Hogan Lovells, in partnership with African Business, is delighted to invite you to the fourth webinar in our Business Leaders Series taking place on Thursday, 11 November 2021 at 11:00 CEST.
Focus on Southern Africa
Southern Africa was the region that was hardest hit by the pandemic, with an economic contraction of 7.0% in 2020. However, it is projected to grow by 3.2% in 2021 and 2.4% in 2022.
The service sector, which accounts for over 50% of the GDP of most of the regional economies, is expected to be negatively impacted by the pandemic, worsened by travel bans, as well as disruption to transport, distribution, hotels and restaurants, entertainment, retail and trade.
However, as lockdowns across the region ease and both consumer and business spending increases, Southern Africa will experience a strong bounce-back in the years to come.
With the re-start of air travel, the tourism and hospitality industry in the sub-region will recover, and with the implementation of the AfCFTA, cross-border trade will rapidly increase, benefiting businesses and governments alike.
Join us on Thursday, 11 November, as the Business Leaders Series turns its focus to Southern Africa.
The Business Leaders Series provides a networking platform for professionals, policy-makers and investors to share experiences, get updated on the latest industry trends and build relationships for the future. The Southern Africa webinar will deep-dive into the industries driving growth across the sub-region and invite the business community and investors to participate in a dynamic discussion and debate on the future of business in Southern Africa.
Please register here.