Economy
THE African Development Bank’s Africa Investment Forum, AIF, a game changer for financing Africa’s infrastructure development, is scheduled to take place at the Sandton Convention Centre, Johannesburg, South Africa from November 7-9, 2018.
Although brimming with investment opportunities, there is an urgent need to bridge the gap between Africa’s available capital and bankable projects. Financing Africa’s development needs will require an estimated US $600-700 billion per annum. Of this, about US $130-170 billion a year is needed for infrastructure, according to the African Development Bank’s African Economic Outlook 2018.
The bank is working with other multi-lateral development partners and stakeholders to ensure that the Africa Investment Forum becomes Africa’s key springboard for investment and for meeting the continent’s massive infrastructure and development needs.
The Africa Investment Forum, an innovative investment marketplace will bring together project sponsors, pension funds, sovereign wealth funds, private investors, policy makers, private equity firms, and heads of government to raise capital to advance Africa’s economic transformation agenda.
The Forum will be 100% transaction-based. The focus is on structuring deals, screening and enhancing projects, attracting co-investors, and facilitating transactions to unlock Africa’s multi-billion dollar investment opportunities.
Journalists wishing to attend the Forum are kindly requested to register at www.africainvestmentforum.com.
For media interviews with Akinwumi Adesina, the African Development president, the bank’s senior management team, and partners, please send a request to a.a.diallo@afdb.org.
– Oct. 9, 2018 @ 13:10 GMT |
Tags: Africa Investment Forum an initiative of the African Development Bank holds November
