The African Development Bank has unveiled a new digital platform for the African Investment Forum connecting investors to investment opportunities in Africa, with up-to-date information and documentation about the deals.
Known as the Platform, the portal will provide Transaction Facilitators and Advisers a space to showcase their professional services to both Investors and Project Sponsors.
Project Sponsors will be able to provide information on their deals to a wide variety of investors at zero cost, while investors can showcase their product and service offerings, as well as express interest in projects on the platform.
The platform is expected to become Africa’s premier digital marketplace and first resort for accessing an eco-system of investment stakeholders, projects and investment services providers
Aside from promoting centralized deal origination and reducing intermediation costs, The Platform will provide a live database of deals and non-confidential investment opportunities in Africa; it will be a repository of information on investors and technical assistance providers on the continent and will matchmake investors, co-financiers and projects across sectors, instruments and regions.
The platform will also have deal flow analytics and investment support services, give users access to the trainings and courses in the ConnectAmericas Academy among others.
Africa’s growth prospects remain steady, with overall GDP projected to accelerate to 4% in 2019, according to the Bank economic outlook report. Increasingly, the continent is witnessing a surge in the number of deals requiring financing, as a greater number of large and attractive businesses require increased capital for expansion.
The Platform will connect a vibrant community of users interested in investing in deal in Africa, with relevant information on available deals, sources of funding, and further technical assistance.