• Home
  • Business
  • Nigeria: Africa Investment Forum secures $34.82bn of investment interests
Image

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

Nigeria: Leadway partners Octamile  to launch “PayCover” for motor insurance

Leadway Assurance has teamed up with Octamile to introduce the “PayCover” solution, enabling customers to divide their motor…

Ghana: Access Bank Collaborates Ghana Education Service for ‘A Sandal More’

In a gesture of collaboration and commitment to improving the lives of pupils across Ghana, Access Bank has…

Nigeria: First Bank announces appointment of Olusegun Alebiosu as managing director

First Bank of Nigeria Limited, the commercial banking arm of the financial services group, has announced the appointment…

Sanlam Acquires 60% Stake in MultiChoice’s Insurance Business

Sanlam Limited (Sanlam) and MultiChoice Group Limited (MultiChoice) has announced that they have entered into an agreement for…