The President of the Africa Chief Executive Club, Fatoumatta Gaye, has emphasized the importance of collaboration among African investors to drive impactful development across the continent. Speaking at an event in Abuja, Gaye stressed that cross-border business partnerships are crucial for creating a safer, stronger, and more connected African business environment.
The event was part of efforts to boost the implementation of the African Continental Free Trade Area (AfCFTA), a key initiative aimed at promoting economic integration and cooperation among African countries. According to Gaye, alliances among African nations would pave the way for entrepreneurs to thrive, women to lead with confidence, and youth to access opportunities beyond their national borders.
Gaye noted that true transformation can only be achieved when leadership, collaboration, and vision come together, and when public and private institutions work in tandem to drive progress. By fostering partnerships and collaborations, African investors can create new pathways for growth, innovation, and development, ultimately contributing to the continent’s economic prosperity.
The AfCFTA, which came into effect in 2021, aims to create a single, unified market for African countries, promoting free trade and economic cooperation. The agreement has the potential to increase trade among African countries, boost economic growth, and attract foreign investment. However, its successful implementation requires the active participation and collaboration of African investors, businesses, and governments.
Gaye’s call for collaboration among African investors highlights the need for a collective effort to drive economic development and integration across the continent. By working together, African countries can leverage their collective strengths, address common challenges, and create a more favorable business environment. As the continent continues to navigate the complexities of economic development, the importance of collaboration and partnership among African investors cannot be overstated.