Tuesday, May 11, 2010

World Economic Forum News Release
Richard Elliott, Associate Director, Communications Dept., Tel.: +255 (0)76 711 7715, richard.elliott@weforum.org

Time to Move Africa From the Periphery to the Centre of the Global Economy

  • Despite its huge potential, Africa suffers from a lack of integration in the global economy. This cannot continue
  • To end the continent’s marginalization, Africans must believe in themselves and be the change they want to see

Dar es Salaam, Tanzania, 7 May 2010 – The 20th World Economic Forum on Africa concluded in Dar es Salaam today. Thirteen African heads of state/government participated together with more than 1,000 participants from 85 countries. Rethinking Africa’s Growth Strategy was the theme of the meeting.

Despite Africa’s huge potential, it suffers from lack of integration in the global economy. “If there is any predicament to African development, it is this state of affairs,” said Jakaya M. Kikwete, President of Tanzania. “[It is time] to move Africa from the periphery to the centre of the global economy.”

No comments: