Africa economic conference 2018 opens in Kigali

  • Written by  New Times

For millions of ordinary travellers, inter-African travel is still too often a nightmare. Be it border hassles, lack of road or air routes linking key cities, or the frustrations of being refused entry to a country because of visas, the end result is to curtail the free movement of people, viewed by the African Development Bank as one of the pillars of regional integration.

That freedom of movement is inextricably tied to the Bank’s vision to create the next global market in Africa.

As the Africa Economic Conference opens in the Rwandan capital Kigali, the theme this year: Regional and Continental Integration for Africa’s development,” also aligns with another major Bank priority - placing infrastructure development at the centre of Africa’s regional integration efforts.

Host nation Rwanda has taken bold leadership steps to champion regional integration, announcing at the beginning of this year an entry visa on arrival for travelers from all African countries.

The third edition of the Bank’s Visa Openess Index, to be launched on day two of the meeting, will be an important opportunity to measure which countries are making improvements that support free movement of people across Africa.

“The Index has helped raise awareness and drive visa policy reforms across the continent to ease movement of people, unlocking opportunities for intra-African tourism, trade and investment. In so doing, the Bank is directly contributing to the objectives of the AU initiative for a Single African passport,” Gabriel Negatu, Bank Director General, East Africa Regional Development and Business Delivery Office said in his remarks during the opening plenary.

The Minister of State in charge of Economic Planning, said the conference addressed a theme “close to our hearts.” “This conference is important to charting the way for inclusive integration…that would benefit all,” Uwera said.

“Governance will determine the development path for our countries,” Uwera added, noting the equally important role of political will and commitment from African leaders.

The annual Africa Economic Conference is the continent’s leading forum fostering dialogue and knowledge exchange in the search for solutions to the development challenges of Africa. It brings together leading academics, high ranking government representatives and development practitioners from across the globe.

AEC 2018 will highlight “transformative initiatives for accelerating progress in infrastructure integration that are inclusive and promote equity, including the removal of barriers for movement of people, goods, and services across borders.”

Other convening partners to the Conference, the United Nations Development Programme UNDP) and the United Nations Economic Commission for Africa (ECA), commended Rwanda’s role as a front-runner for integration efforts in Africa and spoke on the urgent need to build on the momentum for an inclusive and equitable integration.

“The Government of Rwanda is walking the talk and continues to set the pace,” Ahunna Eziakonwa, Assistant Administrator, United Nations Development Programme (UNDP) Regional Bureau for Africa, said.

Also speaking at the plenary, Giovanie Biha, Deputy Executive Secretary, United Nations Economic Commission for Africa (ECA), said while there were still major steps ahead, “we are moving in the right direction.”

Highlighting the Bank’s emphasis on research and knowledge management as important drivers of policy dialogue, good policy planning and implementation, participation this year’s AEC is being organised under the leadership of the Bank’s Research Department and Regional Integration Complex.

Sessions over the three-day meeting will examine the social, cultural and political frameworks for successful integration, building on the landmark signing this year of the Africa Free Trade Agreement the world’s potentially biggest free trade agreement, which aims to create a single continental market for goods and services, with free movement of business persons and investments across Africa.

Participants will also look at the role of the private sector and civil society institutions.

Given the urgency of regional integration – “no longer a choice,” according to its organizers, this year’s meeting is a must attend for those interested in Africa’s Development agenda.

“Important pages of our continent’s development history are being written,” Uwera said. “Let’s take this opportunity to move the continent ahead.”

Login to post comments
back to top

BEAMED BC-TV

Latest on Economy

Economy

Mozambique to host 12th U.S.-Africa Busi…

14 March, 2019 | Hits:562

Johannesburg, South Africa (ADV) – Mozambique is s...

Economy

Aliko Dangote named richest person in Af…

05 March, 2019 | Hits:631

Aliko Dangote, the Nigerian businessman and Presid...

Economy

Expert: Small fragmented African airline…

28 February, 2019 | Hits:877

Like it has been the case in previous years, the g...

Economy

SKA infrastructure design complete

28 February, 2019 | Hits:915

South African Science and Technology Minister Mmam...

Economy

Kenyan and Chinese firms secure geotherm…

28 February, 2019 | Hits:558

Ethiopian Electric Power (EEP) has signed a deal w...

Economy

South Africa stimulus package to create …

28 February, 2019 | Hits:611

Transport Minister Blade Nzimande has announced a ...

Economy

eSwatini is facing an unprecedented econ…

28 February, 2019 | Hits:617

eSwatini’s economy probably contracted in 2018 and...

Economy

80% of women in low- and middle-income c…

27 February, 2019 | Hits:514

80 per cent of women in low- and middle-income cou...

Economy

South Africa - India trade relations dee…

27 February, 2019 | Hits:517

Two KwaZulu-Natal companies are on a mission to ex...

Economy

Closing Africa’s financing gap

27 February, 2019 | Hits:535

Toward the end of 2018, the United States merged e...

Economy

First China-Africa economic, trade expo …

27 February, 2019 | Hits:553

At least 1,000 African guests and traders will att...

Economy

Ethiopia moves to boost ease of doing bu…

27 February, 2019 | Hits:524

Ethiopia continues to work towards improving ease ...

Economy

US $7bn to be injected into infrastructu…

27 February, 2019 | Hits:523

South Africa is set to commit US $7bn over the nex...

Economy

Mozambique, Soliridad Southern Africa in…

26 February, 2019 | Hits:560

The National Institute for Standardization and Qua...

Economy

Mozambique, Soliridad Southern Africa in…

26 February, 2019 | Hits:584

The National Institute for Standardization and Qua...

Economy

Ethiopian Airlines to operate all-female…

26 February, 2019 | Hits:516

Ethiopian Airlines has announced that it has final...

Economy

Africa: The first African Digital Rail S…

26 February, 2019 | Hits:483

Cape Town, South Africa, 25 February 2019 - "Afric...

Economy

Tech startups in Sub-Saharan Africa to g…

26 February, 2019 | Hits:488

Tech startups from Sub-Saharan Africa markets to g...

Economy

IFC invests $15 million in Comoros telec…

25 February, 2019 | Hits:551

International Finance Corporation has made its fir...

Economy

MafAfrique to invest $7 Million in Tanza…

25 February, 2019 | Hits:482

Advisory and fund management group, MafAfrique, ha...

By Category

Local News

User Menu

About Us

Follow Us