There is growing optimism about economic development in Africa, particularly view from the apparent transformative role of globalization. Proponents of the idea of a global free market argue that the process of globalization holds the potential of transforming states in Africa, and reducing their economic and political dependence. The optimism about the potential for Africa’s growth and development has attracted attention outside of the continent. In 2005, The British Prime Minister Tony Blair set up a Commission for Africa. The global campaign to “Make Poverty History” was directed heavily at the continent of Africa. Angela Merkel and Germany’s dual presidency of the EU and G8 in 2007 sought to keep Africa on the development agenda by calling for ‘strengthening of partnership between Africa, Germany, the European Union and the Group of 8 Industrialized Countries. Africa itself has put forward various initiatives from the Lagos Plan o Action in 1980 to the NEPAD. The pace of economic transformation and the challenges facing the continent suggest that the commentaries and initiatives about the continent are but rhetoric.Africa needs to go beyond the expression of commentaries and the formulation of initiatives to real action.
Beyond the rhetoric there is now an urgent need for action and AGEC is committed to actively engaging in catalyzing solutions for addressing Africa’s growth and development challenges. In this regard, AGEC has initiated the following flagship strategic activities:
- Africa Influencers Roundtable
- Africa 2063 Marketplace
- Africa Economic Growth Forum
- Africa Technovate Summit
AGEC inspire confidence by promoting the positive dimension of Africa’s trajectory of development. In catalyzing solutions and promoting the positive dimension of Africa’s development, AGEC will focus on three programme areas namely:
- Advisory Services