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AERC Participates in the “G7 and Africa: Think Tank Summit in Rome”

Prof. Lemma Senbet, the AERC Executive Director, recently participated in a high level policy working group convened in Rome on May 5, 2017, in preparation for the upcoming G-7 meeting in Italy. The group was hosted by the Italian Presidency, the Ministry of Foreign Affairs, and ISPI. It included heads of selected think tanks (T7) and other high level representatives from G-7 countries. G-7 is a group of seven member countries: United States of America, Germany, United Kingdom, Italy, France, Japan, and Canada.

The G7 summit is a forum that plays an important role in shaping global responses to global challenges, complementing the global economic coordination carried out by the G20. It brings together leaders from Canada, France, Germany, Italy, Japan, the United Kingdom, the United States and the European Union (EU). Italy holds the 2017 presidency, and Africa is on this year’s meeting agenda.

Prof. Senbet led the discussion on innovation in innovation at the Rome meeting. At closing, he reported the outcomes of the deliberations on innovation to the G7 Italian Sherpa, who will transmit the key messages to the G-7 meeting. AERC Executive Director said that “Africa’s economic Renaissance should be more inclusive and sustainable” (see video):

On May 5, 2017, in the context of the G7 “engagement groups” promoted by Italy’s Presidency of the G7, ISPI organized the Think Tank 7. The high–level panel involved representatives and experts from the G7 and selected African think tanks.  The conference, promoted with the support of the Italian Ministry of Foreign Affairs and International Cooperation, focused on Africa and addressed three key issues related to Agenda 2030: food security, innovation and mobility. The goal of the debate was to identify key areas where the G7 could bring added value. The critical points raised in the Think Tank Summit were then reported to the Italian Sherpa in charge of the preparatory process for the G7 Summit in Taormina.
About AERC

African Economic Research Consortium (AERC), established in 1988, is a premier capacity building institution in the advancement of research and training to inform economic policies in sub-Saharan Africa. It is one of the most active Research and Capacity Building Institutions (RCBIs) in the world, with a focus on Africa. AERC’s mission rests on two premises: First, that development is more likely to occur where there is sustained sound management of the economy. Second, that such management is more likely to happen where there is an active, well-informed cadre of locally-based professional economists to conduct policy-relevant research. AERC builds that cadre through a programme that has three primary components: research, training and policy outreach. The organization has now emerged as a premier capacity building network institution integrating high quality economic policy research, postgraduate training and policy outreach within a vast network of researchers, universities and policy makers across Africa and beyond. AERC has increasingly received global acclaim for its quality products and services, and is ranked highly among global development think tanks.
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For more information about this workshop or AERC, please contact:

The Executive Director
African Economic Research Consortium (AERC)
Middle East Bank Towers, 3rd Floor, Jakaya Kikwete Road,
Tel: (+254-20) 273-4150 / 273-4157
Fax: (+254-20) 273-4173
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