Nigeria: Africa Investment Forum secures $34.82bn of investment interests
The Africa Investment Forum (AIF) 2023, has successfully secured $34.82bn of investment interests for projects across the continent.
Project developers and investors looked at investment opportunities in several areas, including food and agriculture, renewable energy, mining, transport corridors, aviation, deep-water seaports and railways, ICT, digital infrastructure, artificial intelligence, creative industries and health.
The AIF is a multi-stakeholder, multi-disciplinary platform that advances projects to bankable stages, raises capital, and accelerates deals to financial closure. Its vision is to channel capital towards critical sectors to achieve the Sustainable Development Goals.
Prof. Benedict Oramah, president and chairman of the board of directors of Afreximbank, welcomed the emergence of the Alliance and suggested that, to attract the private sector, the creation of continental regulatory bodies that countries could respect should be considered. “Projects of this nature are very visible,” he explained.
Related Posts
Stanbic Bank PMI: Uganda’s private sector improves since February
Ugandan businesses maintained strong growth in August, marking the seventh straight month of private sector expansion, according to…
By
Milu Kipimo leads Bolt Business South Africa
Bolt Business has named Tanzanian executive Milu Kipimo as its new country manager for South Africa, a move…
Kenya:HassConsult reports residential property prices surge
A new HassConsult special report highlights a remarkable 425% surge in Kenyan residential property prices since 2000, far…
Old Mutual exits East African property market
Old Mutual Holdings Plc, a leading regional insurer, has announced plans to divest its entire portfolio of investment…
Gallery
