High Level Seminar 1: Opportunity and Challenges of the Global Financial Crisis
- Date: Tuesday, 29 May 2012
- Venue: Arusha International Conference Center
- Time: 08:45 a.m. – 10:15 a.m.
- Moderator: Dr. Caleb Fundanga, President, Institute for Finance & Economics, Zambia
- Hon. Tendai Biti, Minister of Finance, Zimbabwe
- Prof. Benno Ndulu, Governor, Central Bank of Tanzania
- Mr. Jean-Louis Ekra, President, African Export-Import Bank
- Dr. John Page, Senior Fellow, Global Economy & Development, The Brookings Institute
- Prof. Ngaire Woods, The Blavatnik School of Government, UK
- Mr. Sim Tshabalala, Managing Director, Standard Bank of South Africa
About the same topic
- 11/05/2012 - The Africa Economy Should become a Transformation Economy
- 29/11/2011 - First edition of Emerging Issues Series focuses on how Africa is coping with global uncertainty
- 21/10/2011 - Africa is ‘Land of Opportunity’ and Can Help World Return to Growth – AfDB President, Donald Kaberuka, says at G20 in Paris
Growing financial and economic difficulties in the United States, and more recently, uncertainty around Europe’s common currency have led to a reordering of the industrialized world’s priorities for international development and official development assistance (ODA). Of note is China’s growing engagement in Africa, built around an integrated package of aid, trade and investment. It is therefore commendable that economic growth in the post-crisis period in Africa, in addition to ODA, has additionally been financed by a mix of revenues from commodity booms; higher revenues from natural resources; intra-African trade; and the growth of the manufacturing and service economies such as call centres.