Africa investor to host exclusive 7th pan-African CEO Infrastructure Investment Summit with African Sovereign Wealth and Pension Funds in Nigeria

Africa investor to host exclusive 7th pan-African CEO Infrastructure Investment Summit with African Sovereign Wealth and Pension Funds in Nigeria

Africa investor (Ai), a leading international investment and communications group, today announced that they will host the 7th Ai CEO Infrastructure Investment Summit and Awards 2014 with African Sovereign Wealth and Pension Funds in Nigeria, the day before Nigeria hosts the World Economic Forum on Africa.

The CEO Summit will be held on the 6th of May 2014 at the Transcorp Hilton Hotel in Abuja, Nigeria. The Ai CEO Infrastructure Investment Summit will bring together for the first time, Africa’s leading and largest pension and sovereign wealth funds, together with infrastructure project developers, fund managers, development finance institutions and African Ministers, to discuss cross border infrastructure investments and co-investment partnerships across Africa.

Speaking on the exclusive Summit, Hubert Danso, Africa investor CEO and Vice Chairman stated, “Africa’s domestic capital base is set for significant growth. Africa currently has 17 Sovereign Wealth Funds (SWFs), (either fully-fledged or in development), representing more than 3% of global SWFs, accounting for over US $115 billion in 2009. Coupled with Africa’s six largest pension funds by asset size, projected to nearly triple to $622bn by 2020, and $7.3 trillion by 2050, this historic Ai CEO Summit will, for the first time, engage and mobilise Africa’s domestic institutional long term investors in establishing African infrastructure as a globally competitive investible asset class. Africa investor Capital (Ai Capital) will host a series of co-infrastructure investment partnerships and one-on-one investor meetings at the Summit.”

In addition, Africa investor will host its 2014, prestigious Ai Infrastructure Investment Awards to recognise the achievements of infrastructure investors, developers and regulators in improving Africa’s infrastructure investment climate.

Africa investor’s Summit partners and sponsors include: GE, The European Union BizClim Facility, Rand Water, the African Development Bank, Rand Merchant Bank, Ecobank, Bolloré Africa Logistics, Tincan Terminal Lagos, ARM Infrastructure, Zuma Energy, Shoreline Energy, Damac Properties, the NEPAD Planning and Coordinating Agency, the African Business Roundtable, Africa investor Capital, the World Bank Group, the African Union, Bunengi Group and Quadrant.