July 02, 2019 / 07:00AM / AfDB / Header Image Credit: @philiphalliday1
Representatives of the African Development Bank will meet Asian champions of industry and businesses this week in Seoul, South Korea and Tokyo, Japan to mobilize investors ahead of the Bank’s second Africa Investment Forum.
The Africa Investment Forum−the continent’s biggest investment marketplace for accelerated economic transformation - is slated for 11-13 November 2019 in Johannesburg, South Africa. It is dedicated to advancing projects throughout Africa to bankable stages, raising capital, and accelerating the financial closure of deals.
After a successful Annual Meetings in Busan, South Korea in 2018, the Bank reinforces its partnership with the Asian private sector by organizing the July 1-4 roadshow for the Africa Investment Forum with a strong focus on bank co-organized the Seoul leg of the roadshow and has confirmed participation of eminent investors.
The inaugural Forum last year broke the mold for investment in Africa by securing deals worth $38.7 billion in just three days, mainly due to the strong presence of the private sector.
With the Africa Investment Forum, the Bank has set up a multi-stakeholder, multi-disciplinary transactional platform for the economic and social development of the continent. Far from being just an event, the Forum is a year-long activity that sees investment interests hatching into closed deals at an accelerated rate for the continent’s transformation.