Chambers can boost grassroots business development for...Chambers can boost grassroots business development for...

 
 
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Chambers can boost grassroots business development for NEPAD

By Avijit Mazumdar
Chairman of the World Chambers Federation

Avijit Mazumdar

The ambitious goals of the New Partnership for Africa's Development (NEPAD) will be realized if business can grow and flourish in Africa - not just the multinationals and big conglomerates, but the hundreds and thousands of small and medium-sized enterprises that are the lifeblood of the economy.

NEPAD will succeed in preparing the ground if the governments that support it do all the right things that have been recited at meeting after meeting throughout the year - banish or at least reduce conflicts, improve governance and economic management. In all these areas, it is for the governments to deliver.

What business can and will do is to mobilize its own networks in support of NEPAD, and especially those that serve the small traders, the shopkeepers, the local service providers and craftsmen who are the main suppliers of jobs. This is crucial, for the single most important ingredient for Africa's success in both political and economic terms is the creation of wealth through employment

The most widespread and influential of all those business networks is the chamber of commerce movement - which is well established in key parts of Africa and has a long tradition of service to business.

The great strength of chambers everywhere is that they form part of a global network enabling their members to seize business opportunities far beyond their borders. Chambers have expertise in essential areas for foreign trade, such as customs, tax regimes, providing economic information. They undertake specific export functions, like iss ues certificates of origin and ATA Carnets for the temporary admission of goods. They sponsor and receive trade missions and organize participation in trade fairs and exhibitions.

And the good news for Africa's business prospects is that the chambers themselves, not just in Africa, but throughout the world, have made enormous strides in making the most of their unique asset of universal presence and recognition.
They have achieved this through a specialized division of the International Chamber of Commerce, the World Chambers Federation (WCF).

The WCF is a focal point for chambers throughout the world, and stages a world congress every two years - the next one being in Quebec in September 2003, where a strong African presence is expected. In 2005, the World Chambers' Congress is scheduled to be held in an African country for the first time - a decision that reflects expectations for closer integration of the continent in the world economy.

At the end of this month, at ICC's African regional conference in Yaoundé, the WCF will present a public-private partnership proposal for strengthening chambers of commerce throughout Africa, one of NEPAD's stated objectives. We shall be inviting African chambers to join the WCF, as 200 of them have already done. The African Development Bank and relevant UN agencies would be ideal partners for a project on these lines.

WCF exactly meets the special needs of African chambers and responds to NEPAD's priorities for capacity building - one of those new pieces of jargon that simply means developing economic potential.

Through its extensive global support network, WCF enables chambers to exchange experiences and improve their performance. It enlists the expertise of long-established chambers to advise new chambers on possible service benefits for their members and how to set up the best structure for maximum effectiveness.

All these are skills that African chambers will need to sharpen as their members become more demanding and more competitive. WCF is ready to provide the necessary knowhow and network.

Avijit Mazumdar is Chairman, TIL Ltd, of Calcutta. He is
Former President, Associated Chambers of Commerce and Industry of India (ASSOCHAM)

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