The Inaugural Global African Investment Summit (TGAIS) is expected to spur investment partnerships which would attract best quality investors to Africa, Event Director Paul Sinclair has revealed.
In an interview release copied Diplomatic Call, Mr. Sinclair said that the two-day summit will provide an ideal platform for a number of government delegations from Africa to present bankable investment opportunities to an audience of institutional investors, fund managers, PE firms and large corporations.
He observed that most African leaders and governments have outlined several projects intended to push job creation, technology transfer and the economic growth of their respective countries, which, on the other hand, would also provide real returns to investors.
The TGAIS summit, therefore, seeks to provide a platform which would network African leaders with projects and investors looking for investment opportunities in the region for mutually-beneficial partnerships.
“Each President is bringing key Ministers, CEOs of state owned and private companies and investment promotion agencies to make the business case for investing in their country. They want investors to know that they have projects that are ready to go, that can bring real returns to investors and that will make a genuine difference to their country”, he said
The 2014 Global African Investment Summit, themed; Building Africa’s Future through Private Sector Investment, would primarily aim to encourage more investment in the agricultural, infrastructural, energy, oil and gas as well as mining sectors of the African continent.
Speaking on the prospects of the summit, Rwandan Minister of Finance and Economic Planning Honourable Claver Gatete said “It’s great that our government gets to go to events like The Global African Investment Summit in London to profile investment opportunities here in Rwanda.”
“What we want investors to know is that we need their investment and that we provide the right incentives and have created one of the best business environments that can be found anywhere in the world,” he added.
Aside President Mahama of the Republic of Ghana, four other heads of states, namely H. E. Faure Essozimna Gnassingbé, Togolese President, H.E Paul Kagame, Rwandan President, H. E. Jakaya Mrisho Kikwete President of United Republic of Tanzania and H. E. Yoweri Kaguta Museveni, President of the Republic of Uganda, have confirmed their participation in the TGAIS summit come October 20 at the Savoy Hotel in the world’s financial hub, London.
By: Prince Asare, Diplomatic Call
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