founded & produced by richard attias & associates · 2/11/2013 · founded & produced...
TRANSCRIPT
Under the High Patronage of H.E. PrEsidEnt Ali Bongo ondimBA in col laborat ion with the govErnmEnt of gABon
founded & Produced by RichaRd attias & associates
h iGhL iGhts
Founded & Produced by RichaRd attias & associates
oVeRV i eW
1. F iNdiNG the RiGht BUsiNess ModeLs
Africa contains a mult itude of different business
cultures, national strengths and weaknesses, and
social and economic structures. Which signposts
wi l l help business leaders navigate through the
complexit ies and uncertainties? What are the best
examples of success? As Africa’s growth continues
apace with hundreds of mi l l ions of new consumers
entering the market in coming decades, where
wi l l the best opportunit ies be found?
2. sPURRiNG iNNoVatioN aNd
eNtRePReNeURshiP
There has always been a powerful strain of
entrepreneurship in many African economies,
often seen in the informal sectors. The last decade
has witnessed an explosion of entrepreneurship
around technology, agriculture, social enterprise and
many other f ie lds. What can be done to nurture and
encourage innovation and entrepreneurship? Where
should government aid, and where should it get out
of the way?
3. coNtiNUiNG the iMPRoVeMeNts iN secURitY
aNd GoVeRNaNce
All of the current optimism wil l come to naught if
instabi l i ty grows and governance fai ls. What are
the real continuing concerns over security on the
continent? Are there concrete improvements in both
publ ic and private sector governance?
Between June 10-12, 2012 The New York Forum AFRICA provided three days of intensive discussions, collabora-tive taskforces and high-level plenary sessions with a focus on the key economic and business issues con-fronting Africa. Over 700 corporate leaders from Africa and the rest of the world joined heads of state, pol-icymakers, and globally recognized experts to create real plans of action addressing key topics. President Ali Bongo Ondimba hosted the New York Forum AFRICA, in collaboration with Richard Attias & Associates and the Omar Bongo Ondimba Foundation.
the New York Forum africa addressed the fol lowing key issues:
founded & Produced by RichaRd attias & associates
RaYMoNd NdoNG s iMa (LeFt ) JeaN P iNG (ceNteR), thoMas YaY i BoN i (R iGht ) h.e . PRes ideNt aL i BoNGo oNdiMBa
12
NYFa in NUMBeRs
626 34
483
2130
Pa rt ic i Pa n t s
J o u r n a l i s t s
M i n i st E r s
108 sPE a k Ers
i n t E r ac t i v E s E s s i o n s
H E a D s o F s tat E
n o B E l l au r E at E s
c ou n t r i E sr E Pr E s E n t E D
founded & Produced by RichaRd attias & associates
founded & Produced by RichaRd attias & associates
sess ioNs
the Rise of africa: Reality or Myth
Gabon: a New and Unique Business Model
decoding africa’s economies: What different Business Models?
Us and africa: New opportunities
infrastructure: the Fundamental challenge
africa’s security and Governance imperatives
state of the Global economy with Nouriel Roubini
africa’s energy equation
Foreign direct investment
china and africa: Partnership for the Future
innovation + entrepreneurship = startup africa
conversation with Lord Mandelson
Youth is the Future of africa
conversation with carl Lewis and tegla Loroupe
china: dynamics of african investment
conversation with Robert de Niro
founded & Produced by RichaRd attias & associates
sade BadeR iNWa, caRL LeWis, teGLa LoRoUPe
NoUR ieL RoUB iN i LoU ise MUsh ikaWaBo
founded & Produced by RichaRd attias & associates
sPeakeRs
Zhu a’cheng, President, Sinopec International Petroleum Exploration and Production Corporationidelphonse affogbolo, CEO, Africa Capitalabdeslam ahizoune, Chairman & CEO, Maroc TelecomJudith aidoo, CEO, Caswell Capital ParnersMichael amankwa, Founder & CEO, CoreNett stephanie antoine, Anchor, France 24 Jaloul ayed, Former Ministerof Finance, Tunisiasade Baderinwa, Anchor, WABCFrançois Barrault, Chairman, Digiworld InstituteJean-Louis Beffa, Chairman, Lazard Asia Financial Advisorysunil Benimadhu, CEO, Stock Exchange of MauritiusBrahim Benjelloun-touimi, CEO, BMCE BankJean-Baptiste, Bikalou, President, Chambre de Commerce du Gabontaddy Blecher, CEO, Community and indivdual dev associationWiebe Boer, CEO, Tony Elumelu Foundationirina Bokova, Director General, UNESCOPierre Bordenave, Edifice CapitalVanu Bose, CEO, Vanu Incegide Boundono simangoye, Former Minister, President, CDCari Bouzbib, General Director EMEA, Gemalto SecuriteJohn hope Bryant, Founder, Chairman & CEO, Operation HopeYang chonghui, Vice Chairman, China Economic and Social Council Jean chretien, Former Prime Minister, Canadateresa clarke, CEO, Africa.comcolin coleman, Managing Director, Goldman Sachs South Africaelisabeth dearborn davis, Co-founder, Akilah Institute for WomenRobert de Niro, Co-founder, Tribeca Productionariane de Rothschild, CEO, Edmond de Rothschild Holdingstephen decam, General secretary, Conseil des investisseurs francais en Franceshanta devarajan, Chief Economist Africa, World Bankcheick Modibo diarra, Prime Minister of the Transition, Malisong dongsheng, President, Sinohydro Groupamir dossal, Chairman, Global Partnership Forum
ana dutra, CEO, Korn Ferry Leadership and Talentesther dyson, Founder & CEO, Edventuresscott eisner, Execuive Director, Africa Business Initiative, US chamber of CommerceNdubuisi ekekwe, Founder, First Atlantic Semiconductors & MicroelectronicsMostafa el Belkhayate, President, Moroccan Association of Technical Analystsdenise epote, Africa Anchor, TV5 Mondeebenezer essoka, CEO, South Africa, and Area General Manager, Southern Africa, Standard Chartered BankJeffrey Gettleman, East Africa Bureau Chief, The New York Timeseric Giler, CEO, WiTricitycd Glin, Associate Director, Rockfeller FoundationPaulo Gomes, CEO, ConstelorJon Gosier, Founder, AppfricaGagan Gupta, Country Head, OLAM Gabontaoufik hejira, Former Minister of Housing and cities, Moroccohadeel ibrahim, Director of Strategy, Mo Ibrahim Foundation ivor ichikowitz, Executive Chairman, TransAfrica CapitalRegis immongault, Minister of Industry and Mines, GabonJerry inzerillo, CEO, IMG Artistsemmanuel issoze-Ngondet Minister of Foreign Affairs, International Cooperation, Francophony, in charge of NEPAD and Regional Integration, GabonWei Jianguo, Chairman, China-Africa Economic and Technological Cooperation Committeeshiv khemka, Vice Chairman, SUN Groupkwadwo kwakye, CEO, Young Explorers ConsultLi Lan, Director of overseas Division, Shanghai Construction GroupYan Lan, Head of Greater China Investment Banking, Lazard ChinaRonald Lauder, Director, Estée Lauder Companiesanne Lauvergeon, Former CEO, Arevaeric Le Boucher, co-founder, slate.frJack Lee, Vice President, Lenovo GroupJean-Pierre Lehmann, Founding Director, The Evian Groupcarl Lewis, Athlete,
“Sportsman of the century”tegla Loroupe, Athlete, Kenya
Blaise Louembe, Minister of Telecommunications, GabonPeter Mandelson, Chairman, Global Counsel LLPVerone Mankou, CEO, VMKJohn Marks, Mayor, TallahasseeJacques Marraud des Grottes, President Africa, Total Exploration and Production Paul Mercier, Managing Director, Michael Page Africasalaheddine Mezouar, Former Minister of Economy and Finance, Moroccoserge Mickoto, Managing Director, Gabonese Strategic Investment FundLuc Montagnier, Nobel Prize in Medicine 2008, Pasteur InstituteLouise Mushikiwabo, Minister of Foreign Affairs and cooperation, RwandaWalter Mzembi, Minister of Tourism, Zimbabwehannington Namara, CEO, Private Sector Federation Victor Ndiaye, CEO, Performances Management Consulting Magloire Ngambia, Minister of Investment, Public Works, Transport, Housing and Tourism, Gabonkristine Ngirye, Gabon head, Africa 2.0etienne Ngoubou, Minister of Energy, GabonJulien Nkoghe Bekale, Minister of Agriculture, Livestock, Fisheries and Rural Development, GabonLeon Nzouba, Minister of Health, Gabonhenri ohayon, Managing Director, ANGT Rose christiane ossouka Raponda, Minister of Budget, Public Accounts and Civil Service, GabonYoussouf ouedraogo, Special advisor to the president, African Development BankMohammad-Mahmoud ould Mohamedou, Head, Middle East and North Africa Programhenri-claude oyima, CEO, BGFI BankLuc oyoubi, Minister of Economy, Employment and Sustainable Development, GabonRichard Parsons, Former Chairman, CitigroupMathieu Pigasse, CEO, Lazard Financial AdvisoryJean Ping, Chairperson, Commission of the African Union Roland Rich, Executive Head of United Nations Democraty Fund and Officer in Charge, United Nations Office for Partnerships
Luc Rigouzzo, Managing Partner and Executive President, AMETHISNouriel Roubini, Chairman, Roubini Global EconomicsZainab salbi, Co-founder, Women for Women International albert sasson, Chairman of the Governing Council, The Norman Borlaug Institute for Global Food Securityanas sefrioui, COE, Addoha GroupMactar silla, CEO, Africa Communication and ConsultingRaymond Ndong sima, Prime Minister, Gabon Bright simons, CEO, mPedigreesamuel sitta, Minister of East African Cooperation, Tanzania doug solomon, Fellow and Innovation Consultant, IDEOtom sweeney, Director, Royal Holdings UAEPaul talley, COO, Zanbatoamine tazi-Riffi, Partner, McKinsey & CompanyMarc teyssier d’orfeuil, Director General, Club des Infrastructures PPPsam thenya, CEO, The Nairobi Women’s Hospital hamadoun toure, Secretary General, ITU Mamadou kwidjim toure, Founder, Africa 2.0Patrick Utomi, Founder and Senior Faculty, Lagos Business SchoolMagatte Wade, CEO, TiossanoWilliam Wallis, Africa Editor, Financial Timestian Wei, Anchor, CCTVhe Wenping, Director of Africa Studies, Institute of West-Asian and African StudiesLee White, Executive Secretary, ANPNGao Xiqing, Vice chairman and President, China Investment CorporationLai Yahaya, Team Leader, FOSTERthomas Yayi Boni, President, BeninMa Yongchao, Corporation Representative of Africa, Zhongxing Telecom Equipmentandrew Young, Founder, Andrew Young FoundationMohammad Yunus, Founder, Grameen BankLeyth Zniber, Vice President, Groupe Dianaabderrafie Zouiten, CEO, Royal Air Maroc
founded & Produced by RichaRd attias & associates
aFR ica’s eNeRGY eqUat ioN
YoUth is the FUtURe oF aFR ica
WiLL iaM WaLL is, LoRd MaNdeLsoN
founded & Produced by RichaRd attias & associates
ReGioNaL iNteGRatioN
action points: —Develop regional infrastructure projects that wil l both create stronger frameworks for growth and help bind countries to each other. —Speed up plans to make visas easier to obtain, particularly for citizens of other African nations. —Create Africa’s f irst student exchange program, along the l ines of Europe’s Erasmus, to foster socio-cultural integration. —Involve private sector leaders to propose plans for common reductions of regulatory and trade barriers.
FiNaNce
action points: —SMEs are the “missing middle” for f inancial institutions. New approaches and methods are needed for assessing credit. —New, large-scale investments should have an allocation for investment in or business with SMEs. —A specif ic crowdsourced funding site for African SMEs should be created.
toURisM
action points: —Create a fresh marketing approach, with a pan-African message. —Focus on authenticity and address head on the negative image many have of Africa.—Open up competition among airl ines to improve the availabil ity and cost of travel within Africa.
NatURaL ResoURces
action points: —Clearer, integrated development strategies.—More creative concession models to align incentives and maximize local impact.—Better administrative interfaces to ease the process of conducting busi-ness, and more competent, reactive technical staff.—Stronger national vehicles (such as National Mining Companies) that can operate as co-development partners as the catalyst of their own resource
development.
aGRicULtURe
action points: —In agriculture, Africa needs to concentrate on local, sustainable agriculture models, rather than import the methods and norms of other regions. —The global value chain in rural areas needs to be understood for agricul-ture to have its right place in rural economies.
techNoLoGY
action points: —Understand that simple technologies can make the biggest difference, as has happened in many uses of SMS. —At the same time, take opportunities to deploy leapfrog technologies that can be deployed faster and without enormous infrastructure.
taLeNt aNd LeadeRshiP
action points: —Train to f i l l the gaps created by the brain drain. —Aim education and training for l ifelong skil ls in a dynamic economy, not for stereotypical roles in an old-style, static economy. —Use the skil ls of the diaspora more actively.
aFRica’s cit ies
action points: —Create a public bank (micro-credit f irst), and give out interest-free loans without conditions.—Community-based corruption prosecutors. —Plant a tree in front of every building.
FoReiGN diRect iNVestMeNt
action points: —Just as cities have “sister cities” around the world, large companies should have “sister company” programs, to mentor and forge relationships with SMEs. —An SME African Cup of Nations should be created, to recognize and cel-ebrate the achievements of SMEs. —Training and mentorship schemes for SMEs must be created and pro-moted.
aFRica 2.0
action points: Both governments and the private sector need to address:
—Entrepreneurship: capacity building, incubators, creating an appropriate environment for entrepreneurship to thrive.—Workforce issues: recruitment of qualif ied people, training, improved educa-tion system, and improved attitudes.
taskFoRces
“ In 20-30 years, I see Afr ica competing with China. Afr ica
wi l l do to Asia what Asia has done to the rest of the world.
This may become the big story of the 21st century.”
Lord Mandelson, CHAIRMAN, GLOBAL COUNSEL LLP, AND SENIOR ADVISER, LAZARD, UK
“ tHE Most Da ngErous PEr son in tHE worlD is onE w itH no HoPE .”J o h n h o p e B r ya n t
“w E Focus too MucH on a Fr ica’s natur a l r EsourcEs, not EnougH on HuM a n r EsourcEs. But tHis is w HEr E tHE w E a ltH gEts cr E atED.”ta d d y B l e c h e r
“wE nEED you, tHE youtH, to BE MorE vocal . wE nEED you to rEMinD us wHat is suPPosED to BE our Mission.”
pr e s i de n t Bongo
aFrica is a BrigHt sPot in tHE worlD EconoMy
nouri el rouBi n i
“ in v Ention is a Bout HuM a n in v Enti v EnEss, innovation is a Bout soci a l tr a nsFor M ation.”B r i g h t s i m o n s
“a Fr ica is onE oF tHE Most lucr ativ E M a r kEts in tHE wor lD, But w E ’r E a Fr a iD oF it, a nD tH at ’s our ProBlEM. But coMing to- gEtHEr likE toDay w ill HElP.”a n d r e w y o u n g
founded & Produced by RichaRd attias & associates
founded & Produced by RichaRd attias & associates
ch iNa aNd aFR ica: PaRtNeRsh iP FoR the FUtURe
R ichaRd att ias, chaNtaL coMPaoRe, Pat ieNce GoodLUck JoNathaN, JeaNNette kaGaMe, sYLV ia BoNGo oNdiMBa, doMiN iqUe oUattaRa, PeNehUPiFo PohaMBa, MaReMe saLL
Pat ieNce GoodLUck JoNathaN, iR iNa BokoVa
founded & Produced by RichaRd attias & associates
decodiNG aFR ica”s ecoNoMies: What d iFFeReNt BUs iNess ModeLs?
JeaNNette kaGaMe, sYLV ia BoNGo oNdiMBa
founded & Produced by RichaRd attias & associates
Many specif ic ideas and init iatives germinated at
the New York Forum africa, but concrete proposals
emerged from the community in f ive fundamental
areas:
1. sMaLL aNd MediUM eNteRPRises
SMEs are the bedrock of thriv ing economies, and
the key engine of job creation. Far more attention
is required in most African countries on the role of
SMEs and the entrepreneurs that create them.
—SMEs are the “missing middle” for f inancial
institut ions. New approaches and methods are
needed for assessing credit.
—New, large-scale investments should have an
al location for investment in or business with SMEs.
—A specif ic crowdsourced funding site for African
SMEs should be created.
—Just as cit ies have “sister cit ies” around the world,
large companies should have “sister company”
programs, to mentor and forge relationships with
SMEs.
—An SME African Cup of Nations should be created,
to recognize and celebrate the achievements of SMEs.
—Training and mentorship schemes for SMEs must be
created and promoted.
2. ReGioNaL iNteGRatioN
Everyone recognizes the importance of stronger
regional integration, to provide a more unif ied, clearer
voice for African interests, to encourage the free f low
of capital, to open labor markets, and to harmonize
and lower regulatory barriers. But progress remains
elusive in most of the continent.
—Develop regional infrastructure projects that wi l l both
create stronger frameworks for growth and help bind
countries to each other.
—Speed up plans to make visas easier to obtain,
particularly for cit izens of other African nations.
—Open up competit ion among airl ines to improve
the avai labi l i ty and cost of travel within Africa.
—Create Africa’s f irst student exchange program,
along the l ines of Europe’s Erasmus, to foster socio-
cultural integration.
—Involve private sector leaders to propose plans for
common reductions of regulatory and trade barriers.
3. aFRica aNd the Rest oF the WoRLd
The growth of Africa’s economies demands a larger
voice for the continent in the key pol it ical and
economic institut ions. At the same time, Africa itself
needs to do a better job of marketing itself.
— Increase outreach with the message that Africa is
open for business on its own terms. Business can
f ind opportunity and partners in Africa.
On the eve of the G20 Summit in Mexico and the Rio +20 Summit in Brazil, over
600 business, financial and political leaders met from June 8-10 in Libreville,
Gabon at the first New York Forum Africa. In over 30 hours of debates and
taskforces, the community of The New York Forum Africa discussed key issues
for the continent, including the reality of the rise of Africa, the different business
models that can thrive, regional integration, natural resources, agriculture, in-
novation and entrepreneurship, human capital, the relationships between Africa
and the US and China, the energy equation, foreign investment, security and
governance imperatives, and the role of Africa’s next generation of political and
business leaders and the diaspora.
G20 decLaRat ioN
founded & Produced by RichaRd attias & associates
—Individual countries need to continue efforts to
establ ish their identit ies for global investors, but there
is an opening for Africa to market itself col lectively,
particularly for tourism.
—Establ ish a CEO welcome program where global
CEOs are invited to l ive with and shadow an African
counterpart for a few days and vice versa.
4. PUBLic/PRiVate cooPeRatioN
aNd eFFectiVeNess
There is a burgeoning private sector in much of Africa,
but al l too often it is shut out of pol it ical discussions.
The state needs to play a continuing strategic role,
but the private sector needs to be embraced in an
inclusive partnership.
—Within countries, open, transparent business/
government counci ls need to be establ ished to ensure
there is a channel for business’ voice to be heard.
—More effective pan-African business leadership
organizations need to emerge.
—Where instabi l i ty and insecurity exists, government
should recognize that the best partner for bui lding
conf idence and security is the private sector.
—The urgent need is for larger numbers of competent
technocrats, particularly in the publ ic sector. Targeted
training programs need to be establ ished both local ly
and in partnership with global ly recognized institut ions.
—Business and government needs to work together
on supply chains in many sectors. There is more
room to source and manufacture in Africa, provided
chains of supply and distribution can be establ ished.
5. sUstaiNaBiL itY
Africa has an opportunity to forge a different
economic and environmental path from other parts of
the world. Its tremendous renewable energy resources,
particularly hydropower and solar power, must be
a fundamental part of satisfying the continent’s
gap between supply and demand of energy. And
sustainable visions wi l l be needed as the pace and
scale of urbanization continues.
—There are green technology opportunit ies for Africa
to lead, not just to catch up.
—Africa’s biggest cit ies should make a commitment to
plant a tree in front of every publ ic bui lding.
—In agriculture, Africa needs to concentrate on local,
sustainable agriculture models rather than import the
methods and norms of other regions.
—The global value chain in rural areas needs to be
understood for agriculture to have its right place in
rural economies.
Although these proposals indicate the enormous
amount of work and effort that remains to be done,
the overwhelming mood of The New York Forum
Africa was optimistic and forward-looking. The
community of The New York Forum Africa is highly
motivated and determined both to grow with Africa’s
economies and to help lead and form that growth. It
is also taking on the broader task of helping make
their col leagues and friends in other parts of the
world understand the extraordinary opportunit ies to
be had in partnership with Africa today.
“Africa is the real deal. There is nothing fake here. What people are craving all over the world is more authenticity.”
Jerry Inzerillo, CEO, IMG ARTISTS, FORMER CEO, KERZNER ENTERTAINMENT GROUP, SOUTH AFRICA
G20 decLaRat ioN