Building resilient education systems for increased access to inclusive, lifelong, quality, and relevant learning in Africa
Partners:
Pan African Chamber of Commerce and Industry (PACCI), African Education Trust Fund (AETF), and Africa Private Sector Summit (APSS) Collaborate to Advance AU’s Vision for 21st Century Education
In response to the African Union’s compelling theme, “Educate an African fit for the 21st Century: Building resilient education systems for increased access to inclusive, lifelong, quality, and relevant learning in Africa,” the Pan African Chamber of Commerce and Industry (PACCI) is proud to collaborate with the African Education Trust Fund (AETF) and the Africa Private Sector Summit (APSS). Together, these pan-African organizations pledge unwavering support for the AU’s vision of transforming education across the continent.
Engagements at various continental discussions over the past several years, continue to recognize education at the primary, secondary and tertiary levels of education including Technical and Vocational Skills Training (TVETS), as the cornerstone of socio-economic development. Therefore, the collaborative effort based on the African philosophy of UBUNTU, seeks to create the Africa Education Trust Fund (AETF). This fund is envisioned as a catalyst for establishing new research partnerships that drive innovation and resilience in education systems throughout Africa.
The Pan African Chamber of Commerce and Industry (PACCI), African Education Trust Fund (AETF), and Africa Private Sector Summit (APSS) collectively advocate for the invaluable role of private sector involvement in shaping the future of education. By fostering collaboration between academia and industry, the initiative aims to equip Africans with skills relevant to the dynamic demands of the 21st century for conversion of Africa’s natural resources to value adding products, thereby by enhancing quality of life, creating jobs and building the entrepreneurial spirit, especially among Africa’s burgeoning youth demography.
This call to action extends to AU member states, urging their support in championing this transformative initiative. By establishing the Africa Education Trust Fund (AETF), we envision a future where education becomes a powerful vehicle for inclusive growth, unlocking the full potential of African youth.
PACCI, in partnership with the AETF and the APSS, consequently invites AU member states to actively engage in this groundbreaking initiative. By fostering strategic collaborations, the organizations aim to create resilient, adaptive, and future-ready education systems that empower individuals across the continent.
For further information and to express support, please contact:
Wincate Muthini –
Ag Administrative Manager AETF
info@pacci.org
Strengthening AfCFTA Implementation: Recommendations
In the spirit of unwavering support for the African Continental Free Trade Area (AfCFTA), the Pan African Chamber of Commerce and Industry (PACCI) issues these recommendations to fortify the ongoing implementation of this transformative agreement. The following key recommendations stem from our commitment to ensuring that the AfCFTA becomes a catalyst for sustainable economic development across the African continent.
Private Sector Engagement – Recognizing the critical role of the private sector in economic growth, job creation, and innovation, PACCI underscores the necessity of inclusive private sector engagement in the implementation of AfCFTA. The Executive Council emphasizes that businesses hold unique insights into the practicalities of cross- border trade, and their active involvement is vital for shaping effective policies that resonate with on-the-ground realities.
Harmonization of Regulations – PACCI stresses the importance of harmonizing trade regulations and standards across member states. Our recommendations are rooted in the conviction that a unified regulatory framework will eliminate bottlenecks, reduce trade barriers, and enhance the overall ease of doing business. Such harmonization is key to fostering a conducive environment for businesses to thrive.
Investment in Digital Infrastructure -The Executive Council of PACCI urges the prioritization of digital infrastructure development. This recommendation is driven by the understanding that a robust digital ecosystem is fundamental to unlocking the full potential of AfCFTA. Investments in e-commerce, digital payments, and data infrastructure will position African businesses on a global stage, fostering competitiveness and innovation.
Capacity Building and Skills Development – PACCI advocates for collaborative initiatives aimed at building a skilled and adaptable workforce. Recognizing that the success of AfCFTA is intrinsically linked to the capabilities of the workforce, our recommendations call for partnerships between governments, the private sector, and educational institutions to implement comprehensive skill development programs.
Sustainable Development Goals (SDGs) Integration – PACCI aligns its recommendations with a broader commitment to sustainable development. The Executive Council urges the integration of the United Nations’ Sustainable Development Goals (SDGs) into AfCFTA strategies. By prioritizing environmental sustainability, social inclusivity, and ethical business practices, we aim to ensure that economic growth is not only robust but also socially responsible.
These recommendations are issued by the Executive Council of PACCI with the goal of providing constructive insights into the ongoing AfCFTA implementation. Our commitment to these recommendations emanates from our dedication to seeing AfCFTA as a powerful tool for fostering economic development, inclusivity, and sustainability across Africa.
Unlocking Africa’s Economic Potential: Prioritizing Productive Capacity and Robust Transport Infrastructure- DOC 3
The Pan African Chamber of Commerce and Industry (PACCI) recognizes the paramount importance of unlocking Africa’s economic potential for sustained growth and prosperity. Our collective pursuit of a vibrant and resilient African economy necessitates a strategic focus on building productive capacity and fortifying transport infrastructure. In this brief, we delve into the nuanced arguments supporting these recommendations, emphasizing their interconnected nature and their pivotal role in shaping Africa’s economic trajectory.
Investment in Productive Capacities – Investing in productive capacities is not merely a fiscal decision but a strategic imperative for economic self-reliance. A nation’s economic strength is intricately tied to its ability to manufacture and produce goods locally. By fostering a conducive environment for industries to thrive, AU member states can diminish their reliance on imports, stimulate local entrepreneurship, and build a diversified economic base. This transformative approach generates a ripple effect, creating employment opportunities, elevating living standards, and fostering sustained economic growth.
Facilitating Technology Transfer -The global landscape is evolving at an unprecedented pace, driven by technological advancements. AU member states must actively facilitate the smooth transfer of technology to stay abreast of this evolution. A focus on technology transfer not only fuels innovation but also enhances the competitiveness of African industries on the global stage. By embracing digitalization and knowledge-sharing, member states can position themselves as contributors to the global knowledge-driven economy, fostering sustainable growth and development.
Revitalizing Transport Infrastructure – Transport infrastructure forms the backbone of economic development, impacting the movement of goods, market accessibility, and overall competitiveness. AU member states need to prioritize the revitalization of transport infrastructure, including well-connected roads, railways, and airports. Such investments not only reduce transportation costs but also facilitate the seamless movement of goods, attract investments, and catalyze economic activities. Robust transport infrastructure is a catalyst for economic integration, creating an environment conducive to trade and business.
Promoting Public-Private Partnerships (PPPs -Economic progress demands collaboration, particularly in the face of budgetary constraints. Public-Private Partnerships (PPPs) emerge as a strategic avenue to address these challenges. By actively engaging the private sector, member states can undertake large-scale infrastructure projects, tapping into additional expertise and funding. This collaborative approach not only accelerates infrastructure development but also fosters economic growth and resilience.
Harmonizing Trade Facilitation Policies -For Africa to achieve meaningful economic integration, streamlining cross- border trade is imperative. Harmonizing trade facilitation policies, with standardized customs procedures and reduced non-tariff barriers, creates an environment conducive to business. AU member states, through such harmonization, can enhance intra-African economic integration, stimulate growth, and present a unified market to international investors. This concerted effort lays the foundation for a seamless and interconnected African market, fostering economic stability and attracting foreign investments.
In endorsing these recommendations, PACCI emphasizes the symbiotic relationship between building productive capacity and fortifying transport infrastructure. Investment in manufacturing, technology transfer, infrastructure development, public-private partnerships, and trade facilitation collectively contributes to Africa’s economic transformation. PACCI pledges its commitment to collaborating with AU member states, translating these recommendations into actionable initiatives that will propel sustainable economic development across the continent.
To optimize the benefits of enhanced productive capacities and transport infrastructure, PACCI calls on AU member states to work collectively towards a harmonized approach to trade facilitation policies. Standardizing customs procedures, reducing non-tariff barriers, and streamlining cross-border trade regulations will create a seamless intra-African trade environment, boosting economic integration.
In issuing these recommendations, the Executive Council of PACCI seeks the commitment of each AU member state towards a resilient and prosperous Africa. Increased productive capacities and modernized transport infrastructure will converge to drive sustainable economic development, and PACCI stands ready to collaborate with member states to transform these recommendations into impactful actions that benefit the entire continent.
Green Business and AfCFTA: Fostering Sustainable Growth – Doc 4
The Pan African Chamber of Commerce and Industry (PACCI) takes pride in championing not only the economic aspirations of Africa but also its commitment to sustainable development. In light of the African Continental Free Trade Area (AfCFTA), PACCI puts forth a perspective that intertwines the principles of green business with the ambitions of continental economic integration.
Harnessing Green Business for Sustainable AfCFTA – PACCI underscores the symbiotic relationship between green business practices and the successful implementation of AfCFTA. As we embark on this transformative journey, it is imperative to recognize that economic growth must go hand-in-hand with environmental responsibility. Green business principles, encompassing renewable energy, eco-friendly production, and sustainable supply chains, can serve as cornerstones for a resilient and environmentally conscious AfCFTA.
Economic Viability through Sustainability -Contrary to a common misconception, green business is not merely an environmental obligation; it is a strategic economic choice. PACCI emphasizes that integrating sustainability into AfCFTA policies and practices can lead to enhanced competitiveness, improved resource efficiency, and increased market access. The adoption of green technologies and practices aligns with global trends, positioning African businesses as responsible contributors to a sustainable future.
Policy Alignment for Green Growth -PACCI urges the African Union (AU) and member states to align AfCFTA policies with green growth objectives. This includes incentivizing environmentally friendly practices, promoting the circular economy, and integrating sustainability criteria into trade agreements. By doing so, we not only foster responsible business conduct but also elevate the reputation of African products in the international market.
Access to green finance is pivotal for businesses looking to adopt sustainable practices. PACCI calls upon governments, financial institutions, and the AU to collaborate in creating mechanisms that facilitate funding for green initiatives. Moreover, fostering innovation in green technologies can spur economic growth while addressing environmental challenges, creating a win-win scenario for businesses, communities, and the planet.
Capacity Building for Sustainable Practices -To ensure the success of green business within the AfCFTA framework, PACCI advocates for comprehensive capacity-building initiatives. This involves providing training, resources, and support to businesses transitioning towards sustainability. Governments should collaborate with industry experts, academia, and international partners to create a knowledge-sharing ecosystem that empowers businesses to integrate green practices seamlessly.
Conclusion
In issuing this note, PACCI emphasizes that green business is not a choice between economic growth and environmental responsibility but a harmonious fusion of both. AfCFTA provides a unique opportunity to set a precedent for sustainable economic integration. By embracing green business principles, African nations can not only reap economic benefits but also contribute significantly to global efforts towards a greener and more inclusive future. PACCI stands ready to collaborate with the AU and member states to weave sustainability into the fabric of AfCFTA, ensuring a legacy of responsible economic growth for generations to come.
Celebrating A Decade of Impact: PACCI’s 10th Anniversary
Happy 10th Anniversary to the Pan African Chamber of Commerce and Industry (PACCI)! Reflecting on the past decade, we are filled with gratitude for your unwavering support and dedication, which have collectively shaped PACCI into the main voice of African businesses since our inception in 2012. This incredible journey has seen us actively advancing the interests of African businesses globally.
While we celebrate this milestone, it’s essential to acknowledge the financial challenges faced by our Secretariat in Addis Ababa, operating with minimal contributions from members since operations commenced in 2014. Despite limited funds, our collective perseverance has kept the wheels turning. Special thanks to various UN and international organizations, including AU, UNECA, AfDB, Afrexim Bank, UNDP, and Sida, for their invaluable support.
In our 10th year, PACCI continues to play a pivotal role in the implementation of the African Continental Free Trade Area (AfCFTA). Actively participating in trade policy dialogues organized by national, regional, UN, and international bodies, we are actively contributing to shaping the future of African business.
It is with great pride that we share PACCI’s engagement with high-profile initiatives. PACCI has been accorded the privilege to join the Advisory Panel for the Independent Evaluation Group (IEG) Evaluation of the World Bank’s Support to Procurement and Its Principles. Our commitment further extends to the UNDP’s Advisory Board Meeting of the Africa Green Business and Financing Initiative (AGBFI).
Additionally, PACCI proudly serves as an Advisory Committee member of the UNECA’s African Trade Policy Center (ATPC) and holds a coveted position in the Afreximbank’s Steering Committee of the Intra Africa Trade Fair (IATF).
As a testament to our dedication to knowledge dissemination, PACCI actively publishes policy briefs on trade, investment, and finance, addressing pivotal issues such as evolving best practices on rules of origin, the impact of sanctions on Russia on grain markets in Africa, or the belief that trade
facilitation is a plus-sum game. Your continued views, comments, and contributions not only hold immense value but are integral to advancing knowledge and promoting meaningful discussions within our community.
PACCI greatly values the insights shared by our esteemed members, and your perspectives have proven to be invaluable. In particular, the recent discourse in January 2024 on financing small and medium enterprises has elicited substantive comments and appreciations from our community. This engagement underscores PACCI’s commitment to fostering an environment where your opinions play a crucial role.
As we celebrate, PACCI is proud to host the 6th Prosperity Africa Conference in Kampala, Uganda. This flagship event has played a significant role in fostering collaboration, facilitating business match-ups, and providing a platform for discussions on trade and investment issues with government officials, businesses, and the international community.
We express our deepest gratitude for your continuous support. Your active participation is crucial as we collectively navigate challenges and embrace opportunities to further solidify PACCI’s impact on the African business landscape.
Here’s to the last ten years of achievements, ongoing engagements, and the promising future that lies ahead!
Kebour Ghenna
Executive Director
Pan African Chamber of Commerce and Industry (PACCI)
