Fourth Annual Bloomberg New Economy Forum Convenes Over 50 African Delegates in Finance, Trade, Climate and Health Sectors

The Bloomberg New Economy Forum kicked off Tuesday in Singapore convening over 495 participants in-person and virtually including public and private sector leaders from around the world, including representatives from Africa to contribute to new thinking on pathways toward a global recovery as the world reels from the impact of the COVDI-19 pandemic. 

“The global economic challenges deepened by the pandemic bring a special level of urgency to this year’s New Economy Forum,” said Michael R. Bloomberg, Founder of Bloomberg L.P. and Bloomberg Philanthropies. “The quick transition from COP26 to the Forum gives us a unique window of opportunity — and we plan to seize it, by working together to accelerate our recovery in ways that build a stronger, healthier and sustainable economy.” 

The 2021 Forum’s plenary panel sessions and breakout discussions are built around the themes of Rebuilding the Global Economy, Innovating Out of Crisis and Navigating a Divided World.  The discourse through the Forum will be centered around  — Finance, Climate, Trade, Cities and Health. 

Also joining from the Forum’s new, innovative group of Bloomberg New Economy Catalysts are Mayor Yvonne Aki-Sawyerr OBE (Mayor of Freetown, Sierra Leone), Shamim Nabuuma Kaliisa (Founder and Executive Director of Chil Artificial Intelligence Lab, Uganda), Alloysius Attah (Chief Executive Officer and Co-Founder, Farmerline, Ghana), Nthabiseng Mosia (Co-Founder, Easy Solar, Sierra Leone) and others. 

Singapore’s Minister for Trade and Industry Gan Kim Yong said, “The Bloomberg New Economy Forum is an important event for Singapore as it brings key government, business and thought leaders together to address challenges of the future, share ideas and discuss solutions. Singapore is pleased to host the event here physically despite the pandemic, affirming Singapore’s role as a leading business events capital, and a global node for MICE and businesses. The Government will continue to support the MICE industry as it adapts and transforms to unlock new value and business opportunities. We are working with the Bloomberg team to ensure a safe and fruitful forum.” 

“The Bloomberg New Economy Forum in Singapore will provide a platform for action – not just debate – while also modeling a blueprint for safe, yet highly networked, in-person convening,” said Justin B. Smith, CEO of Bloomberg Media and Executive Chair of Bloomberg New Economy. “We’ve never seen such a sense of urgency among global leaders to get together and mobilize solutions. This spirit of collaboration crosses all business segments and, most encouragingly, governments from both developed and developing economies.”  

Included among the more than 300 delegates, hailing from 51 different countries, scheduled to attend the New Economy Forum are Mike Bloomberg (Founder of Bloomberg LP and Bloomberg Philanthropies and former three-term Mayor of New York City),Werner Baumann (CEO of Bayer), Ian Bremmer (Founder and President of Eurasia Group and GZERO Media)Shou Zi Chew (CEO of TikTok), Stacey Cunningham (President, NYSE Group), Natarajan Chandrasekaran (Executive Chairman of Tata Sons), Sarah Friar (CEO of Nextdoor, Inc.), Yu Liang (Chairman of Vanke), Lee Hsien Loong (Prime Minister of Singapore), Catherine MacGregor (CEO of ENGIE),  Michael Miebach (CEO of Mastercard), Geoffrey Martha (Chairman and CEO of Medtronic), His Excellency Khaldoon Khalifa Al Mubarak (Managing Director and Group CEO, Mubadala Investment Company), Nandan Nilekani (Chairman and Co-Founder of Infosys Limited),Noel Quinn (Group Chief Executive of HSBC), Gina Raimondo (U.S. Secretary of Commerce), Lynn Forester de Rothschild (Founding and Managing Partner of Inclusive Capital Partners), Dan Schulman (President and CEO of PayPal),David Solomon (Chairman and CEO of The Goldman Sachs Group, Inc.), Martin Shanahan (CEO of IDA Ireland), Bob Sternfels (Global Managing Partner of McKinsey & Company), Laurence Tubiana (CEO of the European Climate Foundation) and Axel Weber (Chairman of UBS Group). 

The forum is collaborating closely with the Singapore Government on protocols to provide a safe environment for its in-person delegates, enabling them to focus on the discussions around the positive work of connecting developed and developing economies, as various global dynamics threaten to exacerbate national rivalries and divisions. Delegates will need to be fully vaccinated1 and will undergo mandatory daily pre-event testing. To ensure a safe environment for the delegates to meet in, necessary measures to ensure health and safety will be applied, including the deployment and use of TraceTogether(TT)-only SafeEntrycheck-in and mandatory mask wearing while maintaining one metre safe distancing between individuals. 

The 2021 forum is presented in partnership with Bayer, ExxonMobil, HSBC, Hyundai Motor Company, Mastercard, Tata Sons, and Vanke. McKinsey and Company is the exclusive knowledge partner, and IDA Ireland and the Republic of Panama join as Spotlight Economy Partners, with Singapore as the Official Host Country Partner. 

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