PROGRAM China-Africa Investment Forum November 27 & 28 Marrakesh - Morocco CHINA-AFRICA: STARTING THE NEW CHAPTER OF THE ECONOMIC PARTNERSHIP In less than 20 years, China became Africa s first economic partner. Its commercial transactions with the continent (190 billion dollars in 2016) are today more important than those with India, France, and the United States put together. They increased in average of 20% per year. About 10 000 Chinese companies are active in Africa in different sectors: industry, services and construction. Even though these figures are impressive, the relation between China and Africa still has a considerable growth potential ; a new chapter of the economic partnership, balanced and beneficial for everyone, is about to start. To encourage Chinese initiatives in new growth sectors in Africa, co-production and local industrial sourcing, identify the common interests between China s investing strategies and the economic priorities in Africa, create the financial and judicial environment that will encourage trade and industrial success stories, are part of the conditions that need to be fulfilled to exploit fully the potential of the relation China-Africa. These are the themes at the heart of the program of this new CAIF edition. 24/10-1
Monday, November 27 th, 2017 09.00-09.30 OPENING CEREMONY Xin Wang, master of ceremony Speeches : Marwane Ben Yahmed, Managing Editor, Jeune Afrique Zhang Guobao, former Vice Chairman of the National Development and Reform Commission, China Moulay Hafid Elalamy, Minister of Industry, Investment, Trade and Digital Economy, Morocco CHINA-AFRICA: PRIORITIES AND NEW DEVELOPMENT FRAMEWORKS 09.30-11.00 As the first economic partners of Africa, Chinese investors are present in every sector, be it traditional or innovative. However, the relation between China and Africa still hasn t reached its full potential as underlined by a Mc Kinsey survey that estimated that the incomes generated in Africa by Chinese companies could increase by 144% by 2025. What are the actual obstacles to this and how to overcome them? Will the One Belt One Road initiative (OBOR), presented as a unique occasion to accelerate Chinese investments in the world, and particularly in Africa, make this relation evolve? Key Points: Investing in new growth sectors, accelerate industrialization, encourage the skills transfers What priorities for Chinese and African stakeholders? Framework, realizations and projects. Presentation of the OBOR initiative in Africa. How to integrate African economic operators to the OBOR projects? What skills, what funding? 11.00-11:30 Break CHINA, THE INDUSTRIAL ACCELERATOR OF THE AFRICAN CONTINENT? 11.30-13.00 With more than one billion people and a competitive labor cost, Africa represents the future of industry and the perfect place for welcoming the Chinese industry, at a time when the world value chains are evolving. However, the Chinese only source 47% of their inputs locally, and examples of co-productions are still unusual, due to high costs and an industrialization that is still too low. Has Africa that needs to accelerate its industrialization, found in China its ideal economic partner? Key Points: The contribution of China in African industrialization: success stories. Special economic zones, industrial parks, strategic sectors, subsidies, protectionism What industrial politics for effective China-Africa partnerships? How to guarantee skill and technology transfers? 13.00-14.30 Networking lunch 24/10-2
INVEST IN AFRICA: TRENDS, SCOPE AND ENTRY DOORS 14.30-16.15 Even if China is the first international investor in Africa, sino-african partnerships still have strong potential development. Africans expectations, Chinese interrogations need to align for the growth to be mutually benefiting. Morocco, which signed in 2016 fifteen strategic agreements with China and has a particular relation with the rest of the African continent, can play a strategic link role. How to better align the African expectations with Chinese investors interests? How can Morocco position itself as the crossroad for Chinese investments in Africa? How to build a shared future, prosperous for everyone? Key Points: Invest in Africa to guarantee a sustainable and inclusive development Morocco, a vital partner for the industrial and financial development between China and Africa? Invest in Africa : answer the questions of the Chinese investors 16.15-16.45 Fashion Show 16.45-17.45 Networking break 16.45-17.45 BANKING ROUNDTABLE : THE NEW ENTRIES TO THE AFRICAN BANKING MARKETS 19.00-22.00 Cocktail reception (Mandarin Oriental, convention centre) 24/10-3
Tuesday, November 28 th, 2017 WHAT KEY PLAYERS AND FINANCIAL TOOLS TO SERVE THE COOPERATION CHINA-AFRICA? 09.00-10.15 Investment funds, sovereign funds, public and private banks Many key players that intervene in Chinese and African sectors exist. They enable the African and Chinese companies to better run their investments, the African States to meet their funding requirements but still are hard to identify and involve. What are the traditional and innovative funding tools for the relation China-Africa? How to make them accessible and efficient? Key Points : The financial institutions (AIIB, Silk Road Fund, BRICKS Bank, China-Africa Fund): how to request them? What are their characteristics in comparison to the traditional investors in Africa? Fintech: how can innovative funding help the Chinese-African investments? Arbitration tribunals meeting the ISO and CSR standards; what judicial environment to encourage the Chinese-African investments? 10.15-10.30 Break CHINA, THE IDEAL PARTNER TO FILL THE INFRASTRUCTURE DEFICIT? 10.30-11.30 The infrastructure deficit costs Africa 2% of its growth every year, according to the Global Bank. To catch up, 93 billion dollars would be necessary per year. An inclusive growth and the insertion in a globalized economy will necessarily require the development of transport industry, energy industry, and particularly ICT sector. With a capital estimated to 3000 billion dollars, the Chinese invest massively in the continent s infrastructures, while transferring expertise and technology. Even if they are immediately beneficial, these investments generate interrogations to African and Chinese key players. Key points : Scale and localization of the infrastructure funding by China Financial dependency, counterparties, adaptability and coherence of the projects; questions and risks of Chinese investments in infrastructure. Logistic and transports, energy, ICT; what priorities for the African continent? 11.30-11.45 Break RENEWABLE ENERGIES: WILL CHINA LEAD AFRICA? 11.45-12.45 According to the International Energy Agency, half of Sub-Saharan Africa s new energic capacities stem from Chinese companies. They mainly come from renewable energies, a sector in which China invested massively since 2014. Given the needs (more than 600 million African people still don t have access to electricity), the technological and infrastructure challenges, and when an innovation and cooperation alliance was just created, are Chinese investors the ideal partners? Key Points : 24/10-4
Smart grids, micro-plants, construction and facility operations: overview of the cooperation China-Africa and key players. Respecting Chinese standards in Africa, funding solutions to enable a better cooperation China-Africa. How to reinforce the implication in preliminary survey, call for tenders, funding? 11.45-12.45 ROUNDTABLE HEALTH : THE PHARMACEUTICAL INDUSTRY AND THE MEDICAL COOPERATION BETWEEN CHINA AND AFRICA 12.45-14.30 Networking lunch SHARED GROWTH: REINFORCE THE RELATIONS BETWEEN AFRICA, CHINA AND EUROPE 14.30-15.30 Partnerships between Europe China and Africa aim at putting the African continent s economic growth in a multilateral frame, and at gathering the forces of each partner. The creation of a France-China fund to finance the Franco-Chinese projects corresponds to this will. With 300 million euros that could be increased to 2 billion euros it is jointly managed by the Chinese sovereign fund CIC and the French Caisse des Dépôts. Is this model going to be developed and what are its advantages? Key points: Tripartite cooperation Europe-Chine-Africa: partners and projects. What governance and what political, judicial and economic perspectives in this new form of cooperation? Is this tripartite model going to grow? What does it bring to the relation China- Africa? 12.45-14.30 Networking lunch 14.30-15.30 ROUNDTABLE AGRO-INDUSTRY: CHINA, DRIVER FOR GROWTH AND MODERNIZATION OF AFRICAN AGRICULTURE? 15.30-16.00 Networking break AFRICA-CHINA PITCHING SESSIONS 16.00-18.00 18.00-18.30 Facing an audience of 150 Chinese investors, representing all the different economic sectors, Heads of African public and private companies will submit their projects, in the form of Investment pitches. They will explain the nature and the progress reports of their projects, the investments format as well as their amounts. It will enable the Chinese investors and the African project holders to form concrete and prosperous partnerships. CLOSING REMARKS Master of Ceremony: Xin Wang Speeches : Moulay Hafid Elalamy, Minister of Industry, Investment, trade et de and digital economy, Morocco 24/10-5
18.30-20.30 CLOSING COCKTAIL RECEPTION FOUR SEASONS 24/10-6