Africa50 General Shareholders Meeting 2024: Key take aways

The 2024 Africa50 General Shareholders Meeting was held on 19 September in Anatananarivo, Madagascar. The Offical Opening Ceremony was under the high patronage of H.E Andry Rajoelina, President of Madagascar. Some key highlights from this session:

• H.E. Andry Rajoelina, President of the Republic of Madagascar, said, "The theme chosen for this General Shareholders Meeting (GSM), "Developing Renewable Energy and Innovative Financing Solutions for Infrastructure," addresses the challenges faced by the African continent and highlights the immense potential it holds. This meeting outlines the future of Madagascar and the continent, bringing attention to issues that can no longer wait”.
   
• Hon. Rindra Hasimbelo Rabarinirinarison, Minister of Economy and Finance, Republic of Madagascar, said: “Africa50 is an institution that works in Africa, for Africa, with Africa, and thanks to Africa. This Africa, which has all the potential to become a global power”.
   
• Dr. Akinwumi Adesina, President, African Development Bank Group and Africa50 Board Chairman, said: “Africa can no longer be ignored. With a population projected to reach 2.5 billion by 2050, a growing middle class, and a booming consumer market, business spending is expected to reach $7 trillion by 2030, making Africa one of the most sought-after markets in the world.”
   
• Alain Ebobissé, CEO, Africa50, said: “I invite each one of us to think creatively about the future that we can build together and engage in the action required to shape the policies and projects of tomorrow, that will leave a lasting impact on the communities and environments we aim to serve.”
   
• Tshepidi Moremong, COO, Africa50, said: “It’s not only important that we make decisions but that we act on these decisions for our future. Today you will see action in motion as we sign agreements that support the growth of this continent.”