Events
The Annual Bank Conference on Africa: Managing the Challenges and Opportunities of Urbanization in Africa
Investing in Africa Forum: Experience Sharing and Investment Promotion, Building Complementarities and Shared Prosperity
September 7-8, 2016White Swan Hotel, Guangzhou, China


The 2nd Investing in Africa Forum (IAF), organized by the Government of Guangdong Province, People’s Republic of China, China Development Bank and the World Bank Group, aims to promote experience sharing between China and Africa and build accelerated investment in Africa. Under this overarching goal, the IAF will address five themes; agriculture and agribusiness; cooperation to expand capacity in manufacturing and industrialization; infrastructure development, regional connectivity and renewable energy; skills development, vocational training and job creation; and trade and tourism. The Forum will be predominantly forward-looking and results-oriented, and will showcase a number of projects in Africa with committed or prospective investments from China as well as Guangdong Province. The IAF will bring together about 300 people from the government and the private sector in African countries and China, as well as international and continental institutions, development partners, and think tanks, to share experiences and explore opportunities to accelerate investment in Africa.

China is currently the largest single bilateral investor in Africa as well as the continent’s largest trading partner. China-Africa engagement has expanded rapidly in recent years and spurred growth and structural transformation in African countries. While pursuing accelerated investment in Africa, China is also engaging in more inclusive partnerships with African countries, and its commitment to investment could significantly help the continent to both enhance resilience and promote economic development.

The Investing in Africa Forum (IAF), was established in 2015 as a global platform for multilateral cooperation, promoting opportunities to increase investment in Africa. It is intended to be an annual multi-stakeholder gathering, bringing together representatives of the public and private sector from China and African countries, international and continental institutions, development partners, and think tanks to deepen policy dialogue, share experiences, and discuss business opportunities to promote and support investment and sustainable development in Africa. It was first initiated by China Development Bank (CDB) with the full endorsement of the Chinese Government, and won the strong support of the World Bank Group (WBG) and African countries at large.

The first IAF was co-organized by the Government of Ethiopia, CDB, China Africa Development Fund, WBG and the United Nations Industrial Development Organization (UNIDO) in Addis Ababa on June 30 and July 1, 2015.  With the theme “Partnering to Accelerate Investment, Industrialization and Results in Africa,” it brought together more than two hundred participants from China and African countries, private sector, regional institutions and development partners to explore practical steps to accelerate investment in Africa. As one of the follow-ups to the first IAF, the second IAF has the objective of promoting partnerships for accelerated investment to build complementarities and share prosperity between Africa and China. The Forum will also showcase a number of projects in African countries with committed or prospective investment from China as well as Guangdong province.

Objective and Theme

The IAF will be structured around five themes; agriculture and agribusiness; cooperation to expand capacity in manufacturing and industrialization; infrastructure development, regional connectivity and renewable energy; skills development, vocational training and job creation; and trade and tourism. An important aspect of each session will be to benefit from the Chinese experience and its relation to specific national and sub-national settings and development priorities in African countries. Equally important will be for Chinese participants to learn from their African partners the opportunities, priorities and challenges of investing in Africa. The WBG will bring in the perspective of its analytical work and ongoing programs in these thematic areas. 

The “Investing in Africa Think Tank Alliance” (IATTA) as proposed at the First IAF in Addis Ababa will be formally launched at the second IAF in Guangzhou. It aims to synergize the intellectual capabilities of think tanks and the capital strengths of development finance institutions to promote sustained development and investment activities in Africa and serve as a global platform for multilateral cooperation. China Development Bank’s Research Academy and the World Bank’s Africa region will take a lead in co-sponsoring the IATTA and organizing its activities.

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09.00-10.00 | Opening Ceremony

Chair: Mr. XU Shaohua, Executive Vice-Governor, Guangdong Province, China

Honorary speakers:

  • Mr. MA Kai, Vice Premier, the State Council, China
  • Mr. Jacob Zuma, President, South Africa
  • Mr. Patrice Talon, President of Benin
  • Mr. ZHU Xiaodan, Governor, Guangdong Province, China;
  • Mr. Jim Yong Kim, President, the World Bank Group;
  • Mr. HU Huaibang, Chairman, China Development Bank, China

10.00-10.15 | Break 

10.15-10.30 | Cooperation Agreements Signing Ceremony

10:30-10:35 | Video Show on China – Africa Partnership and Cooperation

10.35-12.30 | Keynote Speech Session:  Working Together in Partnership to Build Complementarities and Promote Shared Prosperity in Africa

Chair:

  • Ms. Haleh Bridi, Director for Africa Region Communication and Partnership, Africa Region, the World Bank

Keynote Speakers:

  • Mr. NING Jizhe, Vice Chairman (Minister Level), the National Development and Reform Commission on “Sino-Africa Capacity Cooperation”
  • Mr. SHI Yaobin, Vice Minister, Ministry of Finance, China
  • Mr. Carlos Lopes, Executive Secretary of the United Nation Economic Commission for Africa (UNECA)
  • Mr. ZHANG Ming, Vice Minister, Ministry of Foreign Affairs, China
  • Prof. Justin Yifu LIN, Honorary President, the National Development School, Beijing University, China
  • Ms. Karin Finkelston, Vice President and Chief Operation Officer, Multilateral Investment Guarantee Agency (MIGA), World Bank Group
  • Mr. Abdulaziz Mohammed, Minister of Finance and Economic Development, Ethiopia
  • Prof. ZHONG Weihe, President of Guangdong University of Foreign Studies, China

12.30-14.00 | Lunch Buffet

14.00-15.50 | Session I: Boosting Agricultural Productivity and Expanding Agribusiness Opportunities

Chair: Mr. Sergio Pimenta, Director, Global Industry, Manufacturing, Agribusiness & Services, IFC

Moderator: Mr. Todd Benjamin

Panelist:

  • Prof. YUAN Longping (Special invitee from the Forum)
  • Mr. Rivo Vakotovao, Minister of Agriculture Husbandry, Madagascar 
  • Mr. Celso Ismael Correia, Minister of Rural Development, Land and Environment, Mozambique
  • Mr. FENG Yong, Deputy Director General, Foreign Economic Cooperation Center, Ministry of Agriculture, China
  • Mr. Dejene Tezera, Division Chief of Agri-business Department, United Nations Industrial Development Organization (UNIDO)
  • Mr. Rui Benfica, Lead Economist, the International Fund for Agricultural Development (IFAD)
  • Dr. Patrick Sawasawa Kambewa, Associate Professor, Department of Economics, Chancellor College, University of Malawi, Malawi
  • Mr. WAN Junyi, Dean of the College of Economics and Management, South China Agricultural University

15:50-16:10 | Break

16.10-18.00 | Session II:  Deepening Industrial Cooperation to Accelerate Africa’s Manufacturing Capacity and industrialization

Chair: Ms. Vera Songwe, Regional Director, West and Central Africa, IFC

Moderator: Mr. Todd Benjamin

Panelists:

  • Mr. LIU Yong, Chief Economist, China Development Bank, China
  • Dr.  Enelamah Okechukwu, Minister of Industry, Trade and Investment, Nigeria
  • Mr. Abdoulaye Magassouba, Minister of Mining, Guinea
  • Mr. Kassi Jean Claude BROU, Minister of Industry and Mines, Cote d’Ivoire
  • Ms. Claudine Mukeshimana, Executive Director of Rwanda Association of Manufacturers, Rwanda
  • Ms. XIANG Xiaomei, Director of Industrial Economy Research Institute, Guangdong Academy of Social Sciences, China
  • Mr. Issac Tamba, Director General, Ministry of Economy, Planning and Regional Development, Cameroon

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9.00-10.30   | Session III: Skills Development, Vocational Training and Job Creation

Chair: Mr. Guangzhe CHEN, Country Director, Africa Region, the World Bank

Moderator: Mr. Todd Benjamin

Panelists:

  • Mr. Amadou BA, Minister of Economy, Finance and Planning, Senegal
  • Mr. Tang Weiqun, President of Guangdong Technical College, China
  • Mr. Vivek Pathak, Regional Director for East Asia and the Pacific, IFC
  • Mr. Oluniyi Robbin Coker, Chairman of the Board, Investment and Export Promoting Agency, Sierra Leone
  • Ms. Carole Kariuki, Head of the Kenya Private sector Alliance, Kenya
  • Mr. Jabo Richard Arthur, Board Director, Uganda Industrial and Business Parks, Uganda

10:30-10:45 | Break

10.45-12.30 | Session IV: Infrastructure Development, Regional Connectivity and Renewable Energy

Chair: Mr. Jamal Saghir, Senior Regional Advisor, Africa Region Vice- Presidency, the World Bank

Moderator: Mr. Todd Benjamin

Panelists:

  • Mr. Jean-Jacques Bouya, Minister, Presidency in charge of Territory Planning and Large Projects, Republic of Congo
  • Mr. Boubou Cisse, Minister of Economy and Finance, Mali
  • Mr. YUAN Yue, Deputy Director of Guangdong Port Authority, China
  • Mr. Aboubaker Omar Hadi, Chairman, Djibouti Ports and Free Zones Authority, Djibouti
  • Dr. Joseph O. Onjala, Institute for Development Studies, University of Nairobi, Kenya
  • Mr. Chi Jianxin, Chairman, China Africa Development Fund (CAD Fund), China
  • Mr. Otehg Gyasi Anhony, Managing Director, Tropical Cable and Conductor Ltd., Ghana
  • Mr. Quinton A. Tunis, Director, National Investment Committee, Liberia

12.30-14.00 | Lunch Buffet

14.00-15.30 | Session V: Promoting Culture Exchange and Tourism Development

Chair: Ms. Louise Cord, Country Director, Africa Region, the World Bank

Moderator: Mr. Todd Benjamin

Panelists:

  • Mr. Roland de RATSIRAKA, Minister of Tourism and Culture, Madagascar
  • Mr. LIU Kezhi, Director General, China National Tourism Administration, China   
  • Dr. Nelson H. Were Wawire, School of economics, Kenyatta University, Kenya
  • Prof. Kamvntv Ephraim, Ministry of Tourism Wildlife and Antiquities, Uganda
  • Mr. ZHU Hong, Vice President of South Normal University, China
  • Dr. Gabriel Ukertor Moti, Department of Public Administration, University of Abuja, Nigeria

15:30-15:45 | Break

15.45-17.25 | Session VI: Business Promotion Special Session

Chair: Mr. LIANG Huijiang, Director General, International Finance Department, China Development Bank (CDB), China

Speakers:

  • Dr.  Enelamah Okechukwu, Minister of Industry, Trade and Investment, Nigeria
  • Mr. Pierre Ndiaye, Director General, Ministry of Economy, Finance and Planning, Senegal
  • Mr. CAO Jiachang, Deputy Director General, Department of West Asian and Africa Affairs, Ministry of Commerce of China - Presentation on 10 Sino-Africa Cooperation projects
  • Mr. ZHENG Jianrong, Director General of Commerce Department, Guangdong Province, China – Presentation on Guangdong’s Investment Projects in Africa.
  • Mr. ZHANG Huarong, Chairman of Hua Jian Group/
  • Mr. HOU Jianxiong, Vice Chairman of Africa Investment and Trade Alliance, and President of Shineng Group Ltd: Experience Sharing on Investing in Africa from Guangdong
  • Mr. Cheikh Oumar Seydi, Director, Eastern and Southern Africa, IFC
  • Mr. Jae Hyung Kwon, Head of North Asia, MIGA
  • Mr. WU Pin, Deputy Director General, The Corporate Planning Department, China Development Bank – Presentation on Financial Services and Investing toward Africa (1)
  • Mr. TIAN Yunhai, Director, International Business Department, China Development Bank - Presentation on Financial Services and Investing toward to Africa (2)
  • Mr. ZHOU Chao, Deputy CEO, China Africa Development Fund - Presentation on Financial Services and Investing toward to Africa (3)

17:25-17:30 } Break

15.45-17.25 | Special IATTA Roundtable: Enhancing Knowledge Partnership to Support Africa’s Development Agenda

Chair: Mr. LIU Yong, Chief Economist, China Development Bank, China

Panelist:

  • Mr. David Dollar, Senior Fellow at John L. Thornton China Center, Brookins Institution, USA
  • Mr. Albert G. Zeufack, Chief Economist, Africa Region, the World Bank Economist, Africa Region, the World Bank
  • Mr. LIU Weihua, Deputy Director General, Department of International   Economic & Financial Cooperation, Ministry of Finance
  • Mr. James McGann, Senior Fellow at Foreign Policy Research Institute and Director of its Think Tanks and Foreign Policy Grogram, University of Pennsylvania, USA
  • Mr. LI Xiaoyun, Chairman, Network of Southern Think Tanks, Professor of China Agriculture University
  • Mr. Steve Glovinsky, Advisor to the Executive Secretary of the United Nations Economic Commission for Africa
  • Mr. ZHOU Qiangwu, Director of International Economics and Finance Institute
  • Mr. TADESSE HATIYA OGE, Vice President, Ethiopian Development Bank, Ethiopia
  • Mr. XU Weizhong, Director, Institute of African Affairs, China Institutes of Contemporary International Relations, China
  • Mr. Shuilin WANG, Advisor, Africa Region, the World Bank
  • Mr. LAI Youwei,Deputy Director of Executive Office, Development Research Center of the State Council
  • Mr. ZHANG Chun, Director of Africa Division, Shanghai Institute of International Studies

17.30-18.00 | Closing Session

Chair: Ms. Haleh Bridi, Director for Africa Region Communication and Partnership, Africa Region, the World Bank

Speakers

  • Mr. XU Shaohua, Executive Vice Governor, Guangdong Province, China
  • Mr. ZHOU Qingyu, Executive Vice President, China Development Bank, China
  • Ms. Karin Finkelston, Vice President and Chief Operation Officer, Multilateral Investment Guarantee Agency (MIGA), World Bank Group
  • Dr.  Enelamah Okechukwu, Minister of Industry, Trade and Investment, Nigeria
  • Mr. Bahati David, State Minister, Ministry of Finance, Planning and Economic Development, Uganda
  • Mr. Amadou BA, Minister of Economy, Finance and Planning, Senegal (host country for the 3rd IAF)

18.00-18.30 | Press Conference

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9.00-17.30 | Field Visit (Guangzhou, Foshan or Dongguan), Guangdong Province (optional)

Field Trip to Guangzhou

Guangzhou is the capital of Guangdong Province, the nation’s historical and cultural city. It is one of China’s international business centers and an integrated transportation hub, thus commonly known as China’s South Gateway. Covering a total area of 7434.43 square kilometers, Guangzhou has a registered population of 8.25 million, the city of Guangzhou was established 2230 years ago, and is one of the centers of Lingnan culture.

In 2015, GDP of Guangzhou was CNY 1.81 trillion (about USD 277.92 billion), ranking the third among the Chinese mainland cities for 27 consecutive years. Its per capita GDP achieved a breakthrough to reach more than USD 20,000.

Guangzhou has twined with 36 foreign cities and established international friendship city relations with 27 foreign cities, 53 countries have opened consulates in Guangzhou. It also has conducted foreign exchanges with more than 1,000 cities in 136 countries. Guangzhou’s international integration has been raised to a new level.

Field Trip to Foshan

Adjacent to Hong Kong SAR and Macau SAR, Foshan is located in the Pearl River Delta region. The city covers a total area of 3797.72 km2 with a population of 7.3506 million.

In 2015, Foshan was designated as the national pilot city for comprehensive reform on industry transformation and upgrading. The city has formed its leading position in various industries, including machinery equipment, household appliances, ceramic products and building materials, metal processing and products, textile and garment, electronic information, food and beverage, fine chemicals and pharmacy, and housewares, etc. Emerging industries like opto-electronic devices, environment-friendly products, new materials, new medicines and new energy vehicle are rising. A modern industrial system with increasingly comprehensive supporting functions is taking shape. Up till now, there are 75 projects invested by African countries with a contractual foreign capital of 272 million US dollars and a utilized foreign capital of 87.08 million US dollars in Foshan.

Field Trip to Dongguan

Located in the south central Guangdong Province and to the east of the Pearl River estuary, Dongguan is situated in the middle section of the economic corridor connecting also Guangzhou, Shenzhen and Hong Kong.

In 2015, the total output of Dongguan city achieved RMB 627.5 billion yuan, an increase of 8 percent from the year before. And its import and export international trade registered US$ 167.6 billion, ranking fifth in China.

To this day, foreign investors from more than 40 countries and regions have been attracted to Dongguan. 11,000 foreign-funded enterprises have quartered here and the utilized foreign capital has accumulated to nearly US$ 80 billion. With 87 projects invested by 49 of the world’s Top 500 enterprises, pillar industries including electronics and information, electrical machinery and equipment, textile and garments, food and beverage, paper making and paper products, etc. are shaped and emerging industry clusters for photoelectric LED, novel tablet display, solar PV and so on have come into being.

The two-day Investing in Africa Forum was held in Guangzhou on September 7-8 with about 300 participants from more than 30 African countries. Some of participants share with us their reflections from the Forum and ideas on how to strengthen China-Africa cooperation to accelerate the growth and development in the continent:

Details
  • Date: September 7-8, 2016
  • Time: 09:00am
  • Location: White Swan Hotel, Guangzhou, China


Video

China and Africa: Partnering for Growth

Over the past two decades, China has become an important partner in Africa’s growth and development. The World Bank is working to further this relationship in order to help Africa close infrastructure gaps, reform its energy sector and boost growth and prosperity so that millions of people lift themselves out of poverty and realize their opportunities for a better life.