The Africa Private Sector Summit (APSS), a Pan-African, Private Sector-led Non-Profit organization that promotes Trade and Investment in Africa and is headquartered in Accra, Ghana, has announced the appointment of Professor Kingsley Moghalu of Nigeria, as the new Chairman of its Board of Directors.
SOLACEBASE reports that Professor Moghalu, one of Africa’s eminent political economists and development practitioners, served as Deputy Governor of the Central Bank of Nigeria from 2009 to 2014, and subsequently as Professor of Practice in International Business and Public Policy at Tufts University’s Fletcher School of Law and Diplomacy in Massachusetts, USA.
This was contained in a letter signed by Mr. Judson Wendell Addy, Outgoing Chairperson and founder, Africa Private Sector Summit (APSS) LBG
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The letter said Moghalu is the CEO of Sogato Strategies LLC, a macroeconomic, investment, and geopolitical risk consultancy, and the President of the Institute for Governance and Economic Transformation (IGET), a public policy think tank.
‘’Moghalu previously worked in the United Nations System for 17 years, rising to the rank of Director. He is the author of several books including Emerging Africa: How The Global Economy’s Last Frontier Can Proper and Matter. “The Africa Private Sector Summit is delighted to welcome Kingsley Moghalu as its new Board Chair”, said Mr. Judson Wendell Addy, Founder and outgoing Chairman of APSS, a Liberian-born citizen, a retired International.
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Business Entrepreneur and Pan-Africanist. “His international leadership experience, credibility, and networks will help advance the goals of APSS, as we proceed with the rollout of the draft Charter on Private Sector Development, Rights and Protection Environment in Africa [Private Sector Bill of Rights], across all of Africa’s five geographic regions plus diaspora. 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 the implementation of the Regional Economic Communities (RECs] and the African Continental
Reacting to the appointment, Prof. Moghalu expressed happiness over the appointment in a statement issued on Thursday.
“In collaboration with board colleagues and the executive leadership team, I will 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”.
The APSS is leading the continent’s private sector and other stakeholders via an Eco-system-based approach, leveraging the African philosophy of Ubuntu, to develop a Private Sector Bill of Rights, for an enabling business environment in Africa.
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