World Economic Forum on Africa

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1 World Economic Forum on Africa From Vision to Action, Africa's Next Chapter Cape Town, South Africa 4-6 May 2011 Co-Chairs : Peter Brabeck-Letmathe, Chairman of the Board, Nestlé, Switzerland; Member of the Foundation Board of the World Economic Forum; Global Agenda Council on Water Security Timothy P. Flynn, Chairman, KPMG International, USA P. Mpho Makwana, Chairman, Eskom Holdings, South Africa Linah K. Mohohlo, Governor and Board Chairman of the Bank of Botswana; Regional Agenda Council on Africa Rajiv J. Shah, Administrator, US Agency for International Development (USAID), USA; Young Global Leader Jubril Adewale Tinubu, Group Chief Executive, Oando, Nigeria; Young Global Leader Programme Wednesday 4 May Registration at the Cape Town International Conference Centre Brainstorming Africa Brainstorming: From Vision to Action This highly interactive session is designed to engage the Forum's Africa community and kick-start the meeting. A collaborative exercise will examine the region's position in the new reality and identify opportunities to unleash, accelerate and sustain its transition to inclusive investment-driven growth. As places are limited, participation is on a first-come, first-served basis. Brainstorming Session 1 / 16

2 Governing for Development: An African School of Public Policy A strong school of government can offer a world-class hub of education and research on the most pressing policy issues and be an engine of strategic learning for future leaders. What would such a school look like in Africa? - Market and objectives - Professional education and training - Link between policy research and practice - Learning from global best practices - South-South learning and exchange - Peer networks for public sector leaders WorkStudio Building Competitiveness in Africa Despite above average GDP growth in recent years and a strong recovery from the global recession, most sub-saharan economies have made little progress in global competitiveness rankings. How can these economies strengthen productivity and competitiveness to sustain a rapid growth path? - Technology adoption - Infrastructure - Health - Education - Entrepreneurship - Institutions This session is open to participants only. Reporting restrictions apply. Lessons from the New Champions Over the last decade, revenues of the 500 largest African companies outside the banking sector have grown by more than 8% annually. What lessons can the world learn from Africa's new champions? - Innovation and entrepreneurship - New business models - Risk resilience This session is linked to initiatives and communities of the Forum. Jeremy Jurgens is available to brief participants. 2 / 16

3 Growing Green Recent studies suggest that a green economy could boost employment globally in key sectors such as agriculture, construction, forestry and transport. How can African economies leverage this potential and build green strategies for growth and development? - Best practices - Key obstacles - National plans - Role of business Travel and Tourism -- Time for Take-off In 2010, Africa still accounted for only 3.4% of global tourism receipts and 5.2% of tourist arrivals. How can the employment and growth potential of the travel and tourism sector be unleashed? - Transport and infrastructure - Job creation and social inclusion - Environmental sustainability This session is linked to initiatives and communities of the Forum. Thea Chiesa is available to brief participants. Africa and the G20: An Update The Seoul declaration of the G20 leaders expresses a strong commitment to ensure accelerated growth in low-income countries. What are the practical implications of the current G20 talks for businesses and governments in Africa? - Inclusive growth - Institutional reform - Job creation - Corruption This session is linked to initiatives and communities of the Forum. Robert Greenhill is available to brief participants. Plenary Session 3 / 16

4 Africa's Role in the New Reality Developing countries now represent half of global growth, and six of the 10 most rapidly expanding economies are located in sub-saharan Africa. How is the continent defining its role in a shifting global economy and guarding against emerging risks? - Global value chains - Geopolitics - Global risks Simultaneous interpretation in French. Plenary Session Social Entrepreneur Award -- Africa 2011 The Schwab Foundation for Social Entrepreneurship provides a global platform to promote social entrepreneurship as a means of advancing societies and addressing social problems in an innovative and effective manner. The awards for the Africa regional competition, Social Entrepreneur of the Year 2011, will be presented. Interactive Dinner Sessions Nollywood: Lights, Camera, ACTION Nigeria is home to the fastest-growing and second-largest film industry in the world behind Bollywood and ahead of Hollywood. Join key players from the industry as they discuss the exciting and challenging future of Nollywood. Interactive Dinner Sessions The Future of Zimbabwe Zimbabwe's economy is growing for the first time in a decade, yet high foreign debt and continued political instability could hinder this trajectory. How will Zimbabwe settle social, economic and political conflict to unlock its growth and development potential? Nollywood Nightcap Participants are welcome to enjoy a cultural evening on Nollywood. 4 / 16

5 Thursday 5 May Learning Journey Tour of Robben Island This Learning Journey will take participants to Robben Island, a UNESCO World Heritage Site and poignant reminder of the price paid for freedom. A shuttle provided by the Forum will depart the Cape Town Convention Centre at and return at approximately As places are limited, participation is on a first-come, first-served basis. Plenary Session The Durban Agenda The upcoming UN climate conference in Durban marks an opportunity for the South African presidency to demonstrate leadership in the multilateral negotiations, while shaping Africa's climate agenda. What does COP 17 represent in the international low-carbon architecture, and also on the continent's broader development agenda? - Vision of the South African presidency - Stakeholder roles and expectations - Africa's climate agenda This session is linked to initiatives and communities of the Forum. Dominic Waughray is available to brief participants. WorkStudio Ensuring Inclusive Growth While Africa's growth rates have been above average, most of its economies have suffered from rising inequalities. How can policies and partnerships be structured to advance a more inclusive model of economic growth? This WorkStudio will address the following dimensions: - Employment - Informal economy - Skills and education - Natural resources - Macroeconomic policy This session is open to participants only. Reporting restrictions apply. 5 / 16

6 Insights on Francophone Africa Francophone Africa, a group of 31 countries, is forecasted to more than double its population to 750 million by What economic changes, political priorities and business issues are shaping Francophone Africa? - Business climate - Governance priorities - Regional development opportunities Simultaneous interpretation in English. Music for Social Change Both a source of inspiration and a catalyst of change, music has the power to transcend cultural, political, religious and social barriers. How is music inspiring social change across the continent? The State of Manufacturing Manufacturing, which accounts for about one-third of sub-saharan GDP, suffered disproportionately in the economic crisis and continues to face pressure from economies such as India and China. How will Africa's manufacturing industries position themselves competitively in the new global economy? - Value chain upgrading - Economic diversification - Labour productivity IdeasLab IdeasLab with the Social Entrepreneurs: From Innovation to Impact Expert presentations and in-depth group discussions will focus on: Idea 1: New financing for affordable housing Idea 2: Empowering women micro-entrepreneurs through renewable energy Idea 3: Mainstreaming people with disabilities into society Idea 4: Growing local knowledge economies to enable social microenterprises This session is open to participants only. Reporting restrictions apply. 6 / 16

7 Speaking Truth to Power Previously unheard voices are finding the strength to speak out against corruption, political tyranny and social inequality, largely aided by new media channels. Does this herald a new era of speaking truth to power or will media censorship and the fear of retribution prevail? - Legitimacy and accountability - Civil rights and freedom of press - Influence of traditional and new media Earth Minerals: The Treasure Underground Africa is known to hold about 30% of global mineral reserves and much of its subsoil wealth is yet to be explored. How can economies harness their mineral potential in a more sustainable and equitable manner? - Regulatory frameworks - Economic policies - Sustainable extraction - Inclusive growth Networking Lunch at the Westin Grand Hotel The New Energy Architecture The diversification of Africa's mainly fossil fuel-based energy infrastructure offers much potential for growth and development. How can Africa achieve the transition to a more sustainable, affordable and resilient energy system? - Investments and financing - Alternative energy - Energy efficiency - Energy-related risks 7 / 16

8 A New Investment Paradigm for African Agriculture As consumer demand rises, Africa's large areas of uncultivated land increasingly attract investors around the globe. What policies and investment models will transform Africa's arable land into fertile ground for inclusive growth? - Governance - Financing mechanisms - Food value chains This session is linked to initiatives and communities of the Forum. Lisa Dreier is available to brief participants. Africa's Talent: From Universal to University Education With an enrolment rate of 6% and 40% of faculty positions vacant, higher education remains a stumbling block in the continent's quest for strong and sustained growth. How can coverage, quality and relevance of higher education be radically enhanced? - Academic institutions - Business partnerships - Regional and international cooperation IdeasLab IdeasLab with Global Changemakers: Empowering Communities Presentations and in-depth group discussions will focus on: Idea 1: Community-based projects that solve global issues Idea 2: Green and global solutions for a shared planet Idea 3: Developing young entrepreneurs, developing Africa Idea 4: Skills for life: empowering girls through education Idea 5: Growing local farmers; de-rooting poverty This session is open to participants only. Reporting restrictions apply. 8 / 16

9 MENA Update: Implications for the African Continent Some have compared the historical implications of the revolutions sweeping over North Africa and the Middle East with the French revolution or the fall of the Berlin Wall. How will fast-moving developments in the Middle East and North Africa reshape political agendas on the African continent? - Macroeconomic and business implications - Political stability and reform - Inclusive growth TV Debate Building South-South Relations Despite long-standing commercial ties with Europe, Africa now conducts half its trade with developing economic regions. How will deepening South-South relations drive development and growth in Africa? - Opportunities and risks - BRICSA implications - Development models Simultaneous interpretation in French. Unlocking Small to Medium Size Enterprises Small to medium size enterprises (SMEs) represent more than 90% of all businesses in Africa and constitute the main source of jobs and income for the poor. How can the productivity and scale of these enterprises be increased? - Financing mechanisms - Business environment - Education and training - Informal economy WorkStudio 9 / 16

10 Africa's Women: Five Challenges, One Solution Closing gender gaps is shown to be positively correlated with growth and competitiveness. How, in practice, can empowering girls and women positively impact five key challenges facing the African continent? This workshop will address the following dimensions: - Economic growth - Entrepreneurship - Education - Health and population growth - Leadership This session is linked to initiatives and communities of the Forum. Saadia Zahidi is available to brief participants. This session is open to participants only. Reporting restrictions apply. Impact Investing -- Balancing the Bottom Line Over the next decade, impact investing in clean water, energy and education could hit the US$ 1 trillion mark. How can investments be structured to help social ventures improve financial performance while maximizing social impact? - Aligning investor expectations - Strengthening organizational capacity - Measuring impact Power of Image Visual channels of communication are increasingly powerful in reaching the masses in Africa and around the globe. How are images influencing thinking and behaviour in an increasingly interconnected world? More Voting, Less Democracy? Despite a surge in local, regional and national elections over the last decade, recent election outcomes show that the power of the people to bring about change at the ballot box is limited. Is democracy failing in Africa? - Vote versus voice - Power sharing - Alternative models 10 / 16

11 IdeasLab IdeasLab on Building Institutions in Africa Presentations and in-depth group discussions will focus on: Idea 1: Writing constitutions in post-conflict Africa Idea 2: Formalizing the informal economy Idea 3: Rethinking regional economic integration Idea 4: Controlling corrupt corporations This session is open to participants only. Reporting restrictions apply. Jump-starting Job Creation Between 2010 and 2015, the number of youths living in sub-saharan Africa is expected to increase by almost 20 million. How can business and government jointly create an enabling environment to jump-start job creation? - Labour market policy - Education and training - Role of business Simultaneous interpretation in French. Infrastructure -- The Trillion Dollar Opportunity Over the next 20 years, additional investments of about US$ 50 billion per year are required to meet Africa's basic water, power and transportation needs. How can private investment be accelerated to close this gap? - Financing mechanisms - Public-private partnerships Plenary Session 11 / 16

12 Innovative Partnerships for Development The G20 Seoul Consensus for Shared Growth reiterates the role of business as an enabler of development in low-income countries. How can effective partnerships with the business community be created and scaled to unlock Africa's development potential? - Trading comparative advantage - Resource generation - Collective learning - Risk sharing Transfer to the Soirée Soirée/Mokete On Thursday 5 May you are invited by the World Economic Forum and the Government of South Africa to a spectacular soirée at the Greenpoint Stadium where you will discover the art, people and culture of Africa. The past is like water under the bridge, but if you come on this journey, you will look towards the future with bright new eyes. Transfer to Hotels 12 / 16

13 Friday 6 May Water for a Growth-Thirsty Region Africa's expanding economies and growing populations are accelerating the competition for water to ensure food security, industrial growth, energy generation and human consumption. How can government and business collaborate to mitigate such trade-offs? - Energy production - Agricultural efficiency - Governance challenges This session is linked to initiatives and communities of the Forum. Dominic Waughray is available to brief participants. Technology Update: The Next Leap Forward Africa now has more than half a billion mobile phone users and remains one of the world's fastest-growing regions in telecommunications. What innovations, business models and technologies will drive Africa's next leap forward? - Mobile technology - Health technology - Low-carbon technology - Education technology Bridging Borders -- Fostering Regional Integration Intra-Africa trade remains low at 10%, compared with 40% for North America and 60% for Western Europe. How can political will and investment in cross-border infrastructure help expedite greater regional integration? - Infrastructure and trade facilitation challenges - Intra-trade and investment opportunities - Economies of scale - Policies and public-private partnerships 13 / 16

14 The Future of China-Africa Relations China is now the biggest source of foreign direct investment on the continent and absorbs about 10% of its exports, up from less than 2% a decade ago. Will strong relations with China be a growth differentiator for Africa's economies? - Trade - Investment - Geopolitical implications - Social implications Simultaneous interpretation in French. IdeasLab IdeasLab with the London School of Economics and University of Cape Town: Sustaining Africa's Growth Path Expert presentations and in-depth group discussions will focus on: Idea 1: Sustaining the economic turnaround Idea 2: Dealing with geography and geology Idea 3: Managing rapid urbanization Idea 4: The backlash against AIDS funding This session is open to participants only. Reporting restrictions apply. WorkStudio The South Africa Outlook: A Conversation Strong business, effective governance and social and political cohesion are cornerstones of prosperity and competitiveness. How can South Africa's stakeholders in business, government and civil society align to advance the country's national, regional and global growth agenda? - Policy coordination - Regional integration - Leveraging BRICSA This session is open to participants only. Reporting restrictions apply. 14 / 16

15 Africa's New Consumer In 2000, the continent counted 60 million middle class households; by 2014, this figure is expected to double. How is Africa's emerging demand driving trends in the consumer and financial industries, and what are the implications? - Domestic industries - Multinational corporations - Environmental and social implications Financial Market Outlook Africa's financial markets, from banking to private equity, are booming and attracting global capital. What are the key strategies and main drivers of growth in this sector? - Market liberalization - Regulation and governance - Product offering and innovation - Risk management Healthy People, Healthy Business Africa's infectious and chronic disease burden impedes growth and prosperity for businesses and society at large. How are corporate programmes and innovative partnerships sustaining healthy businesses with healthy people? - Corporate health schemes - Public-private partnerships - Market for health products and services From Megacities to Mega-opportunities? By 2030, the 18 largest cities on the African continent will have a combined spending power of US$ 1.3 trillion. How can the needs of a growing urban community create opportunities for investment and growth? - Infrastructure and energy - Social challenges - Business opportunities 15 / 16

16 Plenary Session Africa's Next Chapter Strong progress in and across many African countries leads to predictions of an economic take-off much like in China 30 years ago and in India 20 years ago. What concrete steps can leaders take to turn this vision into action? Simultaneous interpretation in French. Farewell Lunch 16 / 16

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