President Evo Morales Headlines Anti-Capitalist World Social Forum kick off in Senegal

In this picture taken on Tuesday, Oct. 26, 2010, Iranian President Mahmoud Ahmadinejad, left, holds the hand of his Bolivian counterpart, Evo Morales, prior to a friendly Fursal, in Tehran, Iran. (AP Photo/ISNA, Amir Kholousi)

Bolivian President Evo Morales will usher in this years anti-capitalist World Social Forum in Senegal, by attending and speaking at the opening ceremony march, Sunday afternoon.

The event is in its 11th year and serves as an annual counterweight to the World Economic Forum which recently concluded in Davos, Switzerland.

The forum defines itself as an open space where those "opposed to neo-liberalism and a world dominated by capital or by any form of imperialism come together to pursue their thinking." As this year's event is being held in Senegal, many of the discussions will revolve around the role of imperialism in Africa.

Morales is expected to take part in the march in the Senegalese capital late Sunday afternoon.

After the opening ceremonies, up to 50,000 participants are expected across the city to debate and propose alternatives to what organizers call "the crisis of the capitalist system."

The presidents of Bolivia, Evo Morales, Venezuela, Hugo Chávez, Boni Yayi of Benin, Alpha Conde of Guinea and former Brazil leader Luiz Inacio Lula da Silva are expected to attend.

Based on reporting by the Associated Press.