In an era of high volatility and deep crisis, Africa has enjoyed economic success. According to BDLive, 'A combination of high commodity prices, increased domestic demand, improved economic governance and management, and stronger trade and investment ties with other developing economies has helped African countries record on average an impressive 5% annual growth in gross domestic product over the past 10 years. It is a performance that more developed and wealthier regions simply cannot match.'
But Africa's growth has not provided the new jobs its people desperately need. The recently released 2014 Economic Report on Africa by the United Nations Commission on Africa has found that the root cause has been a continued dependence on primary commodity production and exports.
If Africa accelerates industrialisation through the roll-out of its strategic infrastructure then inclusive economic growth and structural transformation can take place.
The annual Infrastructure Africa Business Forum (IABF) will present stakeholders with an opportunity to unpack the enormous growth potential in addressing Africa's infrastructure needs. This year's event, at the Sandton Convention Centre, will tackle the issue of regional integration on infrastructure projects, along with other blockages and opportunities in the African infrastructure sector.
After a successful launch in 2012, delegates can expect further participation from African delegates at this year's Business Forum. The two-day event will be held on 21-22 July 2014 at the Sandton Convention Centre in Johannesburg and will bring together Africa's most senior business leaders, policymakers, regulators and media to advance debate and champion delivery of Africa's critical infrastructure requirements.
'Everyone is looking for African project opportunities but it is difficult to understand which ones are real and which are 'ideas'. The IABF will be hosting senior project managers from a host of African countries who will be discussing and showcasing actual projects and the opportunity for investments, partnerships and those providing a real return. We are encouraged by the desire for African project owners to discuss their respective investment opportunities at the IABF and this will provide all participants with added value through their attendance,' commented Liz Hart, Managing Director.
Delegates can expect to explore new trading opportunities, establish and strengthen business networks, develop and form partnerships and plan a way forward to address some of the continent's infrastructure project requirements. Expert advice and input on the current state of infrastructure in Africa and the anticipated impact of future development will also be presented.