The 20th World Economic Forum on Africa concluded in Dar es Salaam today. Thirteen African heads of state/government participated together with more than 1,000 participants from 85 countries. Rethinking Africa’s Growth Strategy was the theme of the meeting.

Despite Africa’s huge potential, it suffers from lack of integration in the global economy. “If there is any predicament to African development, it is this state of affairs,” said Jakaya M. Kikwete, President of Tanzania. “[It is time] to move Africa from the periphery to the centre of the global economy.”

President Kikwete reminded participants at the closing plenary that the smallest share of global exports comes from Africa – just 3.5%. Just a trickle of global foreign direct investment (FDI) goes to Africa at 0.96% and the continent is not integrated into international financial markets. “Africa remains predominantly a primary producer and importer for industrial use. We produce what we don’t consume and we consume what we don’t produce,” he said. “This cannot continue.”


To end the continent’s marginalization, Africans must believe in themselves and “be the change they want to see” was a message that resonated across the Forum’s sessions and private meetings. Jacob Zuma, President of South Africa, noted that the upcoming World Cup 2010 will show the world that Africa is ready to do anything. “There were a lot of doubts and scepticism. But people who come to Africa will see that we are not just bushes and mountains. They will see how Africa is ready to do anything that can be done anywhere else in the world.” Watch the full closing plenary session below.