By our staff reporter
In a significant step towards shaping the future of African commerce, the Pan African Chamber of Commerce and Industry (PACCI) convened its Annual Meeting to discuss the organization’s progress, challenges, and its role in the rapidly evolving economic landscape. The centerpiece of the event was the election of the Executive Council and the President for the 2023-2026 term. The conference witnessed the active participation of 35 esteemed members, each representing their respective national chambers of commerce from across the continent.
Established in 2009, PACCI embarked on a journey that spanned years to cement its stature as the resounding voice of businesses throughout Africa. As the premier business group of the continent, PACCI has consistently demonstrated its commitment to advancing economic interests, promoting trade, and catalyzing investments. Its dedication has led the organization to allocate substantial resources towards bolstering the African Continental Free Trade Area (AfCFTA), firmly positioning itself as a vanguard in advocating for its realization.
At the helm of PACCI’s strategic initiatives is its leader, Kebour Ghenna, a former President of the Addis Ababa and Ethiopia Chamber of Commerce. Under his meticulous stewardship, PACCI has carefully cultivated an influential business identity that revolves around economics, trade, and investment. As PACCI’s dedicated efforts gain momentum, the organization is emerging as a pivotal player, contributing significantly to Africa’s economic resurgence.
During the Annual Meeting, discussions on the AfCFTA took center stage, underscoring the business community’s collective sentiment. PACCI leaders sounded a cautionary note, expressing concerns over the gradual pace of AfCFTA implementation. As the foremost business advocacy group on the continent, PACCI made its position clear: businesses are eager for tangible outcomes, particularly in relation to the unfettered movement of people within Africa.
The event also marked a pivotal moment in PACCI’s evolution, with the election of the new Executive Council members and President for the upcoming three-year term. While the specific names of the new council members are yet to be unveiled, indications point towards a harmonious blend between English and French-speaking countries. A noteworthy milestone will be achieved as women are poised to take their rightful places on the Council, marking a significant stride towards gender inclusivity within PACCI’s leadership.
Outgoing President Youssouf Mussa Dawaleh from Djibouti, alongside outgoing 1st Vice President Melaku Ezezew, laid the foundation for stronger engagement with prominent continental entities like the African Union (AU) and the AfCFTA Secretariat. Their dedication to fostering collaborative ties underscores PACCI’s commitment to forging a cohesive and prosperous Africa.
In summary, the PACCI Annual Report and Executive Council elections for the 2023-2026 term serve as a testament to the organization’s enduring dedication to Africa’s economic growth. As PACCI continues to steer the continent towards greater economic integration, its resounding call for tangible results within the AfCFTA framework resonates as a rallying cry for businesses across Africa.