The Pandemic has strained Africa’s health systems, education, aviation, culture, trade, and general livelihoods as well as the continent’s public and private sectors amid lockdowns, stifling sources of income.
IMF has revised its GDP growth forecast for the continent from 5.1 before the pandemic to -1.6%. Similarly, the World Bank made a similar forecast that indicates a decline from 2.4% in 2019 to between -2.1 and -5.1% in 2020. The economic impact has been enormous and continues to bite even further.
In a move to reposition Africa’s economy in this pandemic era as well as the post pandemic era, Globe Chambers of Commerce and Industry is putting up the Asia – Africa Economic and Investment Forum 2021, Tokyo Japan.
Asia-Africa Economic and Investment Forum will be a networking point for Asian and African investors as Globe Chambers of Commerce and Industry is proposing that the best way out of the global economic crisis is multiple and strategic collaborations.
Hon. Nwabueze Buchi George, the president of Globe Chambers of Commerce and Industry, in an announcement about the event, said strategic partnership is key to global development at the moment.
Hon. Buchi George said that Globe Chambers of Commerce and Industry has strategically looked into what Africa and Asia can mutually offer each other and there is a whole lot in various sectors.
“Economically, Africa needs to be great again and while the second wave of the pandemic is still on, we need to put down viable recovery plans that can be kicking off any time. 2021 is a good time for us and we believe by then, everywhere will open up for us and other organizations working hard to make the world a better place” Hon. Nwabueze Buchi George said.
The Asia - Africa Economic and Investment Forum 2021 is powered by Globe chamber of commerce, and will be held in Tokyo, Japan.
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