Kagame in Brazzaville for the Fifth Investing in Africa Forum

By IGIHE
On 10 September 2019 at 12:32

President Paul Kagame has arrived in Congo Brazzaville where he joins other African Heads of State and Government for the Fifth Investing in Africa Forum (IAF) themed "Leveraging Partnerships for Economic diversification and Jobs Creation in African Economies.", the office of the Presidency has tweeted.

Held between September 10-12, 2019, the fifth IAF will examine how best to support economic diversification and job creation in African countries, take stock of progress and achievements, and chart a path forward.

Participants will have an opportunity to share relevant experiences in leveraging private sector investment alongside public sector efforts to boost economic activity and job creation.

Sessions will be organized around five pillars: Human Capital Development; The Digital Economy and Innovation; Public-Private Partnerships and Investment Climate; Industrialization and Global Value Chains and Climate-Smart Energy Solutions.

The IAF was established in 2015 as a global platform to promote multilateral cooperation and investment opportunities in Africa. Private and public sector representatives from China and Africa, international and regional institutions, development partners and think tanks come together on an annual basis to deepen policy dialogue, share experiences, and discuss business opportunities to boost investment and sustainable development in the continent.

The first four editions of the IAF demonstrated that cooperation between China and Africa is mutually beneficial and supports countries’ development strategies.

The first IAF was held in Addis Ababa, Ethiopia, in June 2015, under the theme Partnering to Accelerate Investment, Industrialization, and Results in Africa.

The second IAF took place in Guangzhou, China in September 2016, and focused on Experience Sharing and Investment Promotion, Building Complementarities and Shared Prosperity.

The third IAF, Leapfrogging through Innovation, took place in Dakar, Senegal in September 2017, and made the case that business, as usual, would not be enough to confront the many challenges the region faces.

The 2017 IAF also set the stage to catalyze a new generation of investment opportunities leveraging technology and innovation to unlock Africa’s potential.

The fourth IAF, Deepening Investment Cooperation and Harnessing Innovation for Sustainable Development and Shared Prosperity, was held in Changsha in China in September 2018 and explored how to attract and mobilize private sector investments, both domestic and foreign, to transform African economies and generate much-needed jobs.

President Paul Kagame has arrived in Congo Brazzaville where he joins other African Heads of State and Government for the Fifth Investing in Africa Forum (IAF)
President Kagame with the Prime Minister of the Congo Brazzaville, Clément Mouamba

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