2023-09-08 13:37:47
The 2023 edition of the Africa Investment Forum (AIF) is officially launched in Morocco.
The main investment market on the continent, the event aimed at freeing Africa’s value chains will be held on November 8 and 9 in Marrakech. The Secretary General of the African Development Bank Group, Vincent Nmehielle, and the Minister of Economy and Finance of Morocco, Nadia Fettah Alaoui, in the presence of the Senior Director of the Africa Investment Forum (AIF), Chinelo Anohu , today signed the memorandum of understanding.
“With the African Development Bank, we have an excellent partnership that delivers results.
Together, we are committed to making the 2023 edition of the AIF a success, which we will have the pleasure of hosting in Marrakech,” declared Ms. Fettah Alaoui.
“On behalf of the President of the African Development Bank Group, Akinwumi Adesina, I salute Morocco for its valuable and constant support in the planning and organization of the Bank’s high-level events, whether Annual meetings in 2013, the ADF replenishment meeting in 2022 and the AIF this year. Morocco is a model of partnership for the continent,” underlined, for his part, the Secretary General of the ADB Group.
“Since his accession to the Throne 24 years ago, HM King Mohammed VI has launched flagship projects and reforms which have made Morocco one of the most advanced and stable countries on the continent, and one of the most attractive for major events like the AIF,” said the senior director of the Africa Investment Forum.
“We appreciate the leadership of the Ministry of Economy and Finance in ensuring the success of the Bank’s high-level events being held in Morocco. The signing of the Memorandum of Understanding officially launches the AIF within the Kingdom and, between now and November, the world will be constantly reminded that the 2023 edition of the AIF will take place in Marrakech,” added Vincent Nmehielle.
On the occasion of the last Annual Meetings of the African Development Bank, held at the end of May in Egypt, the Africa Investment Forum presented to investors renewable energy and sustainable development projects worth 1.5 billion dollars. Since 2018, the AIF has generated more than US$142 billion in cumulative investment interest from around 40 countries.
The Africa Investment Forum’s flagship event, Market Days, brings together international deal sponsors, investors and government leaders to showcase deals ready to progress towards closing.
Led by the African Development Bank and seven other founding partners – Africa50, Africa Finance Corporation, Afreximbank, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank and Trade and Development Bank – Africa Investment Forum is Africa’s investment marketplace that aims to accelerate transactions to fill investment gaps in
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