Professor Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN) and presidential candidate, has been named as the chairman of the board of directors of the Africa Private Sector Summit (APSS).
Judson Wendell Addy, the founder and outgoing Chairman of APSS, announced Moghalu’s appointment in a statement.
Wendell Add said Moghalu’s “international leadership experience, credibility, and networks will help advance the goals of APSS, as we proceed with the roll-out of the draft charter on private sector development, rights and protection of the environment in Africa [Private Sector Bill of Rights], across all of Africa’s five geographic regions plus diaspora.”
He said the objective is “to strengthen the private sector in African countries, attract increased business investment to the continent, and make strong contributions to enable the private sector to actively drive implementation of the Regional Economic Communities (RECs] and the African Continental Free Trade Agreement (AfCFTA) protocols in collaboration with the Pan Africa Chamber of Commerce and Industry (PACCI), the Africa Busines Council (AfBC) and other stakeholders.”
Speaking on his appointment, Moghalu said he is honoured to have been invited to chair the Board of APSS.
He promised that he would “work hard with African companies and other stakeholders, including governments and international organizations, to advance the critical role of the private sector in the structural transformation of African economies in the context of Africa’s economic integration and African Union’s Agenda 2063, our collective journey to the Africa we want.”
According to Gistlover, the group is a non-profit, pan-African, private sector-led organization with its headquarters located in Accra, Ghana, that encourages commerce and investment in the continent.
