The High-Level Panel on Fragile States in Africa was established on the initiative of President Kaberuka of the African Development Bank (AfDB or 'the Bank'). Under the leadership of Her Excellency Ellen Johnson-Sirleaf, President of Liberia, the Panel was asked to review the likely sources of fragility in Africa in the coming years and to make recommendations both for the Bank and the wider policy community as to how they should be tackled. Greg Mills, Director of the Brenthurst Foundation, is one of the eight eminent members of the AfDB High Level Panel on Fragile States. Download the full report here. [PDF]
In collaboration with the Tony Elumelu Foundation, a non-profit organisation based in Lagos, Nigeria that aims to strengthen economic growth through enterprise and private sector development, The Brenthurst Foundation has launched a new research project on Africans investing in Africa. The project aims to investigate the policy and social challenges that stymie African businesses as they invest into new geographies within the continent. The study will produce a series of case studies that will form the basis of a book commissioned by Brenthurst and the Tony Elumelu Foundation.
The Aus-Africa Dialogue is a unique second track initiative that brought senior Australians and Africans from government, think tanks and the private sector together to discuss ways to strengthen relations between the two continents.
Australian Foreign Minister Julie Bishop a participant in the Aus-Africa Dialogue writes in the Reports Foreword:
The discussion in Western Australia made clear that increased Australian trade and investment in Africa is the best way for Australia to help stimulate growth and development in Africa.
His Excellency Raila Odinga, former Prime Minister of Kenya and also a Dialogue participant, notes in the Report that:
Intra-African trade is growing year on year, but it is still small when compared with Africas trade with the EU or China. The main reason it remains so is because Africa lacks the infrastructurepower, roads, ports and so onto support robust economic development. The Cape to Cairo dream has become a necessity for Africa. Investment in infrastructure represents a golden opportunity for Australian firms seeking not just profits but also wishing to contribute substantially to the continents development.
Read the full report here [PDF]
Presidential Advisory Committee on the Economy (PACE), Malawi
In June, the Brenthurst Foundation and the Malawian government co-sponsored a National Dialogue on the Economy aimed at re-invigorating Malawis economic performance. The result was the establishment of PACE to assist the President on tackling the various economic challenges that need to be addressed in order for Malawi to become a global leader in doing business. Brenthurst will act as the Secretariat of PACE, which includes 19 public and private sector leaders from Africa, Europe, and the Americas.