Africa Private Sector Summit appoints Kingsley Moghalu as advisory board chair
The Africa Private Sector Summit, APSS, a pan-African private sector-led non-profit organisation, has announced the appointment of Kingsley Moghalu as chairman of its Advisory Board and Executive Board.
This was contained in a statement signed by the outgoing chairman of the board, Judson Wendell-Addy.
He said Mr Moghalu will serve as the chairperson of both the advisory and executive boards.
With its headquarters in Accra, Ghana, the organisation promotes trade and investment in the African continent.
While expressing the delight of the summit to have Mr Moghalu lead the board, Mr Addy said his international leadership experience, credibility, and networks will help advance the goals of APSS to strengthen the private sector in African countries and attract increased business investment.
“The Africa Private Sector Summit is delighted to welcome Kingsley Moghalu as its new Board Chair.
“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 the 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 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 Business Council, AFBC, and other stakeholders.”
The statement also reflected Mr Moghalu’s excitement in accepting the appointment.
The former CBN deputy governor vowed to work with his colleagues and other stakeholders to advance the critical role of the private sector in the structural transformation of African economies.
“I am honoured to have been invited to chair the Board of APSS.
“In collaboration with board colleagues and the executive leadership team, I will work hard with African companies and other stakeholders, including governments and international organisations, 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,” Mr Moghalu said.
The APSS is leading the continent’s private sector and other stakeholders via an ecosystem-based approach, leveraging the African philosophy of Ubuntu, to develop a private sector bill of rights, for an enabling business environment in Africa.
