PROSPERITY AFRICA CONFERENCE - 3rd & 4th DECEMBER 2019 at Palais du Peuple
The Agenda will cover:
Focus on Agri-foods
Focus on Trade Facilitation
Focus on Technology and Innovation
Round Table: Trade for all - trade opportunities for women
In attendance will be Chamber's of commerce Presidents, Representatives from select businesses across Africa, Regional Economic Zones (REC), Public Sector, Trade Facilitation Organizations.REGISTER
The conference is a follow up to the Africa Prosperity Conference 2017 held in Accra, Ghana whose recommendations were;
Engaging the Private Sector
PACCI should take the lead to draft the proposal to create the African Trade and Investment Panel (ATIP) that represents the various private sector interests, such as the Chambers of Commerce and Industry, business councils, industry associations, and other similar business support organizations established for aggregating and articulating the views of the private sector, identify priority areas and advice to promote economic cooperation and integration in continental policy formulation. The ATIP will be composed of members of the business community, designated by national chambers of commerce in consultation with other equivalent business associations and government agencies.
Each national Chamber of Commerce, in consultation with equivalent business organizations and the appropriate government agencies should designate up to three business leaders who will be called to consult or provide inputs to the CFTA negotiations.
The PACCI shall serve as Secretariat of ATIP to support the objectives and activities of the Panel. References to the African Trade and Investment Panel should be included in the CFTA.
Efforts should be made by PACCI to convene the First African Council on Business before the end of 2018.
Building capacity of continental and regional chambers of commerce
Because trade negotiations are currently a highly complex matter that require not only tariff reductions but also technically complex issues, such as intellectual property rights, environmental protection, and labour rights, often leading towards re-regulation as well as de-regulation of the economy. Meaningful participation in trade negotiation therefore demands a high level of technical expertise. Governments and international partners should support PACCI and regional chambers and associations to strengthen ties with governments and to assume the role of coordinator for the entire private sector.
Governments and businesses should establish a national focal point in each country for monitoring, evaluating and reporting on the CFTA. The private sector should systematically monitor and report the progress of implementing the Continental Free Trade Area to its constituents.
National governments are strongly encouraged to use their national public-private dialogue (PPD) on trade policies, including their national trade facilitation committees, to formalize government-business collaboration and follow the CFTA negotiations.
CFTA negotiators should make sure the processes of developing the CFTA take gender into consideration in the whole trade agreements processes.
Governments should make sure that gender balance in the CFTA negotiation team is ensured.
PACCI in collaboration with partners should organize African Women in Trade Conference – to help businesswomen discover the value of doing business with the CFTA.
School environments should rapidly introduce youth to the concept of entrepreneurship and self-employment as a career option. Entrepreneurship education, therefore, should be sufficiently adopted. Tools, resources and information material to support youth entrepreneurship should be readily available and businesses should support such programs by providing resources, internships and coaching opportunities.
The free movement of natural persons that supply services should be addressed with priority, including through trusted traveler programs, streamlining visa requirements and procedures.
The CFTA Rules of Origin and accompanying procedures should be VERY simple and trade-facilitating.
PACCI should undertake a study to assess the value of preferential arrangements to the recipient countries, including case studies of selected countries and commodities to determine assistance, including legal support, aimed at helping African exporters to cope with technical standards affecting trade, and to penetrate markets of growing interest such as organic products.
In the area of trade facilitation, the CFTA should have commitments relating to opening times for ports, the establishment and maintenance of One Stop Border Stops (OSBPs) and Single Windows, the establishment of authorized operator programs with a view to facilitating regional trade, promoting the use of electronic or on-line processing/procedures, interoperability and sharing of information from customs and other border agencies between African countries.
Government should prioritize areas for sanitary and phytosanitary cooperation.
PACCI should undertake the mapping of existing national and regional Alternative Dispute Resolution institutions.
Negotiators of the CFTA should make sure arbitration is accessible by strengthening institutional support. Facilitation (mediation) should be available as the mechanism that resolves most trade disputes. The Chambers of Commerce should be supported to provide footprints for developing such institutions.
Private investors should support the growth of coastal shipping to stimulate regional trade.
Building productive capacity
Governments should make AGOA work by improving its impact notably by reducing to zero all tariffs on agriculture exports from AGOA-eligible countries.
EU-Africa Business Forum should change its current format and focus more on business to business contacts facilitating trading between European and African business entities.
Trade finance for intra-African trade
African governments should speed up the macroeconomic convergence necessary for a single currency across the entire sub-regions and the continent;
Financial institutions should do more to take into account the needs of SMEs when introducing financial system regulations, including making financing rules and procedures related to exports more simple;
Financial institutions should do more to rationalize and streamline loan procedures to support SMEs.
Our once-in-a-lifetime celebration – the largest event ever staged in the Arab world – is set to welcome 190 participating countries, and millions of visitors from across the globe. Here they will experience warm Emirati hospitality at its finest, as well as the UAE’s values of inclusion, tolerance and cooperation. Youth are at the heart of our World Expo. That’s why Expo 2020 aspires to create a meaningful legacy that will benefit generations to come, both locally and globally, spanning everything from innovations and architecture to friendships and business opportunities.
For the first time, every single country on the African continent will be represented at a World Expo.
On official invite from the U.A.E the 54 coutries will represent at the EXPO 2020 Dubai and the African Union as an Official Participant will have a pavilion to showcase what the continent has to offer with a focus on Agenda 2063.
Grab the opportunity to showcase through the Global Practice Program
Venue: The Hyatt Regency Hotel Addis Ababa
Date : February 1st, 2019
Greetings to you. We cordially invite you to our business meeting on February 01, 2019 which is organized by the Pan African Chamber of Commerce and Industry. This meeting is a “must attend” for business managers who want to keep up to date on the latest business developments in Africa.
The conference will include, but not limited to: Introduction to new marketing opportunities in Africa, and expert-led discussions. This will help you scale into the untapped potential into Kenya, Uganda, Ghana, Morocco, Algeria and many more. You will be informed as how to properly do business in these countries, thus helping you grow financially. You will be given the chance to learn how to properly venture into business areas of your choice.
By attending this meeting, you will also keep up to date on the latest status of the African Continental Free Trade Agreement.
Limited slots available. We welcome your participation and look forward to having you join for this important date.
Executive Director PACCI.
For CEOs :
- Benefit from an unrivaled networking platform with top decision-makers.
- Identify new business opportunities with the world’s most influential business leaders.
- Learn from the world-class consultants and experts on how to navigate your company’s greatest challenges.
For Investors :
- Gain exclusive insights on the most promising investment projects in Africa.
- Build lasting relationships with government officials who are looking to create strong alliances and business partnerships.
- Adjust your strategies to the current economic and geopolitical outlook.
- Showcase your country's strategies and vision for attracting investors into your country.
- Get deeper insights into sector to build new projects.
- Turn the world’s top investors into partners.
The AFRICA CEO FORUM brings together company executives, investors and public officials with the following profiles :
- Chair of the board
- Managing Director
- Minister of Economy, Finance, or Industry
- Head of Financial Institution
- Presidential Economic Advisor
For company executives, the annual turnover must exceed 10 million euros.
Please note this is a pre-registration process and each registration is screened carefully to ensure the admission criteria is met. You will receive a confirmation and details on next steps from the organizers following this process.
Capacity at the event is limited so kindly submit your pre-registration as soon as possible to secure your seat.
TERMS AND CONDITIONS
Please note your participation is secured following payment of the registration fees. General terms and conditions available here
AFRICAN UNION TO ORGANISE THE AFRICA INDUSTRIALIZATION WEEK 2018 (AIW 2018)
INVITATION TO REPRESENTATIVES OF THE MEDIA
What: AFRICA INDUSTRIALIZATION WEEK 2018 (AIW 2018)
When: Sunday 18th – Friday 23rd November 2018
Where: AU Headquarters, Addis-Ababa, Ethiopia
Who: Organized by the Department of Trade and Industry of the African Union Commission (AUC)
JOURNALISTS ARE INVITED TO ATTEND AND COVER THE OPENING CEREMONY AT THE AFRICAN UNION HEADQUARTERS ON 18TH NOVEMBER 2018
The African Union Commission (AUC) plans to organize an Africa Industrialization Week (AIW) to be held from the 18th to the 23rd November 2018 at the AUC Headquarters in Addis Ababa, Ethiopia. The afternoon of 18th November 2018 is dedicated for the Official Opening Ceremony by the H.E Paul Kagame, Chairperson of the African Union and President of the Republic of Rwanda, High Level dignitaries from Member States, RECs, United Nations Agencies, Diplomatic Corps and Private Sector will attend the Opening session.
The commemoration of the Africa Industrialization Day (AID2018) to be organized by the Department of Trade and Industry of the African Union Commission in partnership with the NEPAD Agency, United Nations Industrial Development Organization (UNIDO), the United Nations Economic Commission for Africa (UNECA), Regional Economic communities (RECs) and Development Partners. The Theme for the AID2018 and AIW2018 is: “Promoting Regional Value Chains in Africa: A pathway for accelerating Africa’s structural transformation, industrialization and pharmaceutical production”.
Given the importance of Industrial development as an engine for inclusive and sustainable development, the AIW2018 seeks to enhance consciousness and understanding of the opportunities and challenges associated with the industrialization drive on the continent. This is meant to mobilize African leaders, policy makers, and private sector and development cooperating partners to enhance dialogue on the pan-African industrialisation agenda, with emphasis on how development of regional value chains can a be a major catalyst towards boosting industrial production capacity, and hence accelerated industrialization for the continent as we gear up on the implementation of the Africa Continental Free Trade Area.
The AIW2018 will also among other things, promote the implementation of the Accelerated Industrial Development of Africa (AIDA), the Pharmaceutical Manufacturing Plan for Africa (PMPA), the SME Strategy, the Boosting Intra-African Trade and the African Continental Free Trade Area and the UN General Assembly's Third Industrial Development Decade for Africa (IDDA III) in the context of Agenda 2063.
The 1st AU-NEPAD Africa Pharma Conference will be the flagship event of the Africa Industrialization Week (AIW). This event is co-organized by the Department of Trade and Industry, the Department of Social Affairs and the NEPAD agency. It will be held from the 19th to 21st November, 2018 with aim to contribute to efforts to boost local production of essential medicines. The conference will involve all relevant continental institutions, development partners, UN agencies, Member States and the private sector.
The week will also be commemorated through a series of events which will highlight the progress, achievements, and challenges faced by African governments in developing their industrial sectors. It will also provide a platform for business to business interface, to enhance prospects for developing business partnerships and investment promotion.
Some of the side events during the week will include:
Continental Forum on Regional Value Chains and Mobilizing African Manufacturer’s (to support the linkage of Africa Regional Value Chains to the Global Value Supply);
The Second Symposium on Special Economic Zones (SEZs) and Green Industrialization.
A Workshop on Africa Enterprise Network, catalyzing SMEs and start-ups productivity;
A Workshop on Youth Entrepreneurship to reduce migration, Youth and women empowerment in enterprise development; and
A Workshop on Financing Industrialization.
EIB-UNIDO Africa Day 2018: sustainable Industrialization in Africa.
Heads of State and Government, high level representatives of international organizations and senior policy makers from across the continent are expected to participate in the AIW2018.
AfCFTA WORKSHOPS SERIES 2018
First Edition - The Weston Hotel, Nairobi - Kenya!
October 23 - 24, 2018,
For exporters, importers and cross-border investors to learn how the African Continental Free Trade Agreement (AfCFTA) and other trade changes will impact your business this year and beyond.
We’re speaking with leaders who are on top of all the changes and innovations made to the most important trade agreement in Africa. We’ll be offering up a mix of information on tax reform, AfCFTA, trade/tariffs and more.
This special AfCFTA workshop series, in collaboration with the experts at AU Commission, will be held in various cities over the coming months, with the kick-off in Nairobi October 23 - 24, 2018. For each discussion, members may tune-in from anywhere.
1. Keynotes on the AfCFTA and its implementation
2. The business framework and the outlook for AfCFTA and its implications on African countries [Presentation]
3. Challenges and opportunities: a practical approach [Panel Discussion]
4. The deepening of East African integration, and Kenya as key player in regional supply chains [Presentation]
5. The most prominent concerns of the AfCFTA implementation, immigration and border security [Presentation]
6. Importance of the AfCFTA to Ethiopia, Ghana, DRC, Mozambique, Morocco [Panel Discussion]
7. AfCFTA and Getting Globalization Right: Poverty, Inequality, and Trade [Presentation]
8. Rules of origin, arbitration, and the effect of exchange rates on the utilization of AfCFTA; [Presentation]
9. Market Panel: Tanzania, Congo, Togo, Uganda [Panel Discussion]
10. INDUSTRY TOUR
Join PACCI for this important event in-person or virtually.
Goal: Learn from practitioners and experts who are up-to-date on all the information exporters and importers need to know about AfCFTA.
Who Should Attend: Executives at exporters, importers and investors – CEOs, COOs, CFOs, EVPs, business, sales, marketing.
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In-person location: African Union Headquarter - Addis Ababa
ABOUT THE AfCFTA
AfCFTA is a new trade agreement between African countries.
It makes it easier to export goods and services, benefitting people and businesses in Africa.
On 21 March 2018 African heads of state and government officials met in Kigali, Rwanda, to sign the framework to establish this initiative of the African Union.
National parliaments in African countries will then need to approve AfCFTA before it can take full effect.
It will only enter into force fully and definitively, however, when (twenty-two) 22 AU Member
States have ratified the Agreement.
The deal will bring benefits for people and businesses across Africa. It will help to generate growth and jobs by:
- Boosting exports;
- Lowering the cost of the inputs businesses need to make their products;
- Offering greater choice for consumers, and
- Upholding African standards for products.
WHAT WILL AfCFTA DO?
AfCFTA offers new opportunities for African businesses of all sizes to export across the continent. Following ratification AfCFTA removes duties on 90% of products (tariff lines) that the African countries trade with other African countries.
The agreement will especially benefit smaller companies who can least afford the cost of the red tape involved in exporting to other African countries. Small businesses will save time and money, for example, by avoiding duplicative product testing requirements, lengthy customs procedures and costly legal fees. Member States' authorities dealing with export promotion and chambers of commerce stand ready to help businesses to start exporting in Africa, boost existing trade, and attract investment.
The agreement also offers better legal certainty in the service economy, greater mobility for company employees, and a framework to enable the mutual recognition of professional qualifications, from architects to crane operators.
PROCEDURE AND NEXT STEPS
AfCFTA will be fully implemented once 22 Member States ratify the deal according to their respective constitutional requirements. At the time AfCFTA will take full effect, a new Dispute Resolution System will be put in place.
THE BENEFITS OF AfCFTA
- Helping to generate growth and jobs
- Creating a level playing field for African companies, big and small
- Lowering prices and widening choice for Africa's consumers
- Cutting customs duties for exporters and importers
- Cutting other costs for African businesses
- Making it easier for African firms to sell services across Africa
- Helping Africa’s rural communities market distinctive food and drinks
- Protecting Africa's innovators and artists
- Recognizing each other's professional qualifications
- Protecting people's rights at work, and the environment.
The Intra-African Trade Fair 2020
to be hosted by Rwanda
Trade Fair -2018 closed with turnover of USD 30 billion
Cairo - The turnover between companies participating in the first edition of the Intra-African Trade Fair (IATF / 2018), closed on Monday dec 17, 2018 in Cairo, Egypt, valued at about 30 billion dollars, thus it exceeded the expectations of the African Union (AU), promoter of the event.
The Rationale for the Trade Fair
Analysis by the African Export- Import Bank (Afreximbank) shows that one of the main reasons why intra-African trade is low at around 15% compared to Europe (59%), Asia (51%), and North America (37%) is because of lack of access to trade and market information. To address this challenge, Afreximbank decided to, among other initiatives, convene the Intra-African Trade Fair every two years to provide trade and market information and connect buyers and sellers from across the continent.
What IATF 2018 offered?
The Intra-African Trade Fair is the first of its kind in Africa, consisting of a 7-day trade show that provides a platform for sharing trade, investment and market information and enabling buyers and sellers, investors and countries to meet, discuss and conclude business deals. It provides an opportunity for exhibitors to showcase their goods and services, engage in Business to Business (B2B) exchanges and conclude business deals.
IATF provides a platform for entry into a single market of over one billion people joined together under the African Continental Free Trade Area.
Primary Objectives of the Intra-African Trade Fair
- To bring together continental and global players to showcase and exhibit their goods and services, and to explore business and investment opportunities in Africa
- To serve as a marketplace where buyers and sellers of goods and services meet and explore business opportunities
- To provide a platform for B2B exchanges and development of business opportunities
- To share trade, investment and market information with stakeholders including investors, SMEs, the informal sector, Africans in Diaspora, and to identify solutions to address the challenges affecting intra-African trade
- For Afreximbank and other financial institutions, to share information about their trade finance and trade facilitation interventions that will support intra-African trade
- To discuss topical issues affecting intra-African trade and provide practical and effective solutions
- To deploy multi-country and multi-company pavilions that will serve as one-stop shop for intra-African trade and investment opportunities in Africa
What is Intra-African Trade?
Afreximbank defines intra-African Trade as the trade in goods and services between or among African countries and the flow of goods and services between Africa and Africans in the Diaspora. The scope of intra-African Trade has also been broadened to include informal cross border trade to enable the Bank to design special products and dedicate resources to formalize this trade.
Afreximbank Strategy to promote Intra-African Trade
The Trade Fair is informed by Afreximbank’s strategy for the promotion of Intra-African Trade. The strategy can be summarized under three key pillars: Create, Connect and Deliver
Create: This pillar supports the production of goods and services with a view to enhancing engagement in regional trade. It seeks to build capacity for the expansion of production and processing capabilities, with a focus on agricultural production, agro-processing, manufacturing and services.
Connect: Afrexim seeks to provide traders with links to various markets on the continent. The Bank aims to identify institutions and agents that are able to facilitate the connection of demand and supply across markets. This pillar is central to the trade fair, which is aimed at bringing relevant entities together and facilitating business growth and opportunities.
Deliver: Here the focus is on facilitating the provision of efficient and cost-effective distribution channels within the continent. This includes the creation of transport logistics, storage and service payment systems, and buyer-financing arrangements which will help to accelerate the flow of goods and services to buyers, thereby creating a market.
The Trade Fair will contribute towards the bank’s objective to increase intra-African trade from USD170 billion in 2014 to USD 250 billion and by so doing, ensure that intra-African trade share of Africa’s total trade reaches 22% by 2021. “Conservatively, intra-Africa trade is a USD 6 trillion opportunity for Africa in the short term and USD 12 trillion in the long term” (Amy Jadesimi: Forbes, May 23 2017). Afreximbank will use the Trade Fair as well as other interventions to assist the continent to realise its trade potential and achieve positive transformation for Africa.
The Pan African Chamber of Commerce and Industry (PACCI) is very pleased to announce our participation as Supporting Organization of the 2018 edition of the Africa Trade & Investment Global Summit (ATIGS).
The 2018 edition of Africa Trade & Investment Global Summit (ATIGS) is scheduled to be held on June 24-26, 2018 in Washington D.C. ATIGS is a unique high-level conference and trade show, prestigious, biennial business platform designed specifically to promote and facilitate international trade and foreign direct investment in Africa, with attendance projection of over 2,000 participants from more than 70 countries for a three day of networking, markets knowledge sharing, marketing & matchmaking, B2B, G2B, G2G meetings & deal making.
The event will see the participation of more than 150 speakers, over 160 exhibitors, high-level government delegations, project developers, business leaders, trade promotional organizations (TPOs) and investment promotion agencies (IPAs) from various African countries, and over 350 global investors including pension funds, sovereign wealth funds, private equity and asset management firms.
Unlike most talk-shop conferences focused on Africa, ATIGS moves beyond that instead focus on providing first hand face-to-face access to African markets at a one-stop shop by featuring African countries pavilions inside hall one representative companies sourcing for international partners & investments, and government agencies (TPO’s & IPA’s) showcasing the wide range of trade and investment opportunities that are available in their respective countries to connect with companies worldwide looking to expand or establish their business operations in Africa, and global investors with interests in Africa. There will also be Middle East, Europe, U.S.A, Canada, and Asia exhibition/pavilions representing companies & government agencies with interests to engage with Africa.
For more information and to register follow the link below.