-This is about the 2023 Africa Investment Forum Market Days in Morocco scheduled from 8-10 November 2023;
MAARUFU MOHAMED-GOLFNEWSLINKS;
The Africa Investment Forum Market Days will take place as scheduled from 8-10 November 2023 at the Palais des Congrès in Marrakech, Morocco.
A press release from the African development Bank says the Bank and the Moroccan Government are working closely to ensure the success of the event without disrupting the reconstruction efforts that have been ongoing since the devastating earthquake in the country on 8 September 2023.
“The Bank is committed to providing the government with resources and expertise to assist in rebuilding infrastructure in affected communities, stated the statement.
Under the theme “Unlocking Africa’s Value Chains”, the event is said to bring together investors, transaction sponsors, heads of government and development finance institutions to advance investment-ready deals toward market close.
It says that the Bank Group continues to stand in solidarity with the Government and the people of Morocco and commend their resilience in the face of this tragedy.
“Our thoughts and prayers are with those who lost loved ones and property in the earthquake, “noted part of the statement.
The Africa Investment Forum is recognized as Africa’s premier investment marketplace and the unique event, in its 5th year, offers public and private investors access to a structured platform of curated projects on the Continent.
The Africa Investment Forum’s Market Days attracts over 2000 participants from more than 50 Countries, including institutional investors and top government representatives.
Previous editions of the Africa Investment Forum Market Days secured cumulative investment interest of $142.6 billion.
The Statement points out that Market Days will feature transactions in a range of sectors where Africa has a comparative advantage.
“These include, Agriculture, with a focus on Special Agro-Industrial Processing Zones, renewable energy, to include such initiatives as Desert to Power, and manufacturing, notably the production of lithium-ion batteries for electric vehicles, “said the statement.
It pointed out that Transactions will be sourced from the investment pipelines of the Africa Investment Forum’s partners which are the African Development Bank, Africa50, Africa Finance Corporation, Afreximbank, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank, and Trade and Development Bank.
The African Development Bank Group (AfDB) is Africa’s premier development finance institution and comprises three distinct entities namely the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).
On the ground in 34 African Countries with an external office in Japan, the AfDB contributes to the economic development and the social progress of its 54 regional member states.
ENDS;
