The United Nations Global Compact partnership brings together business, political and cultural leaders to chart a path to equitable growth in the $2.5 trillion market. The inaugural event took place at the United Nations General Assembly during the week of September 18-19.
United Nations, New York, September 14, 2022 (GLOBE NEWSWIRE) – The Secretary-General of the United Nations Antonio Gutierrez This week, the Global Africa Business Initiative (GABI) aims to create a new roadmap for Africa, highlighting business opportunities and development across sectors.
Organized by the United Nations Global Compact in collaboration with the African Union, UNDP Africa, the United Nations Economic Commission for Africa and the United Nations Office of the Special Adviser on Africa, the two-day event is being held from September 18 to 19 in New York. At the opening of the 77th session of the United Nations General Assembly.
“The Global Africa Business Initiative is helping African leaders reframe the global narrative and position key partnerships to achieve inclusive, sustainable development for people and planet,” he said. Amina J. Mohammed, United Nations Under-Secretary-General. “Africa’s next chapter begins by building bridges to new opportunities where Africans can tell their own stories and develop powerful economic engines to take to the global stage – in their own way.”
Under the title Unstoppable Africa, GABI promotes dialogue on economic growth and investment opportunities, highlighting business opportunities and development in all sectors. Every sector of the continent’s economy – from manufacturing, agriculture, services to finance – has the promise of economic prosperity. The conference will feature strong deep dives to better understand the African business ecosystem and highlight insights that encourage new and dynamic financial models and bold partnerships.
The Global Africa Business Initiative, supported by Afreximbank, Google, Rockefeller Foundation and Mastercard Foundation, brings together around 100 leaders in politics, economic development, fashion, sports, arts and music. Speakers include He Alasane Outara, President of the Republic of Côte d’Ivoire; Secretary General of the United Nations Antonio Gutierrez; Vera SongweFormer Secretary General of the United Nations Economic Commission for Africa; Ngozi Okonjo-IwealaDirector General of the World Trade Organization; Sunder Pichai, CEO of Alphabet and Google; Adam SilverCEO of the National Basketball Association; Bella BajariaHead of Global TV Netflix; Masai UjiriVice Chairman and President of the Toronto Raptors; Robert SmithVista Equity Partners; Melinda GatesBill and Melinda Gates Foundation; Darren WalkerPresident of the Ford Foundation; Masiawan fightbusinessman and philanthropist; Angelique KidjoMusician and Activist; Water tankFounder, Style Files and Lagos Fashion Week.
“The Global Africa Business Initiative is an opportunity for Africa and its leaders to articulate a great vision for the future and increase the motivation to accelerate the economic and social development of the continent,” he said. Sanda Ojiambo, Assistant Secretary-General and Executive Director of the United Nations Global Compact. “When Africa wins, the world wins and together we can define and build a sustainable future for generations to come.”
The African Continental Free Trade Area will play a key role in fueling trade and investment opportunities on the continent and around the world. Ease of cross-border trade, investment in renewable energy and the creation of Africa’s creative and cultural industry will open vast business opportunities that should not be missed. GABI brings together African leaders, UN leadership and philanthropists as well as CEOs and private sector players to create a powerful business ecosystem that promotes prosperity for all Africans and global citizens. The event is set to kick off a growing dialogue with African leaders on the continent’s impact on global growth.
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About the Global Africa Business Initiative (GABI)
Africa has positioned itself as the cornerstone of the world’s future. The continent is now the most important driver globally, with a market opportunity of $2.5 trillion. of Global Africa Business Initiative Every economic sector on the continent, from manufacturing to agriculture to services to finance, is set to highlight the potential for growth. The environment is primed to generate innovation and vital activities for great plays, economic growth and sustainable development. To learn more and to register, visit www.gabi.biz
About the United Nations Global Compact
As a special initiative of the UN Secretary-General, the UN Global Compact is a call to align their actions and strategies in the areas of human rights, labour, environment and anti-corruption with the Ten Principles. Our mission is to accelerate and expand the global collective impact of business by adhering to the Ten Principles and delivering the Sustainable Development Goals through responsibly operating companies and ecosystems. With more than 15,000 companies and 3,000 non-commercial signatories from more than 160 countries and 69 local networks, the United Nations Global Compact is the world’s largest corporate sustainability initiative – one Global Compact united for a better world.
For more information, follow @globalcompact on social media and visit our website at www.unglobalcompact.org.
CONTACT: Dan Thomas United Nations Global Compact (212) 907-1301 media@unglobalcompact.org
