Experts to converge in Lagos for Africa’s growth

Experts to converge in Lagos for Africa’s growth

Economic and business experts are to meet in Lagos to tackle issues relating to Africa’s rapid economic growth and investment opportunities at the host 3rd Annual 1:1 Pan-Africa Investor Conference.

The conference is being organised by Renaissance Capital will attract hundreds of investors and companies to Lagos between 16 to 18 May, 2012.

Renaissance Capital, the leading emerging markets investment bank, will provide insight into Nigeria’s and Sub-Saharan Africa’s short-to-medium-term macro outlook, with participation by investment decision makers and Renaissance Capital’s economists and analysts.

 Building on its previous successful conferences in the region, this year’s invitation-only event will host hundreds of 1:1 meetings, complemented by site visits rounding out the three days of insight, access and information.

While commenting on the conference, the chief executive officer for Renaissance Capital, Mr. Clifford Sacks said that “the emerging markets and Africa in particular, are attracting unprecedented attention as capital shifts from developed to growth markets. With the highest concentration of fast-growing economies, Africa will be the investment success story of the next decade.

“We are bringing together high-opportunity and emerging companies from Nigeria and other African markets with hundreds of investment groups from around the globe, looking at Africa’s most exciting investment cases in the metals & mining, oil & gas, banking, agriculture and consumer sectors.”

 Global Chief Economist, Renaissance Capital,Mr. Charles Robertson, also  said, “Africa remains a beacon of growth and reform, with great opportunities given low debt ratios for the private sector, external and public debt, something that contrasts with the sluggish story in the West. Per-capita GDP has doubled in the past decade and could double even quicker in the years ahead.

“While many do benefit from higher commodity prices, there are home-grown growth stories that capture investor interest. This is an ideal chance to hear leading reformers outline their agendas for the years ahead, and meet the companies and banks that stand to benefit most from this.”

 Speakers expected at the conference include Ngozi Okonjo-Iweala, Minister of Finance and Co-coordinator of the Economy, Nigeria; Bart Nnaji, Minister of Power, Nigeria; and Mallam Sanusi Lamido Sanusi, Governor of the Central Bank of Nigeria.