These included the impact of a slowing global economy, rising food and energy prices, supply-chain shocks, tightening financial conditions and the growing risk of distress among sovereign borrowers.
The pieces of the puzzle seem to fit together perfectly: 1) tap Africa’s potential for solar, wind, and geothermal energy 2) build out electricity grids to distribute it 3) meet the continent’s fast-growing demand for affordable and sustainable power 4) emit little to no additional carbon in the process.
Several countries, including Cameroon, Gabon, Kenya, Morocco and Namibia, are getting there with a range of clean-energy initiatives. Closing the gap requires a combination of clear policies, foreign investment and international support.
In a world powered by green energy, Africa should be a superpower. It has 30% of all known mineral reserves, including major deposits of cobalt, manganese, copper, nickel, graphite, platinum and lithium. Yet Africa is capturing little of the wealth created in the shift to clean electricity. Will nearshoring and new supply chains tilt the balance in Africa’s favor? Will it move up the value chain or remain relegated to raw-materials supplier?
13/06 Spotlight on Pan-Africanism
- Wamkele Mene, Secretary-General, African Continental Free Trade Area (AfCFTA) Secretariat
- Moderated by David Malingha, East Africa Bureau Chief, Bloomberg News
13/06 Seizing Africa’s Infrastructure Potential
Nothing could do more to accelerate trade and economic growth in Africa
than infrastructure. Without it, the enormous potential in agriculture,
renewable energy and raw materials can’t be fulfilled, and goods and
labor can’t flow freely enough. What’ll it take to build the roads, ports,
dams and pipelines that Africa so desperately needs?
- Firestarter: Claudine Uwera, Minister of State in charge of Economic Planning in the Ministry of Finance and Economic Planning, Republic of Rwanda
- Ayaan Zeinab Adam, Senior Director and Chief Executive Officer, AFC Capital Partners, Africa Finance Corporation
- Hamza Kabbaj, Director-General, Société Générale des Travaux du Maroc (SGTM)
- Moderated by Arijit Ghosh, Managing Editor - Africa, Bloomberg News
13/06 Spotlight on Sustainable Development
- Alain Ebobissé, Chief Executive Officer, Africa50
- Moderated by Arijit Ghosh, Managing Editor - Africa, Bloomberg News
13/06 Realizing Africa’s Clean Energy Potential
The pieces of the puzzle seem to fit together perfectly: 1) tap Africa’s potential for solar, wind, and geothermal energy 2) build out electricity grids to distribute it 3) meet the continent’s fast-growing demand for affordable and sustainable power 4) emit little to no additional carbon in the process.
Several countries, including Cameroon, Gabon, Kenya, Morocco and Namibia, are getting there with a range of clean-energy initiatives. Closing the gap requires a combination of clear policies, foreign investment and international support.
- Leila Benali, Minister of Energy Transition and Sustainable Development, Kingdom of Morocco
- Otmane Benamar, Chief Technology Officer, Gas Power Europe, Middle East & Africa, part of GE Vernova
- Caroline Eboumbou, Chief Executive Officer, All On
- Martin Ewald, Managing Director and Lead Portfolio Manager, Impact Investments, Allianz Global Investors
- Moderated by Antony Sguazzin, Reporter, Bloomberg News
14/06 The Next Generation: Can Africa Be a Global Talent Hub?
Nowhere do youth education and employment pose a bigger challenge than in Africa. Already, 70% of the sub-Saharan population is under 30. Many leaders in government and business recognize the need for training to ensure this next generation is equipped with a competitive skillset. Who is showing the way forward? Where are such programs making a difference with tangible results? Which industries offer the best opportunities for job creation?
- Roberta Annan, Managing Partner, Impact Fund for African Creatives and Annan Capital Partners
- Elizabeth Rossiello, Chief Executive Officer and Founder, AZA Finance
- Brian Tippens, Senior Vice President and Chief Social Impact Officer, Cisco Systems, Inc.
- Moderated by Amogelang Mbatha, South Africa Bureau Chief, Bloomberg News
14/06 Mine Your Business: Building Value from the Green Transition
In a world powered by green energy, Africa should be a superpower. It has 30% of all known mineral reserves, including major deposits of cobalt, manganese, copper, nickel, graphite, platinum and lithium. Yet Africa is capturing little of the wealth created in the shift to clean electricity. Will nearshoring and new supply chains tilt the balance in Africa’s favor? Will it move up the value chain or remain relegated to raw-materials supplier?
- Samuel A. Jinapor, Minister for Lands and Natural Resources, Republic of Ghana
- Josephine Wapakabulo, TIG Africa and Downforce Technologies
- Moderated by Kwasi Ampofo, Head of Metals and Mining, Bloomberg NEF
14/06 Leapfrogging the West? The Promise of Fintech in Africa
- Alfred F. Kelly, Jr., Executive Chairman, Visa
- Moderated by Erik Schatzker, Editorial Director, Bloomberg New Economy
14/06 Powering Resilience: Climate Adaptation and Mitigation
At COP15 in Copenhagen, rich countries promised to mobilize $100 billion a year by 2020 for climate action in the developing world. To date, they’ve never met the target. Africa, arguably the continent most at risk because of climate change, can’t afford to wait. Are there ways to hold advanced economies more accountable? What can nations do themselves to speed adaptation and mitigation? Where is action needed most?
- Ekhosuehi Iyahen, Secretary General, Insurance Development Forum (IDF)
- Eugenia Kargbo, Chief Heat Officer, Freetown, Sierra Leone
- Hannah Wanjie Ryder (picture), Chief Executive Officer, Development Reimagined, an award-winning international development consultancy with headquarters in China, and offices in Kenya. Senior Associate (Non-Resident), Africa Program Senior Associate (Non-Resident), Africa ProgramCenter for Strategic and International Studies (CSIS, London)
- Kaddu Sebunya, Chief Executive Officer, African Wildlife Foundation
- moderator Bloomberg's Antony Sguazzin
14/06 Food Security: Building a Self-Sufficient Food System
Africa’s long struggle with hunger, undernourishment and famine need no
introduction. Yet after decades the continent is no closer to self-sufficiency
in food. If anything, Russia’s war in Ukraine has exposed a continued
dependency on imports of grains and other foodstuffs. Handouts won’t
solve the problem. Africa has the capacity to fertilize, grow and process
what it needs. What’s missing? Who’s standing in the way of progress?
- Fatmata Binta, Executive Chef, Dine on a Mat and Founder, Fulani Kitchen Foundation
- Tatika Catipay, Chief Operating Officer, Degas Ltd.
- Sara Menker, Founder and Chief Executive Officer, Gro Intelligence
- Moderated by Jennifer Zabasajja, Correspondent, Bloomberg Television
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