World Economic Forum series of research reports and engages its members in sector-specific initiatives. There have been many other international conferences nicknamed with "Davos". However, the World Economic Forum objected the use of "Davos" in such contexts for any event not organised by them. This particular statement was issued on 22 October 2018, a day before the opening of 2018 Future Investment Initiative (nicknamed "Davos in the desert") organised by the Public Investment Fund of Saudi Arabia. The WEF was founded in 1971 by Klaus Schwab, a German-born business professor at the University of Geneva. First named the "European Management Forum", it changed
16th World Economic Forum on Africa addition to examining the impact of the expanding Chinese and Indian economies on the rise of commodity prices in Africa, the summit addressed several specific economic, developmental, and financial initiatives: 16th World Economic Forum on Africa The 16th World Economic Forum on Africa: Going for Growth was a World Economic Forum economic summit meeting held in Cape Town, South Africa, from May 31 to June 2, 2006. The summit was attended by some 650 political and business leaders from 39 countries, focusing particularly on rapidly increasing African commodity prices. It also examined issues relating to the promotion of investment, improving