Conference Highlights

Photos: 2nd Annual Africa Investment Summit

AsianInvestor and FinanceAsia jointly hosted the 2nd Annual Africa Investment Summit at the Conrad Hotel in Hong Kong on November 13.

Photos: 2nd Annual Africa Investment Summit
Olusegun Obasanjo, former president of the Federal Republic of Nigeria

AsianInvestor and FinanceAsia jointly hosted the 2nd Annual Africa Investment Summit in Hong Kong on November 13.

Former presidents, government officials, institutional investors, asset managers, private equity firms and investment bankers gathered at the Conrad Hotel in Hong Kong to discuss facilitating Asian-African investment flows and trends.

Topics discussed included how to construct a private equity portfolio in Africa, the continent’s commodity super-cycle, and the Asian investor perspective on Africa.

Korean investors, facing low growth prospects at home, are making fledging investments into a number of frontier markets, including Africa, to diversify their portfolios. Jeung Jae-Ho, chief investment officer at the $35 billion Korean Federation of Community Credit Cooperatives (KFCC), noted his organisation aims to raise overseas investment by 5-10% next year, while Kim Joong-Il, CIO of the Specific Post Office Service Agency, a subsidiary of Korea Post, noted that it already has some fund of funds exposure to Africa. 

Africa’s private equity opportunities are also appealing, given the economic slowdown in other Bric nations. 

To see our gallery of pictures, please click here.

¬ Haymarket Media Limited. All rights reserved.


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November 2016 Magazine
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