Africa Market Opportunity Update During Covid-19 with Four Experts

Posted by: Yvonne Luker - Global Chamber on Wednesday, May 13, 2020

Global Chamber® featured a discussion on market opportunities in Africa... what are the new and ongoing business opportunities for members to consider? The four experts were extremely bullish on the continent's opportunities... and we will have another follow-up discussion soon to dig deeper into some of these. In the meantime contact any of them or us for more information.

Watch the conversation HERE.

Our globalized world is one of rapid changes, and with Coronavirus, the global opportunities are changing right before our eyes. Despite the trouble cause by the pandemic, there are markets and industries to look that are offering the chances for your company to continue growth. And the pandemic is opening new opportunities.

Now is the time to act! "When opportunities come, it is too late to prepare." - Toyin Umesiri.

Some of the issues that were discussed here.

  • Raw material to higher value products across the continent.
  • Opportunities in pharmaceuticals and chemicals industries.
  • Food & beverage and agribusiness creating new opportunities.
  • The importance of AfCFTA on the continent and foreign trade.
  • New opportunities in infrastructure, energy and ICT.
  • Supply chain disruptions creating new opportunities for Africa.
  • Influence of China, Russia and the US across the continent.
  • Healthcare opportunities includes the building of many new hospitals.
  • Internet connectivity remains an ongoing opportunity.
  • Act now... when opportunities come, it'll be too late. Set roots down now.
  • Digital disruption is happening in Africa now and is an opportunity.
  • This is the decade for Africa... 2020 to 2030... the time of action.

Agenda

00:00 – Multi-Metro Globinar begins

  • Komi Tsowuo - Economist, UN Economic Commission on Africa on "AfCFTA and Related Business Opportunities"
  • Komi Klu - President & Chief Risk Officer, Emigroup Limited on "Pandemic Impact on Rising Africa and Hidden Opportunities"
  • Toyin Umesiri - CEO, Nazaru; Trade Consultant, USAID & Leader, 360° Woman Ministry on Trade, Supply Chain & Infrastructure Development Opportunities in Africa
  • Melissa Sanderson - Vice President, Int'l Affairs, Freeport McMoRan

00:40 – Q&A Session

01:00 - End

Speakers Biographies

Komi Tsowuo - Economist at UN Economic Commission on Africa. Mr Komi Tsowou is an economist, currently working on regional integration, trade and industrialization issues at the African Trade Policy Center of the United Nations Economic Commission for Africa.

Komi previously worked as commodity specialist at the United Nations Conference on Trade and Development (UNCTAD) in Geneva; as investment officer and as researcher at the Laboratory of Financial Engineering, Department of Finance and Insurance, Laval University, Canada. 

Komi’s area of ​​expertise includes, among others, trade and industrialization, value chains and commodities, infrastructure, investments and financial risks management. He has been leading several projects to support AfCFTA domestication and implementation in several African countries.

KOMI KLU, J.D. - President & Chief Risk Officer at EmiGroup. Based in Delaware, USA, and Ghana. As Africa is growing, the continent needs capacity building and technical assistance in Governance Risk and Compliance (GRC). Many companies doing business in Africa or wanting to locate there lack these skills, making them very vulnerable. EMIGROUP, besides offering risk consulting services, provides the tools to make its clients successful. Komi’s company has a proven record of success in driving operational efficiencies and spearheading efforts to prevent and mitigate reputational, financial and operational risks for large global institutions. Countries of operation: US, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cote D’Ivoire, Central African Republic, Democratic Republic of the Congo, Ethiopia, Gabon, Gambia, Ghana, Guinea, Kenya, Equatorial Guinea, Liberia, Madagascar, Malawi, Mali, Morocco, Mozambique, Namibia, Niger, Nigeria, Rwanda, Senegal, Sierra Leone, South Africa (Zuid-Afrika), Sudan, Tanzania, Togo, Tunisia & Uganda.

Toyin Umesiri - CEO at Nazaru. Toyin Umesiri is the CEO of Nazaru LLC. and Founder of the Trade with Africa Business Summit. She is a global influencer and serves as Intra-African Trade Ambassador by appointment of the African Export-Import Bank (Afreximbank) and African Union (AU) - the governing body of the 55 African nations.  Toyin spent over a decade in corporate America at both Walmart HQ. in Bentonville, Arkansas and Whirlpool Corporation HQ. in Benton Harbor, Michigan. Her experience spans developing Supply Chain solutions and strategies in the Retail & Manufacturing industries. She is an inspirational speaker featured as a Leading Woman in Technology on the platform the Spark Women (www.thesparkwomen.com), was published in the book: LEADING WOMEN and recognized as one of Nigeria’s 100 Most Inspiring Women by Leading Ladies Africa.

Melissa Sanderson. Vice President of International Affairs at Freeport McMoRan Copper and Gold. Melissa was previously a political counselor at the United States’ Department of State, where she was a Political Officer and Charge d'Affairs at the US Embassy in the Congo. She also worked as a corporate investment advisor at Fifth Third Bank. Melissa has a B.A. in Economics, a B.A. in English Literature and an MBA degree from Xavier University in Cincinnati, Ohio.

 

 

 

 

 

 

 

 

 

 

 

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