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UNLOCKING INVESTMENT OPPORTUNITIES IN THE AFRICAN CONTINENT

We help you identify the most profitable sectors with high returns on investment.

GET ACCESS TO AFRICAN MARKETS

With a growing population of over 1.7 billion by 2030 coupled with free trade zones under the AFCFTA Africa's economic future is buoyant.

HIGH GROWTH SECTORS

The continent's potential to become major participant in global supply chain across diverse sectors can not be ignored.

EASE OF DOING BUSINESS

With a high demand for the advancement of Industrialization and Technology, African governments have made the ease of Doing Business a priority and prerequisite for attracting FDIs.

FASTEST GROWING ECONOMY GLOBALLY

Africa is set to outperform the rest of the world in economic growth over the next five years, with real gross domestic product (GDP) averaging around 4% in 2023 and 2024.

AEDA Vision 2030

AEDA VISION 2030

The African Economic development agency(AEDA) to focus on 3 axes in what it calls its 3-Year African Development Plan: The new development plan will focus on three cornerstone axes: Air Mobility in Africa, One African Market, and Agricultural Growth. Together, these pillars reflect AEDA's commitment to driving sustainable development and strengthening Africa's socio-economic resilience. These pillars are designed to accelerate regional integration, unlock economic potential, and position Africa as a competitive global player.

1. Air Mobility in Africa

AEDA aims to support initiatives that improve air connectivity across the continent. Enhanced mobility will reduce travel time, expand trade routes, strengthen tourism, and promote business opportunities between African nations. The goal is to help unlock Africa's vast geography through modern, efficient, and accessible aviation infrastructure.

2. One African Market

In alignment with the African Continental Free Trade Area (AfCFTA), AEDA seeks to champion a fully integrated single African market. This includes facilitating cross-border trade, harmonizing regulations, and supporting policies that make it easier for African businesses to operate seamlessly across the continent.

3. Agricultural Growth

AEDA will prioritize innovation, investment, and modernization in Africa's agricultural sector. This axis aims to transform Africa from a raw-material exporter into a global powerhouse of agro-processing, food security, and value-added production.

ABOUT US

Accelerating Growth and Economic Development in the Continent, driving Foreign Direct Investment into Africa.

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Supporting long-term growth of Small and Medium Size Enterprises in the private sector especially is crucial to developing economies globally.

As the world becomes a global village, it is imperative that businesses leverage on globalization to expand and gain larger market share across territories.

“Time has never been perfect to Invest in Africa...the fastest-growing economy.”

DR. RUTH TEMBE

CEO & Founder of AEDA

The African Economic Development Week

YAOUNDE, 24TH – 27TH JULY 2024

GENERAL OVERVIEW

According to the World Bank, Sub-Saharan Africa's economic growth dropped to 3.6% in 2022 from 4.1% in 2021 and is expected to dip to 3.1% in 2023. Global economic sluggishness, lingering inflation, and tough financial conditions with high debt contribute to this decline. In a bid therefore to accelerate socio-economic development in the African continent, the African Economic Development Agency in conjunction with the Cameroon Government is pleased to organize the first AFRICAN ECONOMIC DEVELOPMENT WEEK which will run from the 24th to the 27th of July 2024 in Yaoundé, Cameroon, under the theme: Restoring, Reforming and Ensuring Resilient Economic Policies for Shared Prosperity. The 3-day event which will bring together International and African economic experts, thought Leaders and Business Leaders will have the following lineup of activities.

Activities

  • THE AFRICAN TRADE & INVESTMENT FORUM
  • THE AFRICAN BUSINESS EXCELLENCE AWARDS
  • THE AFRICAN WOMEN ECONOMIC & LEADERSHIP FORUM & AWARDS
  • YOUNG ENTREPRENEURS FORUM

Most preferred Investment Destination

Africa Investment Map

Business Spending to reach $3.5 trillion by 2025

High Demand For Goods & Services

Intra-African Trade is Projected to increase by 81%

Consumer and business spending projected to reach $6.7 trillion by 2030

Exports to non-African countries to rise by 19%

Increasing Population Growth

Legend

Oil
Food / Drink
Metals / Minerals
Precious Metals / Minerals
Wood Products
Textile / Apparel
Machinery / Transportation
Electronics Related
Other

Source: CIA Factbook, Source: McKinsey GlobalPulse

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