Nairobi, Kenya — Africa is poised to showcase its potential as a global economic powerhouse at the inaugural World Chambers Federation (WCF) Africa Summit, set to take place from April 9 to 11, 2025, at the Kenyatta International Convention Centre (KICC) in Nairobi, Kenya. Under the theme “Africa’s Global Future: Integrated, Innovative, and Sustainable,” the summit aims to tackle some of the continent’s most pressing economic challenges while positioning Africa as a major player on the global trade stage.
The WCF Africa Summit will serve as a platform for leaders, entrepreneurs, and policymakers from over 70 countries to collaborate on advancing regional integration, unlocking investment opportunities, and exploring sustainable business practices that will shape Africa’s economic future. Bringing together over 500 small and medium-sized enterprises (SMEs), more than 300 entrepreneurs, heads of state from across Africa, government officials, and global investors, the summit will foster discussions around the role of innovation, sustainability, and inclusivity in driving economic growth.
John Denton, Secretary General of the International Chamber of Commerce (ICC), highlighted the significance of the summit, stating, “This is the first ever WCF Summit to be held in Africa. It presents a unique opportunity for leaders from across the globe to unite, exchange ideas, and collaborate on strategies that will create lasting economic impact.”
A major focus of the summit will be on advancing Africa’s trade and investment landscape, especially through the African Continental Free Trade Area (AfCFTA). The summit’s agenda will include discussions on boosting intra-African trade, which is projected to grow by 52.3% and add $450 billion to Africa’s GDP by 2035. Additionally, efforts to increase foreign direct investment (FDI) and promote Africa’s diverse sectors—ranging from tourism to manufacturing—are expected to drive substantial economic activity and opportunities for collaboration.
One of the key outcomes anticipated from the summit is the generation of over Kes 1 billion in investment commitments through trade partnerships and collaborative ventures. With Africa’s industrial sector contributing 22% to its GDP, the summit will be a pivotal moment in attracting global capital and expertise to the continent.
“The summit provides an unparalleled opportunity for SMEs in Africa to access global markets and funding,” said Dr. Erick Rutto, President of the Kenya National Chamber of Commerce and Industry (KNCCI), and Chairman of the International Conference of Great Lakes Region Private Sector Forum. “By empowering these businesses with the resources and connections they need, we are fostering a more resilient and competitive African economy.”
The role of SMEs in driving Africa’s economic growth cannot be overstated. The summit’s focus on providing these businesses with access to global markets, mentorship, and funding will be critical in ensuring their long-term success. In turn, the growth of SMEs is expected to generate job opportunities and contribute to the economic resilience of the continent.
Uganda’s delegation to the WCF Africa Summit will be led by Olive Kigongo, the President of the Uganda National Chamber of Commerce and Industry (UNCCI), who emphasized the significant benefits the event offers for Uganda’s business community. “The WCF Africa Summit is a game-changer for Ugandan businesses, particularly SMEs,” said Kigongo. “The summit will open doors for Uganda’s SMEs to forge partnerships, access new markets, and secure much-needed investment. It’s an invaluable opportunity to connect with global investors and businesses that can help drive Uganda’s economic growth.”
Through active participation, Uganda’s SMEs will gain insights into global market trends, innovation, and sustainable practices. The summit will also provide a platform for these businesses to showcase their products and services to a global audience, increasing their chances of securing international partnerships and expanding their reach. Furthermore, the Uganda National Chamber of Commerce and Industry itself will benefit from the exposure, as it strengthens its relationships with other chambers across Africa and the world, reinforcing its role as a key player in the global trade network.
The summit will also spotlight Africa’s efforts to align with global sustainability goals. As the world’s second-largest and fastest-growing continent, Africa is already a critical player in the global fight against climate change, despite contributing only 3.8% of global emissions. With sustainable business practices and green technologies taking center stage, the summit will encourage a shift toward eco-friendly trade and investment models.
AfCFTA, which unites 1.3 billion people across 54 African countries with a combined GDP of $3.4 trillion, will be a focal point in the discussions. The initiative is expected to significantly boost regional trade and position Africa as a formidable economic bloc in the global market. The summit will explore how regional integration, public-private partnerships, and innovations in technology can help meet Africa’s substantial infrastructure needs, estimated at $130–$170 billion annually.
“This summit will not just be a conference, but a turning point in Africa’s economic trajectory,” said Toki Mabogunje, WCF Vice-Chair, Africa and Past President of the Lagos Chamber of Commerce and Industry, Nigeria. “By deepening regional integration and empowering African voices, we are paving the way for Africa to take its rightful place in the global economy.”
The WCF Africa Summit 2025 promises to be a landmark event in Africa’s economic development, accelerating the continent’s growth trajectory through innovative collaborations, regional integration, and sustainable practices. It’s a critical step toward ensuring Africa’s role in shaping the future of global trade and investment.