Nov. 6, 2023

The African Development Bank (AfDB) says the Africa Investment Forum (AIF), has mobilised close to 142 billion dollars in investment interest since 2018.

AfDB in a statement, noted that the AIF was a dynamic, multi-stakeholder platform focusing on continental deal making, facilitating connections between project sponsors, policy makers and investors.

To this end, the bank said it was set to hold the AIF Market Days 2023 in Marrakech, Morocco, from Nov. 8 to Nov. 10.

According to the statement, the platform will bring together investors, deal sponsors, and government ministers from across the world to advance transactions that have been prepared for investment to closure.

“The platform is an initiative of AfDB and seven other development institutions.

“Africa 50; the Africa Finance Corporation; African Export Import Bank; the Development Bank of Southern Africa; the Trade and Development Bank; the European Investment Bank; and the Islamic Development Bank.

“The upcoming event will add significant value to investors, partnering them with carefully curated opportunities at a time of substantial transformation across the African continent.

“The transactional setting evidenced in its trademark Boardrooms, is geared toward providing a robust pipeline of deals across the Continent for investors seeking opportunities in emerging markets,” it said.

According to the statement, the platform will also offer efficient solutions to investors seeking to channel capital into critical sectors.