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.
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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
