Africa Investment Forum (AIF)

19-nov-2019

Gazelles among the elephants and lions - MSMEs carve out space to grow

Micro, Small and Medium-sized Enterprises (MSMEs) are the heartbeat of Africa’s economies. They represent 95% of all firms and generate more than 80% of new jobs on the continent each year. Africa’s labour force is expected to grow by 1 billion between 2016 and 2063. To keep those people working, almost 1.7 million jobs need to be created each month across the continent. MSMEs will play a crucial role in creating decent jobs and reducing inequality and poverty. One obstacle, however, is lack of access to loans. Too often, MSMEs and start-up ventures cite problems accessing financial...
19-nov-2019

Africa Investment Forum 2919: Closing video

19-nov-2019

Best of 2019 Africa Investment Forum

18-nov-2019

Africa Investment Forum 2019: Masai Ujiri urges African leaders to invest in sports, commissions two new “players”

Masai Ujiri, President of the Toronto Raptors, made his second appearance at the Africa Investment Forum, renewing his call for African governments to invest in sports. Ujiri, the only President of National Basketball Association (NBA) of African origin in franchise history, has worked hard over the past year to scout talent and raise awareness about the success and growth of sports on the continent. “We should be supporting teams here in Africa, that should be our vision. Sports is the next big thing in Africa,” Ujiri said, calling on investors to pay “close attention.” With all the...
18-nov-2019

Africa Investment Forum 2019: Promises made, promises kept: Champions share why investments benefit women

Challenged a few years ago at an investment forum about the number of women-owned businesses she invested in, Tokunboh Ishmael, co-founder of Aliethiea IDF, faced the realization that after 15 years of private equity investing in businesses in Europe, Asia and North America, the answer was: none. It was a turning point for the former investment banker, although her partner and co-founder, South African Polo Leteka, had been doing exactly that for years. “We realised  that we were meeting  many women entrepreneurs who were running formidable businesses…Africa is full of...
18-nov-2019

Africa Investment Forum 2019: African Development Bank signs $250-million risk participation agreement with ABSA, to address Africa’s trade financing gap

The African Development Bank has signed an unfunded $250-million Risk Participation Agreement (RPA) facility with ABSA - a pan-Africa financial institution with a solid presence in 12 African countries. The 3-year RPA facility was signed November 12, on the sidelines of the Africa Investment Form through its trade finance operations. Under this 3-year RPA facility, the Bank and ABSA will share default risk on a portfolio of eligible trade transactions originated by African Issuing Banks (IBs) and confirmed by ABSA. Leveraging the Bank’s  AAA rating, ABSA will underwrite trade...
14-nov-2019

Africa Investment Forum 2019: "Africa's time is now!", says Akinwumi Adesina, President of the African Development Bank

At the close on Wednesday of the second edition of the Africa Investment Forum in Johannesburg, African Development Bank president Akinwumi Adesina put the accent on current investment opportunities in Africa and on assuring young African entrepreneurs of the institution's support. During the closing ceremony of AIF 2019, held from 11 to 13 November in the economic capital of South Africa, President Adesina said, "The Africa Investment Forum is the work of a collective, of those who believe in the development of the continent. Africa's time is now and we want to be more inspired and more...
13-nov-2019

Africa Investment Forum 2019 : le programme « Desert to Power », initié par la Banque africaine de développement, au centre des discussions d’un panel d’experts

Le programme « Desert to Power », initié par la Banque africaine de développement pour fournir de l’électricité à 250 millions de personnes dans la région du Sahel, a fait l’objet d’une session spécifique mardi à l’Africa Investment Forum 2019, organisé à Johannesburg, en Afrique du Sud. Le panel de cette session intitulée « Investir dans le soleil : l’initiative Desert to Power » était animé par Wale Shonibare, vice-président de la Banque africaine de développement en charge des énergies. A ses côtés figuraient plusieurs experts sectoriels :  Paloma Perez de Vega...
13-nov-2019

Africa Investment Forum 2019: Unveiling the Boardroom: $67.6 billion dollars of deals tabled, $40.1 billion investor interest secured

It was deals that brought participants to the 2019 Africa Investment Forum and they were not disappointed. The second Forum ended on a high note Wednesday, 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. During the 2018 edition of the Forum, 61 transactions valued at $46.9 billion were tabled for discussions in boardroom sessions and 49 deals worth $38.7 billion, secured investment interest. Presiding over the session: “Unveiling the...
13-nov-2019

La Banque africaine de développement devient actionnaire d'Africa Finance Corporation

L'Africa Finance Corporation (AFC), un prestataire de solutions d'infrastructures de premier plan en Afrique, a annoncé, hier, que la Banque africaine de développement avait investi 50 millions de dollars américains pour entrer à son capital. La Banque est l'institution financière internationale africaine la mieux notée par les agences internationales (« AAA » à perspective stable). L’investissement de la Banque dans le capital de l’AFC permettra aux deux institutions d’accélérer le développement et la réalisation d’infrastructures sur le continent, en renforçant les...
13-nov-2019

Visual and graphic representation of sessions held at the 2019 Africa Investment Forum

Around 2000 delegates attended the innovative investment marketplace which brought together heads of state, project sponsors, pension funds, sovereign wealth funds, and institutional investors to move projects from commitment to action. Delivering on the promise to redefine and unpack Africa's investment opportunities was a key theme at the Africa Investment Forum. During the opening ceremony African Heads of State emphasised the need to take ownership of the continent's investment narrative. Increasing access to finance and breaking down...
13-nov-2019

Mozambique features strongly at 2019 Africa Investment Forum with $24.6 billion project, the largest deal

Mozambique’s state oil and fuel company Empresa Nacional de Hidrocarbonetos (ENH), tabled a $24.6 billion transformative project for Mozambique’s economy, the largest deal to feature at the 2019 Africa Investment Forum. The project includes the development of the Golfinho and Atum fields and the nation’s first onshore liquefied natural gas plant. Mozambique’s Prime Minister Agostinho do Rosário made the announcement at a media briefing session during the Forum, the continent’s premier investment marketplace, organized by the African Development Bank and its partners. The project is...
13-nov-2019

Raising capital to finance development – the Bank as innovator and catalyst

In many ways, Africa needs trade and investment even more than it needs development aid. This is reflected by the African Development Bank’s commitment to explore all the possible options of mobilising domestic resources. Africa’s financing needs will remain very large over the next few decades. Both public and private capital formation will be necessary to pursue the necessary structural transformation of African economies into industrial and post-industrial societies. Governments, of course, remain critical in sustaining investment in Africa in the coming decades, and external debt...
13-nov-2019

Africa Investment Forum 2019 : la République démocratique du Congo et la République du Congo signent un accord pour accélérer le projet de pont route-rail reliant leurs capitales

De droite à gauche: Jean-Jacques Bouya, ministre de l’Aménagement, de l’équipement du territoire et des grands travaux de la République du Congo ; Akinwumi Adesina, Président de la Banque africaine de développement ; Mme Élysée Munembwe Tamukumwe, vice-Premier ministre du Plan de la République démocratique du Congo et Alain Ebobissé, Directeur général d’Africa50, juste après la signature de l’Accord, à Johannesburg La République démocratique du Congo et la République du Congo ont signé, hier, dans le cadre de l’Africa Investment Forum à Johannesburg, un accord interétatique visant à...
13-nov-2019

African has grasped the Fourth Industrial Revolution, according to African Development Bank report, but its role globally could be even bigger

A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.  The report, titled “Potential of the Fourth Industrial Revolution in Africa”, was launched on Monday at the Africa Investment Forum, the continent’s premier investment marketplace, organized by the African Development Bank and its partners. It found significant uptake already in Africa of the Internet of Things – a market that could be worth as much as $12.6bn by 2021 –...
13-nov-2019

Africa Investment Forum 2019 : un panel d’investisseurs préconise de « construire une confiance mutuelle pour attirer les capitaux » en Afrique

Des investisseurs africains, européens et américains ont animé un panel avec le président de la Banque africaine de développement, mardi à l’Africa Investment Forum 2019, afin de réfléchir collectivement au thème suivant : « Destination Afrique : s’appuyer sur les investisseurs institutionnels ». Parmi les panélistes figuraient Adam Boehler, directeur exécutif de la Société de financement du développement international des États-Unis, Roc Hersov, fondateur de la plateforme « Invest Africa », Uche Orji, directeur général du fonds souverain nigérian NSIA, et...
13-nov-2019

AIF 2019 : un protocole d’accord entre Thelo DB et Afreximbank pour moderniser les réseaux ferroviaires africains

La Banque africaine d’import-export (Afreximbank) et Thelo DB ont signé mardi un protocole d’accord lors de l’Africa Investment Forum (AIF)qui se déroule actuellement à Johannesburg. Cet accord donnera aux deux parties la possibilité de développer, de financer et d’exploiter des projets ferroviaires en Afrique.  Thelo DB et l’Afreximbank ont accepté de coopérer pour moderniser les réseaux ferroviaires du continent, ce qui facilitera les échanges commerciaux, les investissements, le développement économique et le renforcement des compétences. Les deux parties ont conscience de la...
12-nov-2019

AIF 2019 : « forger un récit proprement africain sur l’Afrique pour changer le regard des investisseurs sur le continent », selon un panel d’économistes

En marge de la 2ème édition de l’Africa Investment Forum (AIF) qui se tient du 11 au 13 novembre à Johannesburg, des économistes ont invité les Africains à se réapproprier le récit de leur propre histoire s’ils veulent améliorer le regard des investisseurs sur leur continent. Cette proposition collective a été formulée lors de la session intitulée « Remodeler le récit sur l’Afrique », en présence de Pravin Gordhan, ministre sud-africain des Entreprises publiques, Amadou Hott, ministre de l’Économie, de la planification et de la coopération du Sénégal, Alain Ebobissé, directeur...
12-nov-2019

La Banque africaine de développement, le Crédit Suisse, la Banque industrielle et commerciale de Chine et l’Office du cacao du Ghana signent un accord de prêt de 600 millions de dollars américains pour relancer la production de cacao

« Cet accord marque un tournant dans le développement de la chaîne de valeur du cacao », Nana Addo Dankwa Akufo-Addo, président du Ghana « Le Ghana est viable, le cacao est une activité viable et, bien sûr, l’Afrique est viable », Akinwumi A. Adesina, président de la Banque africaine de développement La Banque africaine de développement, le Crédit Suisse AG, la Banque industrielle et commerciale de Chine (ICBC) et l’Office du cacao du Ghana (COCOBOD) ont signé mardi un prêt à terme adossé à des créances syndiquées de 600 millions de dollars américains ; il est...
12-nov-2019

Africa Investment Forum 2019: Billion dollar boost for African female entrepreneurs

The European Investment Bank (EIB) has announced a $1.1 billion lending programme to help women entrepreneurs on the continent. EIB Vice President, Ambroise Fayolle, also revealed that the bank has signed three further agreements to boost sustainable development on the continent. But the major deal is what the EIB has dubbed SheInvest. The EIB expects the gender-lending initiative to allow women to play a more active role in economies. “This initiative aims to promote female entrepreneurship,” said Fayolle, noting that female entrepreneurs will also gain business skills from the...