Africa Investment Forum secures deals worth $40.1bn
The Africa Investment Forum held in Sandton came to an end on Wednesday. There were 56 boardroom deals valued at $67.6 billion tabled - a 44% increase from last year.
According to Africa Development Bank, 52 deals worth $40.1 billion secured investor interest compared with $37.8 billion dollars last year.
Eyewitness News reporter Nthakoana Ngatane told Joanne Joseph on Afternoon Drive that the investments have increased, compared to last year.
Last year we came to $37.8 billion, this year we came to $40.1 billion. Six hundred million dollars went to Ghana for its cocoa industry.Nthakoana Ngatane, Reporter - Eyewitness News
For South Africa, there is a company called IDF, fund managers that had gone into an agreement with another one from Nigeria called Alithea. These are women fund managers who have brought $58 million supposed to go to women businesses in the Sadc as well as the West African region.Nthakoana Ngatane, Reporter - Eyewitness News
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This article first appeared on 702 : Africa Investment Forum secures deals worth $40.1bn
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