Business

Museveni to Meet Global Investors at Landmark London Conference

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Representatives of some of the biggest asset managers and pension funds, who are looking to increase their exposure to Africa’s emerging markets, will meet with Museveni and senior representatives from relevant ministries and parastatals.

“The aim is to catalyse investment into Africa through a trusted forum that focuses on real opportunities,” said Paul Sinclair, Director of The Global African Investment Summit on Tuesday.

“If you want to attract the world’s best investors you have to profile your country on the world stage. London, as a global financial hub, presents the perfect location for African governments to meet and discuss with investors from across the globe,” Mr Sinclair added.

Museveni will be joined by the Presidents of Rwanda, Tanzania and Ghana and President Olusegun Obasanjo, former leader of Nigeria, as the heads of the formal government delegations.

The Global African Investment Summit will provide the opportunity for the governments to attract investors into key sectors including agribusiness, power, natural resources and transport infrastructure.

“Investors from across the world will be looking at these projects; African governments will be seeking those partners who can bring the most value to their countries in terms of funds, expertise, technology and job creation. Leveraging the power of the global market creates a win-win for African governments seeking to secure maximum benefits for their countries.” Mr Sinclair concluded.

The inaugural Global African Investment Summit, run in partnership with four African state houses, is the only platform that brings together the public and private sectors to discuss specific transactions, access to finance, and bankable projects in Sub Saharan Africa requiring investment and technology transfer.

African Presidents will travel to the event with Finance ministers, sector specific ministers and CEOs from state owned enterprises to address and hear from the global financial markets, project implementers, consultants and law firms about co-financing and executing their most pressing projects in agribusiness, natural resources, power, and transport infrastructure.

The summit will be held at the Savoy Hotel in London, 20 – 21 October 2014.

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