The Hon. Senzeni Zokwana, Minister of Agriculture, Forestry and Fisheries of South Africa will deliver the keynote address and lead the way at Africa’s largest agri investment event from 28-30 November in Cape Town, South Africa (www.agri-indaba.com).
The African Agri Investment Indaba is the largest investment platform for agri business and covers the entire value chain of agriculture with an international high level conference, an exhibition area and the “Investment Discovery Sessions”. These sessions will present pre-selected African agri projects from over 12 countries and a combined value of US$ 2.6 million to African and international investors.
Deal-making and the long term growth of African agriculture are the priorities of the event, an international gathering where business and government talk the same language and come together at one table.
Speakers discuss real market opportunities across the various African regions, African agriculture as a growing private equity investment vehicle and how to create globally competitive industries in emerging markets across Africa.
“We are honoured to have the Hon. Minister Zokwana deliver the keynote address to this international audience” states Ben Leyka, Executive Director of the African Agri Council, a network of agri executives and organiser of the event.
“It demonstrates that agriculture and agri-business are on top of the agenda for African governments – we expect 5+ministers, 50+senior government representatives, 150+investors and 350+ international agribusiness leaders”.
According to the latest “Lions on the move II” report by Mc Kinsey, Africa could nearly double its manufacturing output (including agri processing) to $930 billion in 2025 from $500 billion today, provided countries take decisive action to create an improved environment for manufacturers. Three-quarters of that potential could come from Africa-based companies meeting domestic demand; today, Africa imports one-third of the food, beverages, and other similar processed goods it consumes. The other one-quarter could come from more exports. The rewards of accelerated industrialization would include a step change in productivity and the creation of up to 14 million stable jobs over the next decade.
While the potential that Africa offers is undoubted, the question remains: will it be achieved? Businesses and governments will need to work harder to capture the opportunity and come together in open forums such as the African Agriculture Indaba.
The African Agri Investment Indaba (AAII) 2016, taking place from the 28 – 30 November 2016 at the CTICC in Cape Town, is the meeting place for senior government officials, executives and entrepreneurs across the agri value chain. With over $1bn worth of projects already in our database and a growing investor participation competing for the best projects to grow their agri portfolio, AAII 2016 is the ideal deal-making forum.
The African Agri Council in partnership with Wesgro and the Western Cape Department of Agriculture brings the African Agri Investment Indaba (AAII), to Cape Town, South Africa 28 – 30 November 2016. The AAII features a unique and key highlight — the “Investment Discovery Matchmaking” sessions where project owners looking for investors will get the opportunity to pitch a robust panel of investors – a highlight of the Indaba.
Over 30 projects have already been submitted from 10 African countries covering a range of sectors such as technology, poultry, aquaculture, meat and livestock, fisheries and agro processing to name a few.
“The Investment Discovery Sessions’ database of projects will appeal to a broad range of investors who are looking at getting in the double digit returns that the African agri sector has to offer … half of the projects we’ve found thus far are greenfield and the half focus on expansion and existing projects…with 30 projects already in we expect this number to exceed our 100 project target by November” says Ben Leyka, Executive Director of the African Agri Council who organises the event.
Some of the heavyweight finance and investment companies already on board include Acorn Private Equity, Thebe Investment Corporation, 1K1V, JIC Holdings, Agri Vie Investments, Octopus Investments, Industrial Development Corporation (IDC), Scibus Investments PTY Ltd., Old Mutual Investment Group, Signature Agri Ventures Ltd., Camscorp, Old Mutual Investment Group, FNB, Deutsche Bank to name a few.
“We are building a platform where delegates can do more to accelerate investment into this sector,” says Leyka.
With participation from Nigeria, Ghana, Rwanda, South Africa, DRC, Tanzania, Namibia, Zambia, Zimbabwe to name a few – the African Agri Investment Indaba is a must attend for any financier or investor involved or interested in the African agri sector, whether seasoned or a new entrant. Not only can delegates expect a number of opportunities to network with and learn from industry heavyweights and pioneers, but the unique forum offers a superb opportunity to fill their pipelines.
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