ECA to promote and accelerate private equity investments in Africa at WEF

The Economic Commission for Africa (ECA) aims at promoting and accelerating private equity investments in Africa at this year’s World Economic Forum (WEF) on Africa.

According to the ECA, it will organize a joint high level roundtable on the topic: Building Private Equity and Private Capital Markets in Africa.
“The roundtable will convene select regional and global private investors, government officials, policy makers and development finance experts to explore the promise and obstacles facing private capital investments in Africa,” it says.

The ECA indicates that the overall objective is to promote and accelerate private equity investments in Africa in support of its long term economic growth and development.

“The event is expected to highlight the potential of Private Equity as an alternative source of financing investments in Africa as well as on issues surrounding deepening capital markets and the generation of growth and jobs in the continent,” the organisers said in a press release.

The Forum will take place in Cape Town from May 8 to 10, 2013.

By Emmanuel K. Dogbevi