Africa investor Pan-African Investment Climate Summit to unveil major Zimbabwe infrastructure and privatisation projects to investors
Wednesday, 15 Apr 2009
The Africa investor Pan African Investment Climate Summit will profile a series of investment opportunities from across Africa to leading investors, development finance institutions and donors.
Why in Zimbabwe? With the recent inclusion government between MDC and Zanu-PF, several international Development Finance Institutions and investment funds are now actively assessing projects in Zimbabwe, making this the perfect opportunity for astute investors operating in the Southern African Development Community (SADC) to assess the situation on the ground and secure early mover advantage. A Zimbabwe donor round table will take place as part of the Zimbabwe day, offering investors insights on new funding available for projects in Zimbabwe.
The South African government in particular is encouraging local businesses to invest in Zimbabwe as one of the instruments South Africa is using to assist the newly formed inclusive Government. To start with South Africa will assist Zimbabwe with R300 million from the African Union Renaissance Fund, to be given in three installments by June.
Commenting on last week’s high-level South African business delegation to Zimbabwe led by South African mining magnate Patrice Motsepe, Motsepe said that he "personally (had) no doubt that in the next few months or next few years, the private sector not only in South Africa but worldwide will realize that Zimbabwe is a good place for business."
The Africa investor Pan-African Investment Climate Summit will be held in association with the Ministry of the Tourism and Hospitality Industry of Zimbabwe. It will present regional and sector specific investment opportunities including manufacturing, capital markets, commodities and Trade Finance and provide a platform for investors to engage with the Zimbabwean government and business leaders to assess a raft of viable infrastructure and privatization opportunities.
The confirmed speakers for the Africa investor Summit are M’Hamed Cherif, Head of ACP Business Climate, Savannah Maziya, Director of WBHO, Paul Runge, Managing Director of Africa Project Access, Trevor Ward, Managing Director of W Hospitality Group and Mawuli Ababio, Managing Director of African Venture Capital Association.
The Africa investor Summit is supported by the United Nations Industrial Development Organisation (UNIDO), the NEPAD Business Group, NEPAD, SABC International, China Africa Business Council, and Association for the Promotion of Tourism to Africa (APTA), World Business Council for Sustainable Development (WBCSD) and SA Direct TV.
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Notes to Editors
For more information or to register as media or delegate for the Summit, contact Lebogang Molokomme on +27 11 783 3048 or lmolokomme@africa-investor.com.
About Africa investor
Africa investor is a specialist investment communications firm advising governments, international organizations 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 index series Summit & Awards and the Africa investor Infrastructure Projects Summit & Awards. www.africa-investor.com
About the Ministry for the Tourism and Hospitality Industry of Zimbabwe
The Ministry of Tourism is a government ministry, responsible for tourism in Zimbabwe. The incumbent is Walter Mzembi. It oversees the Zimbabwe Tourism Authority
