https://en.sputniknews.africa/20240116/africa-moving-to-forefront-of-global-economic-development-nigerian-vice-president-says-1064642459.html
Africa Moving to Forefront of Global Economic Development, Nigerian Vice President Says
Africa Moving to Forefront of Global Economic Development, Nigerian Vice President Says
Sputnik Africa
The 54th annual meeting of the World Economic Forum (WEF) is being held in Davos, Switzerland, from January 15-19. Its theme is "Rebuilding Trust". The forum... 16.01.2024, Sputnik Africa
2024-01-16T14:15+0100
2024-01-16T14:15+0100
2024-01-16T14:15+0100
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Africa is moving to the forefront of global economic development, Nigerian Vice President, Kashim Shettima said at the World Economic Forum in Davos.The fact that Africa is the world's youngest continent is not a demographic disaster that could engulf it, but rather a demographic advantage, he noted. Africa can become a driver of global change and global growth, according to the vice president.Shettima also highlighted that while the growth of the global economy will depend on Africa, Nigeria will play a very important role in this development. He went on to say that one in four Africans lives in Nigeria, at the same time, every African is a born entrepreneur, this potential just needs to be properly managed.The WEF is a Swiss non-governmental organization that holds annual meetings to discuss current issues in politics, economics and public life. This year's event is taking place on January 15-19.
https://en.sputniknews.africa/20231120/industrialization-day-next-major-global-growth-opportunity-will-come-from-africa-official-says-1063681863.html
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world economic forum (wef), nigeria, switzerland, west africa, economy, development, demography
world economic forum (wef), nigeria, switzerland, west africa, economy, development, demography
Africa Moving to Forefront of Global Economic Development, Nigerian Vice President Says
The 54th annual meeting of the World Economic Forum (WEF) is being held in Davos, Switzerland, from January 15-19. Its theme is "Rebuilding Trust". The forum brings together business leaders, political leaders and experts from more than 120 countries, with a total of more than 2,800 participants.
Africa is moving to the
forefront of global economic development, Nigerian Vice President, Kashim Shettima said at the World Economic Forum in Davos.
Experts estimate the total GDP of African countries at $3.4 trillion and the consumer market at 1.3 billion people, Kashim Shettima said, adding that Africa has many natural resources, but its most important resource is its people.
The fact that Africa is the world's youngest continent is not a demographic disaster that could engulf it, but rather a demographic advantage, he noted. Africa can become a driver of global change and
global growth, according to the vice president.
Shettima also highlighted that while the growth of the global economy will
depend on Africa, Nigeria will play a very important role in this development.
He went on to say that one in four Africans lives in Nigeria, at the same time, every African is a born
entrepreneur, this potential just needs to be properly managed.
The WEF is a Swiss non-governmental organization that holds annual meetings to discuss current issues in politics, economics and public life. This year's event is taking place on January 15-19.
