The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. As of 2019, approximately 1.3 billion people were living in 54 countries in Africa. Africa is a resource-rich continent. Recent growth has been due to growth in sales in commodities, services, and manufacturing. West Africa, East Africa, Central Africa, and Southern Africa in particular, are expected to reach a combined GDP of $29 trillion by 2050.
Dr. Winfred Wanjiku Gitonga
President & CEO & Project Director
Mr. Michael Gichohi
Vice President & Financial Advisor
Countess Dr. Celia Cristina Rubini
International Socioeconomic Development
George SN Macharia
Senior Adviser and Government Relations
Chief Investment Officer (CIO)
The Canada-Africa International Investors Summit is an annual business summit organized FAAVM Africa to attract domestic and foreign investment for international development. Based on the theme– Africa’s Growth and Prosperity, and aimed at bringing together business leaders, investors, corporations, policy, and opinion makers; international governments, and private investors, the summit serves as a perfect platform to understand and explore business opportunities for the African region.
The Canada-Africa International Investors Summit also works with other countries in the region, and where challenges benefit from regional approaches, we work with continental institutions such as the African Union and the African Development Bank, La Francophonie, African Union as well as regional economic communities. In 2018, Foreign Direct Investment (FDI) flows to Africa defied the global downward trend and rose to $46 billion, an 11 per cent increase after successive declines in 2016 and 2017. Africa is a resource-rich continent. Recent growth has been due to growth in sales in commodities, services, and manufacturing. West Africa, East Africa, Central Africa, and Southern Africa in particular, are expected to reach a combined GDP of $29 trillion by 2050.
The Canada-Africa International Investors Summit promotes an integrated approach to security, development, and regional cooperation, and we encourage this approach among the governments and partners we work with. Helping volatile areas achieve greater stability allows important humanitarian work and the delivery of international assistance to take place. The summit helps strengthen the peace and security capacity of African countries and promotes support for training military and police forces in many African countries, both to enhance their skills and to prepare them for participating in international peacekeeping operations.
Science may drive technological development, by generating demand for new instruments to address a scientific question, or by illustrating technical possibilities previously unconsidered
A foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country, or acquires foreign business assets in a foreign company
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. In most countries, such trade represents a significant share of gross domestic product (GDP)
The right to development is an inalienable human right by virtue of which every human person and all peoples are entitled to participate in, and enjoy economic, social, cultural and political development, in which all human rights and fundamental freedoms can be fully realized
The ‘’ FAAVM AFRICA” and “MEKADDESH CHRONICLES GLOBAL LTD”mission is: To restore the image of Africa, maximizing wealth and prosperity by developing sustainable economic programs, Foreign Direct Investment (FDI), international trade, socioeconomic development and humanitarian projects. To advance its support for Africa even further, the FAAVM AFRICA
partnership pledges and vows to enhance international support for African development, social
justice, security, and peace to improve coordination of FAAVM AFRICA system support. It also
works to facilitate global deliberations on Africa, particularly with respect to the New Partnership
for Africa, a strategic platform adopted by FAAVM AFRICA.