Nigerian CommunicationWeek

AFC Holds Summit on Infrastructure Development in Nigeria

Andrew Alli, CEO, AFC

The Africa Finance Corporation (AFC) will host its inaugural summit in Lagos, titled ‘AFC LIVE: Bridging the Infrastructure Investment Divide’.

The event responds to the need to open a dialogue with all relevant stakeholders that addresses the scale of Africa’s huge infrastructure requirements and its investment deficit.

This deficit is conservatively estimated at over US$40 billion per annum (source: World Bank) over the next ten years.

The event which holds on March 25, 2014 in Lagos, will attract a number of high profile delegates, key note speakers, internationally renowned public and private sector investors, financiers and advocates of Africa including: Nigeria’s President Goodluck Jonathan, Kenya’s President Uhuru Kenyatta, Rwanda’s President Paul Kagame, Ghana’s President John Mahama,  Former Prime Minister of the United Kingdom, Gordon Brown,  Jim O’Neil, former head of Global Economic Research at Goldman Sachs who famously coined the term “BRIC”.

Others include CEOs from: Rio Tinto, Goldman Sachs, General Electric, Macquarie Bank, Access Bank, First Bank, Bouygues and Bollore Group.

The event will include discussions and debates on Africa’s infrastructure development and encourage the creation of new ideas and initiatives to tackle the continent’s development, investment, leadership and growth challenges.

The debates will be centred on three key sectors: Power, Transport and Natural Resources.

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