AfDB’s Africa Investment Forum targets $50bn in pledges
30 June 2019 |
4:29 pm
The African Development Bank's Africa Investment Forum is targeting about $50 billion worth of pledges in its second outing later this year. Stella Kilonzo, Senior Director, Africa Investment Forum at the AfDB joined CNBC Africa's Godfrey Mutizwa for an update on the forum and more.
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30 Jun 2019
The African Development Bank's Africa Investment Forum is targeting about $50 billion worth of pledges in its second outing later this year. Stella Kilonzo, Senior Director, Africa Investment Forum at the AfDB joined CNBC Africa's Godfrey Mutizwa for an update on the forum and more.
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Director of Investment Group (IG) at the African Finance Corporation (AFC), Taiwo Adeniji says this year's African Investment Forum (AIF) in November is an avenue to match users of capital to providers of capital. He joins CNBC Africa for more.
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The quality of conversations at the Africa Investment Forum has been impressive, and focussed on transactions that can be transformative for the continent. Ade Ayeyemi, CEO of Ecobank spoke to CNBC Africa’s Kenneth Igbomor, saying that he felt energised by the frank conversations to bring projects to a bankable stage.
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The quality of conversations at the Africa Investment Forum has been impressive, and focussed on transactions that can be trans-formative for the continent. Ade Ayemi, CEO of Ecobank spoke to CNBC Africa’s Kenneth Igbomor, saying that he felt energised by the frank conversations to bring projects to a bankable stage.
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The Africa Investment Forum brought together African leaders, thinkers and investors to find ways to fill the gap between what the people need and what governments can do. For Board Member of the Enyimba Economic City in Nigeria, Chidiebera Onyia, it has been a learning process and provided a larger African perspective as his background has been mainly in North America and the development space. He spoke to CNBC Africa’s Kenneth Igbomor.
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Speaking to the Governor of Ekiti State in Nigeria and Chairman of the Nigeria’s Governors Forum, Dr Kayode Fayemi, CNBC Africa’s Kenneth Igbomor explored details such as the pipeline of deals coming from Nigeria to the Africa Investment Forum this year, the boardroom conversations that have taken place, the need for an enabling business environment for investors, and accessing development finance capital.
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Nigeria is positioned to maximise the benefits of the Africa Investment Forum. This is according to Folarin Alayande, Senior Special Assistant to the President of Nigeria. He spoke to CNBC Africa’s Kenneth Igbomor about the five projects Nigeria brought to the AIF last year, and the speed dating for deals as countries vie for their share of the $67 billion worth of deals on this year’s platform.
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