AFP, Kigali :
Hammered by plunging commodity prices, Africa’s political and business leaders meet for three days from Wednesday to discuss diversification and entering the digital economy to kickstart growth.
The World Economic Forum on Africa opens in the Rwandan capital Kigali on the heels of its bigger avatar in the chic Swiss resort of Davos which stressed the need to shift to the digital era.
“This is an opportunity for us also to consider what this means in the context of Africa, with ongoing opportunities and challenges,” said Elsie Kanza, WEF’s Africa head.
Africa, the world’s poorest continent, is a major source of raw materials for more developed economies, including China which has tapped its resources to power its economic juggernaut.
“The key question here is what are the new industries that can be created by Africans?” Kanza said.
Hammered by plunging commodity prices, Africa’s political and business leaders meet for three days from Wednesday to discuss diversification and entering the digital economy to kickstart growth.
The World Economic Forum on Africa opens in the Rwandan capital Kigali on the heels of its bigger avatar in the chic Swiss resort of Davos which stressed the need to shift to the digital era.
“This is an opportunity for us also to consider what this means in the context of Africa, with ongoing opportunities and challenges,” said Elsie Kanza, WEF’s Africa head.
Africa, the world’s poorest continent, is a major source of raw materials for more developed economies, including China which has tapped its resources to power its economic juggernaut.
“The key question here is what are the new industries that can be created by Africans?” Kanza said.
