The Africa Outlook 2023 - Helsinki
THURSDAY, 16 FEBRUARY 2023
09:00 11:00
DLA PIPER 23 Fabianinkatu, Helsinki, Finland
NABA’s annual assessment of the key trends that will shape business, policy, and economy across Africa is back. Join experts for insight into the defining issues of the next 12 months.
NABA will host a series of events for the Africa Outlook 2023 in the Nordic capitals throughout February, starting in Oslo on February 02, then Helsinki on February 16, Stockholm on February 21, and Copenhagen on February 23.
AFRICA EXPERT BREAKFAST: EGYPT’S STABILISATION EFFORTS TO BEAR FRUIT IN 2023
7th of February 2023
Start at 08:30
The Hague, The Netherlands
Africa is the fastest growing region in the world with a continuously changing economic, political, and social landscape. Staying on top of the latest developments and what they mean for your business can become tedious, especially with an already tight schedule. The Africa Expert Breakfast brings together seasoned CEOs, Founders, and Directors for a 90-minute round table discussion providing high-profile insights and fresh market perspectives saving you time and resources.
Briefing with Norway’s Ambassador to Nigeria
MONDAY, 6 FEBRUARY 2023
13:00 14:00
Online
Ahead of general elections on February 23 to elect a new President and Vice President, as well as members of the Senate and House of Representatives, NABA will host a briefing with H.E. Knut Lein, Norway’s Ambassador to Nigeria.
Rethinking Healthcare in Africa: Unlocking Economic Growth
Thursday, 2 February 2023
08:30 10:30
TBC
Dubai, Dubai United Arab Emirates
Africa faces the heaviest burden of endemic diseases in the world; with just over 15% of the global population, the continent accounts for 50% of maternal deaths and 67% of HIV/AID cases. Out-of-pocket health spending in Africa remains excessively high compared to other continents, illustrating that the need to finance the continent’s healthcare systems was pressing well before COVID-19 took hold. Nevertheless, the pandemic exposed underlying systematic weaknesses inherent in the healthcare sector on the continent, emphasising the urgent need to develop core strength in healthcare across the entire value chain to ensure that these systems can become more accessible, sustainable, and resilient.
The Africa Outlook 2023 - Oslo
THURSDAY, 2 FEBRUARY 2023 09:00 12:00
NHO 27 Middelthuns gate, Oslo, Norway
NABA’s annual assessment of the key trends that will shape business, policy, and economy across Africa is back. Join experts for insight into the defining issues of the next 12 months.
NABA will host a series of events for the Africa Outlook 2023 in the Nordic capitals throughout February, starting in Oslo on February 02, then Helsinki on February 16, Stockholm on February 21, and Copenhagen on February 23.
South Africa Ambassador briefing
THURSDAY, 26 JANUARY 2023 10:00 11:00
Online
Join Norway’s Ambassador to South Africa, H.E. Gjermund Saether, for a briefing on the key trends and issues shaping the business, policy, and economy landscape in one of Africa’s most important economies.
East Africa Outlook
Wednesday, 1 February 2023 12:00 13:00
Online
Spearheaded by the increased strength of Kenya, Tanzania, and Rwanda’s national economies, East Africa has become the fastest growing region of the continent in recent years. However, the impact of the COVID-19 pandemic coupled with the Russian invasion of Ukraine has derailed the region’s growth trajectory. Rising food prices have become a key area of concern regarding food security, especially as the region is grappling with drought. An estimated 55 million people in East Africa are expected to be food insecure, up from 42 million in 2021 (World Bank, 2022).
Nevertheless, the agriculture, construction, and energy sectors in East Africa offer the potential to yield inclusive growth. The rise in global oil prices has resulted in greater interest in Africa’s gas reserves as sources of energy alternatives; the liquified natural gas project in Tanzania has sparked renewed investor interest. Equally, Kenya’s underdeveloped mining sector is experiencing growth from 10.9% of GDP in 2021 to 22.6% in 2022.
Southern Africa Outlook
Thursday, 26 January 2023 12:00 13:00
Online
Southern Africa was the hardest hit sub-region during the COVID-19 pandemic causing regional GDP growth to contract significantly. Thus, these diverse economies are entering 2023 at various stages of economic recovery and development. A central theme for this year will be how countries in the sub-region can become less reliant on fossil fuels and investment opportunities in the renewable energy sector.
South Africa is the largest emitter of greenhouse gas annually owing to its substantial coal industry but will be performing an increasingly delicate balancing act between transitioning to a green economy while trying to ensure job security for those working with fossil fuels. This shift has the potential to achieve decarbonisation commitments at a quicker pace while promoting sustainable development. Increased investments in enabling infrastructure, particularly in Namibia’s high-profile green hydrogen projects, is set to support economic diversification as the Government pursues its plans to boost value-added processing and achieve export-driven growth. Equally significant is the discovery of liquified natural gas (LNG) in Mozambique. While LNG has been identified as the “cleanest” fossil fuel it is one, nevertheless.
North Africa Outlook
Tuesday, 24 January 2023 12:00 13:00
Online
The theme across the African continent for national economies in 2023 is uncertainty. North Africa’s regional growth is forecast to slowdown in terms of real GDP growth, from an average of 4.2% in 2022 to 3.8% in 2023. The course of the Russia-Ukraine conflict remains highly unpredictable, resulting in unstable inflation rates consequently pushing up food and fuel prices for large sections of societies across North Africa. Economic recovery will be uneven as oil and gas producers in the region such as Algeria and Egypt have the potential to benefit from elevated energy prices and an international mood to wean Europe off Russian hydrocarbon exports, placing a sharper focus on Africa. Despite being the 3rd largest natural gas supplier to Europe, Algeria lacks the infrastructure to meet its own domestic and Europe’s rising demand. Yet this is also an area that could benefit from Algeria’s new investment laws passed in July 2022 that aims to stimulate the development of the country’s natural resources, technology transfer, job creation, and export capacity.
West Africa Outlook
Wednesday, 18 January 2023 12:00 13:00
Online
West Africa will be striving for economic growth against the backdrop of a major pair of twin shocks: the lingering COVID-19 pandemic and the Russia-Ukraine conflict. While GDP is set to decline by 1.2% in Burkina Faso, Mali, Cote d’Ivoire, and Senegal, Niger’s GDP is forecast to increase (AfDB,2022). As most West African countries are import dependent, the soaring inflation rates both within the sub-region and globally, will undoubtedly lead to higher import bills and thus risk eclipsing the level of exports (WADO,2022). The challenge for the Economic Community of West African States (ECOWAS), which forms the financial backbone of the sub-region, will be to try to contain inflation rates low without supressing inclusive growth.