Hundreds of policymakers and financial experts have converged on Gabon’s capital, Libreville, for a three-day conference aimed at boosting business and investment opportunities in Africa.
After years of instability, it seems the continent is turning a corner.
“Of course Africa has some difficulties in some countries, but it is now experiencing economic growth. It can become the land of development and growth for companies,” said Richard Attias, founder of ‘New York Forum Africa.’
Six of the world’s ten fastest growing economies in the past decade are said to be in Africa.
“With the rate of growth from five to six per cent, there is room for improvement, improvement that will benefit the political landscape and leadership. We have noticed democratic improvements and much more transparency of information,” said Shantayanan Devarajan, chief economist at Africa World Bank.
Ideas and proposals coming out of the conference will be presented to the G20 summit in Mexico later this month.
“The wind of economic optimism is swirling around Africa, supported by a new generation of talented businessmen and women and innovators. This generation wants its voice to be heard in the future development of the nations which make up this continent,” said euronews correspondent François Chignac in Libreville.