For Immediate Release
13 October 2009
NEPAD Transport Summit opens up
many opportunities in Africa
Opportunities for business, trade and investment will feature when the vital elements of Africa's cross-border transport -- infrastructure, logistics, supply chains. telecommunications, finance and border formalities -- come under the spotlight at the inaugural NEPAD Transport Summit 2009 and Africa Expo at the Gallagher Convention Centre in Midrand on 25-26 November.
The summit will be officially opened by the NEPAD CEO, Ibrahim Assane Mayaki, and delegates will be welcomed by the Chairman of the African Union Commission, Dr Jean Ping.
The objective of the summit, according to the NEPAD CEO, is to develop and fast-track Africa's cross-border transport potential "to stimulate economic growth and interdependence".
"Africa is on the move and we can speed up the momentum if we can get African countries to open up and share their trade links with their neighbours," he said.
The summit is attracting decision-makers from African governments, the African Union and regional economic communities who will be joined by senior executives from major transport and logistic companies,engineering and construction groups, development banks and funding agencies.
The African countries that have so far indicated that they will be taking part in the summit include: Angola,Democratic Republic of Congo, Egypt, Guinea, Kenya, Libya, Malawi, Mauritius, Mozambique, Namibia, Nigeria, Rwanda and Zambia.
Official observers will be present from Canada, the European Investment Bank, the European Union, France, the Japan International Cooperation Agency (JICA), the Netherlands and USAID.
The summit is being structured so that each day starts with a plenary on the broad situation. The afternoons will be devoted to hammering out the details at sector-specific parallel sessions.
The main focus of the discussions will be on Africa's key cross-border arteries -- road, rail and air -- and its ports and their importance in regional integration.
One of the features of the summit which is attracting much attention is the green agenda, covering new technologies to reduce the transport carbon footprint, biofuels and alternative sources of energy, and the greening of logistics and supply chains.
The 53-nation African Union has identified the regional integration of national economies through NEPAD --the New Partnership for Africa's Development -- as the answer to the continent's chronic problems of hunger, poverty and constrained growth, with the key being swift, efficient and economic cross-border transport.
In addition to the discussions and debate the summit will showcase the countries involved in the transport networks, who will display their products, services and business potential in the African Union/NEPAD Hall of Nations at the African Transport Trade and Investment Expo.
Issued by: Cape Media