For every problem in Africa, there are people working on solutions. The continent is bursting with innovation, entrepreneurial flair and people trying to solve problems as diverse as bad infrastructure, unbanked citizens and even weak institutions. Companies are inventing new ways of doing business, technologists are dreaming up solutions to African problems and scientists are addressing African-specific issues. Citizens are making palpable efforts to improve their societies, artists are expressing their hopes and frustrations. This conference will place a special emphasis on youth, women, entrepreneurs, scientists and artists and on fresh thinking generally. Africa’s home-made solutions are becoming more relevant as the continent takes its destiny into its own hands.
FT Africa Summit 2019
Africa in Motion
H.E. Cyril Ramaphosa
Republic of South Africa
H.E. Mahamudu Bawumia
Republic of Ghana
H.E. Kamissa Camara
Government of Mali
Testimonials from previous FT Africa Summits
"The best one day event on business in Africa." - Director, Royal African Society
"The FT reliably hosts the best Africa conference in London." - Chief Economist, Renaissance Capital
"FT Africa Summit is one event that cannot be missed if Sub-Sahara Africa is of any interest. The networking opportunities are second to none." - Managing Director, Delphinus Capital Limited
"The FT Africa Summit is the place to be if you want to expand your network and increase your insight on current business affairs in African countries." - Managing Director, Norwegian-African Business Association (NABA)
"No other British national newspaper takes Africa as seriously as the FT does and I'd strongly advise African decision-makers to attend next year's conference." - Columnist, Vanguard Newspaper, Nigeria
"Highly relevant, informed and engaging speakers and panellists" - Group MD, Letshego Holdings Ltd
H.E. Cyril Ramaphosa
Matamela Cyril Ramaphosa was born on 17 November 1952 in Johannesburg. His family was moved from Western Native Township to Soweto in 1962, where he attended Tshilidzi Primary School. He completed high school at Mphaphuli High School in Sibasa, Venda in 1971.
He registered to study law at the University of the North in 1972, where he became involved in student politics, joining the South African Student Organisation (SASO) and the Black People’s Convention (BPC). He was detained in solitary confinement for 11 months in 1974 under Section 6 of the Terrorism Act for organising pro-Frelimo rallies. He was detained for the second time and
held for six months in 1976 following the Soweto student uprising.
While a law clerk for a Johannesburg firm of attorneys, he continued his studies through the University of South Africa (UNISA) obtaining his B. Proc degree in 1981. He then joined the Council of Unions of South Africa (CUSA) as a legal advisor.
In 1982, at the request of the Council of Unions of South Africa (CUSA) he founded the National Union of Mineworkers (NUM) with James Motlatsi and Elijah Barayi, and became the union’s first General Secretary. He was instrumental in building NUM into the most powerful union at the time, with membership rising from 6 000 to 300 000 during his tenure. He led mineworkers in one of the biggest strikes in South Africa’s history in 1987.
As NUM General Secretary he was instrumental in the establishment of the Congress of South African Trade Unions (COSATU), and played a prominent role in the Mass Democratic Movement (MDM) when COSATU joined forces with the United Democratic Front (UDF) against the apartheid government. He went into hiding in July 1986 after the declaration of a state of emergency.
He was later appointed chairperson of the Reception Committee to receive Rivonia trialists and in January 1990 accompanied released ANC political prisoners to Lusaka, Zambia. He served as chairperson of the National Reception Committee, which coordinated arrangements for the release of Nelson Mandela and subsequent welcome rallies within South Africa.
Following the unbanning of the ANC, in 1991 he was elected ANC Secretary General at its first national conference in over 30 years. He became head of the ANC’s negotiation team at the Convention for a Democratic South Africa (CODESA) and the subsequent multi-party talks.
Following South Africa’s first democratic elections on 27 April 1994, he became a Member of Parliament and was elected as Chairperson of the Constitutional Assembly. In that position, he was responsible for overseeing the drafting of South Africa’s internationally acclaimed first democratic Constitution. In 2009, this contribution was recognised with the award of the National Order of the Baobab in Silver.
On completion of the Constitution drafting process, he left Parliament and his position as ANC Secretary General to move into business, joining New Africa Investments Limited. In 2001, he established Shanduka Group as a black-owned investment holding company, building up a diverse portfolio of listed and unlisted assets.
In 2004, he established the Shanduka Foundation, focusing on education and small business development. The Foundation, which has since changed its name to Cyril Ramaphosa Foundation, comprises Adopt-a-School Foundation, Black Umbrellas and the Cyril Ramaphosa Education Trust. He is co-chairperson of the Advisory Board of the Kagiso Shanduka Trust, which is in partnership with the Free State Department of Education on a programme to develop schools in the province.
He gained a wide range of business experience serving on the boards of some of Shanduka’s investee companies and other companies.
He was a member of the United Nations Global Leadership Group that advised the Secretary General’s Special Representative on Business and Human Rights.
He has received several awards. He was awarded the Olof Palme prize in October 1987 in Stockholm. In October 1991 he was a visiting Professor of Law at Stanford University in the United States.
He has received honorary doctorates from the University of Natal, the University of Port Elizabeth, the University of Cape Town, the University of the North, the University of Lesotho, the University of Venda and the University of Massachusetts (USA). He is currently the Chancellor of the University of Mpumalanga.
He was the first Deputy Chairman of the Commonwealth Business Council. He was Vice Chairman of the Global Business Coalition on HIV/AIDS.
Mr Ramaphosa was appointed, along with former Finnish President Maarti Ahtisaari, as a weapons inspector in Northern Ireland. He also sat on the International Commission of Intervention and State Sovereignty and the UN Secretary General’s Panel on International Support to NEPAD.
He was appointed Deputy Chairperson of the National Planning Commission in 2010, a body created to draft a long-term national development plan for South Africa.
In December 2012, he was elected ANC Deputy President at the ANC’s 53rd National Conference in Mangaung.
He was appointed Deputy President of the Republic of South Africa on 25 May 2014.
In December 2017, he was elected 13th ANC President at the 54th National Conference in Johannesburg.
President Cyril Ramaphosa was sworn in as President of the Republic of South Africa on Thursday 15 February 2018 following the resignation of President Jacob Zuma.
H.E. Mahamudu Bawumia
Dr Mahamudu Bawumia has been the Vice President of the Republic of Ghana since January 2017. As the Vice President, he chairs the Economic Management Team which has the responsibility of rebuilding the Ghanaian economy.
He holds a First Class Honours Degree in Economics (Buckingham University, 1987), a Masters Degree in Economics (Oxford University 1988); and a Ph.D. in Economics (Simon Fraser University, Canada in 1995).
Dr Bawumia has had a prestigious career which includes serving as the Deputy Governor of the Bank of Ghana in 2006 and the Resident Representative of the African Development Bank in Zimbabwe in 2011.
He has numerous publications to his credit, including Monetary Policy and Financial Sector Reform in Africa, Ghana’s Experience.
H.E. Kamissa Camara
Kamissa Camara is the Malian Minister of Digital Economy and Prospective since May 5, 2019. She previously was the Minister of Foreign Affairs and International Cooperation as the youngest to have held this position. Founder of the Sahel Strategy Forum, she is an expert in African politics with a focus on the Sahel and West Africa as well.
Ademola Adesina is Founder and Chief Executive Officer of Rensource, a distributed energy company.
Working with entrepreneurial management teams in challenging operating environments, Ademola has focused on building or turning around early and growth stage enterprises for much of his career. Beginning in 2007 on matters related to Agrica, an East African agricultural concern, and subsequently Automatiks, a California based integrator of hybrid power solutions targeted at poor-grid environments globally, AST, a leading provider of Power-as-a-Service in India, and Pagatech, a Nigerian mobile
payments company, Ademola was Entrepreneur in Residence for Capricorn Investment Group, the Palo Alto based investment arm of Jeff Skoll and the Skoll Foundation.
Ademola previously led business development and corporate strategy for Aquifer, a London based investment company affiliated with the family office of Lord Sainsbury and the Gatsby Trust. In this capacity he undertook activities that represented strategic support for developing, strengthening, and growing Aquifer’s businesses.
He joined Aquifer from the Rockefeller Foundation in New York, where he was a founding member of the Innovation for Development & Impact Investing initiatives that led to the creation of the Global Impact Investing Network.
Ademola began his career in the Global Markets division of JPMorgan’s investment bank in New York, where he was responsible for the structuring and distribution of financial derivatives that helped the banks clients to mitigate or take credit and correlation risk.
Ademola has lived and worked in Africa, the USA, and Europe.
Gary Baker joined CFA Institute as managing director for Europe, Middle East, and Africa (EMEA) in September 2016. Based in London, MrBaker leads the EMEA team to deliver measurable value to CFA Institute stakeholders and constituents throughout EMEA. In his role, Mr Baker aims to strengthen the voice of CFA Institute on behalf of members to member societies, institutions, universities, regulators, and institutional partners in the region. He is responsible for supporting CFA Institute policy development in EMEA, advancing the impact of advocacy efforts, and supporting EMEA member societies in delivering value to members and candidates. He also has a key focus on increasing charterholder commitment to continuing education.
Mr Baker is responsible for research functions across CFA Institute, including the Financial Analysts Journal, the Future of Finance initiative and the Research Foundation. Mr Baker has been engaged in financial market investment research for the past 30 years with a highly successful track record in a wide range of sell-side strategic, analytic and management roles. He previously worked at Merrill Lynch for 20 years in a number of global roles, including as managing director, Chief European Equity Strategist, and most recently was Deputy Head of Research with Jefferies in London.
During his career, Mr Baker has been a leader in country, regional, and global roles across Europe, Asia, Australia, and the United States. He holds a master's degree in geography from Cambridge University and earned his CFA charter in 1997.
Kelly Chibale is a full Professor of Organic Chemistry at the University of Cape Town (UCT) where he holds the newly established Neville Isdell Chair in African-centric Drug Discovery and Development. He is also a Full Member of the UCT Institute of Infectious Disease & Molecular Medicine, a Tier 1 South Africa Research Chair in Drug Discovery, founding Director of the South African Medical Research Council (SAMRC) Drug Discovery and Development Research Unit at UCT and the Founder and Director of the UCT Drug Discovery and Development Centre (H3D).
Prof Kelly obtained his PhD in Synthetic Organic Chemistry from the University of Cambridge in the UK (1989-1992). This was followed by postdoctoral stints at the University of Liverpool in the UK (1992-94) and at the Scripps Research Institute in the USA (1994-96). He was a Sandler Sabbatical Fellow at the University of California San Francisco (2002), a US Fulbright Senior Research Scholar at the University of Pennsylvania School of Medicine (2008) and a Visiting Professor at Pfizer in the UK (2008).
Aubrey Hruby is a Partner at Baylis Emerging Markets fund, Co-Founder of the Africa Expert Network (AXN) and an Advisor to investors and Fortune 500 companies doing business in Africa. She designs market entry strategies, sources opportunities and facilitates transactions. Aubrey leads CEO-level delegations to Africa and has worked in more than 25 African markets. As a Senior Fellow at the Atlantic Council and Advisor to the Wharton Social Impact Initiative, she speaks regularly on African business issues. She has interviewed with the New York Times, the Wall Street Journal, National Public Radio, Al Jazeera, Bloomberg Radio, CNBC, CCTV, Africa24, and VoiceAmerica Business. She writes regularly for the Financial Times and Newsweek. Aubrey is a term member of the Council on Foreign Relations, a Young Leader at the Milken Institute and the co-author of award-winning The Next Africa (Macmillan, 2015). She earned a MBA from the Wharton School at the University of Pennsylvania and a MA from Georgetown University.
Yvonne Ike is a Managing Director and Head of Sub Saharan Africa (Ex-RSA) at Bank of America Merrill Lynch.
Yvonne has more than 20 years experience in the financial services, including capital markets operations and fixed income, derivatives and equities products. Over the course of her career, Yvonne has led senior teams in New York, Geneva, Hong Kong, Nigeria and South Africa.
Prior to joining Bank of America Merrill Lynch in September 2014, Yvonne was Chief Executive Officer at West Africa at Renaissance Capital, where she was responsible for the firm’s West Africa franchise covering Investment Banking and Securities Trading. From 1984 to 2009, Yvonne was a Managing Director at JP Morgan. She also worked as a partner at Africapital Management Limited from 2009 to 2011. Yvonne started her career as an auditor with Ernst and Young International.
Yvonne is a trustee of The Bridge Leadership Academy, Christopher Kolade Foundation and The Dangote Foundation. She is passionate about actively contributing to Africa’s development and is involved in several initiatives including African Gifted Foundation and Women for Women International.
Yvonne 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 during 2007.
José de Lima Massano
José de Lima Massano is the Governor of the National Bank of Angola, a position he has held since October 2017, having previously been in the role between 2010 to 2015. Prior to this he was Head of the Executive Committee of BAI (Banco Angolano de Investimentos) between 2015 and 2017 and from 2006 to 2010, and was on the Board of Directors of Banco de Poupança e Crédito from 1999 to 2006. He started his career at Sonangol E&P in 1997.
Mr de Lima Massano earned his Master’s Degree in Accounting and Finance from City University, London in 1996, and an Accounting and Finance Degree from the University of Salford in 1995.
Precious Lunga is CEO and Co-Founder of Baobab Circle, a technology company using an AI-powered platform to deliver personalised management of diabetes and hypertension across Africa. She was previously at Econet Wireless where she established Econet Health and launched several services including the HealthTips platform which acquired more than 750,000 paying users within its first year. Prior to joining Econet she was Strategic Advisor to the Children’s Investment Fund Foundation. Dr Lunga has worked as an epidemiologist across Africa and at UNAIDS Geneva. She sits on the boards of the London School of Hygiene and Tropical Medicine and Grassroots Soccer UK. Dr Lunga has a PhD in Neuroscience from Cambridge University and is a Yale World Fellow.
Strive Masiyiwa is the Founder and Chairman of the Econet Group, a pan-African telecommunications, media and technology company with operations and investments in 29 countries.
He serves on several international boards including Unilever, National Geographic Society and the Global Advisory boards of the Council on Foreign Relations and Stanford University. A former board member of the Rockefeller Foundation for 15 years, he also serves as Chairman of the Alliance for a Green Revolution in Africa (AGRA). He previously served on the Africa Progress Panel, and juror on the Hilton Humanitarian Prize.
As a philanthropist, Mr Masiyiwa is a member of the Giving Pledge, and his contributions to education, health and development have been widely recognised. Mr Masiyiwa and his wife finance the Higher Life Foundation, which has supported the education of over 250,000 African orphaned, vulnerable and gifted children over the past 20 years.
Over the last few years, Mr Masiyiwa has devoted his time to mentoring the next generation of African entrepreneurs through his Facebook page, which has a growing followership of nearly 4-million young people from across the continent. For over two years, Facebook has identified his platform as having the most engaged following of any business leader in the world.
Yvonne Mburu, a scientist, is the founder and CEO of Nexakili, a growing network of African and African-diaspora health professionals and scientists, that aims to facilitate collaborations among members and maximise their resources and collective intelligence to guide the future of health in Africa and around the world.
Yvonne began her academic career studying biology and chemistry in Canada, followed by doctoral studies in immunology in the United States. The Cancer Research Institute then awarded her a fellowship to pursue her postdoctoral training at the Curie Institute in Paris studying the immunotherapy of cancer. Her dynamic personality and African roots triggered her to seek a deeper engagement with the African continent and find a channel to transfer her skills back to her homeland. This motivated the creation of Nexakili – to explore the utilisation of digital technologies in harnessing the skills of African professionals worldwide.
Yvonne is a fellow of the Next Einstein Forum, a biennial recognition of Africa’s best young scientists and technologists. She also sits on French President Emmanuel Macron’s Presidential Council for Africa, a consultative body through which she advises him on issues concerning health, science, innovation, education and diasporas.
A multi-lingual, global citizen, Yvonne is an afro-optimist by nature, and has an unrelenting personal, intellectual and professional commitment to Africa’s emergence, growth and transformation of its global relations.
Bernard Mensah is president of Europe, the Middle East and Africa (EMEA) and co-head of Global Fixed Income, Currencies and Commodities (FICC) Trading at Bank of America Merrill Lynch.
Based in London, Bernard has jointly led the firm’s FICC Trading business globally since 2015, and assumed additional leadership responsibilities as the firm’s regional president in April 2018.
In his role as president of EMEA, Bernard is responsible for the execution and development of the bank’s strategy, business activities and support functions in the EMEA region. These span corporate, commercial and investment banking, treasury services and sales and trading. He is also responsible for ensuring the effective delivery of the broad Bank of America Merrill Lynch franchise to its corporate and institutional clients across the region. Bernard chairs the firm’s EMEA Executive Committee and is a member of the Global Banking and Markets Committee.
Bernard has more than 20 years global trading and investing experience, and serves on the Financial Conduct Authority’s Markets Practitioner Panel. He joined the firm in 2010 from Goldman Sachs in London, where he was a partner and global head of Bank Loan and Distressed Trading, and prior to that ran the bank’s Asia Credit and Convertibles business, based in Hong Kong and Tokyo.
Before joining Goldman Sachs in 2000, Bernard worked as a Fixed Income Trader for Credit Suisse Financial Products in Europe and Asia, and for PricewaterhouseCoopers in audit and corporate finance.
Bernard received his BA in Social Sciences at the Joint School of Philosophy and Economics at the University of Bristol in 1989. He is a qualified chartered accountant and became a member of the Institute of Chartered Accountants England and Wales in 1992. Bernard sits on the Development Committee of the Royal Opera House.
W. Gyude Moore is a visiting fellow at the Center for Global Development. He previously served as Liberia’s Minister of Public Works with oversight over the construction and maintenance of public infrastructure from December 2014 to January 2018.
Prior to that role, Mr Moore served as Deputy Chief of Staff to President Ellen Johnson-Sirleaf and Head of the President’s Delivery Unit (PDU). As Head of the PDU, his team monitored progress and drove delivery of the Public Sector Investment Program of Liberia—a program of over $1 billion in road, power, port infrastructure, and social programs in Liberia after the civil war. As one of the President’s trusted advisors, he also played a crucial role in supporting President Sirleaf as Liberia responded to the West Africa Ebola outbreak and shaped its post-Ebola outlook
At CGD, Mr Moore’s research focus is around financing infrastructure in Africa and the changing landscape of development finance on the continent. His research tracks the channels of private sources of finance, the rise of China and its expanding role in Africa, and Africa’s response to these changes. He currently serves on the Board of Advisors of the Master of Science in Foreign Service Program at Georgetown University. He holds a BS in Political Science from Berea College and an MS in Foreign Service from Georgetown University.
Zemedeneh Negatu is the Ethiopian-American Global Chairman of the American private equity investment firm Fairfax African Fund, LLC, based in Washington D.C. He is widely recognised as one of Africa’s top business leaders and was selected amongst the “Top 10 Most Influental Africans 2018” – By Top-Ten, a global ranking organisation, and “Top 15 CEOs of Africa to Watch in 2015” by the African Business magazine.He has received numerous other global awards including “Pioneer Diaspora Business Person of the Year 2012” in Washington D.C. and was voted “Managing Partner of the Year 2013” by a leading global business publication based in the UK.
Mr Negatu was the founder of Ernst &Young (EY) Ethiopia and had served as its Managing Partner for 18 years. Prior to EY, he was with PwC in the U.S. He regularly provides powerful and influential global thought leadership on finance, economics and investments and has been featured on CNN, BBC, the FT, Bloomberg, Al Jazeera and as a “Power Lunch” guest on CNBC. Furthermore, he has been invited to give speeches and as a panelist at high profile events such as the World Economic Forum (WEF), Harvard Business School, the Milken Global Summit in Los Angeles and Global Business Forum in Dubai.
He serves on numerous boards globally including: the international advisory board of the University of Texas at Dallas, School of Business; advisory board of InvestAfrica, based in London (UK), Belcash, a successful Fintech company based in the Netherlands and as Chairman of the Ethiopian subsidiary of Calzedonia, the multinational Italian clothing manufacturer and retailer.
Mr Negatu has a business degree from Howard University, Washington DC, completed the LSE programme at the Harvard Business School, Boston and is a US CPA.
Nanjala Nyabola is a writer, independent researcher and political analyst currently based in Nairobi, Kenya. Her work focuses on conflict and post conflict transitions, with a focus on refugees and migration, as well as East African politics generally. Her work has appeared in numerous publications including the Financial Times, Foreign Policy, Foreign Affairs, Al Jazeera, World Politics Review, as well as chapters in edited collections. She is the author of Digital Democracy, Analogue Politics: How the Internet Era is Transforming Kenya and the co-editor of Where Women Are: Gender and the 2017 Kenyan Elections.
Peter Piot KCMG
Peter Piot KCMG is the Director of the London School of Hygiene & Tropical Medicine, and a Handa Professor of Global Health. He was the founding Executive Director of UNAIDS and Under Secretary- General of the United Nations (1995-2008).
A clinician and microbiologist by training, he co-discovered the Ebola virus in Zaire in 1976, and subsequently led pioneering research on HIV/AIDS, women’s health and infectious diseases in Africa. He has held academic positions at the Institute of Tropical Medicine, Antwerp; the University of Nairobi; the University of Washington, Seattle; Imperial College London, and the College de France, Paris, and was a Senior Fellow at the Bill & Melinda Gates Foundation. He is a member of the US National Academy of Medicine, the National Academy of Sciences Leopoldina of Germany, the National Academy of Medicine of France, and the Royal Academy of Medicine of his native Belgium, and is a fellow of the UK Academy of Medical Sciences and the Royal College of Physicians.
He is the first Chair of the UK HMG Strategic Coherence of ODA-funded Research (SCOR) Board, a Vice Chair of the Global Health Innovative Technology Fund in Tokyo, and the Chair of the Global Burden of Disease Independent Advisory Committee. He is past president of the International AIDS Society and of the King Baudouin Foundation. In 1995 he was made a baron by King Albert II of Belgium, and in 2016 was awarded a UK honorary knighthood KCMG.
Professor Piot has received numerous awards for his research and service, including the Canada Gairdner Global Health Award (2015), the Robert Koch Gold Medal (2015), the Prince Mahidol Award for Public Health (2014), and the Hideyo Noguchi Africa Prize for Medical Research (2013), the F.Calderone Medal (2003), and was named a 2014 TIME Person of the Year (The Ebola Fighters). He has published over 580 scientific articles and 16 books, including his memoir, No Time to Lose.
Johann Rupert’s first forefather landed in Africa in 1662. Born in Stellenbosch, South Africa, he is an Afrikaner entrepreneur, conservationist and philanthropist. After working and studying in New York, Mr Rupert returned to South Africa and founded Rand Merchant Bank in 1979. In 1985, he was appointed Executive Director of Rembrandt Group Ltd. During 1988, he founded Compagnie Financière Richemont SA. Mr Rupert is the Non-Executive Chairman of Remgro and the Executive Chairman of Richemont.
In 2006, he became Chairman of the Peace Parks Foundation. In 2009, he was elected as the Chancellor of Stellenbosch University. As founder of the Small Business Development Corporation in 1979, he served as Chairman until the end of 2011. He was awarded Honorary Doctorates by the University of Stellenbosch, the Nelson Mandela University and the University of St. Andrews. In 2009, he was appointed “Officier” of the “Ordre National de la Légion d’Honneur” by the French President.
Mr Rupert’s various Foundations support conservation, education, conflict resolution, poverty alleviation, especially job creation, and social upliftment through sport. He was the recipient of the 2018 Appeal of Conscience Award for his humanitarian efforts and generosity that have benefited education, the arts and advanced social justice and conservation of land.
Wandile Sihlobo is chief economist of the Agricultural Business Chamber of South Africa (Agbiz). He is a member of President Ramaphosa’s advisory panel on Land Reform and Agriculture.
Mr Sihlobo is also a member of the Council of Statistics of South Africa (Stats SA). He is a part-time Commissioner at the International Trade Commission of South Africa (ITAC).
Mr Sihlobo is a columnist for Business Day, and Farmers Weekly magazine. He is a member of the South African Agricultural Economics Association, and also an author of the blog, Agricultural Economics Today. He has previously served as an economist at Grain South Africa (Grain SA).
In 2018, Agricultural Writers SA named Mr Sihlobo an Agriculturalist of the Year. Mr Sihlobo holds a Master of Science degree in Agricultural Economics from Stellenbosch University.
Vera Songwe took up her role as the Executive Secretary of the Economic Commission for Africa (ECA) on 3 August 2017 at the level of Under Secretary-General.
She brings to ECA and the position of Executive Secretary, a long-standing track record of providing policy advice on development and a wealth of experience in delivering development results for Africa, as well as a demonstrated strong and clear strategic vision for the continent.
Prior to joining the ECA, she was Regional Director of the International Finance Corporation, covering West and Central Africa. In addition, she continues to serve as a non-resident Senior Fellow at the Brookings Institution’s Africa Growth Initiative. She is also a member of the African Union institutional reform team under the direction of the President of Rwanda, Paul Kagame, and a board member of the African Leadership Network and the Mo Ibrahim Foundation.
Previously, she was Country Director for the World Bank, covering Cape Verde, the Gambia, Guinea-Bissau, Mauritania and Senegal. She was also Adviser to the Managing Director of the World Bank for Africa, Europe and Central and South Asia and a lead Country Sector Coordinator for the organization. She had earlier served as the World Bank’s Senior Economist in the Philippines.
Prior to joining the World Bank, she was a Visiting Researcher at the Federal Reserve Bank of Minnesota and at the University of Southern California.
She holds a PhD in Mathematical Economics from the Center for Operations Research and Econometrics and a Master of Arts in Law and Economics and a Diplôme d’études approfondies in Economic Science and Politics from the Université Catholique de Louvain in Belgium. She has a Bachelor of Arts degree in Economics and Political Science from the University of Michigan and is a graduate of Our Lady of Lourdes College in Cameroon. Ms. Songwe has published widely on development and economic issues.
H.E. Eyob Tekalign Tolina
Dr Eyob Tekalign Tolina is currently a State Minister of Ethiopia’s Ministry of Finance. Previously, he was Minister in charge of Ethiopia's National Planning Commission.
Dr Tolina has spent over eighteen years helping shape Ethiopia’s economic and social development through various responsibilities within leading public, private, supranational, multinational, and academic institutions. Dr Tolina’s diverse background has spanned a variety of roles such as Minister Counsellor at the Embassy of Ethiopia in Washington D.C., advisor to the Ethiopian governors of the IMF and World Bank, and his work for different government agencies including Ministry of Foreign Affairs and Ministry of Trade.
Dr Tolina has managed the Ethiopian Public Private Consultative Forum (EPPCF), the major platform for policy deliberation between the government and the private sector in Ethiopia. He has also worked for a number of regional and international organisations including UNECA, COMESA, UNCTAD, the World Bank Group and the International Finance Corporation (IFC).
Dr Tolina has also consulted for Fortune 500 multinational Dow Chemical and other global companies such as PYXERA Global. Dr Tolina has served as a director at SGI Frontier Capital, an American investment firm focused on the World's Frontier Markets.
Dr Tolina has a master’s degree from the George Washington University in Washington D.C and a PhD from University of Maryland focusing on political economy.
Moderated by (6)
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: former US President Barack Obama, sitting US president Donald Trump, 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 and in February 2018, the Media Society’s annual award for his outstanding contribution to journalism. He serves on the Board of Trustees at the Carnegie Corporation of New York and is Chairman of the Tate.
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.
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) and The Growth Delusion (Bloomsbury, 2018).
John Thornhill was appointed Innovation Editor in February 2016 with a brief to deepen the FT’s coverage of technology and write a regular column on its impact on our economies, societies, and lives. For the previous seven years he was deputy editor and news editor helping to steer the FT’s global news agenda.
Since joining the FT in 1988 as a graduate trainee, Mr Thornhill has also worked as the Europe edition editor, Paris bureau chief, world news editor, Asia editor, Moscow bureau chief, Lex columnist and companies reporter.
Mr Thornhill founded and runs the FT's 125 executive forum, which holds monthly meetings for senior executives from a range of industries. Previous speakers have included Bill Gates, Jack Dorsey, Ana Botin, and Mark Carney. He also hosts FT Tech Tonic, a weekly podcast on the impact of technology
Gideon Rachman became Chief Foreign Affairs Commentator for the Financial Times in 2006. He speaks authoritatively about economics, politics, and globalisation as they apply to Asia, Europe, the Middle East, the Americas and more, and writes a weekly column on international politics as well as feature articles. Mr Rachman joined the FT after a 15-year career at The Economist, which included spells as a foreign correspondent in Brussels, Washington and Bangkok. He also edited The Economist’s business and Asia sections. Mr Rachman’s book, Zero-Sum World, about the future of international relations was published in the UK in 2010. He was named as foreign affairs commentator of the year in the UK Comment Awards for 2010. He is a regular broadcaster for — amongst others — the BBC, CNN and NPR, and also a regular public speaker before both academic and business audiences. Mr Rachman is a graduate of Caius College, Cambridge and has been a visiting fellow at the Woodrow Wilson School at Princeton University.
Anjli Raval is the FT's Senior Energy Correspondent based in London. Prior to joining the commodities team, she spent three years as a reporter and editor in New York. She covered the US consumer sector which included reporting on real estate, retail and hospitality.
She has also been a reporter in the FT's New Delhi bureau and a writer for the beyondbrics and Energy Source blogs. Since joining the FT in 2009 she has been a companies, markets and breaking news reporter and an editor on the comment and analysis desk.
Agenda - 13th Oct
6:30pmWelcome Drinks Reception
Agenda - 14th Oct
8:00amFocus on Commodities
Sub-Saharan Africa boasts several major oil producers, including Nigeria, Angola and the Republic of Congo and a number of emerging gas producers including Mozambique, Tanzania and Ghana. Developing Africa’s energy endowment is key to increasing prosperity and living standards across the continent. Commodity traders have historically played a key role in Africa, helping to finance state-backed oil producers and the fuel that domestic refiners cannot supply. In this panel, industry experts discuss the outlook for energy in Africa, focusing on the challenges and opportunities in this dynamic and fast-changing market.
9:00amOpening Keynote Address
9:30amGeopolitics and Africa
For centuries Africa has been seen as a continent to exploit. Even today, many commentators tend to look at Africa as a battleground on which superpower rivalries – increasingly those of China and the US – are playing out. This year, Donald Trump, the US president, more than doubled the budget of the Overseas Private Investment Corporation to $60bn with an explicit aim of combating what some in Washington describe as China’s “predatory” action on the continent. This panel will examine the true nature of those rivalries and, more importantly, seek to flip the debate. What do African countries want – and what do they not want – from their overseas investors and partners? How are they seeking to forge an international policy on their own terms?
10:10amInterview with a Leading Figure
11:30amScience and Healthcare: Africa's Solutions
The world often fails to acknowledge the important innovations coming out of Africa. African scientists are conducting groundbreaking medical research and more money is being invested in basic research. This panel will look in more detail at some of the science coming out of Africa, including contributions from some of those doing the most inspiring work.
12:10pmCase Study Presentation
1:30pmAfternoon Keynote Address
2:00pmStart-ups and Africa’s digital revolution
Entrepreneurs in Africa have long been aware of the potential of technology, including mobile and AI, to solve numerous problems in the real economy. The tech ecosystems in Nairobi and Lagos are already attracting international capital, but there is a flourishing startup culture all over the continent from Luanda to Cape Town to Cameroon’s Silicon River in Yaounde. The flotation of Jumia this year has brought increased attention to Africa’s digital potential. In short, awareness of the power of technology, as well as its potential pitfalls in terms of loss of privacy and abuse of social media, has never been greater in Africa. The panel will gather practitioners, thinkers and investors to thrash out the issues.
3:30pmFinance & Governance
4:15pmConversation with a Leading Business Figure
5:30pmClosing Keynote Address
6:00pmClose of Summit
Senior level executives from:
- Financial Services
- Basic Resources
- Consumer Goods
- Industrial Goods and Services
- Technology companies
- Consultants, lawyers, accountants and advisors
- Government bodies and non-profit organisations
- H.E. Nana Afuko-Addo, President, Republic of Ghana
- Yemi Osinbajo, Vice President, Federal Republic of Nigeria
- Isabel dos Santos, Chairperson, Sonangol
- Aliko Dangote, President/Chief Executive, Dangote Group
- Tony Blair, Former Prime Minister of Great Britain and Northern Ireland
- Dr Mo Ibrahim, Founder and Chair, Mo Ibrahim Foundation
- Tutu Agyare, Managing Partner, Nubuke Investments LLP
- Bibi Bakare-Yusuf, Co-Founder and Publishing Director, Cassava Republic Press
- Mobolaji Balogun, Chief Executive Officer, Chapel Hill Denham
- Pierre Barbe, Head of Africa, Vitol
- Herman Chinery-Hesse, Chairman, TheSOFTtribe Ltd
Presented by (1)
The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. The FT has a record paying readership of one million, three-quarters of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.
Platinum Sponsor (1)
At Bank of America Merrill Lynch, we are committed to doing what’s right for our clients, investing in communities, and strengthening economies. We operate in over 200 territories and 140 currencies, serving companies and institutions.
We develop actionable insights, based on our deep experience, in-depth research and broad perspective. Beyond ideas, we partner with our clients to deliver powerful solutions. We offer a full range of banking, investment management and risk management products and services that help clients thrive in a changing world.
From local communities to global markets, we are dedicated to shaping the future responsibly.
Gold Sponsor (1)
Corteva Agriscience™, the agriculture division of DowDuPont™, is the only major agriscience company completely dedicated to agriculture. By combining the strengths of DuPont Pioneer, DuPont Crop Protection and Dow AgroSciences, we’ve harnessed agriculture’s brightest minds and expertise gained over two centuries of scientific achievement.
Silver Sponsors (2)
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors’ interests come first, markets function at their best, and economies grow. There are more than 163,000 CFA charterholders worldwide in 163 countries and regions. CFA Institute has nine offices worldwide and there are 158 local member societies.
The Luxury Network is the leading affinity marketing group for luxury brands and high-end service providers, with 36
offices across Europe, the Middle East, Africa, Australia, America and Asia.
We have worked with the most prestigious brands such as Bulgari, Rolls Royce, Bang & Olufsen, Ferrari, Porsche, Ralph
Lauren, Sunseeker Yachts, Bombardier Jets, Lamborghini, Cartier, Aston Martin, Jaguar, Tiffany & Co., Land Rover, Barclays Wealth, Kempinski Hotels and many more.
Our core objective is to find synergies and to identify cross-sector business development opportunities between luxury
brands, with the view to promoting and supporting strategic alliances, mutual collaboration, and increased access to high
net worth private clients.
There can be no conversation about Africa without Nigeria - the continent’s biggest economy. At least one in every four
African, is a Nigerian. The Luxury Network Nigeria is therefore delighted to begin a new conversation about Luxury In
Nigeria (LuxIN) with the FT on a global stage. We aim to redefine, and raise the profile and perception of Nigeria within the luxury industry, by providing a platform for discussion, strategic partnerships and collaborative business models, tailored to a new narrative about Nigeria.
Bronze Sponsor (1)
Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials, including oil and refined products and metals and minerals, to clients around the world. The trading business is supported by industrial and financial assets, including 49.3 percent owned global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; and Galena Asset Management.
The Company is owned by around 700 of its 4,300 employees who work in 66 offices in 38 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD180.7 billion in 2018. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade.
Supporting Partners (1)
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.