Realizing the Potential for Private Investment in Africa
Some 70 senior officials from 30 Regional Member Countries including ministries of finance, economy, commerce, planning, and development; revenue authorities; investment promotion agencies gathered in Tunis on Tuesday for a two-day high-level seminar on "Realizing the Potential for Private Investment in Africa".
The event is hosted by the Joint Africa Institute in collaboration with the IMF.
The President of the African Development Bank Group, Donald Kaberuka, will address the participants in a lunchtime speech on Wednesday.
"Private investment is vital for Africa, and as most African countries have already made significant progress towards macroeconomic stabilization and privatization, promoting the profitability of investments becomes particularly important", JAI Director Karin Millet said.
The seminar will allow participants to share their practical experiences in the promotion of investments and will provide an opportunity to debate practical solutions for overcoming key obstacles that stymie the profitability of investments.