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Africa Investment Forum 2022: Africa’s Manufacturing Future (full)

0 Views· 10/12/23
Amobi Anazodo
Amobi Anazodo
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Africa Investment Forum 2022 is the continent’s largest transactional investment marketplace. It brings together deal sponsors, deal brokers and deal makers from around the world. This year’s Market Days event will be the first face-to-face gathering since 2019.
Growing the manufacturing sector is often considered a cardinal element to realising inclusive and sustained development. Among the multiple benefits of manufacturing are the industry’s aptitude to allow Africa to feed itself through agro-processing and to create employment for a vast number of low-skilled workers, which is essential for reducing poverty and improving overall well-being.

This session will provide a status update on Africa’s manufacturing sector and discuss the industry’s prospects for the year ahead.

Speakers:

Viola Llewellyn, Founder, Ovamba, (Moderator)
Bireme Sock, Founder, Kwely: We focus on food and cosmetics for now making sure that we can change the perception that people have made for African products. The perception often people create that when we talk about industries, it means we talk about small, medium and large enterprises but they need to understand even a small company can do better and provide job opportunities provided it is given better facilities and business environment to work in and we need to focus mainly on that.
Olukayode Pitan, MD of Bank of Industry of Nigeria: Bank of industry is over 60 years old now. We transform the industrial sector in Nigeria by providing long term facilities like working capital at a single digit interest rate basically to ensure the economic development of the country. The detailed programme structure is available on the bank's website. Do visit to know more: afdb.org/en

About the AfDB: The African Growth Bank (AfDB) Group's primary goal is to promote long-term economic development and social progress in its regional member countries (RMCs), thus contributing to poverty reduction. Visit for more at: afdb.org/en";

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