Africa

Capitalism for everyone: MCB join forces with the AFRICA CEO FORUM to rethink the role of Africa’s private sector

17 Jan 2020

The eighth edition of the AFRICA CEO FORUM 2020, the largest international gathering of the African private sector will be held on 9th and 10th March 2020 in Abidjan, Côte d’Ivoire.

For two days, the AFRICA CEO FORUM 2020 will drive public-private dialogue forward by providing a platform where economic leaders and public-sector representatives can discuss key sectoral challenges, as well as stimulate, as it does year after year, significant transactions in favour of the regional and pan-African growth of the private sector and the development of the continent in general. 
 
Growing inequality, the advent of climate risk, technological revolutions and resurgent protectionism: at a time when these four major disruptions are turning the global private sector upside down and pointing to capitalism’s fundamental transformation worldwide, the leaders of Africa’s economy and largest companies have been slow to participate in the topical discussion surrounding “capitalism and the common good”.
 
“Convinced that the world’s major companies must – and can – bring about a paradigm shift, MCB is proud to participate in the AFRICA CEO FORUM’s initiative to create a new movement promoting common-good capitalism. Painting a new horizon for the African private sector is a strategic priority at a time when the inequality gap continues to widen, imbalances remain significant and environmental risk grows”, commented Alain Law Min, CEO of MCB Ltd. 

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