African Economic Conference 2010: An Action Plan for Africa

12/07/2010
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The next edition of African Economic Conference (AEC), which will take place from 27 to 29 October 2010 in Tunis, will focus on long-term continental economic growth in the aftermath of the financial and economic crisis.

"Although we can now say that Africa is emerging from the economic and financial crisis, the pressing challenges facing the continent remain. Every year, the AEC brings together key development actors, politicians and researchers. This year's goal will be to produce an action plan to permanently place the continent on a sustainable development path" said Audrey Chouchane, Principal Economist at the African Development Bank (AfDB) and member of the conference’s organizing committee.

The themes identified in the preliminary conference program cover the major sectors affected by the crisis, including trade finance, the private sector and the financial sector. The aim is not only to better analyze the impact of the crisis, but also to draw lessons, in order to pave the way for sustained growth and development.

The conference will wrap up with a discussion on Africa’s development prospects, and economic policies to be emphasized.

This year’s AEC has introduced two plenary sessions and an interactive roundtable, where a prominent journalist will facilitate interaction with panelists and participants on a specific theme. Furthermore, to improve the quality of parallel sessions, all the papers presented will be reviewed by peers, thereby increasing their research quality. This will promote a more rapid publication of the proceedings of the conference and the special edition of the African Development Journal thereafter.

Building on previous successes, the AEC, organized jointly by AfDB and the United Nations Economic Commission for Africa (UNECA), will expand its outreach this year with a new partner, the United Nations Development Programme (UNDP).

The Director General of the World Trade Organization (WTO), Pascal Lamy, has been identified as the keynote speaker at the opening session. The event is expected to attract over 300 participants, academics, researchers, development partners, politicians, and financiers, as well as many African central bank governors.

During this 5th Edition of the AEC, the AfDB will also launch it’s new publication entitled “China as a development partner: Myth or Reality?”. Other side events will also take place during the conference.