BREAKING: Few Days After Suggesting The Only Way To Fix Naira, Moghalu Gets Fresh Appointment

BREAKING: Few Days After Suggesting The Only Way To Fix Naira, Moghalu Gets Fresh Appointment

Former Deputy Governor of the Central Bank of Nigeria (CBN) and Presidential Candidate, Professor Kingsley Moghalu, has been named the Chairman of the Board of Directors for the Africa Private Sector Summit (APSS).

The APSS is a pan-African, private sector-led non-profit organization based in Accra, Ghana, dedicated to promoting trade and investment within Africa.

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In the announcement of Moghalu’s appointment, Mr. Judson Wendell Addy, the founder and outgoing Chairman of APSS, highlighted Moghalu’s extensive international leadership experience, credibility, and networks, which will greatly contribute to the organization’s objectives.

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These include advancing the draft charter on private sector development, rights, and environmental protection in Africa (Private Sector Bill of Rights) across all of Africa’s five geographic regions, as well as the diaspora.

The primary goal is to bolster the private sector in African nations, draw increased business investments to the continent, and play a significant role in empowering the private sector to actively facilitate the implementation of the Regional Economic Communities (RECs) and the African Continental Free Trade Agreement (AfCFTA) protocols. This will be done in close collaboration with the Pan Africa Chamber of Commerce and Industry (PACCI), the Africa Business Council (AfBC), and other key stakeholders.

In accepting his appointment, Moghalu expressed his honor at being chosen to lead the Board of APSS. He pledged to work closely with African companies, governments, international organizations, and other stakeholders to advance the pivotal role of the private sector in driving the structural transformation of African economies, aligning with Africa’s economic integration and the African Union’s Agenda 2063 — a shared vision for the future of Africa.

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