PRESS RELEASE
World Bank Managing Director to address Wall Street at Africa Investor-NYSE Summit
London 1st July 2008. Dr. Ngozi Okonjo-Iweala, Managing Director of the World Bank has confirmed her participation at the Ai Index Series Summit in association with NYSE Euronext.
Ai (Africa's leading benchmark and Index provider) and NYSE - (Euronext as the world leader for listings) have come together to host this annual summit to profile African companies to the institutional investment community and Wall Street. The summit, scheduled for 15th September at the New York Stock Exchange, will profile leading African listed companies on the Ai Index Series and heads of African stock exchanges to US investors through interactive match making sessions.
Gregg Krowitz, Managing Director, Strategy/US International listings, New York Stock Exchange stated that "The NYSE has longstanding support for Africa and proudly hosted Nelson Mandela in 2002. We are pleased to be partnering with Africa investor in hosting the Ai Index Series Summit & Awards in September to help raise the profile of African businesses on Wall Street"
The Summit will facilitate opportunities between Africa investor's best performing Index constituent companies, Wall Street & global emerging market investors. Speakers and guests include: heads of investment banks, securities houses, asset management firms, sovereign wealth funds, hedge funds, pension funds, SRI investors, African companies and exchanges, brokers, capital market regulators and central bank governors.
Dr Tukur, Chairman, Africa investor, commenting on the World Banks participation said:
"We are delighted Dr Okonjo-Iweala will bring her dynamism and capital markets experience to the Summit. She knows more than all, as former Minister of Finance for Nigeria, the great strides African listed companies are making in terms of delivering world beating returns for investors."
Amongst the number of prestigious confirmed speakers at the Summit are Mr Charles Brookes, Senior Equity Sales, JP Morgan; Mr Sunil Benimadhu, CEO, Mauritius Stock Exchange; Mr Michael Maduell, Founder, Sovereign Wealth Fund Institute; Mr Maged Shawky, Executive Chairman, Cairo & Alexandria Stock Exchange; Mr Mawuli Ababio, MD, African Venture Capital Association, Mr António Joaquim Cruz Lima, CEO, Angolan Capital Markets Authority, Cecilia Ibru, MD/CEO Oceanic Bank amongst others.
The Ai index Series summit is the opening part of the three major international events linking African and US capital markets: the Ai Index Series awards to be held on the evening of the 15th September, will reward the best performing leaders from Africa's capital market community; the Ai SRI & Sovereign Wealth Roundtable in association with the UN office for international partnerships & NEPAD, is a closed door event which will be held on the 16th September. The Ai Index Series awards are the foremost African awards that recognise stock markets, listed companies, fund managers, stockbrokers and analysts who follow African equities.
The summit is held in association with NYSE Euronext and endorsed by the African Securities Exchange Association (ASEA). The event is sponsored by Oceanic Bank (platinum sponsor) and the Nepad Business Group.
Note to editors
About the Africa investor Index Series Summit in association with the NYSE Euronext
WHEN: September 15th 2008 - 8:00am - 6:00pm. Ai Index Series Awards Gala Dinner will follow.
WHERE: New York Stock Exchange, 11 Wall Street, New York City
SPONSORS: Oceanic Bank, NEPAD Business Group
CONTACT: Jacquie Muhati on jmuhati@africa-investor.com
For more information and to view the preview, please visit www.africa-investor.com
About the Africa Investor Index Series
The Africa Investor Index Series Africa investor Research (Ai) is Africa's foremost provider of indices. It supplies investors with the independent benchmarks they need to feel more confident about their investment and strategic decisions. Ai produces weekly, value-traded adjusted, market capitalization-weighted indices. It's Ai100 and Ai 40 Investors indexes capture the top 40 and 100 of the largest and most liquid publicly traded stocks across Africa ranking them by market capitalization and by liquidity as measured by the average daily value traded in US Dollars. For more information visit: www.africa-investor.com/indexseries.asp
About the Africa investor Index Series Awards 2008
At this exclusive invitation only Gala dinner, Africa investor will also host the 2008 Index Series Awards on the evening of the Summit day at the NYSE. Based around the Ai Index Series these awards recognise Africa's best performing stock exchanges, listed companies, investment banks, research teams and fund managers. Join us on the 15th of September at the NYSE where the winners of the 2008 Ai Index Series Awards will be announced at a gala ceremony. For more information visit:www.africa-investor.com/awards/aiindexawards/index.htm
