Addis Ababa, July 9, 2023 (FBC) – The 14th African Union High Level Private Sector Forum will kick off tomorrow in Nairobi, Kenya under the theme “Strengthening Public-Private Partnerships to accelerate trade and investments in Africa.
The AU Commission is organizing the 14th African Private Sector Forum focusing on how to enhance Public – Private Sector engagement for inclusive growth and sustainable development, relatedly, deepening regional and continental trade and investment towards the implementation of the African Continental Free Trade Area (AfCFTA).
It is stated that the African Union institutionalized the African Private Sector Forum as a key instrument of dialogue and partnership between the African Union policy makers and the private sector actors.
The Forum also acts as a vehicle for empowering the African Private Sector through advocacy, sharing business and market information and skills.
The theme therefore focuses on Public – Private Sector engagement on how to bolster regional and continental trade and investment to facilitate inclusive growth and sustainable development in line with the African Union theme of 2023, which is on “Accelerating the Implementation of the AfCFTA”. Whilst the AfCFTA provides numerous opportunities for Africa, it is imperative that deliberate strategies be put in place by all relevant stakeholders to unlock and effectively utilize this potential.
In light of the above, the AU Commission in collaboration with EAC plans to organize the 14th African Union Private Sector Forum under the Theme; “Public – Private Sector Engagement for Inclusive Growth and Sustainable Development while Deepening Regional and Continental Trade and Investment towards Implementation of AfCFTA.”
This Forum, therefore, provides a platform for High Level Government Officials, to have a candid dialogue with the Business Community on the challenges and deliberate on the solutions and opportunities presented by Regional and Continental Integration initiatives such as the AfCFTA.
With overall objective of strengthen the linkages between regional and continental markets for increased trade and investment the forum draws participants from High level Public Policy Makers, Private Sector actors, Financial Institutions and representatives of Women and Youth led/owned creative start-ups, Academia and Research Institutions.