The 2023 African Investment Forum (AIF) Market Days in Morocco has successfully secured an impressive $34.82 billion in investment interest over its three-day session. This figure exceeds the $31 billion investment interest achieved in 2022. Dr. Akinwumi Adesina, the President of the African Development Bank (AfDB), announced this accomplishment after the event in Marrakech, emphasizing the transformative impact these investments will have on people’s lives.
The AIF Market Days serve as a dynamic platform for continental dealmaking, facilitating connections among project sponsors, policymakers, and investors. Themed “Unlocking Africa’s Value Chains,” the 2023 AIF Market Days brought together heads of state, decision-makers, multinationals, and investors.
Adesina expressed gratitude for the collaboration with founding partners and the participation of institutions such as the United Kingdom Export Finance, Multilateral Investment Guarantee Agency (MIGA), International Finance Corporation, Saudi Arabia Ministry of Investments, United States Trade and Development Agency, European Bank for Reconstruction and Development, Japan International Cooperation Agency, and Japan Bank for International Cooperation, among others. He highlighted partnerships formed during the event, including the launch of the Alliance for Special Agro-Industrial Processing Zones with a commitment of $3 billion.
Adesina acknowledged the efforts of all participants, thanking heads of state and government, ministers, government leaders, investors, business developers, and everyone present for making the forum a success. The record-breaking investment interest demonstrates the continued commitment to fostering economic growth and development in Africa.
