The New Economic Revolution: An African Perspective (World Governments Summit, Dubai, 11 February 2025)

The New Economic Revolution: An African Perspective (World Governments Summit, Dubai, 11 February 2025)

AfDBGroup

Join us for a groundbreaking panel discussion that challenges long-held misconceptions about investment risk in Africa, featuring distinguished speakers Dr. Akinwumi Adesina (President and Chair of the Boards, African Development Bank Group), Tony Elumelu (Founder, Tony Elumelu Foundation), and David Moinina Sengeh (Chief Minister of Sierra Leone).


In this compelling session moderated by CNN International's Eleni Giokos, our speakers present surprising data that turns conventional wisdom about African investment risk on its head. Dr. Adesina reveals exclusive Moody's Analytics findings showing that Africa's investment loss rate of just 1.7% over the past 14 years significantly outperforms both Latin America (13%) and Eastern Europe (10%). This stark contrast to common risk perceptions sets the stage for a frank discussion about the costly myths holding back continental development.


Tony Elumelu, drawing from his vast experience managing investments across four continents, shares firsthand insights about the unparalleled returns available in African markets. His practical approach to risk assessment and mitigation offers valuable lessons for international investors considering African opportunities.


Sierra Leone's Chief Minister Sengeh introduces the innovative concept of "consensuous concessions," demonstrating how modern resource agreements can benefit investors, governments, and local communities simultaneously. His analysis of Sierra Leone's rutile mining sector provides a concrete example of how African nations are revolutionizing their approach to resource management.

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