Event – Business Leaders Series: East Africa
Location – Webinar
Date – Wednesday, 16 June 2021 | 12.00 – 15.00 (Nairobi/Addis Ababa)
Organiser – Hogan Lovells
African economies are expected to rebound in 2021. According to the African Development Bank, real GDP on the continent is projected to grow by 3.4% after shrinking by 2.1% last year, a recovery driven by the effective deployment of therapeutics and vaccines, continued implementation of the Africa Continental Free Trade Agreement (AfCFTA) and increased private sector investment and participation in the economy.
Against this backdrop, Hogan Lovells is organising a series of regional dialogues to explore the key sectors and industries that will take centre stage during Africa’s economic recovery and advance resilient sustainable-led growth.
Focus on East Africa
Few regions in the world excite as much attention as East Africa. Driven by a resurgent Kenyan economy, the promise of economic liberalisation in Ethiopia and the possibility of vast oil production in Uganda, investors are flocking to the region in the hope of taking advantage of bold new opportunities.
Despite the pandemic, the World Bank has projected that it will remain the continent’s fastest-growing region in 2021, alongside Southern Africa, with a growth of 2.7%. This demonstrates the region’s economic resilience and diversification.
The East Africa regional event will explore the new investment opportunities in the Agriculture sector in Eastern Africa, discuss the recent telecom liberalisation efforts in Ethiopia and provide crucial insights into the new wave of investments in critical technology and data infrastructure in the region.