Africa Investment Forum highlights continent’s immense investment opportunities
13-06-2022 08:49:00 | by: Marlene Mutimawase | hits: 2042 | Tags:

Thirty-eight global investors representing $200 billion in assets under management expressed strong interest in pipeline projects of the Africa Investment Forum during a roundtable held on the sidelines of the 2022 Milken Global Conference in May.  

The event, which took place in Los Angeles in May 2021, showcased billions of dollars in potential investments in energy, infrastructure, urban development, health, information and communications technology, the creative sector, and green investments. These are all strategic priorities of the Africa Investment Forum.

During the investment roundtable, Africa Investment Forum’s Senior Director Chinelo Anohu made a presentation on the platform’s key pillars. These are advancing deals to bankability, raising capital, and accelerating deals to closure.

Among the  potentially transformative transactions featured during the session were an infrastructure project to develop pharmaceutical and healthcare industries in Senegal, and an urban development project in Rwanda.  Energy projects in Mozambique, Nigeria, Ethiopia and the Republic of Guinea were also presented, as were potential investments involving a women-led private equity fund with a focus on small & medium enterprises (SMEs) across Southern Africa. 

The roundtable – which attracted financial managers, investors, philanthropists and CEOs from around the world – was part of a series of events the Africa Investment Forum is organizing in 2022 to drum up investor interest in its Market Days to be held later this year.

During the African Development Bank’s recent Annual Meetings, held in Accra, Ghana, the Africa Investment Forum held a roundtable that showcased four transport infrastructure deals, four transactions focused on energy and power and two Ghanaian deals in transport services, and health.

In March 2022, the Africa Investment Forum held a virtual boardrooms event that  drew $32.9 billion in investment interest across thirty-one bankable deals. The deals covered a range of national and regional projects, and sectors such as healthcare, agriculture, information and communication technology, education, energy, media and entertainment, urban development, infrastructure, and transport.

The next Africa Investment Forum Market Days, to be held in Abidjan, Cote d’Ivoire, 2-4 November 2022, will accelerate these boardroom deals to closure. Invited participants, including project sponsors and decision-makers, will be presented with a pipeline of deals that are ready for investment. 

The Africa Investment Forum is Africa’s premier investment marketplace to accelerate transactions to close Africa’s investment gaps. It is an initiative of the African Development Bank and seven partner institutions: Africa 50, Africa Finance Corporation, Afreximbank, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank and Trade and Development Bank.