Switzerland and Sankalp Africa Summit in Plan to Help Private Sector Players Achieve Sustainable Development in Frontier Economies

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Switzerland, one of the wealthiest countries in Central Europe, has partnered with the Sankalp Africa Summit, an initiative of Intellecap, a global investment and advisory firm, to help private sector players achieve sustainable development in the continent’s frontier economies.

The Summit is scheduled to host its 6th edition on February 21st and 22nd, 2019 in Nairobi, Kenya. The affair has grown to become one of the largest regional platforms for entrepreneurship and innovation bringing together diverse global actors including investors, corporations, DFIs and foundations.

The Global Sankalp Summit 2019 renews its focus with the theme ‘Accelerating Unlikely Alliances to build on Inclusive Africa’.  The 2019 Sankalp Africa Summit is the one place where all these relevant stakeholders convene with the objective of building an enabling ecosystem for entrepreneurship.  The upcoming Summit looks forward to helping align stakeholders and provide a platform where unlikely alliances can take hold, and their collective impact can be amplified.

The Summit’s organisers believe that there is an imperative need to challenge the conventional notions that accompany many of the Fragile and Conflict-Affected States (FCAS) that have undergone severe economic, social and demographic stress.

“These economies today, however, present a unique opportunity to private sector actors to access these geographies, and through their focused interventions, revive potential opportunities for investments and sustainable development in these regions.  Through our sessions at the Sankalp Africa Summit 2019, we will aim to de-mystify some of these Frontier Economies, explain recent economic and political developments, and highlight some of the very real opportunities for investment in these regions,” they said ahead of the event.

According to Ralf Heckner, Ambassador of Switzerland to Kenya, Burundi, Rwanda, Somalia and Uganda, Switzerland is thrilled to be a Track Partner to the 6th edition of Sankalp.

“The Summit’s focus towards cultivating ‘Unlikely Alliances’ not only resonates with us, but also instils a sense of shared value and commitment towards finding solutions to some of the most complex and pressing challenges that exist. Our overarching work in Frontier Economies and towards Universal Health Coverage should help unwrap health ecosystems and clarify the roles and comparative advantages of private actors, including less conventional ones,” Heckner added.

“Our ambition is to pioneer and catalyze a shift in paradigms about normality in healthcare structure and delivery, and about how health systems can better be understood and strengthened…We will require a radical departure from the ‘business as usual’ mentality, and would need to embrace a more dynamic approach…that aims to improve the lives of people without leaving anybody behind,” he continued.

The 6th Sankalp Africa Summit is expected to drive greater harmonization among global actors and build on conversations from the region, and will witness participation from over 1,100 delegates representing 40 countries across 60 sessions, listening to over 120 speakers and representation from more than 25 partners.

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