In recent years, the world has faced unprecedented crises, from bank failures and surging inflation to energy shortages and the concerns around the rapid development of AI. These disruptions have upended the world and led to fundamental shifts in global relations, with protectionism on the rise and global stability under threat.
Why should African leaders have to sit back and watch while foreign crises wreak havoc on their currencies and wider economies?
Since the AFRICA CEO FORUM was founded a decade ago, the notion that the private sector should be the engine of African growth has been firmly anchored in the minds of policymakers. With the continent’s share of global FDI tripling over that period, the massive flows into logistics, infrastructure, agribusiness, financial services, real estate, and many other high-performing sectors have unleashed African business champions; there are now over 300 African companies with billion-dollar turnovers.