Who will represent Africa at the World Economic Forum?

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NAIROBI, Kenya -  Dr Samia SuluhuHassan – president of the United Republic of Tanzania and Félix Tshisekedi – president of the Democratic Republic of the Congo will represent the African continent at the 53rd annual meeting of the World Economic Forum (WEF) kicked on Monday in the Switzerland town of Davos.

On Sunday, South African President Cyril Ramaphosa’s spokesperson announced that the leader would not be attending the event due to an ongoing energy crisis in the country.

The meeting themed "Cooperation in a Fragmented World," will bring together more than 2,700 leaders from 130 countries, including 52 heads of state and government, who will be attending the event in the alpine resort town.

German Chancellor Olaf Scholz is the only G7 leader scheduled to attend the event.

This year’s summit will also see the highest-ever business participation at Davos, with more than 370 public figures from governments and international organizations, and more than 1,500 business leaders and 90 innovators.

The WEF meeting will also see the attendance of 56 finance ministers, 19 central bank heads, 30 trade ministers, and 35 foreign ministers.

‘Where is globalization going ‘ is the biggest question that the Davos forum will be focusing on as the traumas of COVID-19 and the ongoing Russia-Ukraine war have convinced some that the imminent era of globalization is coming to an end.

As per the financial experts' view, the conference is set to assess systemic disruptions and continue its advocacy for globalization.

Tanzania is the only country within the East Africa region to have hosted the World Economic Forum.

They play host state during the 2010 World Economic Forum on Africa in Dar es Salaam which took place from 5 to 7 May. This was in line with the 20th anniversary of the World Economic Forum on Africa.

The event that brings together leaders from government, business, and civil society to address the state of the world and discuss priorities for the year ahead was established in 1971 by the German economist Klaus Schwab. It was originally known as the European Management Forum, until a name change in 1987.

GAROWE ONLINE

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