Gabby Asare Otchere-Darko, the Founder and Executive Chairman of the Africa Prosperity Network (APN), recently emphasized the pivotal role of infrastructure investment in driving Africa’s prosperity. Speaking at the official launch of the third edition of the Africa Prosperity Dialogues (APD) in Accra, Otchere-Darko underscored the importance of making strategic decisions to unlock Africa’s socio-economic growth potential.
“Investing in infrastructure now is crucial for unleashing Africa’s potential,” remarked Otchere-Darko, envisioning the continent’s trajectory over the next two decades if such decisions are made wisely. Despite Africa’s vast potential, its infrastructure deficit remains a significant obstacle, hindering its ability to compete globally and fully capitalize on its resources.
Otchere-Darko emphasized that the success of initiatives like the African Continental Free Trade Area (AfCFTA) depends heavily on key enablers such as energy, water, research and development, ICT, transport and logistics, and the digital economy. Without adequate infrastructure in these areas, Africa’s ability to fully leverage the benefits of regional trade and economic integration will be limited.
Looking ahead, the upcoming 2025 edition of the APD will be co-organized by the Africa Prosperity Network (APN) in collaboration with the African Continental Free Trade Area (AfCFTA) Secretariat and the Office of the President. This event serves as a dedicated platform for Africa’s private sector to convene, network, and make critical decisions aimed at accelerating the continent’s development.
Held annually in Accra, the APD uniquely brings together African leaders from various sectors to drive the implementation of initiatives within the AfCFTA trade bloc and shape actionable agendas for Africa’s economic integration. The event focuses on addressing the continent’s key challenges, advancing industrialization priorities, and catalyzing commercial and infrastructural interventions to realize the vision of an Africa Beyond Aid.
In conclusion, Otchere-Darko’s insights highlight the urgent need for increased infrastructure investment in Africa to unlock its full potential and drive sustainable prosperity for its people.
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