Published On: Tue, Jan 19th, 2016

Dynamic economies to meet at CEOs Forum

CEOsNAIROBI, (CAJ News) – KENYA President, Uhuru Kenyatta, and his Ivory Coast counterpart, Alassane Ouattara, will participate in the upcoming Africa Chief Executive Officers Forum.

The event scheduled for March will bring together more than 800 key figures from across the continent and the entire world.This upcoming edition marks Uhuru Kenyatta’s first official trip to the West African country.

The two presidents will exchange views and discuss different approaches to accelerating structural reforms and improving the business climate.This is in order to foster a strong African private sector capable of providing a rich source of growth and jobs.Kenya and Ivory Coast are rated the most dynamic economies of East and West Africa,having achieved the status of middle-income country last year.

Kenya has consolidated its position as East Africa’s economic powerhouse with a gross domestic product (GDP) of $60 billion and a growth forecast of 6,6 percent for 2016.Ivory Coast, with economic growth at almost 10 percent per year since 2012, investment now accounting for more than 20 percent of GDP and exports constantly on the rise since 2009, is the driving force behind regional integration in West Africa.

“At a time when the continent faces an uncertain economic environment, the participation of the highest representatives of the most dynamic economies of East and West Africa is a true testament to the success of the Africa CEO Forum,” organisers said.Africa Forum CEO’s objective is to foster the development of the African private sector by promoting dialogue and regional integration between all of the continent’s economic zones.

The forum is the foremost international meeting for African leaders and brings together the continent’s top CEOs, bankers, investors and public decision-makers each year.

CAJ News

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