AfDB sets AIF dates

Source: AfDB sets AIF dates | Herald (Business)

Johannesburg. — The African Development  Bank (AfDB) has set November 11-13 this year as the dates for the  second edition of the Africa Investment Forum (AIF) following huge  successes scored at the inaugural event.

The AIF brings together top decision-makers on the continent and is  aimed at linking investors mainly interested in tackling the continent’s  infrastructure gap, estimated at between US$130 billion and US$170  billion.  Investment estimated at $43 to $55 billion per year is required until 2030 to 2040 to meet demand for power alone.

The inaugural event, attended by eight Heads of State and Government, connected investors for 63 projects across the continent, worth nearly US$47 billion. At least 1 943 participants representing 87 countries and an estimated  400 investors participated at the inaugural forum. — New Ziana.