Smart Africa and Annual Investment Meeting (AIM) Partner to Promote Investment in Africa’s Digital Transformation
Smart Africa and the UAE’s Annual Investment Meeting (AIM) have entered into a Memorandum of Understanding (MOU) to promote investment into Africa’s digital transformation. The partnership will also see Smart Africa and AIM collaborating on core events to promote dialogue to advance development agendas.
Smart Africa is an alliance of 32 African countries, international organisations and global private sector players tasked with defining Africa’s digital agenda. The alliance is empowered by a bold and innovative commitment by African Heads of State to accelerate sustainable socio-economic development on the continent and usher Africa into the knowledge economy through affordable access to broadband and the use of ICTs. With a vision to create a single digital market in Africa by 2030, the Smart Africa Alliance brings together Heads of State who seek to accelerate the digitalization of the continent and create a common market.
“This partnership will make significant strides towards bridging the investment gap in Africa. With the right partnerships and investments, we will be well on course to attaining the transformation of Africa into a single digital market,” said Mr. Lacina Koné, CEO/Director General, Smart Africa Secretariat.
The Annual Investment Meeting (AIM) is the world’s leading investment platform, offering a powerful and flexible combination of live and virtual environments. The Annual Investment Meeting creates a dynamic roadmap to economic recovery by unlocking opportunities, reshaping strategies, and building key partnerships to accelerate global progress.
AIM continues to gain support from several Ministries and Government Departments, Special Economic Zones (SEZ), Smart City Solution Providers, Venture Capitalists, Angel Investors and several financial institutions to provide SMEs and Startups with an abundance of opportunities.
Mr. Dawood Al Shezawi, President of the Organizing Committee of the Annual Investment Meeting, stated, “Since the global pandemic, the Annual Investment Meeting has undertaken several innovative and technologically driven initiatives to transform the economy towards an upward direction. The platform has continued to drive investments through smart solutions. It has also pushed for the development of several projects that add value to investors and the economy in general.”
Under the partnership, Smart Africa and the Annual Investment meeting will bring stakeholders together to deliberate, review and negotiate investment into Africa’s digital agenda driven by Smart Africa’s projects. These will include investments in broadband capacity, Smart Cities, interoperable digital identification and capacity building among other initiatives.
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About the Annual Investment Meeting
Annual Investment Meeting (AIM) is the world’s leading platform for Foreign Direct Investment (FDI), aimed at facilitating strategic networking and promoting investments. It is the largest gathering of the international investment community, policy makers, business leaders, regional and international investors, entrepreneurs, leading academics and experts showcasing up-to-date information and strategies on attracting FDI.
It convenes key decision-makers from around the world, bringing together businesses and countries willing to engage in sustainable partnerships with investors. It offers a variety of features aimed at facilitating strategic networking and promoting investments while providing a worthwhile learning experience.
About Smart Africa
Smart Africa is an alliance of 32 African countries, international organisations and global private sector players tasked with Africa’s digital agenda. The alliance is empowered by a bold and innovative commitment by African Heads of State to accelerate sustainable socio-economic development on the continent and usher Africa into the knowledge economy through affordable access to broadband and the use of ICTs. With a vision to create a single digital market in Africa by 2030, the Smart Africa Alliance brings together Heads of State who seek to accelerate the digitalization of the continent and create a common market. Launched in 2013 by seven (7) African Heads of State, the Alliance now has 32 member countries, representing over 815 million people and over 40 Private Sector members committed to the vision and the advancement of Africa.
For more information, contact:
Smart Africa Secretariat
E-mail: comms@smartafrica.org
Website: www.smartafrica.org
Twitter: @RealSmartAfrica
Facebook: RealSmartAfrica
