Too often we focus on Africa’s problems, whether of governance, commodity dependency, poor infrastructure or entrenched poverty. Without taking a rose-tinted view, this year’s FT Africa Summit aims to shift the focus to what is working in Africa in the hope of drawing broader lessons that could benefit the continent as a whole. In that spirit, the agenda will aim to turn the spotlight on what is going right – without, of course, losing sight of what is going wrong or what could be done better. We will ask the most pressing questions of a range of business people, policymakers, investors, practitioners and innovators, ensuring that the agenda has space for some fresh voices from the worlds of marketing, arts and culture. The thrust will be on Africa telling its own stories and learning from its own complex and diverse experience.
FT Africa Summit 2017
What Makes Africa Work
Federal Republic of Nigeria (Subject to Final Confirmation)
Isabel dos Santos
Drinks Reception Sponsor
Agenda - 8th Oct
Hosted by Lionel Barber, Editor, Financial Times
Agenda - 9th Oct
8:00amRegistration and Networking
9:00amOpening Remarks and Keynote
Lionel Barber, Editor, Financial Times
Yemi Osinbajo, Vice President, Government of Nigeria (Subject to final confirmation)
9:30amWhat Makes Africa Work?
A panel of some of Africa’s most compelling and original thinkers will cast their eye over the continent with the aim of setting the conference agenda. How are different countries, businesses and investors adapting to the very different environment that faces the continent now that the froth of the Africa Rising narrative has been removed.
Juliet Anammah, Chief Executive Officer, Jumia
Aliko Dangote, President/Chief Executive, Dangote Group
Moeletsi Mbeki, Deputy Chairperson, South African Institute for African Affairs
Yaw Nsarkoh, Executive Vice President, Unilever Ghana-Nigeria
Ngaire Woods, Dean, Blavatnik School of Government, University of Oxford
Moderated by David Pilling, Africa Editor, Financial Times
10:15amView from the Top
Moïse Katumbi, Former Governor of Katanga, in conversation with Lionel Barber, Editor, Financial Times.
11:15amReinventing the African City
About 470 million Africans live in cities, a number set to more than double by 2040 when the World Bank estimates it will hit 1 billion. Africa is urbanizing at lower incomes than other developing regions: when countries in the East Asia and Pacific region became 40 per cent urban, their per capita income was $3,600. By contrast, Africa, at the same level of urbanization, today has a per capita GDP of just $1,000. That provides enormous challenges of transport, housing, jobs and sanitation. But even more than this, it presents the challenge of how African countries will turn their cities into efficient drivers of efficiency, growth and prosperity. There are no easy answers, but to discuss what some cities are doing, we will gather a panel of policymakers and practitioners to discuss some of the most interesting experiments.
Helen Hai, Chief Executive Officer, China Africa Consulting Ltd
Somik Lall, Chief Urban Economist, World Bank
Arkebe Oqubay, Senior Advisor, Government of Ethiopia
Moderated by John Aglionby, East Africa Correspondent, Financial Times
12:00pmFinance: The New Investors
Development finance. Impact investing. Growth investing. Private equity. There is a huge array of investors and lenders, large and small, trying to tap into Africa's growth story. Not all of them have managed to deploy their capital successfully, but many are convinced that there are excellent growth opportunities out there waiting for the right finance. The key is to bridge the gap between the investment funds and the businesses in need of growth capital. This panel will look at some positive examples and ask how the model can be expanded.
Yemi Lalude, Managing Partner, TPG Africa
Nick O’Donohoe, Chief Executive Officer, CDC Group
Vera Songwe, Executive Secretary, United Nations Economic Commission for Africa
Sev Vettivetpillai, Managing Director, The Abraaj Group
Moderated by Yvonne Ike, Managing Director & Head of Sub Saharan Africa (Ex-RSA), Bank of America Merrill Lynch
1:55pmPioneering One Africa: African Corporations Trail Blazing Across the Continent
Patrick Dupoux, Senior Partner, Head of Africa, The Boston Consulting Group
2:15pmThe CEO Panel
After last year’s hit CEO panel, Lionel Barber once again interviews some of the most extraordinary and provocative Chief Executives from the continent.
Herman Chinery-Hesse, Founder, The SOFTtribe Ltd
Amy Jadesimi, Managing Director, LADOL
Jabu Mabuza, Chairman, Telkom SA
Mohamed Mansour, Chairman, Mansour Group
Karim Lotfi Senhadji, Chief Executive Officer, OCP Africa
Bright Simons, President, MPedigree
Moderated by Lionel Barber, Editor, Financial Times
For too long, the narrative of Africa has been written by outsiders. This panel will gather a range of people from the worlds of marketing, polling, publishing and investing who are talking with, to and about what Africans want: whether it be from their politicians, their consumer companies or their TV shows.
Bibi Bakare-Yusuf, Co-founder, Cassava Republic Press
Hadeel Ibrahim, Executive Director, Mo Ibrahim Foundation
Nancy Kacungira, Presenter and Correspondent, BBC News
Ebele Okobi, Africa Director, Facebook
Adebola Williams, Co-founder and CEO, Red Media Africa
Moderated by Alec Russell, Editor, FT Weekend
4:15pmArt Keynote: African Artists Are Making Waves
Godfrey "Gado" Mwampembwa, Co-Founder and Executive Chairman, Buni Media, in conversation with David Pilling, Africa Editor, Financial Times.
4:45pmOil, Gas and Minerals: Extracting Value
Commodity prices are coming back, breathing fresh life into what had been a very troubled extractive industry from copper and iron ore to gold and even oil. Meanwhile, there are big gas projects being planned across the continent, from Mozambique to Mauritania. As things begin to get better, African countries will need to work out a better way of extracting the full value from what is their own patrimony. This panel will look at varied experiences from across the continent. What is working and what is not?
Isabel dos Santos, Chairperson, Sonangol
Moïse Katumbi, Former Governor of Katanga
Simon Wandke, EVP and CEO of Mining, ArcelorMittal
Moderated by Neil Hume, Mining and Commodities Editor, Financial Times
5:30pmClose of Summit
7:30pmFT Africa Summit Dinner
Oluyemi Oluleke Osinbajo was born in 1957 in Lagos. He is a Senior Advocate of Nigeria, SAN, Professor of Law and until his inauguration as Vice President, a Senior Partner with SimmonsCooper Partners, a commercial law firm and a leading global legal practice and business solutions provider.
Yemi Osinbajo was educated at the University of Lagos where he was awarded a LLB Law degree. In 1979 he attended Nigerian Law School. In 1981, he was awarded a Master of Laws from the London School of Economics and was employed as a law lecturer at the University of Lagos.
From 1983, he was Senior lecturer of Law at the University of Lagos and from 1988 to 1992; he was an Adviser (legal advice and litigation) to the Attorney-General of the Federation and Minister of Justice, Prince Bola Ajibola. From 1997, he was Professor of Law and Head of Department of Public Law, University of Lagos.
From 1999 to 2007, Osinbajo was a member of Cabinet, Lagos State where he served as Attorney-General and Commissioner for Justice. From 2007 to 2013, Osinbajo was again employed as a Professor of Law, Department of Public Law, Faculty of Law, University of Lagos. In 2007, Osinbanjo became the Senior Partner, SimmonsCooper Partners (Barristers and Solicitors).
After the formation of the All Progressives Congress (APC) in 2013, Prof. Yemi Osinbajo was tasked alongside other notable Nigerians, to design and produce a manifesto for the new political party. This culminated in the presentation of the "Roadmap to a New Nigeria," a document published by APC as its manifesto in the 2015 general elections. The highlights of the Roadmap included a free schools meal plan, a conditional cash transfer to the 5 million poorest Nigerians if they enroll children in school and immunize them. There were also a number of programs designed to create economic opportunities for Nigeria's massive youth population.
On December 17, 2014, the presidential candidate of the APC, retired General Muhammadu Buhari, announced Osinbajo as his running mate and vice-presidential candidate for the 2015 general elections. Three months later on March 31, 2015, Buhari was returned by the Independent National Electoral Commission (INEC) as the winner of the presidential elections. Prof. Osinbajo became the Vice President-elect of Nigeria. They were both sworn in on May 29, 2015 at the Eagle Square, Abuja, and subsequently assumed office.
As the Vice President of the Federal Republic of Nigeria, he chairs the National Economic Council and also chairs the President’s Economic Management Team that makes recommendations, to the president.
The President has asked that VP Osinbajo be in charge of the implementation of the administration’s Social Investment Programmes, SIPs following his campaign promise to feed a school child one hot meal per day. Beyond feeding the school children, he emphasized that this plan will create jobs and spur agriculture and the economy as the food would be produced locally.
Isabel dos Santos
Isabel dos Santos is an Angolan businesswoman and entrepreneur. She holds a degree in Engineering Science and Management from the University of London (King's College). Attended St. Paul's Girls School in London, a top academic private school studying A-levels in Mathematics, Further Mathematics Physics and Languages. Speaks fluently six languages: Russian, Portuguese, English, French, Spanish and Italian.
During the 1990s, upon completing her university degree Isabel dos Santos worked in Europe for Coopers & Lybrand, a leading consulting & financial advisory firm (current PwC). Following her return to Angola Isabel dos Santos worked as an engineer and project manager in recycling projects, for a company part of the Jembas group.
In 1995 she started her own business by creating a F&B company and a beverage distribution and logistics company.
She is the Chairman of UNITEL, one of Angola’s two mobile phone networks, where she started working in 1998 as an engineer and project manager.
Since 2005 she has had relevant interests in telecommunications, media, retail, finance and the energy industry, both in Angola and in Portugal. She is a founding member of Angola’s Banco BIC. In Portugal she is shareholder of NOS, a listed telecom & cable TV company.
With more than 20 years of experience in business and senior management, Isabel dos Santos was appointed last year as chairwoman of Angola's national oil company Sonangol.
Aliko Dangote is the Founder, President/Chief Executive of the Dangote Group, the largest conglomerate in West Africa, based in Nigeria. The Group, which has subsidiaries that cut across cement production, sugar refining and flour milling, is present in 17 other African countries. It has also diversified into other sectors including agriculture and energy, and is building the largest refinery, petrochemical and fertiliser complex in Africa. One of the Group’s subsidiaries, Dangote Cement Plc, is the largest listed company in West Africa and the first Nigerian company to join the Forbes Global 2000 Companies list. The Group is the second largest employer of labour in Nigeria outside the federal government.
Aliko Dangote is Nigeria’s Malaria Ambassador, a member of the End Malaria Council; a member of the United Nations Secretary-General’s Global Education First Initiative steering committee; a founding member of the Gordon Brown-led Global Business Coalition for Education; and member of the Clinton Global Initiative. He is ranked by Forbes Magazine as one of the Most Powerful Men in the World. Aliko Dangote holds a Business Studies degree from Al-Azhar University Cairo, Egypt.
A leading global philanthropist, Aliko Dangote has set up the largest private Foundation in sub-Saharan Africa with an endowment of $1.25 billion. Locally focused, but globally minded, the Dangote Foundation is at the forefront of improving the health, nutrition, and education of Nigerians and Africans. He is passionate about lifting the most vulnerable people out of poverty through economic empowerment. The Foundation is a leading contributor to the ‘Saving One Million Lives’ in Nigeria initiative. The Dangote Foundation was at the vanguard of containing the spread of Ebola in Nigeria and other parts of Africa in 2014.
Bright Simons is the President of mPedigree, where he pioneered a system that allows consumers to instantly check whether products they buy, especially health-related products, are counterfeits or not by sending a free text message.
He is honorary director of development research at IMANI; a member of the World Economic Forum's Global Agenda Councils (on Data and development), Young Global Leaders, and Technology Pioneers Communities; a TED and Ashoka fellow; and a Brain Trust member of the Evian Group at IMD. He is a recipient of numerous awards, ranging from an Archbishop Desmond Tutu Award, Marie Curie and Commonwealth Vision Grants to a PPARC Scholarship in Gamma Ray Astronomy. Bright is consulted on innovation strategy by international organizations such as the World Bank, UNECA, USAID, and the Commonwealth; and is a member of the United Nations taskforce on innovative models in healthcare and the Lancet Commission on Sub-Saharan Africa. He is a Global Fellow of the Salzburg Global Seminar, where he also served on the 2011 faculty for healthcare. He has appeared on prime time BBC shows, been cited by the Economist magazine, and been profiled by MIT's Tech Review as one of the world's most impressive visionaries under age 35.
This year, Fortune Magazine named Bright in their 50 World’s Greatest Leaders list among other industry players like Apple & Amazon CEOs, Tim Cook and Jeff Bezos respectively and also Pope Francis. Bright is furthermore a member of the Advisory Board of IC Publications, one of the world's leading publishers focused on Africa and the African diaspora; of the Microsoft for Africa Advisory Council; and of the Sanofi Digital and Africa 2.0 Advisory boards.
Bibi Bakare-Yusuf is co-founder and publishing director of one of Africa’s leading publishing houses, Cassava Republic Press www.cassavarepublic.biz and the co-founder of Tapestry Consulting, a boutique research and training company focused on gender, sexuality and transformational issues in Nigeria. She has worked as a gender and research consultant in the public, private and development sectors for the BBC, UniFem, ActionAid, eShekels, Central Bank of Nigeria, the European Union and others. She has a Ph.D in Women and Gender Studies from the University of Warwick. She has published many academic papers and regularly presents papers at academic conferences. She sits on the editorial board of a number of influential journals and is the chair of board of The Initiative for Equal Rights, the largest organisation in West Africa devoted to LGBTQ issues. Bibi is also a Yale World Fellow, a Desmond Tutu Fellow and a Frankfurt Book Fair Fellow.
Herman Kojo Chinery-Hesse has been listed as one of the top 100 global thinkers by the US based publication, Foreign Policy Magazine. He and his companies have won numerous awards and accolades including the GUBA award in the UK, the Ghana Millennium Excellence Awards for IT, the Ghana Club 100 Award for the most innovative company, the “SMS App of the year” award, the Mobile World Lifetime Achievement Award, Best Entrepreneur in Information and Communication Technology and the Distinguished Alumnus Award from Texas State University, the first and currently only African recipient of the award.
In 1991, Herman co-founded the SOFTtribe Ltd, one of the leading software houses in Africa. In 2008, he also co-founded Black Star Line S.A. an e-commerce company behind the novel “Sundiata” payment platform, pioneering e-payments and e-commerce to millions of rural Africans. His newest innovation is the forthcoming e-commerce platform shopafrica53.com web mall. His companies have collaborated to develop a number of award winning products such as Hei Julor!!! a low cost, mobile based, mass market security alert system for Africa.
Herman has been a speaker at many prestigious institutions including Oxford University, Harvard Business School, Wharton Business School, Chatham House, CPH Conference, Tech4Africa etc. He is a TED fellow and has been featured in the international media including CNN, BBC and Al Jazeera. He has been featured in many magazines including Ghana Business and Finance Times, Forbes and many more. He was placed 17 on the list of 20 Notable Black Innovators in Technology. Herman has been listed as one of Africa’s Top 20 Tech Influencers and also listed as one of 100 most influential Africans of our time. He is also an assessor for the Commercial Courts of Ghana.
He holds a Bachelor of Science Degree in Industrial Technology from Texas State University and is considered a giant in African technology and innovation. INC magazine and other international publications have referred to him as “The Bill Gates of Africa.”
Patrick Dupoux leads BCG Africa operations. He also leads the firm’s globalization topic in BCG’s Western Europe, South America, and Africa region. He founded and is the current Chairman of the Casablanca office. Patrick joined BCG in 2001 and has supported many African and multinational companies in Africa across a range of industries, including industrial goods, consumer goods, energy, and agriculture. He authored several BCG's reports on the Africa Region, "The African Challengers" in 2010, "Winning in Africa" in 2013, "Dueling with Lions" in 2015 and "Why Africa remains ripe for Private Equity" in 2016. He continues to lead research on the emergence of Africa and the ways in which companies can succeed in the context of Africa’s broader plans for expansion. He holds a master in civil engineering from the "Ecole Nationale des Ponts et Chaussées" (1996) in France and a MBA from INSEAD (2000).
HAI Helen is the United Nations Industrial Development Organization (UNIDO) Goodwill Ambassador for industrialization in Africa. She is the CEO of the Made in Africa Initiative which advises African government for industrialization and investment promotion. Ambassador Hai is Co-Founder of C&H Garments, which is a pioneer Pan-Africa export-oriented garments manufacturer.
Ambassador Hai was trained as an actuary in the United Kingdom with near 20 years of international experience in FTSE100 companies. She has BA in actuarial science and MSc in actuarial management from CASS Business School in London and EMBA from INSEAD and Tsinghua University.
Ambassador Hai was named a 2015 Global Young Leader by World Economic Forum, and she is co-chair of the Global Future Council on the Future of Consumption for World Economics Forum. She received the 2015 African Business Icon Award, and awarded as Officer of the National Order of Lion of Senegal in 2016.
She is on the committee of Global Commission on Business and Sustainable Development.
Hadeel Ibrahim is the founding Executive Director of the Mo Ibrahim Foundation, which was established in 2006 to support leadership and governance in Africa.
Hadeel is co-Chair of the Board of Directors of the Africa Center in New York, whose mission is to promote partnership, collaboration, dialogue and understanding between African artists, business leaders and civil society and their counterparts in the United States and beyond.
Hadeel serves of the Boards of the Mary Robinson Foundation for Climate Justice, the Clinton Foundation, the BMCE Bank of Africa, 1:54 Contemporary African Art Fair, and the Governing Board of the African Governance Institute.
She also serves on the Dean’s Advisory Council for the School of Architecture and Planning at the The Massachusetts Institute of Technology, is a member of Amnesty International’s Secretary General’s Global Council, a member of the International Advisory Committee & Jury of the London Design Biennale and is a Patron of Restless Development, a youth led development agency.
Hadeel previously served as a member of the UN Secretary-General’s High-Level Panel on Humanitarian Financing, on the Boards of The Synergos Institute, Refugees International, the Carter Center (UK) and the FT/IFC Transformational Business Awards Judging Panel.
Yvonne Ike is managing director, Sub Saharan Africa (EX-RSA) at Bank of America Merrill Lynch. Prior to joining the bank, Ms Ike was the chief executive officer, West Africa at Renaissance Capital, responsible for the firm’s West Africa franchise covering Investment Banking, Securities Trading, Treasury Services and Asset Management. Ms Ike has more than 18 years experience in financial services, including capital markets operations and fixed income, derivatives and equities products. Over the course of her career, she has led senior teams in New York, Geneva, Hong Kong, Nigeria and South Africa. She started her career as an auditor with Ernst and Young International, and has been an FSA-registered representative since 1994. Prior to joining Renaissance Capital, Ms Ike was a managing director at JP Morgan, where she spent 15 years of her career until 2009. More recently, she has worked as a partner at Africapital Management Limited. Ms Ike is also a trustee of Bridge Leadership Academy, Christopher Kolade Foundation, Dangote Foundation and is an independent director of Guinness Nigeria PLC. She is passionate about actively contributing to Africa’s development and is involved in several initiatives including, African Gifted Foundation, Women for Women International. Ms Ike has received many international awards including being recognized by the Queen of England as one of the Top 200 Business women in the UK to make a significant impact in society in 2007.
Nancy Kacungira is a multi award-winning BBC News presenter and correspondent with more than 12 years of media experience. As a speaker and moderator, Nancy has presented on some of the world’s biggest platforms including TedX, the World Economic Forum and a Presidential Debate. She holds a Masters degree in International Communications from the University of Leeds. With a background as an entrepreneur, Nancy co-founded the Blu Flamingo digital agency, which now operates in four African countries. One of her biggest commitments is towards championing diversity, balance and nuance in narratives about Africa.
Somik V. Lall is the World Bank’s Global Lead on Territorial Development Solutions and its Lead Economist for Urban Development in Africa. He has been a core team member of the World Development Report 2009: Reshaping Economic Geography, Senior Economic Counselor to the Indian Prime Minister’s National Transport Development Policy Committee, and Lead Author of the World Bank’s flagship report on urbanization “Planning, Connecting, and Financing Cities Now” as well as the recent ‘Africa’s Cities: Opening Doors to the World’. Somik heads a World Bank global research program on urbanization and spatial development and previously founded the Urbanization Reviews program. He is a recognized expert on development policy related to urban and territorial competitiveness, agglomeration and clusters, infrastructure, and impact evaluation, with over 18 years’ global experience, most notably in Asia, Africa, and Latin America.. His research and policy advisory interests focus on “place shaping policies”, around cities, clusters, and corridors and the functioning of factor and product markets, with more than 40 publications featured in peer-reviewed journals including the “Journal of Development Economics” and “Journal of Urban Economics”, edited volumes including the “Handbook of Regional and Urban Economics”, and working papers. He holds a bachelor’s degree in engineering, master’s in city planning, and doctorate in economics and public policy.
Yemi Lalude is a Managing Partner at TPG based in London, where he leads TPG Growth's investments in Africa and is a leader in emerging market investment activities in the TMT sector. Prior to joining TPG in 2015, Yemi was Founder and Managing Partner of Adlevo Capital, a technology-focused investment firm in Africa. Yemi holds degrees from the University of Lagos, Stanford University and Harvard University.
Jabulane (Jabu) Mabuza is the Chairman of Telkom SA SOC Limited. He is widely recognised as a successful entrepreneur. He retired from the position of Group Chief Executive of Tsogo Sun Holdings Ltd, and as Deputy Chairman of Tsogo Sun Holdings. Jabu is the current Chairman of the Casino Association of South Africa (CASA), President of Business Unity South Africa (BUSA), Executive Chairman of Sphere Holdings, Leader of the CEO Initiative, recently appointed as Chairman of the Africa portion of the merged Anheuser-Busch InBev and SABMiller. Appointed as Chairman of the Business Leadership South Africa (BLSA) on 20 October 2016.
Jabu has held a number of directorships within the Southern Sun and Tsogo Sun Groups. He has served on the Board of South African Tourism for nine years and as its Chairman, for six years, ending May 2012.
He also served on the Board of University of South Africa School of Business Leadership (SBL) and was Country Advisor to the Union Bank of Switzerland (UBS). He has served as a member and patron of the South Africa Day initiative (Citizens in Partnership with Government “CPG).
Jabu has presented several papers in Southern Africa, the United Kingdom, United States of America and Europe on Black Economic Empowerment Investment in South Africa, Small and Medium Enterprise Development and the Role of Business in Transition.
Outside of our South African boarders, he served on the boards of Tanzania Breweries Ltd (TBL), and Castle Brewing Company in Kenya. He has recently retired as Board member from the Corporate Council on Africa (CCA) in Washington DC and the World Travel and Tourism Council (WTTC) in England – UK as an Executive Committee Member. Appointed to the Concordia Leadership Council – USA. He is also the Chairman of the Regional Business Council for World Economic Forum (WEF).
Some of the Awards received among others include:
- The South African Minister of Tourism presented Jabu with the Lifetime Achiever Award, The Lilizela Tourism Award for his exceptional contribution to the tourism sector on 12 September 2013.
- On 17 October 2015 he received the Business Leader of the year Award at the South African of the Year (SATY Awards).
- Recipient of a Lifetime Achievement Award – EY World Entrepreneur Awards 2016 – Southern Africa on 29 November 2016.
- A Doctor of Commerce Degree (Honoris Causa) was awarded and conferred to him by the University of the Witwatersrand (WITS) at a Graduation Ceremony on 05 July 2017. In recognition of his sterling work in his achievements in entrepreneurship and his contribution to the growth of the South African economy.
Mohamed Mansour took over the Mansour Group following the passing of his father in 1976.
From early 2006 until October 2009, Mr Mansour was appointed as the Minister of Transport in Egypt, one of the largest service ministries employing over 250,000 people, and overseeing 23 affiliate authorities in five main sectors: maritime, transport and ports, roads and bridges, railways, metro and river transport.
Mr Mansour is the Founder and Chairman of Mansour Automotive Company (General Motors distributor), Mantrac and Unatrac (Caterpillar’s distributor) and of Credit Agricole Egypt – the second largest bank in the country.
He is the Founder and Chairman of the Lead Foundation, a non-profit organisation providing funding to small and micro enterprises.
He has served as the Chairman of the Egypt-U.S. Business Council, and was also the President of the American Chamber of Commerce in Egypt, as well as the Secretary General of the Egyptian Center for Economic Studies.
He is also a member of the Board of the Center for Contemporary Arab Studies at Georgetown University; the George Washington School of Business Advisory Board and the International Advisory Board of the Coca-Cola Company.
Moeletsi Mbeki is a political analyst, author and an entrepreneur. He is a director of several companies, is Chairman of KMM Investments (Pty) Limited, KMM Review Publishing (Pty) Limited, MGM Capital Investments (Pty) Limited and Executive Chairman of EndemolShine Africa.
Moeletsi is the author of Architects of Poverty: Why African Capitalism Needs Changing. He edited Advocates for Change: How to Overcome Africa’s Challenges. Both books have been translated into Chinese. He has recently co-authored A Manifesto for Social Change: How to Save South Africa, with his niece Dr Nobantu Mbeki.
He is Deputy Chairman of the South African Institute for International Affairs (SAIIA); an independent think tank based at the University of the Witwatersrand and is a member of the council of the International Institute for Strategic Studies (IISS) which is based in London.
After returning to South Africa from exile in 1990, he was appointed Head of Communications for the Congress of South Africa Trade Unions, (Cosatu) and Media Consultant to the African National Congress.
During most of the 1980s he was a Senior Journalist for the Zimbabwe Newspapers in Harare. As a result of the outstanding work that he did for the Zimbabwe Newspapers Features Department, he was awarded a Nieman Fellowship by Harvard University for the 1988 – 1989 academic years.
Mbeki began his journalism career in London in 1979 as a contributor to Africa, New African, Africa Now magazines and to the BBC Africa Service.
He studied Building, Building Management and Sociology in England, obtaining an M.A. degree in Sociology from the University of Warwick in 1982. He worked in the construction industry in the United Kingdom and in Tanzania during the 1970s.
Godfrey "Gado" Mwampembwa
Cartoonist Godfrey Mwampembwa, a.k.a Gado was born in Dar es Salaam, Tanzania on August 6, 1969. Gado is the editorial cartoonist for The East African Standard in Nairobi. He is most Syndicated Political/Editorial cartoonist in the East and Central Africa. His works have also been published in Daily Nation (Kenya), Le Monde and Courrier International (France), Deutsche Welle (Germany), The Guardian of London among others.
He is the Co-founder and Executive Chairman of Buni Media, an independent multimedia company based in Nairobi. A classical animator from Vancouver Film school, Gado is a creator and Producer of the weekly satirical puppet show, The XYZ SHOW.
Gado is a 2007 Prince Claus Laureate. He is also a winner of Kenya National Human Rights Commission Award in Journalism in 2005 and 2007. Gado is a recipient of the prestigious Cartoon for Peace 2016 International Editorial Cartoon award. In 2011 Gado was among 12 extraordinary leaders to receive a Visionaries Award from Ford Foundation for their innovative efforts on the frontlines of key social issues. In 2014, Gado was named as one of the 100 most influential people in Africa by one of Africa’s leading publication, NewAfrican.
Gado is a member of Cartoonists Rights Network (CRN), Cartoonist For Peace and Kenya Union of Journalists (KUJ). He lives in Nairobi with his wife Stephanie Uwingabe and two daughters.
Yaw Nsarkoh is the Executive Vice President (EVP) of Unilever Ghana and Nigeria.
He was Managing Director and Senior Vice President, Unilever Nigeria from 1st January, 2014 to 31st December, 2016; and Managing Director, Unilever, East and Southern Africa, based in Kenya from 2010 to 2013. He was at one time the Strategic Assistant to the President and Unilever Executive Member for Asia, Africa, Central and Eastern Europe based in the United Kingdom. He also served at various times as Marketing Director and Executive Board member for Unilever, Ghana; African Regional Brand Manager, Laundry Regional Innovation Centre (Africa, Middle East & Turkey), working out of Unilever, South Africa and Production Manager Unilever, Ghana.
Mr. Nsarkoh holds a Honors Degree in Chemical Engineering from the University of Science and Technology, Kumasi, Ghana and a Post Graduate Diploma in Management from Henley Management College, Henley–on-Thames, United Kingdom. He is a member of Ghana Institution of Engineers; a Director of Changing Lives Endowment Fund (CLEF) in Ghana and a former Director of the Kenya Association of Manufacturers and Chairman of East African Shippers Council.
Mr Nsarkoh currently sits as executive member on a number of Trade/Employee Associations and Strategic Private Sector committees in Nigeria. He is the Chairman of the Diversity and Inclusion (D&I) board for Unilever Africa and represents Africa on the Unilever global D&I board. Yaw also sits as a member, Board of Advisors, Lagos Business School.
Mr Nsarkoh is a regular speaker on business issues, specifically Marketing and Leadership at public fora. His hobbies include walking, cycling, and civil society advocacy. He has a special interest in: development economics, management and leadership philosophy.
Nick O'Donohoe joined CDC as its Chief Executive in June 2017 and is also a member of the CDC Board. He was previously a Senior Adviser to the Bill and Melinda Gates Foundation where he specialised in the use of blended finance models to support the work of the Foundation.
Prior to taking this role, Nick co-founded, with Sir Ronald Cohen, Big Society Capital (BSC). He served as its Chief Executive Officer from 2011 to December 2015. BSC is an independent financial institution established by the UK Government as "the world's first social investment bank" and is capitalised with unclaimed UK bank accounts and investment by the largest UK banks.
Previously Nick worked at JP Morgan, latterly as Global Head of Research. He was a member of the Management Committee of the Investment Bank and the Executive Committee of JP Morgan Chase, as well as the senior sponsor for JP Morgan's Social Finance Unit. Nick co-authored "Impact Investments: An Emerging Asset Class", published by JP Morgan and the Rockefeller Foundation in November 2010. Prior to JP Morgan, he spent fifteen years at Goldman Sachs.
Nick served as Chairman of the UK Dormant Assets Commission which reported in March 2017. He is also a board member of the Global Impact Investing Network (GIIN) and Deputy Chairman of the Global Steering Group on Impact Investment.
Nick has an MBA from the Wharton School and a BA in Mathematical Economics and Statistics from Trinity College, Dublin.
Ebele Okobi is Facebook’s Public Policy Director for Africa. She has worked across Africa, Europe and in the US as a lawyer, civil society advocate and in marketing and business development. Prior to joining Facebook, she was Global Head of Human Rights at Yahoo, in the management development program in Nike’s EMEA headquarters, a senior director at Catalyst in Silicon Valley/Amsterdam; a consumer rights policy fellow at Consumers Union in San Francisco and a lawyer at Davis Polk & Wardwell in New York, Paris and London.
She was a founding board member of the Global Network Initiative, is a life member of the Council on Foreign Relations and serves on the Advisory Board of Alliance for an Affordable Internet. She attended the University of Southern California, Columbia Law School and HEC-Paris.
Dr Arkebe Oqubay is a Minister and Special Advisor to the Prime Minister of Ethiopia. He is the former mayor of Addis Ababa, and pioneered the transformation of the city under his leadership. In recognition of this, he was awarded ‘The Best African Mayor of 2005’ by the African Broadcast Network (ABN), and was a finalist for the award of World Mayor of 2005. Dr Arkebe serves as Chairman and Vice Chair of boards of directors of many leading public organisations, such as the Ethiopian Railway Corporation (ERC), Ethiopian Airlines (EAL), and Industrial Parks Development Corporation (IPDC). He also serves as member of the Ethiopian Investment Board (EIB) and National Export Coordinating Committee (NECC), which are both chaired by the Prime Minister. Dr Arkebe has been a member of the core leadership of the Tigrayan People’s Liberation Front (TPLF) and the Ethiopian People’s Revolutionary Democratic Front (EPRDF), the movement that spearheaded the seventeen-year popular liberation struggle. He holds a PhD in Development Studies from SOAS, University of London, and is research associate at the Centre of African Studies in the University of London. His path-breaking and widely read book Made in Africa: Industrial Policy in Ethiopia (Oxford University Press, 2015) focuses on Africa’s economic transformation, industrialisation and policymaking.
Sev Vettivetpillai is a Managing Partner, Executive Board Member of The Abraaj Group and Global Head of Thematic Fund Businesses, responsible for the Group’s Healthcare, Real Estate, Energy Infrastructure and Private Credit strategies, as well as leading the efforts on launching new products and strategies for the company.
Mr. Vettivetpillai is a permanent member of the Investment Committee responsible for review and approval of all Abraaj investments across the platform. He has more than 25 years of experience within the growth markets private equity arena, with extensive experience in the areas of setting up successfully new teams in new geographies and products, strategic investment management, fundraising, deal structuring, valuation, due diligence and portfolio management.
Mr. Vettivetpillai was the Founder of the Aureos Group, where he held the position of Chief Executive Officer from 2003 until 2012, and Chief Investment Officer from 2001 and built the largest emerging market focused private equity business investing in SMEs. He successfully led the management buy-out in 2009 and subsequently merged the organization with The Abraaj Group in 2012.
In 2013, Sev Vettivetpillai received a Special Recognition Award for Outstanding Leadership in Private Equity Africa, in London. This was an individual award in recognition of his leadership in African private equity.
Mr. Vettivetpillai sits on many boards as an independent/nominee director including the African Private Equity and Venture Capital Association (AVCA).
Prior to joining Aureos, Mr. Vettivetpillai was a Senior Investment Executive at CDC Group plc, London, between 1996-2001.
Mr. Vettivetpillai is a CFA Charter holder and completed a BEng (Hons) in Civil Engineering from Imperial College of Science, Technology and Medicine, UK.
Simon has been the CEO of ArcelorMittal Mining since 2015. He joined the company in January 2011 as chief commercial officer of ArcelorMittal Mining and is a member of the group management committee. He has over 30 years’ experience in the mining and minerals industry, starting his career in 1981 at BHP Billiton, where he held positions in mines in Australia and Indonesia and other commercial offices globally until 2002. He then joined Destra Consulting Group as Partner before becoming Chief Marketing Officer for Ferrexpo plc in 2006 based in Hong Kong and Switzerland.
Simon is a graduate of the Australian Institute of Company Directors with a Diploma in Company Directorship. He also holds a Graduate Diploma in Corporate Finance from Swinburne University, Australia, as well as a B.A., Psych, Marketing (Comm) from the University of Melbourne, Australia.
Recently named by the UN as one of 100 Most Influential People of African Descent and profiled by Forbes as the man who helped three Presidents win elections consecutively in Africa, Adebola Williams is Co-Founder of RED, which is home to several well-known brands including The Future Awards Africa, YNaija.com, amongst others. RED's impressive client list over the years includes the British Council, Nigeria LNG, Union Bank, Facebook, Uber and Intel.
Under the RED network, he is chief executive officer of communication company, Red Media Africa and nation-building company, StateCraft Inc. he has been named CNBC Young Business Leader of the year, Forbes 30 Under 30, and Businessday 40 Under 40. In 2017, he was named "Evangelist of The Future" at the C4F Davos Award
Adebola co-founded EnoughisEnough (EiE), one of Nigeria's foremost civic participation group and premium voice for young people on politics. He was Chairman of the Board until resigning to take the lead on the communication and rebranding of the current Nigerian president. Muhammadu Buhari. He led the team that reshaped the national discourse, and optimise media engagement that helped change longstanding perceptions and ushered in a new president. He has recently done the same in Ghana helping the opposition candidate win the presidency on his third attempt.
Inducted into the Lagos state Gallery of Entrepreneurs and pacesetters in 2014, Adebola crusades on Entrepreneurship, Leadership and Impact Change with a focus on youth across the world. He has been an invited speaker at conferences in London Business School, Wharton, Stern, ALF NewYork, WIMBIZ, AU conferences, UNFPA conferences, and most recently went on a tour of IVy Leagues schools; Yale, Columbia, Oxford and Harvard.
An alumni of the London School of Journalism, London School of Marketing and the Pan African University, Adebola is a member of the African Leadership Network, a British Council Global Changemaker and sits on the boards of Slum to School Africa and Chairs the board of Young Entrepreneurs Network.
A President Obama Mandela Washington fellow, Adebola's unique profile recently earned him a never-been-done deal as the first entrepreneur ambassador for leading telecoms Line in Africa, Globacom.
Professor Ngaire Woods is the founding Dean of the Blavatnik School of Government and Professor of Global Economic Governance at Oxford University. Her research focuses on how to enhance the governance of organizations, the challenges of globalization, global development, and the role of international institutions and global economic governance. Previously, she founded the Global Economic Governance Programme at Oxford University and co-founded (with Robert O. Keohane) the Oxford-Princeton Global Leaders Fellowship programme. She led the creation of the Blavatnik School of Government at Oxford University.
Ngaire Woods serves as a member of the International Advisory Panel of the Asian Infrastructure Investment Bank, on the Board of the Mo Ibrahim Foundation, and as a Rhodes Trustee. She is co-Chair of the World Economic Forum’s Global Future Council on Values, Technology and Governance. She serves on the Advisory Group of the Center for Global Development (Washington DC). Previously, she served as a Non-Executive Director on the Arup Global Group Board and on the Board of the Center for International Governance Innovation in Canada. She has also served as a member of the IMF European Regional Advisory Group, and as an Advisor to the IMF Board, to the African Development Bank, to the UNDP’s Human Development Report, and to the Commonwealth Heads of Government. She has presented numerous documentaries for BBC Radio 4 and BBC TV2.
Ngaire Woods’ books include: The Politics of Global Regulation (with Walter Mattli, Oxford University Press, 2009), Networks of Influence? Developing Countries in a Networked Global Order (with Leonardo Martinez-Diaz, Oxford University Press, 2009), The Globalizers: the IMF, the World Bank and their Borrowers (Cornell University Press, 2006), Exporting Good Governance: Temptations and Challenges in Canada’s Aid Program (with Jennifer Welsh, Laurier University Press, 2007), and Making Self-Regulation Effective in Developing Countries (with Dana Brown, Oxford University Press, 2007). She has previously published The Political Economy of Globalization (Macmillan, 2000), Inequality, Globalization and World Politics (with Andrew Hurrell: Oxford University Press, 1999), Explaining International Relations since 1945 (Oxford University Press, 1986), and numerous articles on international institutions, globalization, and governance.
She was educated at Auckland University (BA in economics, LLB Hons in law). She studied at Balliol College, Oxford as a New Zealand Rhodes Scholar, completing an MPhil (with Distinction) and then DPhil (in 1992) in International Relations. She won a Junior Research Fellowship at New College, Oxford (1990-1992) and subsequently taught at Harvard University (Government Department) before taking up her Fellowship at University College, Oxford and academic roles at Oxford University.
Karim Lotfi Senhadji
Chaired by (2)
David Pilling is the Africa Editor of the FT. Previously he was the Asia Editor (2008-16), Tokyo Bureau Chief (2002-08), Pharmaceuticals Correspondent (1999-2001), Deputy Features Editor (1997-99) and Chile/Argentina Correspondent (1993-97). He is the author of Bending Adversity: Japan and the Art of Survival (Penguin, 2014)
Lionel Barber is the editor of the Financial Times. Since his appointment in 2005, Mr Barber has helped solidify the FT’s position as one of the first publishers to successfully transform itself into a multichannel news organisation. During his tenure, the FT has won numerous global prizes for its journalism, including Newspaper of the Year, Overseas Press Club, Gerald Loeb and Society of Publishers in Asia awards. He has co-written several books and has lectured widely on foreign policy, transatlantic relations, European security and monetary union in the US and Europe and appears regularly on TV and radio around the world. As editor, he has interviewed many of the world’s leaders in business and politics, including: US President Barack Obama, Chancellor Angela Merkel of Germany and President of Iran, Hassan Rouhani.
Mr Barber has received several distinguished awards, including the St George Society medal of honour and the Legion d’Honneur for his contribution to journalism in the transatlantic community. He serves on the Board of Trustees at the Tate and the Carnegie Corporation of New York.
Hotel deals for FT Africa Summit 2017
We look forward to seeing you at FT Africa Summit 2017 on the 8th October. We have put together a unique HotelMap that shows our hotel deals at nearby hotels.
The FT Africa Summit 2017 HotelMap is here:
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Organised by (1)
The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. Providing essential news, comment, data and analysis for the global business community, the FT has a combined paid print and digital circulation of 840,000. Mobile is an increasingly important channel for the FT, driving more than half of total traffic.
Platinum Sponsor (1)
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,600 retail financial centers, approximately 15,900 ATMs, and award-winning digital banking with approximately 35 million active users and more than 22 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
Knowledge Partner (1)
The Boston Consulting Group (BCG) is a global management consulting firm and the world’s leading advisor on business strategy. We partner with clients from the private, public, and not-for-profit sectors in all regions to identify their highest-value opportunities, address their most critical challenges, and transform their enterprises. Founded in 1963, BCG is a private company with 86 offices in 42 countries.
Our presence in Africa includes four permanent offices in Casablanca, Lagos, Luanda and Johannesburg and 7 research centres. BCG projects in Africa cover a large spectrum of industry sectors including Industrial Goods, Financial Institutions and Insurance, Public Sector, Social Impact, Energy, Consumer Products, Healthcare and Technology, Media and Telecommunications.
Silver Sponsor (1)
NetJets Europe is the world’s leading business aviation company. Launched in Europe in 1996 and backed by Warren Buffett’s Berkshire Hathaway, the Fractional Ownership Programme provides unmatched freedom and flexibility – all the advantages of owning a private jet, with none of the hassle.
Drinks Reception Sponsor (1)
Banco Nacional de Investimento – BNI (or National Investment Bank) is a 100% state-owned Development and Investment Bank with 6 years of operating experience in Mozambique. It is an initiative of the Mozambican government with the aim of:
- Accelerating the country’s development through the financing of infrastructure and the manufacturing industry;
- Strengthening the capacity of the domestic market (public and private, with a focus on SMEs);
- Advising companies and projects impacting economic and social development;
- Energizing capital markets as an alternative source of funding for Mozambican companies;
- Advising the Government on specialized financial issues, particularly fundraising for the country’s infrastructure projects.
BNI’s mission is to finance and advise projects and companies that have significant economic and social impact in Mozambique, and the vision is to be the development and investment bank of reference in the country.
As a development bank, BNI finances infrastructures with inter-sectorial linkages, and productive sector projects that have an impact on sustainable, economic and social development.
As an investment bank, BNI offers advisory and consulting services such as Fund Management and Capital Market Access, Economic and Financial Assessments, Feasibility Studies, Financial Restructuring, M&A, Partnership Agreements, Fund raising, Business Restructuring, and LBOs/ MBOs.
Supporting Organisations (2)
The European Business Council for Africa and the Mediterranean (EBCAM) was founded in 1973 by 7 European private sector associations, representing investors and operators in Africa as a non-profit organisation (AISBL) based in Brussels. Through its members it represents some 4,000 European companies with interests in the African continent and activities covering the complete range of commerce and industry.
EBCAM brings together European investors and other operators engaged in economic activity in the African continent and it works for a close cooperation between the European private sector and African countries. It is the only organisation that comprehensively represents the range of business activities undertaken in Africa by European companies.
EBCAM embraces major European Associations of private sector focussed on development, business, trade and investment with African countries. It follows regularly the EU development policy and actions, as well as the foreign trade scene in Brussels, Washington and the whole of Africa.
The African Private Equity and Venture Capital Association (AVCA) is the pan-African industry body which promotes and enables private investment in Africa. AVCA plays an important role as a champion and effective change agent for the industry - educating, equipping and connecting members and stakeholders with independent industry research, best practice training programmes and exceptional networking opportunities.
AVCA members span private equity and venture capital firms, institutional investors, foundations and endowments, pension funds, international development finance institutions, professional service firms, academia, and other associations. This diverse membership is united by a common purpose: to be part of the Africa growth story.
Media partners (7)
CDC is the UK’s development finance institution. Set up in 1948, CDC has been investing in businesses across Africa for nearly 70 years. We have a dual objective to support development impact through economic growth and jobs and to make a financial return, which we re-invest into more businesses. CDC provides more than capital alone, working over the long-term alongside businesses to help them build management teams, improve standards, and attract further investment. We prioritise sectors that can have a transformational impact on economies, creating jobs and building businesses. Our focus is on infrastructure, agribusiness, construction, manufacturing, education, health and financial services. We invested over £1.2bn in 2016 and have assets valued at nearly £5bn.
Africa Confidential is one of the longest-established specialist publications on Africa, with a considerable reputation for being first with in-depth news and analysis on significant political, economic and security developments across the continent.
Our track record owes much to our comprehensive network of local correspondents, and the connections we’ve built up throughout Africa since we started publishing back in 1960.
This continent-wide, on-the-ground coverage enables us to identify and monitor upcoming issues long before they are picked up by the general media – and analyse their real significance for our readers.
What’s more, all our contributors write for us on the basis of strict anonymity, a principle that was established from the outset in 1960 to ensure writers’ personal safety in the turbulent, early years of post-colonial African independence. Hence the newsletter’s title.
Who reads Africa Confidential?
Africa Confidential is read fortnightly by a wide range of governmental, multilateral and academic institutions, NGO’s, risk advisory firms, multi-national corporations and individuals around the world - all united in their need for timely, accurate and incisive analysis of contemporary African developments.
Analyse Africa, a service from the Financial Times, is a digital database providing macroeconomic data from leading global sources. Gain instant access to 2.1 million data records, from 49 world renowned providers, and 5,000+ professionally validated indicators, in order to analyse, evaluate and spot opportunities in Africa. Analyse Africa is used to analyse, understand and evaluate entire economies to inform critical business decisions by financial service organisations, corporations, government agencies, multilaterals, consultancies and research and academic institutions worldwide.
This is Africa, a digital service from the Financial Times, examines African business, development and politics in a global context, making sense of the relationships that Africa is building with the rest of the world. It challenges international preconceptions about the continent and identifies the opportunities and risks in this dynamic business environment.
Follow us on Twitter @ThisIsAfrica
Sign up for our free e-newsletter ThisIsAfricaonline.com/register
The Business Year (TBY) is a leading research firm and publisher of annual economic resources on national economies. Present in over 25 countries, TBY provides first-hand access to the people and ideas shaping business and policy throughout the world. Each country-specific edition contains a comprehensive range of interviews and analysis, offering an inside look at doing business in the world’s most dynamic economies. TBY’s interviewees, readers, and partners comprise an international network of thought-leaders who are helping to define the future of the global economy.
Menas Associates is a boutique strategic and political risk consultancy firm that specialises in providing actionable intelligence for any company operating in the emerging markets. Established in 1978, Menas is based in London and works with experienced and well-connected experts across the globe, ensuring that their information and analysis is based on real ‘on the ground’ knowledge. Their services include consulting, Ask our Experts telephone consultancy, briefings, and publications that are produced on a monthly, fortnightly and weekly basis. Menas Associates has a broad reach, and an extensive network of contacts around the globe, including the Middle East, the Caspian, Africa, South and East Asia, and Latin America.
Reaching over 300,000 readers monthly in over 75 countries, African Business is the best-selling, ABC-audited, African English language magazine. It is a sober, yet essential read for the discerning business person in Africa, or business person doing business in Africa. It is regarded with enormous respect globally.
Past speakers include
Akinwumi Adesina, President, African Development Bank Group
Bob Collymore, CEO, Safaricom
Kelvin Balogun, President, South and East Africa, The Coca-Cola Company
Aliko Dangote, President and CEO, Dangote Group
Okechukwu Enelamah, Minister of Industry, Trade and Investment, Government of Nigeria
Albert Essien, former Group Chief Executive Officer, Ecobank Group
Yvonne Ike, Managing Director & Head of Sub Saharan Africa (Ex-RSA), Bank of America Merrill Lynch
Ivan Glasenberg, Chief Executive Officer, Glencore
Pravin Gordhan, Former Minister of Finance, National Treasury, Republic of South Africa
Tidjane Thiam, Chief Executive Officer, Credit Suisse Group AG