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Sullivan Summit IX to Host the Global Youth Innovation Network Forum in Equatorial Guinea, Creating Economic Opportunities for Young Entrepreneurs and Leaders

July 07, 2012

Washington D.C., July 6th, 2012 – In response to the youth-led Arab Spring, African Heads of State have accelerated the 2009-2018 “Decade of Youth Action Plan” at the African Union 2011 Summit, which was held in Malabo, Equatorial Guinea. With high youth unemployment seen as an impending threat to stability in Africa (AU, 2011), solutions to create opportunity are highly regarded and welcomed by African Statesmen. In that perspective, the Leon H. Sullivan Foundation in conjunction with Phelps Stokes, the global education and leadership advocacy organization, will host the Global Youth Innovation Network Forum during the 9th Sullivan Summit, from August 20-24, in Malabo, Equatorial Guinea. The Forum, through the integration of the Global Youth Innovation Network (GYIN) will convene more than 60 young entrepreneurs and leaders from over 30 countries to share practices to develop evidence-based, sustainable, and cost-effective entrepreneurship and leadership programs and policies that address the root causes of African youth unemployment while increasing the opportunities of young people to obtain jobs and start successful businesses. The Leon H. Sullivan Foundation and Phelps Stokes, in partnership with the Global Youth Innovation Network (GYIN) commit to lift 5000 youth from around the world out of poverty by 2015.  The goal will be achieved through leadership and entrepreneurship training, workforce development, funding, and exposure to business prospects as well as small to medium-scale businesses. “Investing in young people is key to enhancing agricultural productivity and food security, boosting economies and reducing rural-to-urban migration in Africa… youth have enormous potential for the innovation and risk-taking that is often at the core of growth and development, particularly in agriculture,” said Pape Samb, CEO of Phelps Stokes. [caption id="attachment_1701" align="alignright" width="241" caption="His-Excellency-President-Teodoro-Obiang-Nguema-Mbasogo-of-Equatorial-Guinea-with-hostess-Hope-Sullivan-President-of-Leon-H.-Sullivan-Foundation"]His-Excellency-President-Teodoro-Obiang-Nguema-Mbasogo-of-Equatorial-Guinea-with-hostess-Hope-Sullivan-President-of-Leon-H.-Sullivan-Foundation[/caption] The 9th Leon H. Sullivan Summit will attract more than 4,000 participants from the United States, Africa, Europe, Asia and the Caribbean, and will address matters related to Food Security, Agricultural Sustainability, Human Rights, Trade and Regional Integration and Youth Employment. More than 150 organizations and governments are expected to attend the 9th Leon Sullivan Summit and invest in young entrepreneurs so that they can improve their lives, contribute to their communities, and become successful professionals.. “The continent’s youth are the leaders of tomorrow, and only by creating a platform in which they can adequately engage, inspire and enrich others, will they be able to create social and economic dynamism necessary for Africa to truly experience its rise as a global economic player,” stated Ms. Hope Sullivan Masters, President and CEO of the Leon H. Sullivan Foundation. More information can be found at www.sullivansummit.org  

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