Feb 18 β€’ 12:11 UTC πŸ‡«πŸ‡· France France24

'It's the moment to do business with Africa': Interview with CEO of UN Global Compact

The article features an interview with the CEO of the UN Global Compact discussing the opportunities for business in Africa.

In an exclusive interview with France24, the CEO of the UN Global Compact emphasized the untapped business potential in Africa, stating that the current moment is ripe for international companies to invest and engage with the continent. The interview highlights various sectors, such as renewable energy and technology, where he sees significant growth prospects, particularly as African nations strive for sustainable development and economic independence.

The CEO pointed out that while there are challenges such as governance, infrastructure deficits, and supply chain issues, the resilience and entrepreneurial spirit of African businesses offer a promising landscape for investors. He stressed the importance of partnerships between global corporations and local startups to harness innovation and drive economic progress in the region. This collaboration could not only benefit local economies but also create a mutually advantageous relationship for overseas companies seeking new markets.

As the world looks for avenues to diversify investments and create sustainable practices, the message conveyed is clear: Africa is more than just an emerging market; it's a continent full of potential that requires responsible engagement from international businesses. The UN Global Compact aims to facilitate these connections, ensuring that investments are made thoughtfully and in alignment with the Sustainable Development Goals.

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