AfCFTA

July 2, 2021

Douala to host a forum on financing and growth dynamics from 15-16 Sep 2021

African Continental Free Trade Area (AfCFTA): “How can financing and development of Industry support the growth dynamics of member countries?” is the theme of the 2^nd edition of Pro Meet Up and Learn (PML), to be held in Douala from 15 to 16 September 2021.

PML is an economic forum organised by Cameroonian company Business Facilities Corporation SA (BFC) to discuss various topics and offer decision-makers endogenous solutions for the development of the African continent. “Africa usually imports ready-made concepts that though effective elsewhere are generally inefficient on the continent,” Carole Mbssa Elongo, sponsor of the PML said, before insisting on the need for solutions that take into account specific realities of the African continent.

In order to buttress her statement, Alain Blaise Batongué, former executive secretary of Cameroonian Employers’ Association GICAM and member of the steering committee of the 2^nd PML, cited the exceptional resilience of African countries amid the coronavirus pandemic in spite of the gloomy predictions of some analysts.

The PML 2021 will bring together several renowned speakers, notably Ivorian Stanislas Zézé who founded Bloomfield Investment- the first rating agency in Francophone Africa, Gregor Binkert, former World Bank Operations Manager for Central Africa, Toyin Sanni, Investment Banker and CEO of Emerging Africa Capital Group, and Sandile Zungu founder of Zungu Investment Company (ZICO).

The speakers will discuss with executives, Cameroonian officials, financial partners, academics, local officials, and various experts on the selected theme. At the end of the discussions, endogenous solutions will be suggested to decision-makers to help them capitalize on the opportunities presented by the AfCFTA, which became effective in January 2021.

Source: Cameroon Business, Thursday, 2 June 2021