IGD Frontier 100 Forum to Highlight Role of Africa’s Private Sector in Fueling Job Creation and Development Progress

Categories: Featured , IGD Frontier 100 Forum , IGD News , Press Releases

Top African and international business leaders to meet for Frontier 100 Forum in Nairobi, Kenya

 

WASHINGTON D.C. – African and global business leaders will gather for the Initiative for Global Development’s Spring Frontier 100 Forum on May 13-14, in Nairobi, Kenya. Under the theme, Engines of Growth: Powering African Companies to Create Employment and Accelerate Development”, the forum will focus on how African companies and multinational corporations can drive job creation and capitalize on today’s business environment for growth.

The Initiative for Global Development (IGD) is a U.S.-based organization that engages an influential network of global business leaders in creating sustainable growth and poverty alleviation through strategic business investment.

The Frontier 100 Forum is an exclusive, invitation-only biannual event that convenes the IGD Frontier Leader Network, a network of CEOs and senior executives from U.S., African, European and South Asian companies operating in Africa. More than half of IGD Frontier Leaders hail from the African continent.

Dr. Kandeh Yumkella, a leading Sierra Leonean agricultural economist and former United Nations official, will be a keynote speaker at the forum. Dr. Yumkella previously served as Special Representative for Sustainable Energy for All and Director General of UNIDO.

“The African region is experiencing unprecedented economic growth and Africa’s homegrown companies are at the center of that growth, creating more than 80 percent of jobs on the continent,” said Dr. Mima Nedelcovych, IGD’s President & CEO.

“The Frontier 100 Forum will bring together global business leaders and leading economists to address how to advance economic growth to bolster employment opportunities through greater investments in growth sectors, industrialization, as well as regional cooperation,” said Nedelcovych.

The Forum will open with an afternoon session on May 13, on trade promotion and facilitation. The half-day session, Achieving Inclusive Growth Through Greater Trade Opportunities, will uncover the details on how African companies can take full advantage of trade opportunities to boost their export potential and drive Africa’s economic transformation.

The two-day forum is designed to encourage business leaders to offer insight, collaborate, and identify bold, action-oriented strategies to promote a business-driven development agenda on the African continent.

Forum sessions will range from strengthening Africa’s private sector to fuel job creation, harnessing the current global business climate for growth, industrialization and matching African companies with multinational corporations to build supply chains.

Acha Leke, ‎Director at McKinsey & Company, South Africa will reveal the latest findings from Lions on the Move II report. McKinsey & Company’s first Lions on the Move report highlighted the tremendous progress and potential of African economies, including drawing attention to how Africa’s economic growth is creating substantial new business opportunities.

The Forum will also launch report findings from IGD reports, including work with the Rockefeller Foundation on the Yieldwise initiative to tackle post harvest loss and the summary of impact assessment with the Niger Delta Partnerships Initiative.

With the fast-growing working age population in Africa projected to increase by 70% or about 793 million by 2030, according to the International Labour Organization (ILO), the Forum will address how to build a skilled workforce and absorb Africa’s “youth bulge” to meet the needs of an expanding workforce.

The Dangote Group and Orrick are co-sponsors of the Frontier 100 Forum.

Media partners include Africa Investor magazine, Africa.com, Africa Business Central, Media Insights and Face2Face Africa.

For more information, visit http://forum.igdleaders.org. Follow us on Facebook and Twitter. The event hashtag is #Frontier100.

 

CONTACT:  Shanta Bryant Gyan * Initiative for Global Development *  shanta@sbgcommunications.com * 202-412-4603

 

ABOUT THE INITIATIVE FOR GLOBAL DEVELOPMENT (IGD)

The Initiative for Global Development (IGD) is a Washington, DC-based nonprofit organization that engages and harnesses the power of the private sector to create sustainable growth and alleviate poverty in Africa. IGD brings together an influential Frontier Leader network of CEOs and senior executives from leading African and global companies to catalyze greater business investment and impact on the continent. For more information, visit www.igdleaders.org.

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