The investor forum is a whole day dedicated to exhibiting Africa’s investment potential and displaying investment-ready projects, with the topic “Unlocking Investment and Accelerating Deal Flow in Africa.” Agriculture, Logistics, Technology, and Tourism will each have their parallel sessions.
Seven Heads of Government attended the opening ceremony of the IATF, Africa’s largest in-person business-to-business (B2B) and business-to-government (B2G) event of the year. The message was loud and clear: there is political will and commitment to make the African Continental Free Trade Agreement a success, and growing intra-African trade and investment is at the heart of this.
Three days of debates and discussions were held at the IATF to help address trade barriers such as the cost of shipping products and cross-border payments. Read more.
The Afreximbank African Collaborative Transit Guarantee Scheme (AACTGS) and the Pan-African Payments and Settlements System are two products developed by Afreximbank to address these structural concerns (PAPSS).
A full day of discussions is also taking place, with a focus on the automotive and pharmaceutical industries to assist expand domestic production.
The investor day will focus on African investment prospects and unlocking cross-border investment by African national champions, focusing on a few key industries and learning from investors and firms committed to and invested in Africa.
Ms. Bogolo Joy Kenewendo, Global Economist at Kenewendo Advisory and former Botswana Minister of Trade, and Mr. Amr Kamel, Executive Vice President, Business Development & Corporate Banking at Afreximbank, are confirmed speakers.
Mr. Akol Ayii, the founder and chairman of Trinity Energy; Mr. Paulo Gomes, the chairman of Orango Investment Corporation; Ms. Ndiarka Mbodji, Founder & Chief Executive Officer of Kowry Energy; and Mr. Abdou Souleye Diop, Managing Partner, Mazars are among the other speakers.
“I’ve always believed in the formation of national champions and the role of these national champions in attracting private sector investment throughout the continent. We’re seeing it, but it’s still far too uncommon. Moreover, the pandemic has underlined the importance of being self-sufficient, necessitating cross-border collaboration, according to Omar Ben Yedder, the Investment Forum’s project head and publisher of African Business magazine.
“This Investment Forum is founded on the same spirit of cooperation,” he continued, “bringing together projects from around the continent to present Africa’s investment potential.”
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