WEF will be showcase to nation’s renaissance, create market link

Addis Ababa, April 21, 2012 (WIC) - World Economic Forum (WEF) to be hosted by Ethiopia soon would help showcase the renaissance of the nation and create market link to the business community.

In a joint conference they gave here on Friday in connection with WEF, Foreign Affairs Ministry spokesperson, Ambassador Dina Mufti, Deputy Prime Minister Advisor, Prof.

Mekonnen Hadis and Government Communication Affairs Office Head, Motuma Temesgen said the Forum is an opportunity to promote the image of Ethiopia.

More than 200 foreign journalists and 700 participants will converge in Addis Ababa to attend the Forum to be held under the theme'' Shaping Africa's Transformation''.

Ethiopia is elected to host the Forum on the previous meeting held in Cape Town, South Africa for its speedy development and reliable peace and stability, they said.

The officials said Ethiopia is among the 10 countries of the world, of whom seven are in Africa, that register speedy economic growth.

They said the theme of the forum indicates that promising transformation is taking place in Africa.

A nine-member committee organized for the facilitation purpose is undertaking preparation to provide the Forum with reliable services including telecommunication, power and transportation.

They called on the public at large to contribute their share for the successful completion of the Forum.

Based in Geneva, Switzerland the Forum was formed in 1971 as European Management Forum which was later ,1987, changed to World Economic Forum and started operating under the motto’’ entrepreneurship in the global public interest''.

According to ENA, currently it has broaden its vision further and convenes top business and international political leaders, selected intellectuals and journalists to discuss the most pressing issues facing the world.