‘Growth a necessity for economies to thrive,’ says President

By ZBC Reporter

This morning, President Emmerson Mnangagwa attended a breakfast meeting organised by the World Economic Forum  on how the continents’ ambitions can be met as Africa looks to rebound from the Covid 19 pandemic.

Speaking during the meeting, President Mnangagwa stressed the importance of growth for the survival of economies and organisations.

“Growth is necessary for organisations and economies to survive, thrive, and be strong, sustainable, and inclusive,” said the President.

The President also noted that self-sufficiency is a key driver to industrialisation.

“Finding solutions will require innovation and collaboration, within and across institutions accelerating the ability to grow through financing and attracting investment.

“Accelerating the continent’s (Africa) digital transformation; spurring innovation and self-sufficiency as a key driver to industrialization.”

After a virtual forum in 2021 and the postponement of this year’s in-person event due to the Omicron variant, the WEF returned to its Davos den on Monday under the theme “History at a Turning Point”.

The forum is running until May 26.