Harnessing the growing consumer sector in African market was part of the main plenary session of the Norwegian-African Business Association (NABA) Summit 2012, with the theme ”Play a part in African growth story”. His Majesty Otumfuo Osei Tutu II, from Ghana was the special guest speaker at the summit. In his keynote speech titled “Africa`s growth story- seen from Ghana” He highlighted the importance of the traditional ruler in maintaining a balance between rural population which constitute the bulk of the population in the continent and governance in Africa. He also uses the occasion to laud NABA as one of the few organizations that believe in the prospect of trade in Africa and wealth creation for economic growth and development rather than Aid or charity. (Full text at this link H.M. Osei speech at NABA)
It was a summit that focused on investment opportunities in African countries in the following areas; Oil and Gas, Renewable energy, Telecom and ICT, Agriculture and Finance. The summit also presented the opportunity as a focal melting point of gathering for over seventeen ambassadors and embassy representatives from African countries and investors to learn about the new exciting market opportunities in Africa and be able to talk directly with them.
Some of the keynote speakers at the summit were;
- Mr. Espen B. Eide- Norwegain Minister of Foreign Affairs
- Mr. Joseph Mucheru – Regional Lead Sub-Sahara African, Google
- Ms. Bente Slåtten –Represented Yara International
- Mr Arend V.Wamelen– McKinsey&Co, South Africa.
- Anver Versi- African Business Magazine
- Mr. Kenneth Oyolla- Global Head of Marketing Activation, Nokia
- Ms. Bethlehem T.Alemu- Managing Director of SoleRebels, Ethiopia
- Olivern J.L.- Manager Multilateral Investment Guarantee Agency, World bank Group
- Mr. Petter Nore- Director Norad
and many other diplomats, ambassadors and important dignitaries that we could not mention.
As part of the sole aim of NABA in its responsibility to provide up to date information, insight through market report, and serve as a bridge between Norwegian and African communities. They were able to facilitate valuable contacts in the African Market through the summit and connect both the African continent and the Scandinavian countries together.
At the panel table discussing opportunities for consumer focused player(from left to right) J. Mucheru, B.T. Alemu, A.Versi(moderator), A.V. Wamelen and K.Oyolla
Transforming African agriculture into business opportunities was presented by Ms. Bente Slåtten from Yara International
Ms. Caroline Rosenlund from International Center for Hydrocarbon also presented in session 3 under renewable energy in Africa.
Wamelen from McKinsey&Co presented a paper tittled "Rising Continent" on
macro economy and the African consumer story
Janvier (NABA member), Kenneth( Skandik Afrik), and a participant
Staff of office symbol of His Majesty Otumfo Osei Tutu II, from Ghana
Cross section of crowd at NABA
More information about the summit at http://norwegianafrican.no/
Photograph by ; Katrin Nilsson
Written by ; Kenneth Fagbe