The latest edition of a high profile meeting dubbed the European Union-Africa Business Forum (EABF) kicks off today, on November 27th, 2017 in Cote d’Ivoire.
The Forum, which marks the 6th edition of the event, concludes a series of business-related events held in Africa and Europe in the course of 2017 in preparation for the 5th African Union-European Union Summit.
The affair, which is being held in Abidjan, the economic capital of Côte d’Ivoire, brings together African and European stakeholders to improve the business and investment climate between both regions.
Investors, business leaders and industry stakeholders are set to explore the theme of investing in job creation for the continent’s youth.
Speaking ahead of the event, Centre for Agricultural and Rural Cooperation (CTA) Director Michael Hailu called for the integration of innovative Information and Communication Technology (ICT) technologies into agribusiness.
CTA is a joint international institution of the African, Caribbean and Pacific (ACP) Group of States and the European Union (EU). The orgnisation is set to hold a panel discussion on the use of ICT in agriculture termed ICT4Ag.
“ICT4Ag is a game changer in agricultural transformation in Africa, and young ICT4Ag entrepreneurs are making a difference for smallholder producers,” said Hailu.
“Therefore an enabling policy environment is needed to support greater ICT innovation in African agriculture and such innovations also need to be scaled up to improve smallholder agriculture and build farmers’ resilience against climate change,” he explained.
The EU-Africa Business Forum is the culmination of a high-level round-table on renewable energy investments in Africa that was held on April 24th 2017; a CEO power breakfast that was held earlier this year in Brussels; the May edition of the World Economic Forum on Africa, and a meeting between African and EU leaders that was hosted in Durban.
EABF is an integral part of the Joint Africa-EU Strategy (JAES). Its main objective is to bring the views of business to both European and African leaders on critical issues pertaining to both continents’ relations.