The Africa Investment Forum has 118 deals in its pipeline from all eight founding members, with an investment value of over $110 billion.
The Africa Investment Forum’s Market Days 2021, one of the biggest flagship initiatives of the African Development Bank, is poised to attract billions of dollars in investment for strategic development projects across the continent.
The third edition of the Africa Investment Forum Market Days will take place in Abidjan, Côte d’Ivoire in a hybrid format from 1-3 December. Pent up investment demand is anticipated: Market Days did not take place in 2020 owing to the pandemic.
The African Development Bank’s Africa Investment Forum team previewed several likely boardroom deals in investor roundtables held virtually in September, October and November. Market Days 2021 will showcase these investments. One is a potential investment in the construction of a $45 million World Health Organization-prequalified vaccine production plant in East Africa. The plant will be able to routinely produce three types of vaccine, including one for Covid-19.
Another deal – in the agribusiness sector – entails the scaling up of a dairy milk production and packaging company in Southern Africa. The project’s sponsors have secured an off-take agreement with a major international food and beverage company for the milk production. The deal, valued at $50.2 million, has strategic value for the host government in terms of job creation and skills development.
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