The African Development Bank, AfDB and the South African Government say the 2019 Africa Investment Forum, AIF will be heavy on ideas to stimulate economic growth in Africa.
The Bank in a statement stated that South Africa and other key partners affirmed the position in a news conference in Johannesburg ahead of the forum scheduled for November 11th to 13th in that country.
It said the multi-stakeholder transactional marketplace is aimed at raising capital, advancing projects to bankable stage and accelerating financial closure of deals.’
The National Treasury of South Africa, Deputy Director-General Vuyelwa Vumendlini said that while the 2018 edition achieved remarkable results, the 2019 edition was expected to achieve more.
Similarly, Senior Advisor to the Premier of Gauteng, Mduduzi Mbapa, noted that the biggest takeaway from the 2018 edition was the need for greater interconnection on the continent.
On his part, Director of Communication and External Relations, AfDB Victor Oladokun said the forum has a very simple agenda that is tilting the flow of capital into Africa at a much greater level that we have experienced up to now.
