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To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market. The Bank is providing collaborative leadership for a new 100 percent transactional initiative – the Africa Investment Forum (AIF) – which provides Africa’s best opportunity so far to encourage accelerated economic transformation.
The African Development Bank is working with the world’s leading financial institutions to de-risk investment through the platform and make it a springboard for Africa’s economic transformation.
The President of the African Development Bank, Akinwumi Adesina, told key Government and private sector leaders at a breakfast session on the sidelines of the 2018 Africa CEO Forum in Abidjan on March 27, 2018, that the AIF would be exclusively about transactions and investment deals.
“This is not a talk shop. There will be no political speeches. It provides an open platform to organise efforts among multilateral institutions, governments and private sector to improve a pipeline of projects capable of transforming the continent,” he said.
The first Africa Investment Forum will be held from November 7-9, 2018 in Johannesburg, South Africa. It will then be held yearly to enable and facilitate interactions to broker and accelerate deals, for candid discussions with policy-makers to shape the business and regulatory environment, as well as to track the implementation of commitments.