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Africa Prosperity Dialogues 2025 Set to Tackle Continent's Economic Challenges

 


Story by Nsor Paul Mensah 

The Africa Prosperity Dialogues 2025, organized by the Africa Prosperity Network, is gearing up to address the continent's most pressing economic challenges. This year's event, themed "Delivering Africa's Single Market through Infrastructure: Invest. Connect. Integrate," will focus on tackling the critical infrastructure bottleneck hindering efficient transport and logistics.

According to Mr. Rui Pedro Afonso Livramento, Chief of Staff at the AfCFTA Secretariat, despite significant progress made by the African Continental Free Trade Area (AfCFTA) since its launch, infrastructure remains a major obstacle, with intra-African trade costs ranging from 30 to 40%. To address this, the AfCFTA Secretariat is promoting the establishment of trade aggregators to integrate Small and Medium-sized Enterprises (SMEs) into continental value chains, with Ghana, Egypt, Rwanda, Kenya, and South Africa taking the lead.

The dialogues, scheduled to take place from January 30 to February 1, 2025, at the Accra International Conference Centre in Ghana, will bring together over 3,000 participants from 46 countries, including African heads of state, institutional heads, industry leaders, and entrepreneurs.

Sidig Faroug El Toum, CEO of the APN Secretariat, praised the Ghanaian people for their leadership in pan-Africanism and expressed hopes for significant agreements to be signed during the event, which would bring valuable resources to Ghana and other participating African countries.

Stephanie Diatta, Chief of Partnerships and International Relations at the APN Secretariat, highlighted the importance of infrastructure development in facilitating continental trade. The dialogues will feature fireside chats, addresses, and presentations by prominent personalities, providing valuable insights and expertise.

The event will be divided into two pillars, adopting a comprehensive approach to address the complex, cross-sectoral challenges surrounding infrastructure development. The dialogues aim to bring together public and private sector leaders to bridge the gap between policy and implementation, tackling information asymmetries that often hinder effective collaboration 

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