Special Address from Patrick Achi

Africa’s in-vogue right now, right? So why are so many people leaving? Are people actually moving back? Isn’t the party over? Join Movemeback for the “To move or not to move” workshop as they share everything you need to know about the realities of “moving back”.With a community approaching 100,000 in 170 countries and activities across almost all African countries the Movemeback Team will bring together a decade of learnings and real perspectives from real people. Whether you’re a budding entrepreneur, business executive, investor or homemaker, you’ll hear from those who have made the move and made it work; others who have gone and returned and those who have found a way to do it all from afar. The team will also share deep insights, case studies and frameworks for success, and provide you with a platform to ask anything you’ve ever wanted to about engaging with the Continent. Movemeback is a platform, a community, a culture, and a movement launched almost ten years ago, with a mission to enable the brightest and most resourceful minds across theworld to fulfil their purpose and work on building the future in Africa, without forgoing theirpersonal aspirations and dreams. In spite of a few bumpy years, the movement is still alive,the opportunity greater and more touchable than ever and yet there is plenty still to be done,including many first remaining to be written.China can see it, Russia can see it, as can Europe and the Middle East; even ChatGPT isbriefed - but how about you? Join us to learn, contribute and start a journey of figuring out orrefreshing your own place in the movement.

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?

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

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