ABR ACTIVE PARTICIPATION AT THE SECOND EDITION OF THE AFRICA INVESTMENT FORUM
The African Business Roundtable (ABR) delegation under the leadership of the ABR President and Chairman of the Board of Directors Mr Samuel Dossou-Aworet attended the second edition of the Africa Investment Forum (AIF) that was held from 11 to 13 November 2019 in Johannesburg, South Africa.
The African Development Bank, once again collaborated with major Development finance Institutions in Africa and international global players /investors to host the second edition of the Africa investment Forum this year (2019). The Africa Investment Forum inaugural edition was launched in 2018 in partnership with Africa50, Afrexim Bank, the Trade Development Bank, the Development Bank of South Africa, the Islamic Development Bank, the Africa Finance Corporation, the European Investment Bank.
The opening ceremony at AIF 2019 was attended by President Cyril Ramaphosa of South Africa; President Nana Akufo Addo of Ghana; President Paul Kagame of Rwanda; and Prime Minister Agostinho do Rosario of Mozambique. The ABR President Mr Samuel Dossou-Aworet attended the closed section: Invest in Africa’s space with African Heads of State
African Business Roundtable participated as a ‘Partner’ at the second edition of the Africa Investment Forum as a result of an agreement with the African Development Bank duly executed in August 2018, whereby ABR and Petrolin Group were joint sponsors of the Africa Investment Forum.
The sponsorship enabled ABR to be accorded a “Partner” status in the Platinum category for the event with free passes given to members to attend the Forum.
As partners, ABR were allowed to identify and submit projects to the AIF platform. A number ABR members‘s projects were submitted to AIF platform of which some made it to the “Board Room”. The Petrolin project was presented to a group of investors on the 12th of November 2019. ABR Members had also the opportunity for pitching their projects to Canadian financial institutions and investors on the 11th and 12th November 2019.
The second Forum ended on a high note on Wednesday 13th September, with 56 boardroom deals valued at $67.6 billion tabled – a 44% increase from last year. Fifty-two deals worth $40.1 billion secured investor interest compared with $37.8 billion dollars last year. Quoting the African Development Bank President Akinwumi Adesina, at the unveiling of boardroom deals: Africa is winning, Africa is bankable.
Mr Samuel Ayodele
African Business Roundtable
Tel: +234 816 2320 139
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