6th ADI - G-CoP Dialogue: A Call for Accelerated Investments in Knowledge and Institutional Capacity to Drive Inclusive Development Transitions in Africa
African countries must stop relying on exporting natural assets such as oil, gas and cash crops with little value addition and focus on investing in the “knowledge economy,” panelists said during a G-CoP dialogue on strategies to address gaps in Africa-led institutions. Countries and individual entrepreneurs who have been able to achieve and sustain high levels of economic growth and sustainable wellbeing throughout development history, are not those who have abundance of natural assets but those who invested in knowledge and institutions to create intellectual property, the G-CoP Delegates observed.
The global seminar, themed Strengthening Institutional Capacities for Inclusive Development in Africa post-COVID-19 was held virtually on 15 and 16 March. It convened over 545 experts from 58 countries from all continents of the world, mostly from the Western and Eastern hemispheres.