Thursday, 23 May 2013

News Release: AU Conference On Securing Africa’s Renaissance

What: Meeting on "Securing Africa’s Renaissance: The Role of Africa’s Private Sector Over The Next 50 Years"
Where: UNECA Conference Center in Addis Ababa, Ethiopia
When: Friday, 24 May 2013
For Who: The meeting is organized by the African Union Commission, the Pan African Chamber of Commerce and Industry (PACCI), UNDP, and the UN Global Compact. The meeting will assemble leaders from business, politics, academic institutions, and civil society organizations with specific attention to discuss the role of Africa’s Private Sector in securing Africa’s Renaissance in thenext 50 years.
Why: The 50th AUC Anniversary is providing the perfect backdrop to reflect on the role of the Private Sector in Africa’s development agenda and to vision the private sector Africa wants to see develop and how in the next 50 years. The conference is expected to generate a strong and sustainable demand for regional integration, the development of more inclusive markets, responsible business conduct, including responsible business investment and fair trade, while also supporting a renewed culture of responsible and dynamic leadership in business companies in Africa.
The Objectives Of The Conference Are To:
• Share insight on the critical role the private sector can play to help the continent reach its full economic and social potential and what measures can, or cannot, be taken to improve its efficiency, quality and participation.
• Look at the views of the business community with respect to measures to liberalize trade and eliminate investment barriers, promote the C-FTA, and engage in ways to implement functioning Public-Private Partnerships.
• Provide recommendations from business and investors – including entrepreneurs – to Governments on necessary policies to create and business-friendly environment.
• Encourage public and private partnerships (PPPs) to generate new opportunities to enhance regional integration and contribute towards Africa’s development, while delivering transformational and systemic change.
• Bring together decision makers, business operators, professionals, and other concerned Stake-holders to share their knowledge and reflect on the role for the private sector in the economic development and integration that will be vital to the future of Africa.
• Engage the private sector as a development partner to create jobs and prosperity.
• Spur private sector and Government actions and partnerships to overcome obstacles to responsible private sector development on the continent;
• Provide recommendations from business and investors, including entrepreneurs to Governments on necessary policies to create an investor-friendly environment
Wynne Musabayana
African Union Commission
MusabayanaW@africa-union.org

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