Cape Town - Nigeria is to host the 24th edition of the World Economic Forum (WEF) on Africa in Abuja next year.
The Coordinating Minister of the Economy and Minister of Finance, Dr
Ngozi Okonjo-Iweala, made the announcement at the close of the 23rd
edition of the WEF in Cape Town, South Africa on Friday.
Okonjo-Iweala thanked the WEF for choosing Nigeria as the next
host, expressing the readiness of the country to make the next edition
as exciting as possible.
She said that the choice of Nigeria was appropriate given its position and huge economic potential.
“I think we epitomise a lot of things about Africa. We have the
excitement, the passion, the entrepreneurship, the private sector drive
and the glow for the future.
"But we also epitomise all of the difficult challenges of the
continent such as infrastructure deficit, governance issues, corruption
and transparency,” she said.
According to her, a combination of these opportunities and challenges
in one country makes Nigeria the most exciting place to be on the
Okonjo-Iweala said that the future of Africa was bright, judging
by the commitment and passion demonstrated by participants in the forum,
especially the Young Global Leaders, who represented the youths of the
The Director General, Nigeria Economic Summit Group, Mr Frank Nweke
Jnr, said that Nigeria was excited to be the host of the next WCF.
He said that President Goodluck Jonathan had already mandated the team to organise a successful forum.