H.R.H. Princess Abze Djigma gave a keynote speech at the Africa Partnership Conference 2016. She highlighted the potential of Africans and the importance of empowering the Informal Sector.
The African economy has undergone fundamental changes over the last decade. The rising investor’s interest in the African economy is driven by strong economic growth, rising foreign exchange reserves, quality and cost competitiveness and encouraging Government policy-making. The strong level of economic growth achieved in Africa in recent years has led to an expansion of industry, commerce, innovations and per capita income.
This in turn has fuelled demand for infrastructural services including energy, transportation, air & maritime connectivity and urban infrastructure. In 2015, FDI flows to Africa was estimated at USD54 billion. However, the potential investment value is yet to be reached with an existing gap of USD 100 billion in infrastructural development sector alone.
The Africa Partnership Conference 2016 in Mauritius provided a unique platform and addressed the infrastructural funding gap, which is a major constraint to optimising FDI flows in Africa.
Click on the picture above to view the keynote speech of H.R.H. Princess Abze Djigma at the Africa Partnership conference in Mauritius, where she spoke about the potential of the Africans and the importance of the Informal Sector in Africa.