Hundreds of CEO’s will gather in South Africa next month for this year’s Africa Investment forum. The forum will take place from November 7- 9 Gauteng.
The African Development Bank which is organizing the forum is upbeat the forum will be Africa’s premier investment market place.
Its recent African Economic Outlook 2018 indicates that Africa’s infrastructure requirements amount to US $130-170 billion a year.
The African Development Bank wants to actively engage the private sector at the forum. It is hoping the forum also helps to facilitate projects that have the capacity to transform the continent.
Africa Investment Forum (AIF) is designed to enhance private-sector cooperation and drive investment in sectors of strategic interest within Africa.
“This is not a talk shop. There will be no political speeches. The AIF provides an open platform to organize efforts among multilateral institutions, governments and private sector to improve a pipeline of projects capable of transforming the continent,” said Akinwumi Adesina, President of the African Development.
The AIF is expected to harmonize processes among the Bank and its partners, reduce inter-mediation costs, improve quality of project information and documentation, and increase action-oriented engagements between African governments and the private sector.
Source: Africafeeds.com
