Elsie Kanza talks on WEF 2017
This year's WEF conference is focusing on global leadership challenges for 2017.
Mon, 16 Jan 2017 15:22:06 GMT
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AI Generated Summary
- The significant presence of over 120 African leaders across various sectors at WEF 2017 highlights Africa's engagement in discussions on critical issues such as skills development, infrastructure, and trade.
- Africa is focusing on adapting swiftly to emerging technologies like Bitcoin, leveraging them to create jobs, enhance financial inclusion, and address real challenges unique to the continent.
- At the upcoming WEF in Durban, Africa will emphasize its growing relevance in the global science and technology space, with discussions centered on mobilizing investments for research and innovation and establishing advanced factories for sustainable growth.
The World Economic Forum (WEF) 2017 is underway in Davos, focusing on global leadership challenges for the year ahead. CNBC Africa correspondent George Ndirangu spoke live with Elsie Kanza, Head for Africa and Member of the Executive Committee at WEF Geneva, to delve into Africa's role and engagement at the prestigious event. With over 120 African leaders in attendance from various sectors including government, business, media, and civil society, Africa is actively participating in global conversations on key issues. Kanza highlighted the importance of African leaders engaging in discussions on critical topics such as skills development, financing sustainable goals, infrastructure, water management, trade, and more. These discussions aim to drive momentum and enhance responsive leadership across the continent. Amidst mainstream conversations on global markets and emerging technologies like Bitcoin, Kanza emphasized Africa's need to adapt swiftly to new developments. Drawing on the discussions from the previous year's WEF in Kigali about the fourth industrial revolution, African leaders are now focusing on applying technological advancements to create jobs, promote financial inclusion, and address real challenges faced by the continent. The continent's unique context allows for innovative solutions to be developed, catering to Africa's specific needs. Looking towards the forthcoming WEF in Durban, Africa is set to showcase its growing relevance in the global science, technology, and innovation space. Discussions will center on mobilizing investments for African research and innovation, establishing advanced factories, and steering clear of outdated technologies. Kanza expressed enthusiasm for the future prospects of Africa and anticipates concrete discussions on setting the continent on a path to sustainable growth. Addressing the issue of regional integration, Kanza acknowledged the progress made on the political front but highlighted the need for further economic integration across Africa. Initiatives such as the regional integration index provide a framework to monitor progress, identify areas needing improvement, and learn from successful examples. As the conversation drew to a close, Kanza underscored the importance of public-private cooperation in driving progress and showcasing impactful outcomes, echoing the sentiment shared by leaders at WEF 2017 as they navigate global challenges and opportunities.