Africa Business Forum kicks off next week in Addis Ababa

Addis Ababa, February 13, 2023 (FBC) – The sixth edition of the Africa Business Forum will be held under the theme “Making Carbon Markets Work for Africa”, according to UN Economic Commission for Africa (UNECA).

ECA added that the forum is scheduled to take place on Monday, 20 February 2023, at Sheraton Hotel, Addis Ababa, Ethiopia, on the tail end of the 36th Ordinary Summit of the African Union Assembly of Heads of State and Government.

The event will be jointly convened by ECA and the African Export-Import Bank, under the leadership and with the support of the African Union Commission, and with Sustainable Energy for all, as a resource partner, ECA stated.

Each year, the Africa Business Forum facilitates and promotes dialogue between the African business leaders and the continent’s leaders and policy makers, towards accelerating collective efforts for realizing Agenda 2063: The Africa We Want, of the African Union and the 2030 Agenda for Sustainable Development, ECA further stated.

The 2023 edition according to ECA aims to build on the positive momentum generated at the 27th Conference of parties of the United Nations Framework Convention on Climate Change (UNFCC) held in Sharm El-Sheikh in November 2022 on the use of carbon credit markets as a means of accelerating climate action, and in particular generating investment into transformative economic action in African countries.

This year’s edition will also bring together governments, private investors and civil society to facilitate investments in bankable projects that deliver meaningful climate action as well as generate high integrity carbon credits for Africa to accelerate investments and financing  for sustainable development.

By: Yonathan Yoseph

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