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Tuesday,
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.
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