{"id":8673,"date":"2022-06-15T10:25:17","date_gmt":"2022-06-15T10:25:17","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-ceo-forum-artificial-intelligence-taxation-afcfta-the-tools-of-independence"},"modified":"2022-06-15T14:55:23","modified_gmt":"2022-06-15T14:55:23","slug":"africa-ceo-forum-artificial-intelligence-taxation-afcfta-the-tools-of-independence","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/africa-ceo-forum-artificial-intelligence-taxation-afcfta-the-tools-of-independence","title":{"rendered":"Africa CEO Forum: Artificial intelligence, taxation, AfCFTA \u2013 the tools of independence"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>How do we want to be remembered in history? As simple consumers? Or as transformers of our potential and resources?” With this question, Kate Fotso, the boss of Cameroon’s Telcar Cocoa, sums up the challenge that Africa must take up to build its economic independence. This debate, at the heart of the Africa CEO Forum held in Abidjan, was discussed during a round table on 13 June.<\/b><\/p>\n

The starting point is clear: Africa\u2019s dependence on the outside world is greater than that of other continents, with 84% of its trade being with the rest of the world. \u201cIt is no coincidence that Africa, the continent that trades the least internally, is also the poorest,\u201d pointed out Ghana\u2019s President Nana Akufo-Addo, seeing the development of the African Continental Free Trade Area (AfCFTA) as the only way out for African countries.<\/p>\n

A few moments earlier, at the opening ceremony, C\u00f4te d\u2019Ivoire\u2019s President Alassane Ouattara said much the same thing. \u201cThe current crisis has revealed the vulnerabilities [of globalisation] and marks a calling into question of international trade. This is very disturbing for developing countries,\u201d the Ivorian head of state warned.<\/p>\n

Fintech, Food, Housing<\/b><\/p>\n

In a difficult context linked to the consequences of the pandemic and the war in Ukraine, Makhtar Diop, managing director of the International Finance Corporation, the World Bank\u2019s private-sector arm, insisted on the need to accelerate cooperation between public and private actors via targeted discussions, highlighting three priority sectors: fintech, food and housing.<\/p>\n

Two other tools were highlighted. Nigeria\u2019s vice-president Yemi Osinbajo called for an overhaul of global taxation, particularly for multinationals, to make it more favourable to the continent. The governor of the central bank of Kenya, Patrick Ngugi Njoroge, reminded the audience of the urgent need to invest in human capital, given that \u201csome of the jobs of the future have yet to be invented\u201d.<\/p>\n

While the continent has not been able to take party fulling in the latest revolutions and industrial innovations, including nuclear power, Karim Beguir, the head of the Tunisian start-up Instadeep, stressed that \u201cwith artificial intelligence, it will have every chance\u201d, as technologies and know-how are freely available. \u201cAll it takes is motivated people to train to bring out African talent,\u201d he added.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. How do we want to be remembered in history? As simple consumers? Or as transformers of our potential and resources?” With this question, Kate Fotso, the boss of Cameroon’s Telcar Cocoa, sums up the challenge that Africa must take up to build its economic independence. This debate, at the heart of the […]<\/p>\n","protected":false},"author":84,"featured_media":8672,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,6,8,16],"tags":[233,237,234],"class_list":["post-8673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-files","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana"],"yoast_head":"\nAfrica CEO Forum: Artificial intelligence, taxation, AfCFTA \u2013 the tools of independence - Botswana<\/title>\n<meta name=\"description\" content=\"How do we want to be remembered in history? As simple consumers? 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