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    WEF taps into Africa’s potential

    The 25th World Economic Forum (WEF) on Africa will be hosted by the Cape Town International Convention Centre (CTICC) from 3 - 5 June 2015.

    Over 1000 distinguished regional and global leaders from various sectors in government, civil society and business will assemble at CTICC to review the developmental progress of Africa over the last 25 years. Under the conference theme, Then and Now: Reimagining Africa’s Future, delegates will be able to share insights on the present landscape and pioneer innovative strategies to catalyst inclusive development while bringing about sustainable growth in the future.

    According to the WEF website, over the past decade and a half, Africa has demonstrated a remarkable economic transformation, growing two to three percentage points faster than global Gross Domestic Product (GDP). It is projected that regional growth will be sustained by rising foreign direct investment flows, particularly into the natural resources sector; increased public investment in infrastructure; and higher agricultural production.

    “We are honoured to host this prestigious biennial event and to welcome Heads of State and Captains of Industry from across the world to Africa and South Africa. Their deliberations will not only increase interest and knowledge about this amazing Continent but ultimately lead to deliberate action aimed at taking our country and continent to even greater heights”, said CTICC Chief Executive Officer, Julie-May Ellingson.

    Delegates will focus on sustainable development that can boost investment, enhance competitiveness, strengthen risk resilience and harness opportunities arising from technology adoption in all sectors. This growth is also necessary to diminish vulnerability in commodity price fluctuations, capital market instability, mounting public debt, climate change and persistent development challenges.



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