Sectors of intervention
One of the aims of the IABW is to create a synergy between the needs of Africa and the Italian know-how within these sectors:
Agriculture and Agribusiness
Innovative start-ups and new technologies
Health is a primary good for any Country, but it is also a powerful tool of economic wellbeing as, in order to function, a sanitary system needs health personnel and an industry which produces medical technologies useful for prevention and diagnosis, cure and rehabilitation. The sector of medical devices can contribute in an important manner to this change of speed in African Countries, creating the basis for a development not only economical, but also social. For this reason, it is fundamental to create the conditions in order to motivate the partnership between Italy and African countries, with the aim to introduce innovative devices and lifesaver, to favor the education of medical-health personnel, to stimulate the birth of health infrastructures and surgeries. A coordinated action of this kind would create value and jobs at all levels and for all Countries involved.
Textile and fashion
According to the African Development Bank, the value of the fashion market in Africa fluctuates between 15 and 30 billion dollars a year: more than a half is represented by the informal market. Creativity in the textile sector of much of the African continent goes hand in hand with the production of raw materials, from cotton to vegetable fibers to semi-finished leather. Out of 54 countries in the continent 38 are producers of high quality cotton: the strengthening of the textile industry and the fashion manufacturing sector have already had a great impact on the economies of countries such as Burkina Faso, Ethiopia, Mozambique and Morocco.
A sector, that of fashion, which is already exploding in Africa: the international fashion weeks in Nigeria, Ghana and South Africa recall, every year, a vast public, of high economic depth and not only in Africa and in this context the “Made in Italy“, Which alone represents a quality brand recognized all over the world, can play a strategic role both to supply ideas and raw materials and to transfer skills and create new growth opportunities in Africa.
Tourism and safety
Safaris and tourist villages, climbing and backpack-on-shoulder trips, modern cities full of clubs and rich nightlife, high-level forums and cultural events, Africa is now partially stripped of that romantic and stereotyped patina of yellow and sandy roads, drums and big game.
The complexity, the diversity and the poignant beauty of so many areas of the continent makes Africa a perfect place to create economy through tourism and there are many Italian companies that, in this sector, have carved out a space of quality and important economy in the country where they are installed.
Grand finale at the end of the third edition of Italia Africa Business Week, un Dîner de Gala sera l’évènement de clôture du forum: musique, degustation et défilé de mode pour valoriser la dynamique culturelle italo-africaine.