African Business Roundtable, Afreximbank conclude masterclass webinar for investor preparation
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The African Business Roundtable (ABR), Africa’s foremost and continent-wide association of business and business leaders has concluded its free-to-attend webinar masterclass directed at the business community and with the purpose of sharpening project preparation skills to attract investor interest.
Sponsored by the African Import-Export Bank (Afreximbank), the event was held on the 28th of September to participants from all over the continent. Panelists included ABR members and policy and investor experts from Afreximbank, with opening remarks by Nana Amoto Mensah, Executive Director of C-NERGY Global Holdings, Ghana.
Nana Amoto Mensah: “Our purpose in these sessions is to demonstrate how good project/transaction preparation practices can change investor/lender perception of risk and how that translates into a reduction in pricing from 12% to less than 5%.”
Through these series of masterclasses that have been held all through the year 2022, ABR and Afreximbank seeks to trace the context and rationale for the series of transactions over a decade, analyzing how investor/lender interest has been nurtured and sustained.
Yusuf Daya, Director AU/AfCFTA Relations and Trade Policy, Afreximbank: “We have found it necessary to explore the various transaction structuring mechanics, deal negotiation and key selling points we applied to generate lender interest, leading to the oversubscription of a transaction which hitherto, struggled to gain attention.”
Also representing Afreximbank was Mr. Nafal Hassani Mohamed, Manager, Project Preparation. Participants of the webinar were able to draw from his experience in this unique field as he demonstrated, using real case studies, the remarkable difference that the right preparedness can have on the outcome of a project.
Other panelists present in the webinar included Dr. Mohamed El-Sahili, Country Director for African Business Roundtable and CEO of Medland Hospital, Zambia
Jones Kyere, Institutional Investor and Project Finance expert, Ghana, and
Toure Massogbe, President & General Manager, SITA Group, Côte d’Ivoire, who made the closing remarks.
“We conclude this session satisfied that we are on the right track toward equipping our professionals with the critical skills for proper project preparation. We are also pleased to announce that African Business Roundtable, of which I am a proud member, will be launching its 30th Anniversary Commemorative Book in the coming weeks. Our Secretariat is making the necessary preparations and we will be following up soon with more details,” concluded Ms. Massogbe.
About the African Business Roundtable
The African Development Bank Group set up the African Business Roundtable in 1990. Today the ABR is Africa’s foremost and continent-wide association of businesses and business leaders, and is the representative of the African Business Society to the United Nations. An independent, non-partisan, non-profit private sector funded organization, The African Business Roundtable is an NGO in Special Consultative Status with the Economic and Social Council of the United Nations (ECOSOC) and is the only organization representing the African Private Sector within ECOSOC.
About the African Export-Import Bank
The African Export-Import Bank, also referred to as Afreximbank, is a pan-African multilateral trade finance institution created in 1993 under the auspices of the African Development Bank. It is headquartered in Cairo, Egypt. Afreximbank's vision is to be the trade finance bank for Africa.
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