World Economic Forum Cancels Singapore Meeting, Proposes 2022

The much anticipated Special Annual Meeting by the World Economic Forum (WEF) has been cancelled over Covid-19 fears.

The statement by WEF on the cancellation read in part:

“The World Economic Forum has been preparing a Special Annual Meeting in Singapore to take place just three months from now.
Regretfully, the tragic circumstances unfolding across geographies, an uncertain travel outlook, differing speeds of vaccination rollout and the uncertainty around new variants combine to make it impossible to realise a global meeting with business, government and civil society leaders from all over the world at the scale which was planned. This is despite the excellent support provided by the Government of Singapore.
The next Annual Meeting will instead take place in the first half of 2022. Final location and date will be determined based on an assessment of the situation later this summer.
“It was a difficult decision, particularly in view of the great interest of our partners to come together not just virtually but in person, and to contribute to a more resilient, more inclusive and more sustainable world,” said Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. “But ultimately the health and safety of everyone concerned is our highest priority.”
We will continue to engage our increasing number of partners into our numerous work streams addressing the key issues on the global agenda through public private co-operation.”

Hot this week

Harmony Group CEO, Olusegun Adebayo, Bets on Lekki Growth with Launch of New Housing Projects

As demand for quality housing continues to rise across...

Mother Nature Is Speaking. Are We Listening?

Over the past few days, Lagos has witnessed severe...

Lagos Flooding Sparks Fresh Interest in Safer Property Investments as Experts Set for Three P Conference

The widespread flooding that recently disrupted homes, businesses and...

Nigeria’s Nuclear Ambitions Boosted as Akkuyu NPP Unit 1 Construction is Completed

Nigeria is steadily advancing toward the development of its...

NHIA, ‎PTAD, Universal Insurance Sponsor NAIPE 2026 AGM

‎The National Health Insurance Authority (NHIA),‎ Pension Transitional Arrangement...

Topics

IEI COO, Uyi Osagie, Lays Mother to Rest in Edo State

From 3rd Left: Chief Operating Officer, Uyi Osagie; Managing...

Access Bank Unveils 1st American Express Cards in Nigeria

  In maintaining its leadership status as Nigeria's most innovative...

Standard Bank Sponsors Multilateral UK-Africa Investment Summit

Standard Bank, Africa’s largest banking group by assets, is...

Stanbic IBTC PMI: Output Growth Quickens to 5-Month High

The end of the third quarter of 2022 saw...

Sovereign Trust Insurance Reports N687m Profit in 2020, Up 37%

Mr. Olaotan Soyinka Managing Director/CEO Sovereign Trust Insurance Plc In spite of...

West Africa Needs €30bn to Fix Energy Deficit

Christian Adovelande, President of the West African Bank for...