Talking is important but doing is essential for Africa’s private sector

This comes at the time when the role of business is redefined globally, embracing a focus on generating long-term value for all stakeholders and addressing the challenges we face, which will result in shared prosperity and sustainability for both business and society.

We need to recognise that supporting a free-trade area is not an act of charity but rather a strategic move. These steps should be accompanied by the promotion and protection of intra-Africa investment through an African Union-monitored and enforced regulatory regime, including competent arbitration.“Skills” was the word on almost everyone’s lips throughout the gathering, particularly the view that we must show preference for African high-end skills and talent, including that from the diaspora, and enable free movement and accessibility.

We must urgently roll up our sleeves, though: sub-Saharan Africa has a global share of high-skilled employment of only 6% while 39% of the core skills required across occupations in Africa will be entirely different by 2020. For this we need a future-ready curriculum that speaks to the increasingly technology-driven economy and learners require proficiency in science, technology, engineering, maths and digital literacy.

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