Integration of Africa into GVCs: have to develop highway networks and improve logistics techniques (MEDays 2023)

by times news cr

2024-05-25 14:51:53

Throughout this panel held underneath the theme “Transport and logistics: The vectors of development and emergence of Africa”, the audio system indicated that the present scenario of African highway networks constitutes an actual impediment to industrial and financial exchanges. inter-African relations and likewise the opening of the continent to the world financial system.

Panelists additionally reviewed ideas on ranges of connectivity between African nations, enterprise networking, funding attractiveness and transport resilience methods.

On this regard, the Minister of International Affairs of the Republic of Hungary, Péter Szijjártó, affirmed that the hole between developed and growing nations can solely be overcome in a really lengthy time period, therefore the The significance of worldwide political debate on the premise of mutual respect and world connections and connectivity, notably by way of maritime or air routes, to advertise world cooperation instead of blocks and disparities.

“Infrastructure improvement is the primary and completely mandatory step in direction of the financial improvement of Africa,” he mentioned, noting that Africa’s inhabitants is rising quickly, which hampers the socio-economic improvement of the continent. and fuels the problem of mass migration.

“Investing within the financial system means investing first in infrastructure in Africa,” argued the minister, including that if nations should not bodily interconnected, this may hurt their industrial actions and make the connection between nations very difficult communities on all ranges.

For his half, Abdoulaye Baldé, Minister of State, Director Normal of the Company for the Promotion of Investments and Main Works (APIX) of the Republic of Senegal, affirmed that infrastructure is as we speak on the coronary heart of the insurance policies of improvement, specifying that methods to strengthen connectivity between the South and the North are primarily based on the institution of connection factors which permit extra fluid mobility between African nations.

The event of highways, the rehabilitation of railway networks, the relocation of infrastructure to landlocked areas, represent the important thing components of enhancing accessibility to African markets, indicated Mr. Baldé, noting that public-private partnerships (PPT) can represent an efficient response to the challenges of infrastructure improvement that are primarily linked to public financing, in addition to peace and political stability within the area.

For his half, the chairman of the board of administrators of Sequence ventures, affirmed that technological improvements of firms can play an essential function in strengthening logistics networks, particularly since Africa is characterised by an abundance of skills .

Know-how, he continued, will make it potential to beat a number of challenges, particularly by way of the dematerialization of administrative procedures and the event of e-commerce, along with air connections and the institution of an African visa which might represent a response. to the issue of connectivity between African nations.

On this sense, the president of the French Council of Traders in Africa (CIAN), Etienne Giros, highlighted the challenges to be taken up for higher logistics efficiency, particularly the opening up of nations which wouldn’t have entry to the ocean, together with Niger, which doubles its inhabitants each 20 years, infrastructure which is a prerequisite for logistics, the digitalization of administrative procedures which represent an actual constraint for companies, in addition to decarbonization and the discount of polluting emissions.

He additionally thought of that it’s essential to revitalize competitors which makes it potential to decrease costs and enhance high quality, calling for seizing the chance represented by the African Continental Free Commerce Space (ZLECAF) which is able to, in line with him, enable to encourage connectivity between markets, decongestion of metropolises, and thus enable African markets to welcome massive investments.

The fifteenth version of the MEDays Worldwide Discussion board, organized underneath the Excessive Patronage of HM the King, brings collectively greater than 200 very high-level audio system, together with heads of state and authorities, political decision-makers, heads of huge worldwide firms and main worldwide personalities, round greater than 5,000 contributors, coming from greater than 100 nations.

2024-05-25 14:51:53

You may also like

Leave a Comment