Sidig Faroug el Toum Is The New CEO Of Africa Prosperity Network

Sidig Faroug El Toum has been appointed as the Chief Executive Officer (CEO) of the Africa Prosperity Network (APN), the continent’s premier organization tasked with advancing the Africa Continental Free Trade Area (AfCFTA) and Africa’s single market by enlisting the private sector for shared ownership of the project. His appointment takes effect on January 1, 2025.

The appointment of El Toum strengthens APN’s resolve to work with all stakeholders to accelerate Africa’s economic transformation through improved collaboration and strategic alliances.

“As we continue to drive our mission of making Africa work for Africans, Sidig Faroug El Toum’s appointment strengthens our capacity to facilitate meaningful dialogue and action towards continental prosperity,” said Gabby Asare Otchere-Darko, the Founder and Executive Chairman of APN.

“His extensive experience in international development and proven track record in fostering cross-border collaboration aligns perfectly with our vision of an interconnected, prosperous Africa.”

As APN grows its role in promoting intra-African trade and facilitating the implementation of the African Continental Free Trade Area (AfCFTA), especially with the upcoming Africa Prosperity Dialogues (APD) in 2025, Sidig Faroug El Toum joins the organization at a pivotal time.

His appointment will solidify APN’s standing as the premier forum for bringing together business executives, legislators, and African leaders in order to promote continental economic integration.

Over the course of his illustrious career, which has lasted more than 20 years, Mr. El Toum has proven to be exceptionally skilled at managing intricate multi-stakeholder programs throughout Africa and organizing high-level diplomatic initiatives.

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His work with UNICEF and the Centre for Humanitarian Dialogue in Geneva has given him invaluable experience in fostering consensus and enacting revolutionary change in a variety of African contexts.

“I am honoured to join this visionary organisation that has established itself as a crucial catalyst for Africa’s economic transformation.

“Together with our partners and high-level Advisory Council, we will strengthen APN’s role in facilitating the dialogue and collaboration necessary to realise the full potential of the AfCFTA and accelerate Africa’s journey to prosperity.”

The annual Africa Prosperity Dialogues series, which brings together heads of state, senior government officials, business executives, institutional heads, and policy experts to advance workable solutions for Africa’s prosperity, is one of APN’s flagship initiatives that will be strengthened under Sidig Faroug El Toum’s direction.

His knowledge will be crucial to increasing APN’s influence in important fields like:

“Strengthening implementation of the AfCFTA through enhanced public-private sector dialogue, Facilitating strategic partnerships between African nations and businesses, Promoting innovation and knowledge exchange across the continent, Advancing policy frameworks that support intra-African trade and investment and Building capacity for regional economic integration.”

Credit: Asaase radio