Updated: February 26, 2021
At least 2000 delegates are expected to attend the second edition of the Africa Investment Forum in Johannesburg, South Africa, this week, organizers announced at a news conference.
The forum, to take place from 11 to13 November 2019, aims at raising capital, advancing projects, and accelerating financial closure of deals.
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“Last year we achieved remarkable results with over $ 36 billion of investments interests that were signed or closed. We are hoping that this year it is going to be even better,” said Vuyelwa Vumendlini, Deputy Director General of the National Treasury of South Africa.
According to Uduzi Mbapa, Senior Advisor to the Premier of Gauteng, the biggest take away from last year’s edition was the need for greater interconnection on the continent.
“In fact, many have been writing about Africa rising. Through this Forum, we are making sure that our continent does rise and it contributes to the growth of the world,” he said.
“The Africa Investment Forum is designed to be a transformative platform for deals across the continent. The Africa investment forum goes way beyond the three-day event starting Monday. It is continuous process of nurturing deals, projects preparation, deal closure, meeting boardrooms, but most importantly ensuring that those deals actually happen to impact the continent,” said Chinelo Anohu, Head and Senior Director of the Africa Investment Forum.
The Africa Investment Forum partners include Africa 50, Africa Finance Corporation, Africa Export-Import Bank, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank, Trade and Development Bank.
Victor Oladokun, Director of Communication and External Relations at the Bank, said the Forum’s agenda was simple.
“In a nutshell, the Africa Investment Forum has a very simple agenda that is tilting the flow of capital into Africa at a much greater level that we have experienced up to now.”