Africa Investment Forum kicks off in Abidjan

The third edition of the Africa Investment Forum (AIF) kicked off Wednesday in Abidjan, the economic capital of Côte d’Ivoire, with the participation of officials and representatives of many countries, including Morocco.

Morocco is represented at this event by a delegation of the National Office of Hydrocarbons and Mines (ONHYM) chaired by its Director General Amina Benkhadra.

The forum, held November 2-4 under the theme “Investing sustainably to strengthen economic resilience”, brings together some 1,500 participants, including investors, project developers, transaction and legal advisors, and other professionals that are all committed to closing the investment gap on the African continent.

Actually, the Africa Investment Forum is Africa’s investment market place, championed by the African Development Bank and its partners, to accelerate the closure of the continent’s investment gaps. It operates as a multi-stakeholder, multi-disciplinary platform dedicated to advancing projects to bankable stages, raising capital, and accelerating the financial closure of deals.

The forum aims to reduce intermediation costs and increase active and productive engagement between African governments and the private sector. The Forum also provides investors with access to a structured platform offering bankable and risk-free transactions.

In line with the African Development Bank’s five pillars, sessions will focus on energy and climate, including preparations for the COP27 summit in Sharm El-Sheikh, Egypt, as well as food security and self-sufficiency, ICT/telecommunications, institutional capital, health, and trade and industry.