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High turnout at the opening of 2016 AFRICA CEO FORUM

March 21, 2016

H.E. Alassane Ouattara, President of the Republic of Côte d'Ivoire

The 2016 AFRICA CEO FORUM, frontrunner of African business conferences, opened in Abidjan, Cote d’Ivoire on Monday. CEO’s made a strong showing at this year’s event, recording a 20% increase compared to last year’s edition. There were over 1,000 participants from 63 countries, including 43 African countries.

H.E. Alassane Ouattara, President of the Republic of Côte d’Ivoire

ABIDJAN, Ivory Coast, 21 March 2016, -/African Media Agency (AMA)/- The annualAFRICA CEO FORUM (ACF) was opened in Abidjan on Monday by H.E. Alassane Ouattara, President of the Republic of Côte d’Ivoire and Akinwumi Ayodeji, President of the African Development Bank (AfDB). In his opening remarks, Amir Ben Yahmed, Managing Director of Groupe Jeune Afrique and CEO of ACF highlighted this year’s theme: New Realities, New Priorities.

ACF is organised by Groupe Jeune Afrique, in partnership with the African Development Bank (AfDB) and Rainbow Unlimited.

All three main speakers put the spotlight on Africa’s economic and security challenges, emphasising on its resilience despite global commodity shocks. The continent recorded a 4% growth in 2015.

“Attendance at the AFRICA CEO FORUM has increased, which strongly signals the commitment of the private sector to keep the momentum, despite the challenges”, said Amir Ben Yahmed. “Africa is united in support of Côte d’Ivoire in its fight against terrorism”, he added.

Mr. Ben Yahmed also announced two new initiatives, the Africa CEO Network, which seeks to bolster continuity for the Forum all year round, and the Women in Business Initiative, geared towards the promotion of the role of women play in business.

AfDB President, Mr. Akinwumi Ayodeji Adesina, commended the Ivorian president as “an effective company CEO for Côte d’Ivoire”. He also spoke about Africa’s resilience in the face of declining commodity prices. “Africa must feed itself, using its untapped resources, through industrialisation and integration among its nations, driven by a commitment to improve the quality of life for the African people”, he concluded.
President Alassane Ouattara called for a “long-term win-win partnership between the Government and a strong and responsible private sector”. He also said the continent needs to “absorb a greater share of the value-added derived from the processing of its raw materials”.

AfDB President, Mr. Akinwumi Ayodeji Adesina

“These are tough times. But where there is a challenge, there is an opportunity!”, said Aliko Dangote to a resounding applause which sums up the tone of the fourth edition of theAFRICA CEO FORUM. Mr. Dangote was one of six speakers on the first panel, which dissected the theme: “Between Ambition and Resilience – Making the most of volatile times”.

For more information, please visit our website at: www.theafricaceoforum.com

Follow us on social networks:
– Twitter: @africaceoforum #ACF2016
– LinkedIn: The Africa CEO Forum group

All photos of the event can be downloaded free of copyrights by clicking on:https://www.flickr.com/photos/theafricaceoforum/

All the videos are also available on the Youtube channel of the ACF at:https://www.youtube.com/channel/UC5KR9HtYyD06h7FkMP2AXHA

Distributed by African Media Agency (AMA) on behalf of the AFRICA CEO FORUM.

About the AFRICA CEO FORUM

Developed in partnership with the African Development Bank, the AFRICA CEO FORUM is an event organized by the Jeune Afrique Group, publisher of Jeune Afrique and The Africa Report, and Rainbow Unlimited, a Swiss company specializing in the planning of investment promotion events. Over 800 African and international figures attended the 3rd edition in 2015, including 500 CEOs from 43 African countries and 100 high-level speakers. The AFRICA CEO FORUM is now established as the major event addressing issues of private sector development in Africa.

Media contact:
Abdoul Maïga
Tel. +33 1 44 30 18 18
a.maiga@theafricaceoforum.com

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