AfDB Showcases Opportunities in Africa

0

The African Development Bank (AfDB) in multidisciplinary team roadshows has presented financial products and investment opportunities to Nordic investors to leverage more access to financing. The roadshows brought together more than 50 private sector companies, investors and government and public institutions in Norway, Sweden, Finland, and Denmark.

The aim of the event was to bring the Bank closer to customers in order to increase awareness of key private sector stakeholders to understand the Bank’s financial and risk mitigation products for investment projects.
The roadshows also generated significant interests of businesses to the Africa Investment Forum, the Bank’s maiden market place, scheduled for November 7-9 in Johannesburg, South Africa.

The first roadshow took place in Norway on 24-25 September, followed by Sweden on September 27- 28. In Finland, the Bank met key private sector companies, private funds, and pension funds from 1-2 October and the final event was in Denmark on October 4-5.

The Bank presented its strategy for the transformation of African economies and showcased investment opportunities on the continent. The highly interactive event targeted commercial banks, institutional investors including pension funds, asset managers and insurers as well as individual investors across the Nordic region.

“Nordic countries are very important for the development of Africa and we want to see more investments coming from these countries. Hence, the roadshow organised to showcase African investment opportunities and to present the Bank as a gateway for their investments,” Director, Syndication, Co-financing and Client Solutions Department, Olivier Eweck said, adding that “several private investors and companies have shown keen interest in the Africa Investment Forum.”

The African Development Bank team discussed key roles in accelerating Africa’s investment opportunities across the Nordic region in line with the Bank’s development priorities for Africa as enshrined in the High 5s.