Jadesimi was one of the five global leaders who spoke on the opening panel of
the ongoing Global Female Leaders Summit 2019 (GFL) in Berlin.
for the 6th time.
continent of Africa has broadly experienced 4 different ages of globalization:
Exploration, Exploitation, Expropriation, and Exchange.
just beginning. To succeed it requires trade between equals, i.e. a level
playing field through which all participants, from nation states to private
countries and companies in Africa need to invest in and develop higher local
capacity and quality within sustainable business models. This is already
happening at companies such as LADOL and will lead to a significant increase in
the global GDP, as well as decreases in inequality and increases prosperity,”
Globalisation requires the World Trade Organisation (WTO) and high income, low
growth countries to recognise that current trade policies were not designed to
lead to equality and prosperity for all.
to decrease poverty and increase both the spread and size of global wealth
dramatically. Therefore, institutions such as WTO need to promote and execute
new policies for global trade.
immediately put in place new laws to protect Intellectual Property (IP) before
wealthy countries will trade with them.
countries develop home-grown IP to support their own market to a level that
makes them globally competitive and therefore better trading partners. Such
countries will then naturally put in place laws to protect this “home-grown”
and international IP, while also adding to global prosperity, creating
thousands of jobs and new innovations that will move the whole world forward.”
to global instability – collaboration is required on a fundamental level,
particularly between governments and institutions to create new economy,
sustainable technologies and business strategies.”
the current global trade practices would further entrench a status quo that is
undermining previous gains made through trade for high income countries. As
well as increasing inequality across the world and making it harder for
countries in Africa to lift their people out of poverty.
support the indigenous private sector in Nigeria and allow it to operate, add
value and grow – when our private sector is the same size as the public sector
Nigeria we will be part of the G20.”
formation and positive impact of the EU on its member states, including the
fact that the EU protected its markets from non-EU countries until it had
reached a certain level of industrialisation.
develop Africa, as long as look inward and develop African capacity for
engineering, manufacturing and trading within the AU,” she said.