Cycle of meetings
The economic effects of the pandemic were also evident in Sub-Saharan Africa, where the first recession in over twenty years was recorded in 2020. While this setback interrupted a phase of expansion that had generated international confidence, estimates indicate a return to growth in 2021, albeit diversified by geographical area and sector. The modalities and timing will also be dictated by broader processes, from the regional integration efforts already underway on the continent to the promotion of digital innovation, from the development of infrastructure to the green transition and the blue economy - elements also present in the new EU-Africa partnership currently being drawn up.
This cycle of meetings organized in collaboration with Assolombarda aims to bring attention to countries and sectors that present specific opportunities for Italian companies, also in order to encourage industrial collaborations.
With a stable political system, an active role in the regional economic community of West African states (ECOWAS/CEDEAO) and a diversified economy whose growth has led to its re-classification as a middle-income country as early as 2011, Ghana has established itself as a virtuous case in West Africa (and beyond), until the setback imposed by Covid-19. With average growth prospects of 5.1% between 2021 and 2023, and the COVID-19 Alleviation and Revitalization of Enterprise Support (CARES) recovery program launched in November 2020, will the country be able to maintain the confidence it has enjoyed in recent years internationally?
The next appointments
- 24 february - KENYA, a hub of innovation and resilience?
- 23 march - IVORY COAST and SENEGAL, winds of recovery?
- 12 april - ETIOPIA, da faro del corno d'Africa a paese in guerra: uno scenario in evoluzione