Africa Investment Summit at NASDAQ builds investment partnerships

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26 September 2018, New York, London, Johannesburg, Lagos, Nairobi, Cairo

Africa investor (Ai), a leading international investment group, today announced that the 12thAi CEO Institutional Investment Summit was successfully concluded at NASDAQ.

Hubert Danso, CEO and Vice Chairman of Africa investor opened and Chaired the Ai Summit.

The summit convened leading CEO’s, institutional investors, pension funds, sovereign funds, insurance companies, endowments, development finance institutions and capital market leaders, to discuss institutional allocations, ESG practices, infrastructure co-investment partnerships, solutions to building the investable project pipeline, innovative approaches to de-risking infrastructure investment opportunities and investing in Africa’s capital markets.

The Opening panel saw high-level commitments from Africa’s development finance institutions, to partnering African and global institutional investors to de-risk their investments in Africa.

A notable announcement made during the Summit, was NEPAD’s launch of the African Infrastructure Guarantee Mechanism (AIGM), a platform of leading guarantee schemes, instruments and risk mitigation providers. The AIGM will catalyse the creation of an African market in specialist infrastructure risk mitigation syndications, scaling the commercial use of guarantees and credit enhancements that meet the strict investment requirements of institutional investors.

The Summit placed great emphasis on the important role governments and development finance partners need to play in providing African and global institutional investors with a sustainable project pipeline of investable infrastructure refinancing’s and secondary market infrastructure investment opportunities, particularly through recycling and refinancing those brownfield assets currently on their balance sheets.

Commenting on the Summit, Hubert Danso, CEO and Vice Chairman of Africa investor stated, “We were delighted with the Summits participation and to be able to use Ai’s privileged position to facilitate partnerships between the world’s leading pension and sovereign funds, development finance institutions and Africa’s capital market leaders, on scaling investment to some of the most exciting infrastructure investment opportunities of our time.”

“Summit delegates were also updated by Ai Capital on the Ai Infrastructure Co-investment platform, whose projects pipeline counts several billions of dollars of brownfield and green field vetted transactions. “

Partners for this year’s Ai Summit included, Ai Capital, NASDAQ, NEPAD, African Pension and Sovereign Wealth Fund Leaders Forum, CFA New York Society, PRI, World Pensions Council, ASEA, Trade & Development Bank, UNECA, Bunengi Group, DBSA, africaplc.com, AiAnalytix.com, AiassetX, Wixels and Prequin.

The Summit concluded with its prestigious annual Ai Capital Markets Awards ceremony and a special presentation of the Ai Global Institutional Investment Personality of the Year Award to Ms. Arunma Oteh, Treasurer and Vice President of the World Bank Group.

The 2018 Ai Capital Market Index Series Awards Winners Were:

 

Most Innovative African Stock Exchange      

Ghana Stock Exchange

 

Best Africa Investment Bank     

EFG Hermes

 

Best Africa Research Team       

Rand Merchant Bank

 

Most Innovative Capital Markets Regulator   

Financial Regulation Authority of Egypt

 

Best Performing Broker in Africa          

Auerbach Grayson

 

Best Africa Fund Manager          

Coronation Fund Managers

 

Best African Listing          

African Export-Import Bank

 

Best Performing Ai100 Company         

Botswana Insurance Holdings Limited

 

Best Performing Ai40 Company

Attijariwafa Bank

 

Most Innovative Ai SRI 50 Company    

Innscor Africa

 

Most Innovative Ai SRI 30 Company    

GTBank

 

Ai100 CEO of the Year     

Catherine Lesetedi, CEO, Botswana Insurance Holdings Limited

 

Ai40 CEO of the Year        

Mohamed el-Kettani, CEO, Attijariwafa Bank

 

Ai SRI 50 CEO of the Year           

Julian Schonken, CEO, Innscor Africa

 

Ai SRI 30 CEO of the Year           

Segun Agbaje, GT Bank, Nigeria

 

International Sovereign Wealth Fund Initiative of the Year

Government of Singapore Investment Corporation (GIC)

 

African Sovereign Wealth Fund Initiative of the Year          

FONSIS

 

International Pension Fund Initiative of the Year     

Chicago Teachers Pension Fund

 

African Pension Fund Initiative of the Year    

Kenya Power Pension Fund

 

Ai Global Institutional Investment Personality of the Year     

Ms. Arunma Oteh, Treasurer and Vice President of the World Bank Group.

**ENDS

 Note to Editors

 About Africa investor – www.africainvestor.com

Africainvestor is a specialist investment firm advising governments, international organisations and businesses on communication strategies for capital market and foreign direct investments in Africa. Africa investor publishes Africa investor, the leading international newsstand magazine for Africa’s investment decision makers; maintains the Africa investor 40 Investors’ Index, hosts the Ai CEO Institutional Summit & Awards and the Ai CEO Infrastructure Investment Summit & Awards, among other events.

For more information on Africa investor, contact Tatenda Mutasa on +27 11 783 2431 or tmutasa@africainvestor.com