The Board of Directors of the African Development Bank Group and the Africa Investment Forum (AIF) founding partners have approved the postponement of the 2020 Africa Investment Forum to 2021, due to the ongoing COVID-19 pandemic.
The annual three-day investment marketplace was initially scheduled for November 2020 in Johannesburg, South Africa.
Increased and decisive investment will be the channel for Africa’s economic recovery post COVID-19, partners of the Africa Investment Forum said on Friday, expressing confidence in the continent’s potential to rebound from the ongoing health and economic crises.
‘Grab the chance to fast-track development,’ Adesina tells Africa Investment Forum
Funding commitments to Africa’s infrastructure development rose by 22% in 2017, the Infrastructure Consortium for Africa (ICA) announced today.
Published on the first day of the Africa Investment Forum, the ICA’s Infrastructure Financing Trends in Africa 2017report shows that commitments to develop Africa’s infrastructure increased to $81.6bn in 2017 from US$66.9bn in 2016.
On the sidelines of the Africa Investment Forum, the African Development Bank and Africa50 have signed an agreement with the Democratic Republic of Congo and the Republic of Congo to develop and finance the first road-rail bridge project linking their capitals – Kinshasa and Brazzaville.
To help Africa find the path to its long-deserved economic fortune, the African Development Bank is championing the region’s premier investment market.
The Bank is providing collaborative leadership for a new 100% transactional initiative – the Africa Investment Forum (AIF) – which provide Africa’s best opportunity so far to encourage accelerated economic transformation.
The African Development Bank is working with the world’s leading financial institutions to de-risk investment through the platform and make it a springboard for Africa’s economic transformation.
The Africa Investment Forum will be short on talk and heavy on deals, the South African Government, the African Development Bank and key partners affirmed at a press conference ahead of the 2019 edition of the event.
Organized by the African Development Bank and its partners, the second edition of the Forum, will take place from place from 11 to13 November 2019 in Johannesburg, South Africa. The multi-stakeholder transactional marketplace is aimed at raising capital, advancing projects to bankable stage and accelerating financial closure of deals.
On the sidelines of the 2018 Africa CEO Forum, taking place in Abidjan, Côte d’Ivoire, the African Development Bank will host a special breakfast session on the Africa Investment Forum (AIF) – an initiative championed by the Bank to actively engage the private sector and to facilitate projects that have the capacity of transforming the continent.
The Board of the African Development Bank has approved the institution’s proposal to launch an ‘Africa Investment Forum (AIF)’—a meeting place for investors interested in Africa. The investment forum will showcase bankable projects, attract financing, and provide platforms for investing across multiple countries. It will also serve as a unique forum for international business and social impact investors looking to transact and deploy funds in Africa and act as an avenue for connecting investors with both public and private sector projects throughout the continent.
The President of the African Development Bank Group, Akinwumi Adesina, has given the assurance that no country would be left behind as the institution accelerates its development agenda.
“No country is left behind and there will be no country,” Adesina told journalists on Monday at the Africa Investment Forum, held from 11 to 13 November in Johannesburg, South Africa. “We are ensuring that many investments are directed to fragile or low-income countries. We are not afraid to invest in Africa and in so-called ‘at-risk’ countries.”