African Investment Forum attracts US$40 billion worth of conversations

The African Development Bank has said 61 investment conversations worth US$40 billion took place at the African Investment Forum that was held at Sandton Convention Center in Johannesburg South Africa from 7-9 November 2018 which attracted over 330 investors from across the globe. The bank says US6.8 billion investment deals will be directed to South Africa alone in the areas of infrastructure, energy, transport, utilities, water, sanitation and housing. The forum, whose theme was “ Investing in commodity exchanges” took a unique agenda format, that saw participants’ discussing agribusiness challenges, ways to improve finance through financial institutions and how commodity exchanges can achieve more economies of scale and play a role for small scale farmers. Vice President Agriculture, Human and Social Development at the African Development Bank,Jennifer Blanke said “supporting the development of commodity exchanges can create a price discovery mechanism for buyers and sellers”.