AIF 2019 boosts Africa’s Economy with US$40.1 bn worth of secured investor interest

AFRICA — It was deals that brought participants to the 2019 Africa Investment Forum (AIF) and they were not disappointed. The second Forum ended on a high note with 56 boardroom deals valued at $67.6 billion tabled – a 44% increase from last year. Out of the 56 boardroom deals tabled, fifty-two deals worth US$40.1 billion in secured investment interest were realised 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…

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Africa Investment Forum kicks off delivering on the promise to strengthen investment opportunities

SOUTH AFRICA – The 2019 Africa Investment Forum kicked off by keeping the promises it made and to move from commitment to action. A US$500 million equity deal presented by the Africa Infrastructure Investment Fund last year, to speed up investments in agriculture, and a US$175 million equity transaction from the Africa Guarantee Fund for investors to support Small and Medium Size Enterprises, are among the transactions that found financial close. The opening ceremony was attended by President Cyril Ramaphosa of South Africa, President Nana Akufo Addo of Ghana, President…

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Visa openness in Africa unlocking intra-regional trade and investments potential, report shows

AFRICA – African travellers now have liberal access to over half the continent, the 2019 Africa Visa Openness Index published by the African Union Commission and African Development Bank, reveals. The report was launched on the sidelines of the Africa Investment Forum in Johannesburg, South Africa. On average, Africans can travel to approximately 27 countries visa-free or with a visa on arrival. The progress on visa openness in Africa follows growing momentum for greater integration between countries and signals that policymakers across the continent are pushing reforms, making it easier…

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