Africa investment forum generates $142b in investment interest over 5 years – AfDB

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Africa investment forum generates $142b in investment interest over 5 years - AfDB
Africa investment forum generates $142b in investment interest over 5 years - AfDB

The Africa Investment Forum (AIF) has successfully mobilized close to $142 billion in investment interest since its inception in 2018, according to a statement from the African Development Bank (AfDB).

The AIF, a dynamic and multi-stakeholder platform, focuses on fostering continental dealmaking by connecting project sponsors, policymakers, and investors.

In a bid to further advance investment opportunities, the AfDB is preparing to host the AIF Market Days 2023 in Marrakech, Morocco, scheduled for November 8 to November 10.

The event will serve as a meeting point for investors, deal sponsors, and government ministers from around the world, aiming to facilitate the closure of transactions that have been primed for investment.

The AIF is a collaborative initiative involving the African Development Bank and seven other development institutions, namely Africa 50, the Africa Finance Corporation, African Export-Import Bank, the Development Bank of Southern Africa, the Trade and Development Bank, the European Investment Bank, and the Islamic Development Bank.

The upcoming event is expected to provide substantial value to investors by presenting them with carefully curated investment opportunities, especially during a period of significant transformation across the African continent.

The trademark Boardrooms feature of the AIF Market Days will facilitate the transactional setting, ensuring a robust pipeline of deals for investors interested in emerging markets.