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Wed,22Nov2017

private sector

South Africa's industrial policy is bearing fruit

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South Africa's trade and industry minister Rob Davies​ speaks to The Africa Report about developing regional value chains and the importance of the state’s role in getting positive social and economic outcomes from the private sector​.

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Sierra Leone: Weaning banks off government finance

Sierra Leone's small businesses may be the winners. Photo©Daniel Wallis1/ReutersA halt on state borrowing should force banks to start offering cheaper loans to the struggling private sector.

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Sierra Leone's private sector rushes to fill the void as dam disappoints

Bumbuna Dam, 35 years in the making, has been riddled with problems since opening in 2009/Photo©Katrina Manson/reutersPoor management and weak infrastructure mean that the government and companies are relying on independent projects to meet electricity demand.

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Asia shows the way to industrialise, says UNECA

On the Zambian copperbelt, government has created industrial clusters to add value to the raw material produced, but take-up is slow©JEAN-CLAUDE COUTAUSSE / DIVERGENCEThe UN body's 2013 report says lessons can be learnt about value addition and the state's role in creating the right environment for private-sector investment.

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Africa: Business leads the way

World Bank figures show that the continent has boosted its gross reserves from $82.9m in 2003 to $301.5m in 2012/Photo©Getty ImagesPolitical instability, lack of financing, weak infrastructure: the African private sector still has several stumbling blocks to overcome. It is therefore essential that it ensures a stable growth benefiting the largest number of people.

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South African infrastructure development for growth

Photo©SIPAThe ambition is daunting and the financing needs are stratospheric, yet South Africa's $100bn infrastructure programme – with a mix of state and private sector funding – is edging towards reality.

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Tokyo pushes Africa's private sector

Driven by demand from its African trading partners, the Japanese government is looking for new ways to get the private sector involved in its African economic initiatives.

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Private sector corruption

What is private sector corruption? A flippant answer would be anything that the losing party in a job or tender selection process says it is, since there is that old saying that one person's corruption (or patronage, nepotism) is another's rightful meritocracy!

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Ghana to become net exporter of electricity

Ghana is seeking private sector participation in the management and distribution of electricity/Photo/reutersGhana is improving its power generation, transmission and distribution capacities to become a net exporter of electricity in the West African sub-region by 2015.

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Idit Miller, EMRC VP: Africa needs more regional collaboration

Idit Miller, EMRC International Vice President and founding member, speaks to The Africa Report about how the business of agriculture must be carried through by Africa's small scale farmers, if it is to be successful, and why the private sector and governments must wake up to this reality.

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Events

 24thAfrica Oil Week
23-27 October 2017 | Cape Town, South Africa - http://www.africa-oilweek.com
 altThe 24th Africa Oil Week 2017 Conference & Exhibition provides the most trusted platform worldwide; bringing together governments, national oil companies, corporate players, independents and financiers with support from service and supply operators shaping Africa's oil, gas and energy future. The conference portrays five days of content-rich senior level executive insights, finance and investor outlook, exposure of Africa-wide state and/or private acreage opportunities, transaction and/or new venture assets and potential, exposure of Africa-wide state and/or private acreage opportunities, exploration and production developments, industry strategies and portfolio, wand an overview of Africa’s hydrocarbon future; regarded for its high level participation, intimate networking and on-site deal-flow. Annually, more than 1,250 corporate and influential leaders and thinkers from every continent attend the flagship Africa Oil Week that attracts a key oil and gas audience to Cape Town, offering a content driven program, quality industry exhibition and five star networking opportunities.
   
 Africa Com - 20th anniversary
7-9 November 2017 | Cape Town, South Africa - https://tmt.knect365.com/africacom
 altThe largest African Telecoms, Media and Technology event in the World: 13,000 attendees, 450 exhibitors & 400 visionary speakers from across the entire digital ecosystem.
   
 CAIF: China-Africa Investment Forum
27-28 November 2017 | Marrakesh, Moroccol - http://www.chinaafricainvestmentforum.com
 altEvery year, the China-Africa Investment Forum brings together the main stakeholders of trade and investment between China and Africa for two days of conferences and business meetings.
An exceptional networking platform, the China-Africa Investment Forum has been designed to strengthen relations between Chinese and African businesses and promote the forging of high value business partnerships, particularly in the industrial sector. 

Two days to discuss: • China-Africa cooperation: stakes and prospects for companies • African strategies to improve industrial competitiveness • Partnerships and investments to strengthen Africa’s production capacity • Morocco’s industrial acceleration plan – is this model exportable?
High level delegates: • Managers of big African and Chinese companies • The most active investors, bankers and financiers in Africa • Key public policymakers (economy, industry, etc.) • Directors of international financial institutions
Seize promising business deals: • Increase your contacts amongst your Chinese and African counterparts • Identify the most profitable markets and sectors • Enter commercial, technical and financial partnerships • Define a new vision for African industry
   
 Oil & Gas Council - MSGBC Bassin Summit and Exhibition
27-29 November 2017 | Dakar, Senegal - http://www.oilandgascouncil.com/conference/msgbc
 altStretching from Guinea to Mauritania, the MSGBC Basin has firmly established itself as a world-class petroleum resource in the last few years with major discoveries including the world's largest and second largest discoveries in 2014, 2015 and 2016 (in conjugate basin, Liza). With the full support of the Ministry of Energy (MEDER) and Petrosen, the MSGBC Basin Summit & Exhibition provides a valuable opportunity for anyone interested in West Africa, to develop a solid understanding of the prospects that exist in some of the world's most exciting plays. The latest industry updates will provide valuable insights, while Governments and NOCs across the North West African Atlantic Margin will gather to outline their industry development strategies, including details of the latest seismic surveys and timelines for bidding rounds. The Summit also provides a platform for countries in the region to outline their regulatory environments, technological requirements and local industry growth targets that are vital for international stakeholders to manage their investment decisions.
   
 Africa 2017 - Business for Africa and the World
7-9 December 2017 | Sharm El Sheikh, Egypt - https://www.businessforafricaforum.com
 Africa2017 logo150150Africa 2017 Forum is held under the high patronage of H.E. Abdel Fattah Al Sisi on 7th to 9th December 2017 in Sharm El Sheikh, Egypt, and is organized by the Ministry of Investment and International Cooperation of Egypt and the COMESA Regional Investment Agency (RIA). 

The 2017 edition builds on the success of the inaugural Africa 2016, which saw participation of 6 Heads of State and more than 1,000 delegates from 45 countries. This year the programme has been enhanced with exclusive Presidential Roundtables with Africa leaders and CEOs as well as a Young Entrepreneurs Day. 

Africa 2017 remains the premier business platform to nurture new partnerships; meet investors and fast track your business objectives in Africa. Take your place and belong in the conversation that will drive new projects, transactions and policy throughout the continent with global business leaders who will lead both dialogue and progress on some of the most important projects in Africa.

   
 Energy Council - West Africa Energy Assembly
January 2018 | Lagos, Nigeria - http://www.oilandgascouncil.com/conference/west-africa
 altA Major International Energy Investment Forum for West Africa. In January 2018 we look forward to returning to Lagos, for the third annual West Africa Energy Assembly. Once again we will be welcoming senior executives working in West Africa's Energy sector for pragmatic discussions on how those in the industry can work together to overcome challenges within the market. The West Africa Energy Assembly remains a must-attend energy event for thought leadership, market insight and high-end C-level networking. Whether you are looking for farm in partners, farm out partners, capital investment, financing, advisory work, business partners, or simply want to learn about the opportunities in the sector and expand your business network, this West Africa Energy conference is designed to deliver it all.

   
 

New links in the value chain

altReturning members of the diaspora and local businessmen are injecting much-needed investment into the country’s weak private sector     

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Africa's future and the World Bank's support to it

altOn the day the World Bank announces its new Africa strategy, its chief economist for the Africa region, Shantayanan Devarajan, sets out the Bank’s thinking.


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Interview: Shanta Devarajan, World Bank chief economist for Africa

altIn this wide-ranging interview Shanta Devarajan talks about the legacy of structural adjustment programmes and conditionality, liability for when programmes go wrong and the latest from the ongoing review of the World Bank's Africa policy.      

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