The 14th episode of African Union-High Level Private Sector Forum tagged “Public-Private Sector Engagement for Inclusive Growth and Sustainable Development While Deepening Regional and Continental Trade and Investment towards Implementation of AfCFTA” held in Nairobi, Kenya between 10th-12th July, 2023.
The event which recorded a huge success had a very insightful speech delivered by Cuthbert Ncube, the Executive Chairman of African Tourism Board. The chairman tactically and exhaustively discussed:
- Leveraging the AfCFTA to promote regional value chains and increase productive capacity
- Enhancing the roles of women and youth in regional and continental development
- Leveraging trends in digital transformation to enhance trade and investment
- Raising awareness of the significance of the creative economy in promoting inclusive and sustainable development and deepening regional trade at all levels
- Discussing measures in addressing diverse regulatory frameworks that impact regional trade and investment
- Promoting action towards environmental sustainability and addressing the adverse effects of climate change &
- Exploring strategies to address barriers to access to finance.
The tourism boss also revealed that the AFCFTA is “a game changer for Africa’s economic development.”
He concluded by stating that, “the AfCFTA provides a foundation for enhancing regional trade and continental development. and that “to achieve this, there is a need to develop innovative strategies that focus on promoting regional value chains, expanding SMEs, increasing productive capacity, developing digital infrastructure, empowering women and youth entrepreneurs, and promoting climate action.”
- Tags: AfCFTA, Cuthbert Ncube, Kenya, nairobi, SMEs in Africa
