Breakout 3
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Saturday
|
3:45 pm
Aldrich 112
Ecosystem Development

Cultivating a Sports Ecosystem in Africa

Africa is increasingly emerging as a dynamic player in the global sports arena. In recent years, African athletes have gained international recognition, and African sports federations have shown significant promise. This panel aims will delve into the challenges and opportunities within the African sports ecosystem, shedding light on unleashing talent, institutionalizing the appropriate infrastructure through smart investments and the path towards sports globalization. This panel will present viewpoints from across the sports ecosystem in Africa, including investors, operators, and former athletes.

Cultivating a Sports Ecosystem in Africa

Africa is increasingly emerging as a dynamic player in the global sports arena. In recent years, African athletes have gained international recognition, and African sports federations have shown significant promise. This panel aims will delve into the challenges and opportunities within the African sports ecosystem, shedding light on unleashing talent, institutionalizing the appropriate infrastructure through smart investments and the path towards sports globalization. This panel will present viewpoints from across the sports ecosystem in Africa, including investors, operators, and former athletes.

America/New_York
Feb 17, 2024 3:45 PM
Aldrich 112

Other Sessions

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Breakout 2
Saturday
|
11:25 am
Aldrich 109
Scaling African Startups: From 0 to 100 and Beyond
How can African startups access capital, talent, and mentorship to fuel sustainable growth
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Scaling African Startups: From 0 to 100 and Beyond

In the past decade, the African continent has experienced a remarkable surge in startup activity, as many enterprising individuals have set their sights on solving local challenges through innovative solutions. However, this momentum has been met with a challenging year, where several startups have been forced to either shut down or significantly downsize to weather the current storm. This panel will focus on how African startups can scale from 0 to 1 and from 1 to 100 and how they can access capital, talent, and mentorship to fuel sustainable growth.

America/New_York
Feb 17, 2024 11:25 AM
Aldrich 109
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Lunches
Saturday
|
12:25 pm
Aldrich 008
Sponsor Informational Lunch: Tlcom Capital
Sponsor informational lunch
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Sponsor Informational Lunch: Tlcom Capital

The sponsor informational lunch will include a company presentation and the opportunity to connect with some of the company's executives.

America/New_York
Feb 17, 2024 12:25 PM
Aldrich 008
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Keynotes
Friday
|
3:30 pm
Klarman Hall
Undoing the African Debt Trap
What role does the public and private sector play in undoing sovereign debt traps in Africa
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Undoing the African Debt Trap

In 2022, public debt in Africa reached USD 1.8 trillion. While this is a fraction of the overall outstanding debt of developing countries, Africa’s sovereign debt has increased by 183% since 2010, a rate roughly four times higher than its growth rate of GDP in dollar terms. Today, 60% of African countries spend more on repaying their debts than on healthcare, a trend that has been exacerbated by the COVID-19 pandemic, the war on Ukraine and the overall economic slowdown in the past few years. While international organizations have stepped in to support (for example, the G20 assisted 31 out of 36 eligible African countries with its Debt Service Suspension Initiative (DSSI)), the question remains: Why has Africa not been able to break out of this debt trap? And what role does the public and private sector play in moving past this dynamic?

America/New_York
Feb 16, 2024 3:30 PM
Klarman Hall