NABA summit: world leaders to discuss rising cities of Africa

The 6th Annual NABA Summit 2016 to address Africa’s expanding cities


Africa’s future economy hosts the world’s youngest, most rapidly urbanising population. It will also have the world’s largest population in working age by 2034, reaching 1.1 billion.

Today, 35 speakers and around 400 African and Nordic leaders, including 17 ambassadors from Africa, Norway and Finland meet to discuss trends, issues and the great potential for the rising cities of Africa.

In 2015, 472 million people lived in cities in Africa; a figure that has doubled in 20 years. Yet two-thirds of the infrastructure needed to accommodate this growth has yet to be built. The Nordic-African Business Summit 2016 aimed to highlight the business opportunities across the African Continent, and facilitate a dialogue on how Nordic companies can position themselves to capture these. There were also special sessions focusing on opportunities within infrastructure, construction and real Estate in West Africa, renewable energy in East Africa, the urban consumer in North Africa and food production for the growing cities.

“Due to its great success, what used to be the Norwegian-African Business Summit became the Nordic-African Business Summit. We are thrilled to see such great interest from business leaders, politicians and civil society. We hope that this year’s summit will not only stimulate a dialogue across industries and continents, but inspire action”, says Eivind Fjeldstad, Managing Director of NABA.

Børge Brende, Norwegian minister of foreign affairs; Thabo Mbeki, former President of the Republic of South Africa; Kai Mykkänen, Finnish Minister for Foreign Trade and Development; Ebi Atawodi, General Manager of Uber Nigeria; Tutu Agyare, Managing Partner and Chief Investment Officer of Nubuke Investments and Kjell Roland, Managing Director of Norfund are among the distinguished guests who participates in this day-long forum hosted by the Norwegian-African Business Association (NABA).

Source: prnews2

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