As world leaders gather in New York for the 79th United Nations General Assembly (UNGA79), a significant side event is poised to shine a spotlight on Africa’s economic potential and development opportunities. The “Africa Breakfast Convos,” co-hosted by global communications consultancy Allison and Africa’s leading PR firm BHM, will bring together influential voices from across the continent and beyond on Friday September 27, 2024, at the World Trade Center in New York.
The Exclusive Gathering Will Focus On Five Key Areas:
- Africa’s Investment Landscape
In recent years, African countries have emerged as appealing destinations for foreign investors in search of new opportunities and markets. This shift can be attributed to several key factors, including the continent’s rich natural resources, expanding consumer markets, and improving business climates.
Although 2023 was a challenging year, foreign direct investment (FDI) flows to the continent remained relatively stable at $48 billion, representing just 3.5 percent of total global FDI. according to the UN Trade and Development (UNCTAD).
Discussions at Africa Breakfast Convos will likely focus on emerging sectors such as technology, renewable energy, and healthcare, which have shown significant growth across Africa.
- Youth Demographics And Economic Potential
Africa’s youthful population, with 70% of sub-Saharan Africa under 30, will be a key point of discussion. Attendees will explore how this demographic dividend can be leveraged to drive economic growth and innovation, particularly as projections indicate that one-fifth of the global population will be African by 2031.
- Sustainable Development And Social Impact
Aligning with UNGA79’s broader themes, the event will emphasise Africa’s role in achieving global Sustainable Development Goals (SDGs). Expect conversations on how businesses can contribute to sustainable growth while creating positive social impact across the continent.
- Public-Private Partnerships
The importance of collaboration between government and business sectors will be highlighted. With attendees including federal ministers, political leaders, and CEOs of major African multinationals, discussions will likely centre on creating an enabling environment for such partnerships to thrive.
- Africa’s Soft Power And Cultural Influence
The event will showcase Africa’s growing influence in areas such as entertainment, media, and technology. With creative industry leaders and founders of promising tech startups in attendance, expect insights into how Africa’s cultural exports and technological innovations are shaping global perceptions of the continent.
As Africa continues to navigate complex geopolitical challenges while embracing economic opportunities, Africa Breakfast Convos promises to offer valuable insights into the continent’s future trajectory. By bringing together diverse stakeholders from business, government, and civil society, this event aims to catalyse partnerships and initiatives that will contribute to Africa’s sustainable growth and development.