LIVE: DAY 1 | Part 1: Bloomberg #NewEconomyGateway Africa
DAY 1
Welcome to Day One of the inaugural Bloomberg New Economy Gateway Africa. Tune in to the livestream at 10:00 AM GMT+1 to watch leaders from the public and private sector discuss Africa’s infrastructure potential, clean energy, the business of sports and healthcare challenges.
Day 1 Highlights | Investing in Sustainability and Resilience
10:30 AM GMT+1
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?
12:25 PM GMT+1
Putting Private Capital to Work in Africa
The good news: Foreign direct investment in Africa reached a record $83 billion in 2021. The bad news: Africa is still drawing only 5.2% of global FDI. It’s hardly for a lack of projects; there are innumerable opportunities to generate returns in Africa. So what’s holding back private capital? What can governments do to incentivize investors? How do funds find their way beyond the largest companies to SMEs? Who’s had success investing in Africa and why?
3:00 PM GMT+1
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.
Get the Full Agenda: https://assets.bbhub.io/media/....sites/25/2023/03/Blo
For the full Bloomberg New Economy event calendar: https://www.bloombergneweconom....y.com/gateway-africa
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