The three-day annual World Economic Forum's (WEF)Africa summit will this year, again, focus on the New Partnership for Africa's Development (Nepad), the continent's bold economic recovery plan.
The meeting, at Durban's International Convention Centre, is expected to attract more than 650 African and foreign delegates.
The WEF will also unveil a competitiveness report that ranks 21 African countries in terms of corruption and good governance.
Haiko Alfeld, the WEF director for Africa, says the summit is about putting in place clear and realistic timeframes for roll out, action and review.
South African President Thabo Mbeki - one of the architects of Nepad --leads a strong government delegation from this country, which includes Deputy President Jacob Zuma, Finance Minister Trevor Manuel, and Health Minister Manto Tshabalala-Msimang.
Kenyan President Mwai Kibaki and Mozambique President Joaquim Chissano are scheduled to speak at the opening plenary session at 2.30pm, which will deal with Africa's response to global challenges such as the war on terrorism, and in Iraq.
Also due to attend the summit are the President of Madagascar, Marc Ravalomanana, and World Bank executive director Paulo Gomes.
The meeting has attracted CEOs from a number of major African and international corporations with business interests on the continent. – Sapa.
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