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Africa’s premier infrastructure summit, AFC Live, has welcomed more than 600 leading thinkers from government, academia, business and finance and fuelled ground breaking debate on both the opportunities and the challenges of investing in infrastructure in Africa.

Keynote speakers including HE Yemi Osinbajo, Acting President of Nigeria, and Professor Chukwuma Soludo, the former Governor of the Central Bank of Nigeria, highlighted the need for African led-initiatives to drive the infrastructure revolution. HE the Acting President praised hosts Africa Finance Corporation (AFC) for bringing together the public and private sector to develop Africa’s much-needed infrastructure projects and joined ministers of finance, trade and economy from Nigeria, The Gambia and Uganda respectivelyto debate some of the industry’s key challenges and opportunities, including how to make infrastructure projects bankable.

Andrew Alli, President and Chief Executive of AFC who opened the Summit on Monday, commented on the importance of project development expertise in African infrastructure investment: “The earliest stage of conception and development of any project is crucial. Private capital will not come to invest in African infrastructure if projects are not sustainable and bankable.

“By focusing on supporting project development and using our local knowledge and sector expertise to identify and mitigate risks, we can help accelerate the number of viable, bankable projects across the continent, creating the market for other forms of capital to follow, and ultimately bridge the investment divide that currently exists.”

Ian Bremmer, the President and Founder of Eurasia Group, will close proceedings this evening, highlighting how trends in the global economy will impact African markets over the next ten years.

AFC Live coincides with AFC’s 10th anniversary, that sees the Corporation celebrating a decade of pioneering infrastructure investment and project development, over which it has invested approximately $4 billion across 30 countries.

At the summit, AFC also launched its pioneering infrastructure investment report in conjunction with Boston Consulting Group (BCG). The report proposes guidelines for the public and private sector for investing in infrastructure and highlights best practice case studies in the industry including Cenpower Kpone IPP, Ghana, and Henri Konan Bédié Bridge, Côte d’Ivoire.

The summit is sponsored by international law firm, Hogan Lovells; professional services company, KPMG; an international petroleum group, Petrolin Group; and leading credit and political risk Insurance Broker, Texel Finance Limited.
Kenneth Omeruo
Omeruo Ndukaku Kenneth is an Innovation Management expert,the CEO of Emerging Media,a new media company.He is a member of ISPIM - International Society for Professional Innovation Management and the US-Africa chamber of Commerce.He is the Founder of TechTrends Nigeria Blog,Nigeria Innovation Summit and the African Innovation Academy.Kenneth is a highly sought-after Internet Marketing Consultant who has through his seminars, articles, training and consulting, helped many organizations, Individuals, Businesses maximize the Internet for business purposes.Kenneth has also being featured as a guest on the TV show TODAY ON STV Nigeria and on Bloomberg Africa TV.He is the author of the best –selling Internet Book: How To Create Unlimited Internet Wealth. He is a syndicated columnist with the following Newspapers in Nigeria: Daily Independent, Financial Standard, PUNCH, BusinessDay, and Sun.Kenneth organises the EduNet Conference for Universities in Nigeria. Kenneth is a member of Institute of Software Practitioners of Nigeria( ISPON ) Roundtable For Capacity Development in Nigeria,member pre-selection committee for Nigeria at the UN World Summit Awards,a Panelist for Youth Enterprise With Innovation in Nigeria(YouWIN)-a Federal government initiative created by the ministry of finance,supported by ministries of Communications Technology,Youth Development,Worldbank and DFID. A 2013 Judge at the Google Cloud Developers Challenge for Sub Saharan Africa.He has been a contributing editor of Nigeria Communications Week,Africa Telecom and IT Business Magazine,ICT Today magazine,M2 magazine.Kenneth has been invited to the Commonwealth Telecommunications Organisation Forum, Oracle Open World Conference USA, Oracle Cloud World Dubai, and GITEX Dubai. He now lives in New York with his family and presently working on an Open Innovation project for Nigeria. You can contact Kenneth through email: (kenneth (at)techtrendsng.com) Facebook:www.facebook.com/Kenneth.omeruo On Twitter:www.twitter.com/kennethomeruo Skpe:Kenneth.Omeruo

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