Former Deputy Governor Of CBN Newly Appointed Chairman Of Advisory And Executive Boards Of Africa Private Sector Summit.

By Sogeyinbo Abdulrahmon Olabanji (SIWES student, Gate Way ICT Polytechnic)

Former Deputy Governor of the Central Bank of Nigeria, Professor Kingsley Moghalu, newly appointed Chairman of the Advisory and Executive Boards of the Africa Private Sector Summit (APSS), is set to deliver the keynote address at the Joint African Continental Free Trade Agreement (AfCFTA) Private Sector Session during the 2023 Intra-African Trade Fair in Cairo, Egypt.

The event, hosted by the African Export-Import Bank (Afreximbank) from November 9-15, 2023, will focus on the Private Sector Bill of Rights (PSBoR) for an Enabling Business Environment in Africa, proposed by the Africa Private Sector Summit.

The AfCFTA, when fully implemented, is projected to increase intra-African trade by 52%, lift 30 million people out of poverty, and boost the continent’s GDP by USD 450 billion by 2035.

The APSS is engaging with African leaders and governments to establish a set of 24 rights for the private sector in the proposed Private Sector Bill of Rights, aiming to foster a favorable environment for intra-African trade and investment.

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