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Oslo – About 400 African and Nordic leaders, including more than 20 ambassadors from Africa, Norway, Sweden, Finland and Denmark gathered in Oslo on Thursday to discuss how Nordic expertise could be linked with African opportunities.
This is the fifth consecutive year the Nordic-African Business Summit takes place. It is hosted by the Norwegian-African Business Association (Naba) and is regarded as the largest Nordic-African business summit.
The parallel sessions focused on case studies within chosen sectors, namely finance, renewable energy, agriculture, ITC, fisheries, oil and gas.
The African continent hosts the world's youngest, fastest growing urban population, and Africa's economy must facilitate rapid growth and change in the coming years. This is why "Nordic competence linked to African opportunities" is the main theme at this year's Nordic-African Business Summit.
“Norway is committed to build further trade relations with the African continent. The Nordic-African Business Summit is one of the initiatives that helps Nordic industries navigate the new investment landscape in African countries," said Monica Mæland, Norwegian Minister of Trade and Industry.
According to Eivind Fjeldstad, managing director of Naba, the Norway-African Business Summit started with a simple idea in 2010: "If we brought African and Norwegian business leaders together to share experiences, knowledge would increase, investments would accelerate and jobs would be created. Today, in its fifth consecutive year, the biggest Nordic-African Business Summit hosts 400 participants from the Nordic and African markets."
Due to its great success, the Norwegian-African Business Summit has now become the Nordic-African Business Summit, added Fjeldstad.
For Øystein Botillen, manager global initiatives for Yara and Naba chair, Naba has since its establishment in 2011 become an important, vibrant and influential meeting place for Norwegian companies and other stakeholders committed to doing business in Africa.
"To Yara, Naba has provided a valuable meeting place from which we could build on our partnership approach to finding solutions in our African engagement. The drive and energy of the Naba team has helped set the stage and created a great forum where we together can advance the promotion of more and better business in Africa,” said Botillen.
