EIB holds Africa Day in Abidjan
The theme for Africa Day 2016 was theme 'Enabling youth employment, innovation and inclusive growth across African economies'.The European Investment Bank (EIB) held it's second Africa Day in Abidjan on 21st November. EIB partnered with the African Development Bank (AfDB), which hosted the event at its headquarters. Africa Day provides an active platform for exchanging views, learning, listening and debating on issues pertinent to Africa's economic development. The theme for Africa Day 2016 was theme 'Enabling youth employment, innovation and inclusive growth across African economies' The first plenary session, 'Tackling Youth Employment through Entrepreneurship', focused on the actions needed to support and expand the entrepreneurial activities of young people in Africa, how pro-business reforms can be speeded up, how investment decisions can be made with a view to job creation, and building the conditions to give young entrepreneurs an enhanced engagement in Africa's growth and transformation over the coming years. 'Innovation driving Africa's economy', the second plenary of the day, looked at the four pillars of the knowledge economy: the economic incentive regime, the innovation pillar, education pillar and the communication technology (ICT) pillar. Panellists discussed how the structural transformation of Africa's economies can be financed and how domestic banks meet the needs of the innovative small and medium-sized enterprises. The afternoon programme consisted of 3 stream of parallel sessions, which provided delegates an opportunity to discuss and reflect on the morning plenary sessions. The streams consisted of the following sessions: Banking in sub-Saharan Africa (Part 1 and 2);
Energy and Innovation, Skills and Employment; and
Industrialisation and Agri-Business & Youth Employment. For more information on Africa Day 2016, please see the European Investment Bank's press release.