African states unveil strategy to position continent as global economic growth and investment hub by 2063

African countries are stepping up efforts to position the continent as one of the future centres of global economic growth, with diplomats, development institutions and policymakers outlining a new long-term strategy focused on investment, infrastructure and regional integration, reports
The Diplomatic Society, a partner of TV BRICS.

The initiative was discussed during a high-level meeting at Egypt House in Pretoria ahead of the upcoming Alamein Africa Forum, which will take place in Egypt in June alongside the African Union Mid-Year Summit. The meeting was convened by Ambassador of Egypt Ahmad Sharief and brought together ambassadors, senior diplomats, representatives of African development institutions, policymakers and economic experts from across the continent.

According to the source, Africa is seeking to move from political declarations to practical implementation by accelerating cross-border projects, improving transport and digital connectivity, and strengthening cooperation between governments, financial institutions and research organisations.

Officials noted that many African economies are already demonstrating stable growth, supported by expanding infrastructure networks and increasing digital transformation.

During the meeting, particular attention was paid to Africa’s young population, which experts described as one of the continent’s main strategic advantages. Representatives stressed that growing investment in education, innovation and technology could strengthen Africa’s position in the global economy over the coming decades.

Delegates also highlighted the need to expand African-led financing mechanisms capable of supporting infrastructure, sustainable agriculture, industrial development and energy projects without excessive dependence on external systems.

Egypt’s role as a transport and logistics link between Africa, Eurasia and the Global South was identified as an important factor in strengthening international trade routes and investment flows.

The future forum in Egypt is expected to become a platform for coordinating development priorities between African countries and international partners. Discussions are likely to focus on green infrastructure, industrial modernisation, digital technologies, food security and sustainable urban development.

 

 

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