sector and there are things that government must do. Private sector should be the primary engine of Job creation and employments for the work force. The public sector should implement fiscal and monetary policies to promote wealth creation.

 

Both Presidents Jonatha and Zuma made an important point when it comes on the provision of infrastructures. They believed that Africa must developed modern infrastructures for sustainable economic growth. The private sector does not build roads, rails and provide power grids. This is the job of the public sector and that is where a functional government comes into play. Both private and public sectors have their unique roles to play in economic development and growth in anywhere including Africa.

 

President Paul Kagame  of Rwanda who was also in the audience said, “For me, the major problem I see is that Africa's story is written from somewhere else, and not by Africans themselves."   But the point Kagame missed is that in the global economy, investors send their investments to places they deem fit, simultaneously commentators and analysts from all parts of the world will follow accordingly where the actions are brewing.

 

President Paul Kagame speaking at Davos


News reporting on Africa has somewhat improved to more positive and good reporting, but the reality is that Africa has some fundamental problems that she must tackled to better improve her image. There are problems in the continent that are seriously hampering economic growth. And no matter how much de-risking you attempted with words, it cannot make it go away.

 

Actions, they say, speak louder than words. Action-oriented leaders are needed to fight corruption, build modern infrastructures and inspire the continent to achieve the goals she set for herself. The words and discussions at Davos may be good but action and determination must belong to Africa.

 

WEF

 

 

Emeka Chiakwelu, Principal Policy Strategist at Afripol.

 

 

 

 

 

 

 

 

 

 

 

 

 

Last modified on Saturday, 02 February 2013 17:19

117 comments

  • Comment Link EugeneVop Thursday, 23 February 2017 12:07 posted by EugeneVop

    mpnrnst

    http://www.directoryoffinance.co.uk/735-asics-gel-lyte-v-red-black.html
    http://www.backpackersholidays.co.uk/938-nike-air-presto-flyknit-ultra-black.html
    http://www.northhampshireenterprise.co.uk/nike-janoski-khaki-gum-635.html
    http://www.directoryoffinance.co.uk/813-asics-kayano-19-womens.html
    http://www.mandala2012.co.uk/247-adidas-shoes-blue-high-tops.html

    Nike Roshe Custom For Sale
    Air Jordan 6 Black Green
    Nike Air Max 95 V Sp Patch
    Nike Cortez Mens Vintage
    Nike Air Max 2016 Blue

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link EugeneVop Thursday, 23 February 2017 01:28 posted by EugeneVop

    eofhpwt

    http://www.offerzone.co.uk/180-converse-shoes-uk-ladies.htm
    http://www.poloshirtsonlineshop.co.uk/lacoste-shoes-for-men-boots-price-220
    http://www.jlapressureulcerpartnership.co.uk/reebok-pink-leather-041.htm
    http://www.backpackersholidays.co.uk/273-nike-air-presto.html
    http://www.cyberville.co.uk/664-new-balance-womens-890.htm

    Adidas Gazelle Childrens
    Air Max 90 Ultra Moire Black
    Ralph Lauren Red Bag
    Nike Running Shoes 2016 For Girls
    Adidas Superstar White And Black Outfit

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link online store Wednesday, 22 February 2017 12:41 posted by online store

    Hello I am so grateful I found your blog page, I really found you by error, while I was
    looking on Aol for something else, Regardless I am here now and would just like to
    say many thanks for a marvelous post and a all round interesting blog (I also
    love the theme/design), I don?t have time to browse it all
    at the moment but I have saved it and also added your
    RSS feeds, so when I have time I will be back to read a
    lot more, Please do keep up the superb work.

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link Wedgess Monday, 20 February 2017 14:58 posted by Wedgess

    Moissanite will not try to contend with diamond jewelry, it definitely surpasses a diamond ring. It has lower Attraction to dirt and oil (because mixed carbon and silicon composition). Moissanite also offers a better clarity in the cut compared to a diamond ring, diamonds vary greatly in cut and clarity, however Moissanite is consistently high clarity and cut. Moissanite can also be tougher than an engagement ring, while an engagement ring is "harder", Moissanite is much more resistant against force. Moissanite's clarity rating is significantly higher than a diamond ring as well, meaning its surface blemishes is really a lot less than diamond jewelry.

    http://jonasjapf692blog.amoblog.com/real-weddings-an-overview-1102056
    http://fabianoesi603blog.blogolize.com/How-to-Select-an-Engagement-Ring-1796727

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link Dyaniws Monday, 20 February 2017 05:20 posted by Dyaniws

    http://www.nature.com/protocolexchange/labgroups/491261 - buy safety Danocrine without a prescription shipped overnight;
    http://www.nature.com/protocolexchange/labgroups/491273 - purchase cheap online Desyrel no prescriptions needed;
    http://www.nature.com/protocolexchange/labgroups/491477 - buying at lowest price Effexor Xr no dr approval cash on delivery;
    http://www.nature.com/protocolexchange/labgroups/491447 - cheapest pills Rhinocort next day delivery;
    http://www.nature.com/protocolexchange/labgroups/491357 - lowest price of Benicar overnight without a prescription;

    buy cheapest no script next day delivery
    http://www.nature.com/protocolexchange/labgroups/491277 - purchase online Indinavir cash on delivery overnight;
    http://www.nature.com/protocolexchange/labgroups/491387 - best place to buy Actos no rx, fast worldwide shipping;
    http://www.nature.com/protocolexchange/labgroups/491289 - buy online Risnia pay cod without prescription;
    http://www.nature.com/protocolexchange/labgroups/491465 - indian generic Motrin cash on delivery online prescriptions;
    http://www.nature.com/protocolexchange/labgroups/491343 - buy online cheapest Voltaren SR c.o.d. saturday delivery;
    http://www.nature.com/protocolexchange/labgroups/491395 - low prices Silagra in without prescription;
    http://www.nature.com/protocolexchange/labgroups/491467 - cheapest pills Prevacid pay cod without prescription;
    http://www.nature.com/protocolexchange/labgroups/491401 - discount Dilantin no prescription next day delivery;
    http://www.nature.com/protocolexchange/labgroups/491287 - where can i purchase Zyvox no script required;
    http://www.nature.com/protocolexchange/labgroups/491243 - cheapest pills Levlen prescriptions online;
    http://www.nature.com/protocolexchange/labgroups/491435 - how to order Cephalexin for sale online;
    http://www.nature.com/protocolexchange/labgroups/491313 - ordering Risperdal prescriptions online;

    order at low price for sale online
    http://www.nature.com/protocolexchange/labgroups/491477 - buying at lowest price Effexor Xr no dr approval cash on delivery;
    http://www.nature.com/protocolexchange/labgroups/491303 - lowest price of generic Sovaldi c.o.d overnight no rx;
    http://www.nature.com/protocolexchange/labgroups/491451 - buy cheap Vitamin C in internet drugs overnight;
    http://www.nature.com/protocolexchange/labgroups/491335 - where to get Azulfidine overseas with no prescriptions;
    http://www.nature.com/protocolexchange/labgroups/491323 - buy at low cost Serophene overnight no prescription required;
    http://www.nature.com/protocolexchange/labgroups/491357 - lowest price of Benicar overnight without a prescription;
    http://www.nature.com/protocolexchange/labgroups/491403 - order Himcolin overnight no prescription;
    http://www.nature.com/protocolexchange/labgroups/491429 - ordering Retin-A c.o.d. saturday delivery;
    http://www.nature.com/protocolexchange/labgroups/491289 - buy online Risnia pay cod without prescription;

    cheapest pills NO PRESCRIPTION
    http://www.nature.com/protocolexchange/labgroups/491297 - order online at low cost Slimfast no prescription quick delivery;
    http://www.nature.com/protocolexchange/labgroups/491253 - discount Rocaltrol c.o.d. without prescription;
    http://www.nature.com/protocolexchange/labgroups/491475 - buy discount Confido without a rx overnight;
    http://www.nature.com/protocolexchange/labgroups/491465 - indian generic Motrin cash on delivery online prescriptions;
    http://www.nature.com/protocolexchange/labgroups/491467 - cheapest pills Prevacid pay cod without prescription;
    http://www.nature.com/protocolexchange/labgroups/491419 - order Dapsone overnight without dr approval;
    http://www.nature.com/protocolexchange/labgroups/491487 - where to buy Maxaquin from a pharmacy without a prescription;
    http://www.nature.com/protocolexchange/labgroups/491469 - i want to buy Tinidazole no script next day delivery;
    http://www.nature.com/protocolexchange/labgroups/491305 - cheap Valtrex without script;
    http://www.nature.com/protocolexchange/labgroups/491367 - where to get Diamox prescriptions online;
    http://www.nature.com/protocolexchange/labgroups/491381 - online pharmacy Seroquel no rx required;
    http://www.nature.com/protocolexchange/labgroups/491349 - best place to buy Artane no script required express delivery;
    http://www.nature.com/protocolexchange/labgroups/491403 - order Himcolin overnight no prescription;
    http://www.nature.com/protocolexchange/labgroups/491267 - how much Prinivil shipped with no prescription;
    http://www.nature.com/protocolexchange/labgroups/491437 - quality generic Sumycin with no rx;

    purchase WITHOUT PRESCRIPTION overnight
    http://www.nature.com/protocolexchange/labgroups/491291 - low prices Aygestin no script required;
    http://www.nature.com/protocolexchange/labgroups/491429 - ordering Retin-A c.o.d. saturday delivery;
    http://www.nature.com/protocolexchange/labgroups/491255 - ordering online Valtrex without a rx overnight;
    http://www.nature.com/protocolexchange/labgroups/491251 - best prices Geodon c.o.d. no rx;
    http://www.nature.com/protocolexchange/labgroups/491305 - cheap Valtrex without script;
    http://www.nature.com/protocolexchange/labgroups/491241 - generic drugs Zestril without rx,next day delivery;
    http://www.nature.com/protocolexchange/labgroups/491373 - best place to buy Rumalaya cash on delivery;
    http://www.nature.com/protocolexchange/labgroups/491469 - i want to buy Tinidazole no script next day delivery;

    buy cheap prescriptions online
    http://www.nature.com/protocolexchange/labgroups/491255 - ordering online Valtrex without a rx overnight;
    http://www.nature.com/protocolexchange/labgroups/491327 - cheap generic Fulvicin no script next day delivery;
    http://www.nature.com/protocolexchange/labgroups/491253 - discount Rocaltrol c.o.d. without prescription;
    http://www.nature.com/protocolexchange/labgroups/491439 - ordering online Calan overnight delivery no rx;
    http://www.nature.com/protocolexchange/labgroups/491269 - where can i order Anafranil cheap c.o.d. no rx;
    http://www.nature.com/protocolexchange/labgroups/491261 - buy safety Danocrine without a prescription shipped overnight;
    http://www.nature.com/protocolexchange/labgroups/491267 - how much Prinivil shipped with no prescription;
    http://www.nature.com/protocolexchange/labgroups/491241 - generic drugs Zestril without rx,next day delivery;
    http://www.nature.com/protocolexchange/labgroups/491341 - ordering Anacin no prior script overnight;
    http://www.nature.com/protocolexchange/labgroups/491479 - cheapest Zyloprim without rx,next day delivery;

    pharmacies that sell prescriptions online
    http://www.nature.com/protocolexchange/labgroups/491463 - cheapest prices Sovaldi no prescription fast delivery;
    http://www.nature.com/protocolexchange/labgroups/491395 - low prices Silagra in without prescription;
    http://www.nature.com/protocolexchange/labgroups/491429 - ordering Retin-A c.o.d. saturday delivery;
    http://www.nature.com/protocolexchange/labgroups/491413 - ordering Lotrel pay cod no prescription;
    http://www.nature.com/protocolexchange/labgroups/491351 - order cheap generic Sovaldi overnight without dr approval;

    purchase at low price without a rx overnight
    http://www.nature.com/protocolexchange/labgroups/491379 - i want to order Elavil no dr approval cash on delivery;
    http://www.nature.com/protocolexchange/labgroups/491371 - where to buy Doxycycline prescriptions online;
    http://www.nature.com/protocolexchange/labgroups/491397 - online pharmacy Motrin no prescription no fees;

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link dungeon_lord Monday, 20 February 2017 03:51 posted by dungeon_lord

    Have you ever wondered how incredibly efficient individuals get so much performed in a day? With phone calls, emails, texts, social networks, and so on, it's not easy to stay focused, however it can be done. In Bruna Martinuzzi's short article "12 Performance Tips From Extremely Hectic People" on dailygood.org, bestselling author and inspirational speaker, Brian Tracy, says that one of the secrets to success works time management. (The other is continuous knowing http://163.22.168.6/~ntcta1/userinfo.php?uid=1831840& ) Extremely effective, effective individuals are usually really busy, however they discipline themselves to remain focused on exactly what matters.

    Here are a long time management strategies from Martinuzzi and other sources to help you work more efficiently as well as regain some spare time back.

    Focus on staying focused. Focus and concentration doesn't come naturally for many people - it's an ability to be established, and you'll get better at it the more you do it. One popular way to stay focused is to sector your day into blocks of time for different jobs. For example, block out an hour early in the morning to examine and respond to emails. Then shut out the next hour to obtain workplace tasks done. Be specific about what you wish to achieve, and set a clock or timer for a particular quantity of time to do it in.

    The Pomodoro Technique ® is a time management method produced by Italian Francesco Cirillo in the 1980s. When Cirillo was studying at university, he battled with attempting to finish his school projects and stop losing time. He observed a kitchen timer shaped like a red tomato, and started setting the timer in 25 minute increments. He called each 25-minute session a "pomodoro.".

    Cirillo noticed that when he segmented his tasks into 25 minute periods - and understood that the timer was ticking - he was much better able to remain concentrated and on task. He fine-tuned The Pomodoro Method ®, and now travels the world teaching it to individuals. All you need is a timer, a pen and paper.

    Get up earlier. Not remarkably, numerous effective CEOs begin their day prior to 6:00 a.m. While most of us are shuffling to obtain our coffee, they've currently exercised, showered, and been around mode. Laura Vanderkam, author of the book, "Exactly what Successful People Do Prior to Breakfast: A Short Guide To Making Over Your Morning - And Life," recommends getting up simply 15 minutes earlier every day and slowly increasing the time.

    Lower conference times. Conferences can be big time drains pipes. Much better to shorten meeting times, and concentrate on high value jobs, such as completing the actual job. Set limits on meeting times, and think about cutting meeting times back 15 minutes to a half hour - it will require colleagues to obtain to the point quicker.

    Benefit from innovation. There are numerous applications (apps) on the marketplace created to help hectic people work more efficiently and block out distractions. Rescue Time is an app that runs on your computer system and records how you invest your time, so you can make much better surfing decisions.

    Take a look at Dropbox to store files online, Any Fulfilling to host a webinar, Basecamp for project management, Trello for monitoring jobs and deadlines, and Hootsuite or Buffer to schedule your social networks posts.

    For the social networks addicted, Get Concentrating is a fantastic app that will temporarily block out social media websites while you're trying to get work done. And to catch all your imaginative concepts, download Evernote, a free app for recording and gathering ideas.

    Work with others to do it for you. Another characteristic of effective people is they don't lose time on tasks that aren't a priority and/or others can do. Evaluate how you invest your time, and if it deserves it, employ it out. Consider employing a cleaning service once a week, or automating your grocery shopping with websites such as Stop & Store's Peapod service or Amazon's Subscribe and Conserve.

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link dungeon_lord Monday, 20 February 2017 03:51 posted by dungeon_lord

    =

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link Pesawrystof Sunday, 19 February 2017 23:57 posted by Pesawrystof

    http://e-kamagralek24.pl

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link Curtissn Saturday, 18 February 2017 02:40 posted by Curtissn

    huohdnm

    http://www.rcaraumo.es/nike-roshe-1000-939.html
    http://www.batalladefloreslaredo.es/oakley-eyepatch-700
    http://www.luismesacastilla.es/318-nike-roshe-baratas-online.php
    http://www.el-codigo-promocional.es/309-reebok-granates.aspx
    http://www.denisemilani.es/687-nike-huarache-mujer-grises.php

    Zapatillas Nike Air Max 2016
    Nike Free Run 2 Argentina
    Saucony Ride 7 Azul
    Adidas Ultra Boost Uncaged
    Nike Air Force Blancas Mujer

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
  • Comment Link RichardFams Saturday, 18 February 2017 00:16 posted by RichardFams

    npdsztp

    http://www.luismesacastilla.es/353-nike-roshe-run-retro.php
    http://www.tacadetinta.es/pantalones-abercrombie-mujer
    http://www.cuadros-famosos.es/968-ralph-lauren-vestido-polo.html
    http://www.adidasnmdcomprar.nu/nmd-adidas-black-829
    http://www.batalladefloreslaredo.es/oakley-holbrook-polarizadas-precio-379

    Air Force Nike Mujer Blancas
    Nike Sb Verde Agua
    Air Force 1 Tenis
    Saucony Hombre
    Reebok Clasicas Azules

    This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Start
Prev
1

Add comment