Africa Export Expo is designated to provide participating countries, individuals, exporters and business minds the ideal platform to hear cutting-edge perspectives from wide range of trade expert and exporters, while offering the opportunity to network with industry’s top players. The Expo will provide expert’s opinion on how to further regional economic integration across Africa and the implication of policy initiatives aimed at stimulating economic diversification, stability and export growth.
Trade has been a key driver of growth in countries that have been successful in achieving high rates of growth over the past three decades, such as those in East Asia. If they are to accelerate their growth, trade will have to perform the same role for African countries. Designing policies that promote trade and trade competitiveness must therefore be at the heart of growth strategies for African countries.
It is relevant to ask whether there are special features of Africa that would help explain the massive poverty and inequality that engulfed the continent. Weak initial conditions (such as weak institutions, human capital and extractive colonial history and its attendant institution) at the time of independence; the dependence of almost all African countries on primary commodity production and trade; lack of non-aid financial capital flows and the alarming level of aid-dependency; lack of ownership of policies which are invariably imposed on Africa by donors; prevalence of conflict and poor governance are some of the issues where possible explanations for this sever lack of progress and pervasive poverty might be found. Many countries, especially those in East Asia, extracted themselves from such massive poverty, among other things, by designing and implementing an appropriate industrial and export strategy.
So this expo will attempt to tackle and address such economic and business abnormalities, and also help to tackle the challenges of export development in Africa.
The event which will be organized by Globe chamber of Commerce and Industry (GCCI) is being planned to offer participants a platform to expand their business network, meet their competition and get fresh perspectives from a wide range of trade and export experts.
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