This archive report was first published on 19 November 2019.
On November 19, 2019, the Africa Investment Forum (AIF) secured investor interest worth $40.1 billion, marking a significant milestone in its second edition. The forum, which brought together 2,221 delegates from 109 countries and 1,600 investors from 61 countries outside Africa, saw 52 deals sealed.
African investors had tabled 56 boardroom proposals worth $67.6 billion, a 44% increase from 2018. This year's investor interest was higher compared to $37.8 billion dollars last year.
The AIF promotes investment in Africa by acting as a marketplace, where project developers, investors, borrowers, lenders, policymakers, and public- and private-sector investors can meet and negotiate. The forum focuses on projects and advancing deals in sectors such as Energy, infrastructure, transport, ICT, telecoms, and agriculture.
AfDB's President, Akinwumi Adesina, promised to fast-track the process of financing the projects, further solidifying the AIF's commitment to advancing investment in Africa.
