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HomeDaily NewsThursday, November 20, 2025African Economic Development and Integration Pushed at Regional Summits - November 2025
Business & Economy3 stories from 1 sources

African Economic Development and Integration Pushed at Regional Summits - November 2025

Global business leaders have submitted 30 policy recommendations to the G20 ahead of its annual summit on November 22–23, focusing on critical areas such as Africa’s development and digital connectivity. At the B20 Summit in Johannesburg, Jacquiline Mugo, CEO of the Federation of Kenyan Employers (FKE), highlighted the urgent need for African enterprises to reskill their workforces to remain competitive globally. Meanwhile, the Democratic Republic of Congo (DRC) is advocating for deeper regional economic integration to achieve lasting peace and stability in the Great Lakes Region. The DRC made this call during a High-Level Segment in Kinshasa, held alongside the 9th Summit of the ICGLR.

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Thursday 3:16 PMCapital Business

IOE President: African enterprises must reskill to remain competitive on global stage

IOE President: African enterprises must reskill to remain competitive on global stage

Jacquiline Mugo, CEO of the Federation of Kenyan Employers (FKE) and representative for the International Organization of Employers (IOE), highlighted the urgent need for African enterprises to reskill their workforces to remain competitive globally. Speaking at the B20 Summit in Johannesburg, she stressed that outdated skills and low productivity threaten business sustainability and job creation for Africa's youth.

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Key Highlights

Jacquiline Mugo, CEO of the Federation of Kenyan Employers (FKE) and representative for the International Organization of Employers (IOE), highlighted the urgent need for African enterprises to reskill their workforces to remain competitive globally. Speaking at the B20 Summit in Johannesburg, she stressed that outdated skills and low productivity threaten business sustainability and job creation for Africa's youth.

  • Over 100 million workers globally require urgent upskilling due to digital technologies.
  • Jacquiline Mugo represented the IOE, which speaks for some 50 million enterprises globally.
  • The continent struggles with outdated skills frameworks and low productivity, hindering job creation for its growing youth population.
Wednesday 10:28 PMCapital BusinessFirst

DRC pushes regional integration to anchor stability in Great Lakes Region

DRC pushes regional integration to anchor stability in Great Lakes Region

The Democratic Republic of Congo (DRC) is advocating for deeper regional economic integration to achieve lasting peace and stability in the Great Lakes Region. This call was made during a High-Level Segment in Kinshasa, held alongside the 9th Summit of Heads of State and Government of the International Conference on the Great Lakes Region (ICGLR).

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Key Highlights

The Democratic Republic of Congo (DRC) is advocating for deeper regional economic integration to achieve lasting peace and stability in the Great Lakes Region. This call was made during a High-Level Segment in Kinshasa, held alongside the 9th Summit of Heads of State and Government of the International Conference on the Great Lakes Region (ICGLR).

  • More than 250 officials, private-sector representatives, and development partners attended the event.
  • DRC Prime Minister Judith Suminwa Tuluka urged member states to prioritize practical cooperation, emphasizing investments in infrastructure, trade, and employment.
  • Discussions highlighted critical cross-border transport corridors, including the Lobito Corridor, the Tanzania–Burundi–DRC railway line, and the DRC–Uganda road corridor.
  • Development partners, including the AU, EU, and UN, reaffirmed their support, stressing the importance of economic diplomacy and private-sector investment.
  • Minister of Regional Integration Floribert Anzuluni called for stronger monitoring and the institutionalization of the High-Level Segment for future editions.
Thursday 11:06 AMCapital Business

Global business leaders submit 30 policy recommendations to G20 ahead of summit

Global business leaders submit 30 policy recommendations to G20 ahead of summit

Global business leaders have submitted 30 policy recommendations to the G20 ahead of its annual summit, focusing on critical areas such as Africa’s development, digital connectivity, and access to capital. These proposals aim to influence global economic priorities during the summit on November 22–23.

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Key Highlights

Global business leaders have submitted 30 policy recommendations to the G20 ahead of its annual summit, focusing on critical areas such as Africa’s development, digital connectivity, and access to capital. These proposals aim to influence global economic priorities during the summit on November 22–23.

  • The recommendations were developed through eight policy papers under the B20, the official business engagement arm of the G20.
  • Ethiopis Tafara, IFC Africa Vice President, emphasized unlocking private-sector capital and highlighted plans to connect 300 million Africans to electricity.
  • The proposals advocate for investing in infrastructure, improving regulatory environments, and adopting equity financing models to address structural challenges in African economies.
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