Second edition of Africa Investment Forum to focus on renewable energy

Gauteng Education MEC Panyaza Lesufi on Thursday, 24 October 2019, launched the second edition of the Africa Investment Forum (AIF) in Sandton, Johannesburg.

Speaking on behalf of Gauteng Premier, Lesufi made a call to business to participate in the upcoming AIF which will be held from 11 to 13 November 2019.

MEC Lesufi together with the leadership of the African Development Bank (DBSA) in true African style declared Africa, open for business by playing a gigantic djembe drum, vuvuzelas and horns which filled the Johannesburg Stock Exchange with reverberating sound that got participants excited at the business opportunities the AIF will bring.

Lesufi welcomed delegates to the launch which forms part of the roadshow meant to popularise the event and said the forum will showcase infrastructure investment opportunities within the African continent.

The AIF will bring together project sponsors, pension funds, private investors, policymakers, private equity firms, and heads of government under one roof to raise capital to advance Africa’s economic transformation agenda.

Mosa Tshabalala, CEO at the Gauteng Growth and Development Agency (GGDA) said this year’s Forum will focus on structuring deals, screening and enhancing projects while attracting co-investors and facilitating transactions to unlock the continents multi-billion-dollar opportunities.

“Sectors that will take centre stage at the forum include renewable energy, infrastructure projects ranging from social to economic infrastructure and utilities in general,’ said Tshabalala.

The GGD A, along with the African Development Bank Group are also working with other multilateral development partners and stakeholders to ensure that the AIF becomes Africa’s key springboard for investment and for meeting the continent’s massive infrastructure and development needs.

Source: Gauteng Province