The fifth edition of the Africa CEO Forum, a Jeune Afrique Group initiative, organized in partnership with the African Development Bank opens in Geneva with a call to reinvent a ‘new African business model’. Rethinking the African ‘business model’ to remain relevant in a changing and competitive environment is critical for Africa, according to, Amir Ben Yahmed, Founder and President of the Forum spoke at the opening of the Forum this morning. Speaking on this year’s theme, he explained the urgency to overhaul Africa’s business model because of the declining growth in African economies. He also announced the launch of the African CEO Barometer, an initiative aimed at measuring the confidence in African CEOs and the expectations and prospects of key leaders in the African private sector. Published on the occasion of the Africa CEO Forum, the Barometer is based on a survey of more than 1,000 active African CEOs across the continent and will be renewed annually.

Source: News Business Ethiopia March 20, 2017 14:37 UTC