The Star Early Edition

Building communitie­s for change

Part 2 and Part 3 of the history of WEF milestones that have been adopted and helped to shape Africa

-

PART 2: History of WEF This is the second article in a three-part series on 25 Years of the World Economic Forum in Africa.

WORLD Economic Forum meetings are convened so that leaders can come together to discuss the challenges affecting the global, regional and industry agendas, discern solutions and catalyse collective action in the spirit of public-private co-operation.

The occasion of the 25th meeting of the World Economic Forum on Africa (Cape Town, 2015) allows us not only to do this, but also to look back on the many milestones that have been achieved since 1990.

By learning lessons from the past, and bringing together the greatest minds of the present, the Forum is committed to acting as Africa’s trusted partner in transforma­tion as it faces the challenges that will shape its future.

Social Entreprene­urs in Africa – 2001

Then-First Lady Zanele Mbeki of South Africa joins the founding board of the Schwab Foundation for Social Entreprene­urship. Among the inaugural class of Schwab Foundation Social Entreprene­urs selected in 2002 was Kenyan-based KickStart Internatio­nal and, between 2003 and 2006, several more highly acclaimed African social enterprise­s joined the network, including Riders for Health, Lifeline Energy, the Mobility Aid Center, Camfed, and more. Zanele Mbeki remains an active board member to this day.

New Partnershi­p for Africa’s Developmen­t (Nepad) – June 2002

At the Africa Economic Summit held in Durban in June 2002, the focus is to examine the role of business in the New Partnershi­p for Africa’s Developmen­t. Some 150 global and regional companies doing business in Africa sign the Business Endorsemen­t of Nepad. Thereafter, the business community is represente­d by the Nepad Business Group.

Africa Economic Summit – June 2003

The Africa Economic Summit takes place in Durban and turns a spotlight on the business challenges of Africa’s own plan, the Nepad.

Africa Economic Summit – June 2004

The Africa Economic Summit is held in Maputo, Mozambique, under the theme “Aspiration­s over Africa’s Future”. In 2004, the forum also publishes the book South Africa at 10 to celebrate a decade of democracy in South Africa.

Launch of the Forum of Young Global Leaders – January 2005

A new community, the Forum of Young Global Leaders, is launched, with 16 Africans included in the inaugural class. Five of these go on to take part in the forum’s Africa Economic Summit in 2005.

Global Plan to Stop Tuberculos­is – January 2006

The Global Plan to Stop Tuberculos­is (2006-2015) is launched by Nigerian President Olusegun Obasanjo, Microsoft chairperso­n Bill Gates and UK chancellor of the exchequer Gordon Brown at the forum’s Annual Meeting. The project – a coalition of more than 400 organisati­ons – aimed to treat 50 million people and prevent 14 million tuberculos­is deaths world wide over a 10-year period.

Business Alliance Against Chronic Hunger – January 2006

Also announced in Davos the same year is the Business Alliance Against Chronic Hunger. With government and civil society partners, the alliance’s aim was to deliver scalable, market-based solutions to the persistent problem of hunger in Kenya.

Investment Climate Facility for Africa – June 2006

During the World Economic Forum on Africa in Cape Town, the Investment Climate Facility for Africa is launched as a public-private partnershi­p trust focused on removing barriers to private investment in Africa.

Investing in Africa’s Agricultur­e – June 2007

Kofi Annan launches the Alliance for a Green Revolution in Africa (Agra) with support from the Bill and Melinda Gates Foundation and the Rockefelle­r Foundation at the World Economic Forum on Africa in Cape Town. The announceme­nt is made in a plenary session on Investing in Growth. Agra was singularly recognised as an effective public-private partnershi­p for improving smallholde­r farming in the G8 in 2008 and 2009.

Social Entreprene­ur of the Year South Africa – 2007

A South African country competitio­n for Social Entreprene­ur of the Year is created with the support of Ernst & Young. Each year a new award winner joins the Schwab Foundation network, which today has grown to over 70 social enterprise­s that have significan­t operations across African countries.

Africa Enterprise Challenge Fund (AECF) – June 2007

Launched in Cape Town during the World Economic Forum on Africa, the fund awards grants and repayable grants to companies to improve incomes of smallholde­r farmers and the rural poor. It is establishe­d as a special partnershi­p initiative of the Alliance for a Green Revolution in Africa (Agra).

World Economic Forum on Africa – June 2008

Under the theme, “Capitalisi­ng on Opportunit­y”, African leaders at the 18th World Economic Forum on Africa focus on raising the quality of leadership and education to capitalise fully on the growing opportunit­ies available, thanks to strong economic growth and the significan­t decrease in conflict.

De-worm the World – 2009

An initiative by four World Economic Forum Young Global Leaders Michael Kremer, Kristin Forbes, Sriram Raghavan and Esther Duflo is launched in Africa, aimed at providing anti-parasite medicine to students in Kenya.

The initiative grew rapidly, earning praise from the developmen­t community for its effectiven­ess and support from the government of Kenya, allowing it to reach millions of school-age children. In 2013-2104, De-worm the World was able to treat 37 million people in India and Kenya, and in 2015 launched a programme to treat children in Ethiopia.

A New Principled Economy – January 2010

At the 40th World Economic Forum Annual Meeting in 2010, Bill and Melinda Gates, co-chairs of the Bill & Melinda Gates Foundation and founding partners of the Gavi Alliance, pledge $10 billion (R131.63bn) to vaccinate more than 8 million children in the next decade.

Supporting Small-Scale Farmers – January 2010

Tanzanian President Jakaya Kikwete launches an investment blueprint at the World Economic Forum’s annual meeting, showing how to achieve a green revolution in East Africa by promoting “clusters” of profitable agribusine­sses that incorporat­e small-scale farmers. At the launch, USAid administra­tor Rajiv Shah announces a $2 million investment into the corridor’s $50m Catalytic Fund.

World Economic Forum on Africa – May 2010

The 20th World Economic Forum on Africa is held outside Southern Africa for the first time, in Dar es Salaam, Tanzania, under the theme “Rethinking Africa’s Growth Strategy”. The meeting convenes 13 African heads of state and more than 1 000 participan­ts from 85 countries. It also marks the first time that the Young Global Leaders choose Africa as the host region for their annual summit.

Part 3: From ideas to action: 2011-2015

World Economic Forum on Africa – May 2011

The 21st World Economic Forum on Africa, held in Cape Town, sees a number of important milestones reached. The Grow Africa initiative is co-founded by the African Union Commission, the Nepad agency and the World Economic Forum as an African-owned, country-led, market-based and inclusive approach to accelerati­ng investment in sustainabl­e growth in African agricultur­e.

South African Minister of Water and Environmen­tal Affairs Edna Molewa and Peter Brabeck-Letmathe, chairperso­n of Nestlé and chairperso­n of the Water Resources Group, a public-private partnershi­p supported by the forum and the Internatio­nal Finance Corporatio­n, announce a Declaratio­n of Partnershi­p, recognisin­g the critical role that water plays as a catalyst for economic growth and social developmen­t.

The meeting also saw the launch of the YGL Dangote Fellowship to support the participat­ion of African YGLs at World Economic Forum events, as well as the first time sessions were web cast on the Forum’s public website.

World Economic Forum on Africa – May 2012

In Addis Ababa, Ethiopia, the World Economic Forum, in partnershi­p with the African Developmen­t Bank, the African Union Commission and Nepad, launch the Africa Strategic Infrastruc­ture Initiative – a project aimed at supporting infrastruc­ture developmen­t in Africa and accelerati­ng the Programme for Infrastruc­ture Developmen­t in Africa.

World Economic Forum on Africa – May 2013

In parallel with the meeting in Cape Town, the Forum’s Global Shapers Community holds its first Shape Africa event, bringing together shapers from city hubs across Africa and further afield. Launched in 2011, the community expanded rapidly in Africa, establishi­ng at least one hub in every country by 2013. Today, the number of hubs active in sub-Saharan Africa exceeds 80.

World Economic Forum on Africa – May 2014

The World Economic Forum on Africa is held in Abuja, Nigeria, under the theme “Forging Inclusive Growth, Creating Jobs”, marking the first time it is held in West Africa. At the meeting, the World Economic Forum and the Organisati­on for Economic Co-operation and Developmen­t launch an initiative to help developing countries speed up economic growth through private-sector financing by expanding the pool of foreign and domestic capital available for sectors including infrastruc­ture, agricultur­e and energy. Also at the meeting, Nigerian business leaders join forces with the UN Special Envoy on Global Education Gordon Brown to launch a $20m Safe Schools Initiative aimed at creating safer learning environmen­ts in the country.

Sustainabl­e Energy for Africa – January 2015

The African Energy Leaders Group (AELG), a multi stakeholde­r advocacy group that aims to address Africa’s power deficiency, is launched during the Forum’s annual meeting 2015 in Davos. The AELG’s first move is to create a working group of African leaders, including Tony Elumelu, Aliko Dangote, president of the African Developmen­t Bank Donald Kaberuka, Prime Minister Daniel Kablan Duncan of Ivory Coast and President John Mahama of Ghana.

World Economic Forum on Africa – June 2015

The 25th World Economic Forum on Africa is held in Cape Town under the theme, “Then and Now: Reimaginin­g Africa’s Future”. Convening more than 1 250 participan­ts from business, politics, civil society, academia and the media, the meeting is the largest ever held in Africa by the World Economic Forum, with the highest ever representa­tion from the Forum’s Strategic Partner community, as well as the largest number of young and women participan­ts.

The meeting will see a number of high-level initiative­s gain further traction. This includes Grow Africa, which since its launch has unlocked more than $10bn in investment commitment­s across 12 countries, created 58 000 jobs and provided direct assistance to 8.6 million smallholde­r farmers. It also includes the Africa Strategic Infrastruc­ture Initiative, where lessons learned are being deployed to help accelerate 23 cornerston­e projects valued at $9.7bn in an internatio­nal Central Corridor programme spanning Tanzania, Burundi, Rwanda, Uganda and the Democratic Republic of the Congo.

The 2015 meeting will be the largest ever in terms of participan­ts, indicating unpreceden­ted levels of commitment for achieving Africa’s transforma­tion through public-private co-operation.

World Economic Forum on Africa – May 2016

The World Economic Forum on Africa was held in Kigali, Rwanda, under the theme “Connecting Africa’s Resources through Digital Transforma­tion”. Hosted by Rwanda, which is much celebrated for its own transforma­tion, the event focused on the potential of the digital economy to help Africa capitalise on the demographi­c dividend of a burgeoning young population, which many see as its most valuable resource. Private and public stakeholde­rs emphasised the pressing need to make Africa ready in terms of skills, infrastruc­ture and capacity to make the most of the 4th industrial revolution.

The World Economic Forum is an internatio­nal institutio­n committed to improving the state of the world through public-private co-operation in the spirit of global citizenshi­p. It engages with business, political, academic and other leaders of society to shape global, regional and industry agendas.

Incorporat­ed as a not-forprofit foundation in 1971 and headquarte­red in Geneva, Switzerlan­d, the Forum is independen­t, impartial and not tied to any interests. It co-operates closely with all leading internatio­nal organisati­ons.

 ?? PHOTO: ERIC MILLER/WEF ?? Shown in this file photo is then-President Thabo Mbeki during a panel discussion at WEF in June 2005.
PHOTO: ERIC MILLER/WEF Shown in this file photo is then-President Thabo Mbeki during a panel discussion at WEF in June 2005.
 ??  ??

Newspapers in English

Newspapers from South Africa