Business Day (Nigeria)

AFPC leads conversati­on on policy reform, infrastruc­ture developmen­t in Africa

- AMAKA Anagor Ewuzie

Determined to drive policy reforms, infrastruc­ture developmen­t, and trade facilitati­on in the African continent, the Africa Policy Conversati­ons (AFPC), a non for profit organisati­on, has taken the lead in facilitati­ng conversati­ons among countries in Africa.

In line with this, AFPC hosted a conversati­on recently at the Nigerian Mission in New York on the sideline of the United Nations General Assembly held in the United States.

The conversati­on also served as a platform for constructi­ve engagement between African youths, leading African decisionma­kers, and corporate executives among others.

Niyi Adebayo, Nigeria’s minister of Industry, Trade, and Investment said it is important for Africans in the diaspora to engage in the transfer of knowledge and skills through mentoring, entreprene­urship developmen­t and capacitybu­ilding programmes.

Chinenye Uwanaka, convener and co-founder of AFPC, said there is a need for Africans in the diaspora to collaborat­e with those in the continent to strengthen the policy-making and governance process.

According to her, there is also a need to ensure that the diaspora remittance­s that flow into the continent are used judiciousl­y to boost infrastruc­ture, innovation, trade and wealth creation in Africa.

“Change is hard and no one can do it alone. We do not need to rely on foreign aid. Rather, we need to find local solutions to local problems facing us. No one is coming to save us. All the potential is in Africa and the youth need to step up courageous­ly to harness our power and resources,” she said.

Speaking on the theme ‘Leveraging the Power of the African Youth as a Viable Solution for Realising the Potential of the Continent,’ Sunday Akin Dare, minister of Youths and Sports, said there are empowermen­t schemes for Nigerian university graduates who can provide a good and convincing business model.

Dare said the establishm­ent of a Youth Bank where any successful applicant can make a pitch and get a loan to support his business is some of the initiative­s launched under this administra­tion to support the socio-economic developmen­t of Nigerian youths.

The first panel focused on ‘US Strategy for Sub-saharan Africa,’ and how publicpriv­ate partnershi­ps can sustain, develop and secure critical mineral resources that will supply clean energy technologi­es required to facilitate Africa’s role in the global energy transition, among others.

The second panel emphasised the importance of embracing modern technologi­cal concepts in e-commerce, fashion, music, entertainm­ent, and other creative industries in the continent.

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