The Africa Forum Canada 2018: Africa. Open for Business.
Forging stronger business ties between North America and (Commonwealth) Africa
The Canadian edition of The Africa Forum is conceived as a high level thematic business-related event with the vision that Canada and Africa must move beyond donor/recipient relationship towards long-term cooperation based on principles of ownership, partnership and solidarity.
Africa is a continent of paradox. It has buckets of possibility and investment opportunity, and it is well on the path to achieving that full potential however if still faces a multitude of challenges.
Convening over 300 delegates and a number of high profile speakers, the Canada Forum will offer unrivalled insight into business on the continent from the boldest innovators and decision makers in Africa. A gala dinner will close the Forum which will focus on Doing Business in Africa, with the theme: Africa, Open for Business.
Three of the five fastest growing economies in the world are in Africa. Africa has 300+ tech hubs in 93 cities across 42 countries. Increased internet penetration, mass urbanization and growth in smartphone adoption, combined with rapid population growth, and has made Africa extremely attractive to investors.
Africa is the continent of the future: Africa is home to the world’s youngest population. In 20 years, the number of sub-Saharan Africans reaching working age (15-64) will exceed that of the rest of the world combined. By 2040, less than 25 years from now, half of the world’s youth will be African or of African descent.
Canada and North America cannot afford to ignore Africa: African innovators and entrepreneurs are utilizing new technologies to develop tailored inventions for Africa and transform industries. Opportunities are boundless as mobile-fuelled tech adoption flourishes. Mobile and digital are set to do for health care what it has helped achieve for finance in Africa— overcome a lack of physical infrastructure.
The Forum will bring together African and North American business leaders representing multi-nationals, large corporations, small and medium-scale enterprises and confederations, and multilateral and regional institutions to discuss how to improve the business and investment climate between Africa, Canada and North America at large.
TAF Canada will also be an opportunity to showcase that Canada is also open for business and investment and the forum will showcase Canadian opportunities to African investors. In the words of Prime Minister Trudeau at the World Economic Forum “We have a diverse and creative population, outstanding education and health care systems, and advanced infrastructure, we have social stability, financial stability and a government willing to invest in the future”.
TAF Canada will draw together African business and political leaders with Canada’s preeminent companies and policymakers in order to:
- Forge stronger trade and investment ties by capitalizing on the tremendous potential to increase commerce, create jobs, build economic partnerships and promote sustainable development.
- Develop fresh commercial and social concepts that shape business, as well as economic and political thought and institutions.
- Strengthen the relationship between Canadian and African business communities.