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Friday 6 September 2024

Global Africa Business Initiative announces lineup for 2024 flagship event “Unstoppable Africa: The Solution for a Global Future”

...Folly Bah Thibault and Larry Madowo to anchor the event 


The Global Africa Business Initiative (GABI) has revealed the lineup and program for its 2024 flagship event, “Unstoppable Africa: The Solution for a Global Future,” taking place on the sidelines of the UN General Assembly in New York from September 25-26. This high-profile, two-day forum will bring together influential leaders from both the public and private sectors to spotlight Africa's growing influence in global business and sustainable development solutions.

Coinciding with the UN's "Summit of the Future," the event will focus on the strategic partnership between the United Nations Global Compact (UNGC) and the African Union Commission. The collaboration seeks to leverage Africa's immense business potential to drive progress on the African Union’s Agenda 2063 and the UN's Sustainable Development Goals (SDGs).

“Unstoppable Africa” will showcase Africa’s resilience and capacity to lead in addressing key global challenges, such as energy transitions, digital transformation, and inclusive economic growth. This year’s event will emphasize Africa’s growing role as a vital force in shaping a more equitable and sustainable global future.

Sanda Ojiambo, Assistant Secretary-General and CEO of the UN Global Compact, noted, “Africa, with a market worth over $3 trillion and projected GDP growth of 3.8% in 2024 and 4.2% in 2025, is set for unprecedented growth. The world can no longer overlook the solutions Africa offers to global challenges.”

Sanda Ojiambo, Assistant Secretary-General, and CEO of the UN Global Compact, which convenes GABI, commented, “With a market valued at over $3 trillion, Africa is poised for unprecedented growth and development. Africa’s GDP growth rate is expected to outpace the global average, with projections of 3.8% in 2024 and 4.2% in 2025.

“GABI was born from a powerful realization: the world has been doing business in Africa, but not always with Africa. We stand to rebalance that equation. GABI isn't just another forum; we are a solution-oriented platform dedicated to shaping Africa’s business future. Our mission is clear: Convene, Connect, Catalyze, and Convey. We convene stakeholders to address Africa's unique challenges, connect Africa’s private sector with global partners, catalyze sustainable growth through collaboration, and convey support for initiatives that deliver real results.
Sanda Ojiambo

“Unstoppable Africa will bring together Africa’s brightest minds and global leaders to collaborate on sustainable solutions. When Africa wins, the world wins. Africa is ready to lead, and GABI is where Africa meets the world's political, business, and philanthropic leaders.”

This year, the event will focus on several key themes that address Africa's growing role in shaping the global future:

• Unlocking Inclusive Growth through Trade: Africa’s vast economic potential is increasingly tied to the development of inclusive trade systems that benefit all sectors of society. With the African Continental Free Trade Area (AfCFTA) set to transform intra-African trade, the event will explore how policymakers and business leaders can capitalize on this agreement to spur economic growth, reduce poverty, and create jobs.

• Africa: The Solution for Clean Energy: Leaders in the energy sector will discuss the continent’s unique ability to leapfrog into renewable energy solutions, overcoming the barriers of outdated infrastructure and delivering modern energy access to millions.

• Africa’s Digital Revolution: Sessions on digital transformation will explore Africa’s rapid advancements in technology, from fintech to AI, and how these technological advances are enabling the continent to bridge gaps in education, healthcare, and trade.

• Sport: And the Winner Is… Africa! Africa’s sports industry is emerging as a powerful driver of socio-economic transformation. From football to track, African athletes continue to make their mark on the world stage, and discussions will focus on building sports ecosystems that develop talent, attract investments, and foster national pride.

• African Creativity for the World: The event will shine a spotlight on Africa’s cultural powerhouses—its creative industries and sports sectors—which are becoming major economic drivers. On Thursday, 26 September, GABI will host a special film showcase titled "Bold Stories" dedicated to celebrating the transformative power of African women filmmakers in the entertainment industry. 

As Africa solidifies its role in the G20 and BRICS, the continent is poised for greater global significance. Despite economic challenges, Africa's economy is projected to grow at 3.8% in 2024 and 4.2% in 2025, outpacing the global average of 2.9% and 3.2%.

Unstoppable Africa will be hosted by Folly Bah Thibault from Aljazeera English and Larry Madowo from CNN and is supported by African Union, Afreximbank, BUA, Flour Mills Nigeria, Google, Rockefeller Foundation, Safaricom, and Summa Group, among others.

Confirmed speakers include:
• Antonio Guterres, United Nations Secretary-General 
• Amina J. Mohammed, United Nations Deputy Secretary-General
• Aliko Dangote, Founder, CEO, and Chairman, Dangote Group
• Selim Bora, Chair, Summa International Construction
• Makhtar Diop, Managing Director, International Finance Corporation (IFC)
• Mo Abudu, CEO, Ebony Life Group
• Claire Akamanzi, CEO, NBA Africa
• Sara Sabry, Africa’s first female astronaut
• Masai Ujiri, President, Toronto Raptors
• James Manyika, SVP of Technology and Society, Google-Alphabet
• Agnes Kalibata, President, AGRA
• Hassanein Hiridjee, CEO, Axian Group 

With the right investments, partnerships, and opportunities, Africa’s private sector has the potential to drive significant change in a world that urgently needs solutions. "Unstoppable Africa" will bring together the continent’s most dynamic current and future leaders on a powerful platform dedicated to collaboration and actionable commitments. Through this event, Africa’s changemakers will unite to address global challenges with impactful solutions and transformative actions.

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