Government Officials Navigate Africa's US $2 Trillion Economy at Totally Concrete Expo
Government Officials Navigate Africa’s US $2 Trillion Economy at Totally Concrete ExpoAfrican governments are taking steps to ease the cost of doing business on the continent as global demand for African commodities continues to drive infrastructure development.
Across the continent, governments scramble to supply the support and investment needed for businesses to grow, with particular emphasis on the mining and construction industries. Today, both the mining and the construction industries are at the forefront of this growth in Africa, the former providing valuable natural resources and the latter providing the infrastructure required for extraction, processing and moving significant volumes to market.
And doing business in Africa gets even easier in 2014. From Lagos to Dar es Salaam to Johannesburg, public works and housing officials, large contractors, investors, engineering experts and internationally renowned architects are convening at the Totally Concrete Expo held at the Sandton Convention Centre in Johannesburg, South Africa from 26 to 28 May 2014 to attend the exclusive Navigating Africa seminar.
Africa's population is projected to grow to 2 billion by 2050, making Africa home to the world's largest workforce. With an economy estimated at US $2 trillion, about a third of Africa's 54 countries enjoy annual GDP growth of more than 6%. Oil discoveries have boosted GDP in Nigeria and Uganda, abundant mineral reserves continue to be discovered, and 60% of the world's uncultivated arable land is still located in Africa.
To match the commodities drive, the creation of more competitive regulatory environments aims to improve investor confidence. Just last year Senegal launched a vast programme of reforms to create a more competitive business environment and enable private sector participation in the nation's economic development. As the world gears up to take advantage of the opportunities presented by Africa's high growth markets, Totally Concrete introduces the Navigating Africa seminar to bring together Africa's leading visionaries and construction industry magnates and map out the promise of the future.
"Totally Concrete represents hard work and high motivation that is building international professional bridges across the African continent and beyond," says Professor Danladi Slim Matawal, Director General and CEO of the Nigerian Building and Road Research Institute (NBBRI). Eng. Saliu Lawal, National Chairman of the Nigeria Institute of Civil Engineers (NICE), HE Vincent Karega, High Commissioner of the Embassy of Rwanda in South Africa and Eng. Daniel Manduku, CEO of Kenya's National Construction Authority, are amidst the government officials who will be there to facilitate access to construction business opportunities in their respective countries.
The Navigating Africa seminar headlines internationally renowned African economists including Lullu Krugel, Senior Economist at KPMG South Africa and Nicky Weimar, Senior Economist at Nedbank Group, South Africa. Experts such as visionaries Daniel Silke and Chris Hart, Chief Strategist of Investment Solutions, prepare the concrete and construction industries for the Africa of tomorrow by unpacking the opportunities provided by growth and demographics on Africa's road to prosperity.
Endorsed by over 60 industry associations and sponsored by PPC, Lafarge, AfriSam, CCS, PMSA, Reimer, WBHO and Nyeleti Consulting, Totally Concrete is the only all things cement, concrete and construction event in Africa that facilitates doing construction business and grants access to the people and solutions needed to succeed in Africa's lucrative growth markets.