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2019 CONCORDIA AFRICA INITIATIVE February 28, 2019 | London, U.K

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2019 CONCORDIA AFRICA INITIATIVE February 28, 2019 | London, U.K About Features Partnership Accelerator History Youth Employment & Entrepreneurship Leveraging Technology Financial Inclusion & Capacity Building Next Steps Technology Regulation & Political Incentives Asian-African Ties in Investment, Trade & Bridging The Urban-Rural Divide Infrastructure Engaging Diaspora Driving Investor Decision Making Upskilling & Certificates 2019 CONCORDIA AFRICA INITIATIVE February 28, 2019 | London, U.K. Partnerships For Social Impact 2019 Concordia Africa Initiative Report Table of Contents A Message From Our Founders 4-5 About 6-7 History 7 The 2020 Concordia Africa Summit 7 Youth Employment & Entrepreneurship 8-13 Financial Inclusion & Technology 14-17 Asian-African Ties in Investment, Trade & Infrastructure 18-23 Partnership Accelerator 24-27 Leveraging Technology 24 Capacity Building 25 Regulation & Political Incentives 25 Bridging The Urban-Rural Divide 26 Engaging Diaspora 26 Driving Investor Decision Making 27 Upskilling & Certificates 27 Reception 28 Community Engagement 29 Our Partners 30 Placing Africa’s Leaders at the Core of the Continent’s Future Matthew A. Swift Co-Founder, Chairman & CEO Concordia Nicholas M. Logothetis Co-Founder & Chairman of the Board Concordia 4 A Message From Our Founders Placing Africa’s Leaders at the Core of the Continent’s Future A Message From Our Founders “We strive to provide a stable, inclusive, and diplomatic space to explore opportunities for innovation on the continent.” A continent rich with unparalleled diversity, The launch of the 2019 Africa Initiative in unprecedented dynamism, and continuous growth, London convened unique perspectives across the Africa presents a wealth of opportunity. As the public, private, and nonprofit space dedicated continent undergoes a period of rapid demographic to highlighting the approaches and models of expansion, Africa’s position on the global stage is African leaders and identifying the support of becoming of paramount importance, but global the international community. Thank you to our efforts must be undertaken to ensure that African speakers for sharing their insight and expertise, and leadership is placed at the forefront of this progress. for helping to make this outlook a reality. Thank you, also, to Union Maritime, the Founding Sponsor As Concordia continues to evolve, the launch of of Concordia’s Africa Initiative, for their dedication our Africa Initiative marks a significant milestone and support towards this program, as well as our for our organization. By providing an international Programming Sponsors, Engineers & Planners and partnership platform through which to elevate LADOL (Lagos Deep Offshore Logistics Base), and African voices and priorities on a global scale, the our Programming Partner, iDE. Concordia Africa Initiative puts Africa in the driver’s seat and brings African voices to global discussions. We hope that the 2019 Concordia Africa Initiative We endeavor to adopt a new approach to questioning Report provides a comprehensive overview of the dynamic so often replicated in the convening the inspirational conversations that took place in space when discussing African development. We London, while also serving as an informative, action- strive to provide a stable, inclusive, and diplomatic focused resource. We look forward to building on space to explore opportunities for innovation on the many of these conversations and themes at the 2019 continent. And we hope, ultimately, to show that Annual Summit in September and in Kigali, Rwanda African perspectives are integral to an international in March 2020. dialogue about the continent’s future. Matthew A. Swift Nicholas M. Logothetis Co-Founder, Chairman & CEO Co-Founder & Chairman of the Board Concordia Concordia 5 6 About Concordia Africa Shaped and driven by local stakeholders, the initiative strives to build sustainable and scalable alliances among the government, private sector, and civil society, in line with Concordia’s broader mission. Officially launched at the 2018 Annual Summit Until recently, Concordia planned to host this in New York City, with keynote addresses from event as early as December 2019. After internal President Nana Akufo-Addo of Ghana and President discussions and feedback from partners, however, Paul Kagame of Rwanda, Concordia Africa is an the date is being extended to March 2020. Ultimately, African-led program that fosters a community of Concordia’s intention is to foster thoughtful cross-sector leaders to share strategies and priorities conversation that extends well beyond its summits. for economic growth and lasting prosperity on Partnerships take time, and planning meaningful the African continent. Shaped and driven by events requires undivided attention. Additionally, local stakeholders, the initiative strives to build Concordia would like to situate its program on the sustainable and scalable alliances among the continent to complement other world-class African- government, private sector, and civil society, in line focused events. As a result, a programming strategy with Concordia’s broader mission. designed to promote long-term conversations must also take into account the narratives being expressed The 2019 Concordia Africa Initiative, which took by African leaders at other forums. place on February 28th, 2019 at The Conduit, London, provided a platform through which to Further information will be shared over the coming further many of the conversations and themes weeks. In the meantime, for information about from the 2018 Annual Summit, while fostering a potential engagement opportunities, contact: community of partnership-oriented stakeholders. [email protected] Concordia is now planning for an Africa-based event to continue these discussions and themes. For more information about the Concordia Africa Along with its stakeholders and partners, Concordia Initiative, visit: is working diligently to ensure that the appropriate www.concordia.net/2019-africa-initiative/ time and measures are put in place to deliver a high- quality, action-oriented, and African-led event in Kigali, Rwanda. 7 8 Features Youth Employment & Entrepreneurship With 200 million people aged between 15 and 24—and that number set to soar by 2050—Africa has the youngest population in the world. With 200 million people aged between 15 and 24— UK LLP, then examined what it means to invest and that number set to soar by 2050—Africa has the in Africa at a time when its population is growing youngest population in the world. But the challenge rapidly. of prioritising the needs and dignity of these young people, through providing jobs, education, and healthcare, is all-consuming in nature. With the overall investment gap to provide these opportunities “It is not usual for global forums standing at close to $1.8 trillion, it is a dynamic that to provide a place for African is influencing all facets of the continent’s outlook, leadership to be at the forefront economically, politically and socially. And it is an of private sector investment, but issue not limited to just one country. I thank Concordia for seeing the The continent’s burgeoning youth demographic, value in creating such a platform accompanied by increasing urbanization, is and for making sure Africa is creating immense opportunity for both domestic and international investors. However, efforts placed where it should be placed.” must be made to ensure that the next decade for Africa is driven by robust private sector activity. H.E. Olusegun Obasanjo Domestically, African agendas must remain central Former President of Nigeria and to the investment story on a global scale, while Concordia Leadership Council Member internationally, it is imperative that the global community view African opportunity through the lens of investment rather than aid, with high rates of H.E. Olusegun Obasanjo, Former President return, noteworthy economic resilience, and a strong of Nigeria and Concordia Leadership Council tide of digital innovation across the continent. Member, advocated for African governments to enable a favorable environment in which to attract Opening the 2019 Africa Initiative’s main-stage and maintain private sector investment, given its programming, 21st Century Investment in Africa pertinence to Africa’s development. In order to create began with introductory remarks from Laurent Cadji, the appropriate conditions, however, there must be Owner & Managing Director of Union Maritime, an emphasis on maintaining national security, the who stressed the value in creating a platform rule of law, financial stability, and accountability. dedicated to addressing the challenges facing the President Obasanjo went on to stress the critical African continent. A panel, sponsored by Ghanaian- need for trust between business and government, led Engineers and Planners, of African cross-sector along with assurance that goals for development are leaders moderated by Chika Chukwujekwu, Head of adequate and just. Africa Business Development at Grant Thornton 9 Youth Employment & Entrepreneurship The need to attract investors within the continent, Catering to the needs of Africa’s youth was an and to look internally and take advantage of important backdrop to the flashpoint presentation the resources, talent, and knowledge already in Reimagining Africa: 5 Policy Puzzles Shaping the abundance, was raised by Mohammed Nyaoga, Continent’s Future by Ronak Gopaldas, Director Senior Partner of Mohammed Muigai Advocates of Signal Risk, which explored five major policy and Chairman of the Board of Directors
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