• APSS INITIATIVES

    Charter on Private Sector Rights (PBSOR)

    African Education Trust Fund (AETF)

    Single Currency

    Digitalization, Innovation, Technology & IP

The Context

The Africa Continental Free Trade Area, set to become the largest Free Trade Area (FTA) in the global economy, will provide a huge opportunity for Africa by uniting 1.2 billion people into one market, with an estimated combined GDP of US$2.5 trillion, which is expected to reach US$29 trillion by 2050. As a crucial part of the AU Agenda 2063, the main objectives of the AfCFTA are to create a continental market for goods and services, with free movement of people and capital, and pave the way towards creating a Customs Union.

It will also grow intra-African trade through better harmonization and coordination of trade liberalization across the continent. The AfCFTA is further expected to enhance competitiveness at the industry and enterprise level through the exploitation of opportunities for scale production, continental market access and better re-allocation of resources.

APSS-Africa Private Sector ‘Think and Do Tank’

Africa Private Sector Summit (APSS) is a Pan-African Private Sector Think (Do) Tank organisation that seeks to convene the private sector, public sector, CSO, Labour and Academia from Africa and the Diaspora, to advocate for favourable governance, legal, regulatory, policy, commercial, trade and investment environment that promotes business, investment and trade in Africa at the back of RECs protocols and especially drawing from the spark-plug of AfCFTA.

As a Facilitating ‘Think Tank’ body to our formal advocacy bodies like PACCI, ABC, Trade, Business and Manufacturing Associations and others, APSS focuses on the enablers that would propel the implementation of protocols of RECs and AfCFTA to deliver the Africa we want.

We galvanize stakeholders for solution- oriented actions. APSS trademark therefore is to work in collaboration with institutions to create the Africa we want in doing business and trade for Transformation of the Lives and circumstances of our peoples.

APSS as a Think and Do Tank moreover serves also as a Facilitator, Leveraging and brokering partnerships, Galvanizing and invigorating stakeholder actions as Spark-plug and catalyst, for multiplier results stemming from propelling actions and making vital linkages for mutual and overall benefit for African Peoples.

OVER ARCHING SUMMIT FOCUS

A key feature of Our Series of Summits is the ‘Big Conversations’ on the Themes, Issues and Projects that are designed to result in strategic Turnaround of the Fortunes of Africa. The Big Conversation is an engaging Forum for African Presidents, Business Leaders, Young and Women Entrepreneurs to engage in charting a Path for the Critical Issues with Multiplier effect on the African Situation.  Therefore, Summits have hovered around awakening Africa’s sleeping Giants.

PRESS RELEASE ON APPOINTMENT

Professor Kingsley Moghalu

Chairman of the Board of Directors and the Advisory Board of the Africa Private Sector Summit

He served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014. A transformation-driven board leader, he was the Chairman of the Board of Directors of the Nigerian Export-Import Bank (NEXIM Bank), the Nigerian Commodities Exchange, and the Financial Institutions Training Centre, and a member of the Boards of Directors of the Central Bank of Nigeria, the Securities and Exchange Commission, the Asset Management Company of Nigeria (AMCON), and the global Alliance for Financial Inclusion (AFI), headquartered in Kuala Lumpur, Malaysia.

Prof Kingsley Moghalu is the CEO of Sogato Strategies LLC, a global strategy, geopolitical risk and investment advisory firm, and the President of the Institute for Governance and Economic Transformation (IGET), a public policy think tank.

FULL BIO

OBJECTIVES

  1. Creating opportunities for deliberate, action-oriented, and implementable Multi-Stakeholder engagement and actions for rapid and successful implementation of the RECs and AfCFTA protocols
  2. Facilitating awareness about the principles and protocols for Africa’s rapid economic and social transformation.
  3. Identifying strategic turnaround projects for maximizing the benefits of RECs and AfCFTA.
  4. Advocating for critical sectors to achieve economies of scale for Africa.
  5. Advocating for inclusion of youth and women entrepreneurs, especially the MSMEs, into the value chain of the major corporates in Africa
  6. Promoting and encouraging a private sector common approach to engagements with National Governments, Regional Economic Communities and the African Union.

ACTIVITIES

  1. Action-oriented and implementable summits.
  2. Advocating an enabling business environment for doing business in Africa.
  3. Facilitating result-oriented and impactful actions for Africa’s rapid turnaround.
  4. Exploring opportunities for inclusion of APSS into implementation of strategic continental programmes, projects and initiatives as a form of advocacy for Africa’s private sector.
  5. Stimulating African private sector-led implementation of policies.
  6. Brokering Partnerships, Linkages and Networking for Africa.
  7. Leveraging resources and opportunities for Africa.
  8. Intermediating Multistakeholder actions for the Africa we want and must have.
  9. Encouraging Africa private sector common front for advocacy and policy Impact.
  10. Promoting academia-industry linkages, development of fit-for-purpose education and skills for innovation and increased productivity in Africa.
  11. Serve as a spark -plug for catalytic Public-Private actions for Continental and Diaspora Transformation.

LEGAL STATUS

APSS is Registered in Ghana as Africa Private Sector Summit LBG by the Registrar of Companies at the Registrar General Department, with Registration Number: CG220120921

Founder, Chair Emeritus and Member Advisory Board

Judson W. Addy

VISION
Enabled African business and trade environment for the Economic and Social Transformation, Sustainable and Inclusive Development, Wealth Creation and sharing, Prosperity, dignity and self-respect of Continental and Diaspora African People.

GOAL

Private Sector-led and driven Implementation of RECs Protocols and AfCFTA for awakening the sleeping giants for Africa’s Turnaround.

MISSION
Galvanizing Private Sector, Public Sector, Academia and Multistakeholders for pro-active initiatives for achieving the Africa we want and must have.

APSS-Summit Series 1

Virtual Summit in March, 2021

Theme: ‘Righting the Wrongs of Doing Business in Africa’ catalogued the challenges facing the Continent in Trade, Business and Investment and proffered solutions in form of outputs and deliverables, which have been worked on to be Launched and unveiled in Series 3 in Rwanda:

  1. ‘Bill of Rights for Enabling Business Environment in Africa’, whose development by Experts have been funded by UNECA, and will be validated by stakeholders, prior to Series 3, to be Launched in Rwanda
  2. Signing of MOU between Association of African Universities (AAU) and Pan-African Chamber of Commerce (PACCI)for industry academia Partnerships across Africa

APSS-Summit Series 2

Hybrid Summit in Accra, October, 2021

Theme: Awakening Africa’s Sleeping Giants in the Implementation of Regional Economic Communities (RECs) and African Continental Free Trade Area (AfCFTA) and Leveraging Strategic Opportunities for Africa’s Turnaround came up at the end with a catalogue of some 13 project areas, for developing implementable projects, programmes and Initiatives for implementation across Africa. They include projects for Crisscrossing Africa with Transportation, Communication and Energy Infrastructure, advancement of Manufacturing, ease of access to finance, Common African Currency and development of MSMEs. Outlines of the Initiatives were the Outputs of the Summit for further development and Implementation as follow up of Series 2. These will accompany the Outputs of Series 1 above for implementation, prior to Series 3 and progress reported at Series 3.

The Summit Series therefore is a Contribution of the necessary steps in the Continuum of activities and actions for awakening the sleeping giants of Africa. Much as this contribution, activities and actions are not exhaustive they are significant all the same; giant steps in their own right and the giant continuum towards awakening the sleeping giants through the provision of series of action oriented and implementable dialogues with multi-stakeholders for the giant conversations that have to be held by the people (public and government sector people) and private and citizen-led people sitting together face-to-face and electronically to have conversations on the big issues of the continent and its diaspora with an Action plan of projects to be implemented from series 2 and repositioned for implementation after review at Series 3.

APSS SERIES 3

Hybrid Summit in Kigali, 2023

Theme: Awakening Africa’s Sleeping Giants in the Implementation of Regional Economic Communities (RECs) and African Continental Free Trade Area (AfCFTA) and Repositioning Stakeholders Strategy and Implementation action, in Rwanda, seeks to reposition stakeholders’ strategies and implementation actions which were developed in Series 2 in Accra, by reviewing progress of implementation so far and refashioning areas needing revision for onward continuing improved implementation after series 3. Landmark launches of Bill of Rights and the Africa Education Trust Fund and Fundraising Efforts to support APSS work going forward are also therefore envisaged, making Kigali a watershed moment for leap frogging Continental Projects and APSS activities.

 

Summit Series 3 Objectives

  1. Reviewing of progress on Summit outputs and implementation so far
  2. Repositioning Identified Priority Projects from Series 1 and 2 after the review for improved Implementation going forward
  3. Showcasing Africa’s success stories for scaling up proven solutions and interventions at Continental Level
  4. Mainstreaming young and women entrepreneurs, MSMEs and disruptive innovations for continental benefit
  5. Exploring New Financial Frontiers for Synergy of Funding and resource mobilisation for the African we want and must have
  6. Launching the Bill of Rights and Africa Education Trust Fund

SUMMIT SERIES 3 EXPECTED OUTPUTS/DELIVERABLES

  1. Reviewed and Revised Summit Outputs of Series 1 and 2 for Implementation
  2. Repositioned Summit Priority Programmes, Projects and Initiatives scaling up Africa’s best practices
  3. Validated Bill of Rights for Enabling Business Environment in Africa Launched
  4. Africa Education Trust Fund Launched
  5. A coordinated Inclusive Private Sector Common Front Mainstreamed Young and Women Entrepreneurs and MSMEs
  6. New Financial Frontiers secured for the Africa we want and must have.

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