The third edition of the Africa Investment Forum Market Days is fast approaching.
Taking place in Abidjan, Côte d’Ivoire, from 2 to 4 November, the Africa Investment Forum 2022 will be Africa’s largest transactional investment marketplace. It will bring together deal sponsors, deal brokers and deal makers from around the world.
This year’s event will be the first face-to-face gathering since AIF2019. The Covid-19 pandemic resulted in the cancellation of the 2020 Market Days, while the Omicron variant led to the AIF2021 being postponed to March 2022.
Despite this drawback, much work has been done leading up to the Africa Investment Forum Market Days 2022. The objective is to foster productive engagements between the public and private sectors. The Africa Investment Forum has continued to provide investors with access to a funding platform, offering bankable and de-risked projects within an enabling environment.
Under the Unified Covid-19 Response, the Africa Investment Forum’s founding partners— African Development Bank, Africa 50, Africa Finance Corporation, Afreximbank, Development Bank of Southern Africa, European Investment Bank, Islamic Development Bank and Trade and Development Bank—identified 13 projects across five relevant sectors for funding consideration. These projects have a collective value of $3.68 billion, with each project helping advance Africa’s self-sufficiency and resilience against future shocks.
The Africa Investment Forum’s Deal Tracker mechanism has continued to monitor the conversion of investment interests into financing commitments. It has done so while accelerating the investment allocation process for deals moving towards financial closure. Ten transactions from the 2018 and 2019 Boardroom portfolios made up of deals valued at $3.1 billion had successfully reached deal closure by 2021 year-end. The African Development Bank is partly financing six of these deals, with the Bank contributing a cumulative financing of $225.7 million to close the funding gap in these deals.
The ten closed AIF transactions are the following:
- Multinational African Infrastructure Investment Fund
- Multinational African Guarantee Fund for Small and Medium-sized Enterprises
- Rwanda Gabiro Agri-Business Hub Phase 1
- South Africa Beef Agro-processing Project
- Togo Lomé New Thermal Power Plant
- Ghana COCOBOD
- Multinational Alitheia IDF Fund
- Multinational Facility for Energy Inclusion
- Multinational AfriInvest IV
- Nigeria Infrastructure Credit Guarantee Company Limited (“InfraCredit”) .
In March 2022, the Africa Investment Forum held its Virtual Boardrooms, where 45 projects worth up to $50 billion were presented and discussed. Eight of these were women-led with a value of nearly $5 billion. The Boardrooms resulted in $32.8 billion in investment interest.
Transformative Boardroom transactions include a $79 million biomedical and pharmaceutical hub; a $348 million b biomass power plant; a $140 million oncology hospital; a $454 million fibre optic project; a $140 million film and performing arts academy; a $65 million innovative telemedicine project; a $450 million technology village; a $4.2 billion freight railway project; and a $4.5 billion East Africa refinery fuel project.
Outreach to global and local investors has continued. Since the Africa Investment Forum Boardrooms in March 2022, investor roadshows have taken place in the United States, Europe and Africa. This included a dedicated women-centred investment roundtable in partnership with the United States Trade and Development Agency (USTDA). Interest has been high, with many investors seeking to participate or committing to participate in this November’s Africa Investment Forum Market Days.
Born out of Africa’s need for a premier and pivotal platform for attracting domestic and foreign direct investment to the continent, the goals of the Africa Investment Forum’s multi-stakeholder, multidisciplinary platform are to: advance projects to bankable stages, raise capital and accelerate the financial closure of deals.
All eyes will be on Africa Investment Forum 2022 (AIF2022), where investment interest is expected to convert many more transactions to closure.
Source: afdb.org
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Tanzania Declares End of Marburg Virus Disease Outbreak
Tanzania today declared the end of Marburg virus disease outbreak after recording no new cases over 42 days since the death of the last confirmed case on 28 January 2025.
The outbreak, in which two confirmed and eight probable cases were recorded (all deceased), was the second the country has experienced. Both this outbreak, which was declared on 20 January 2025, and the one in 2023 occurred in the north-eastern Kagera region.
In response to the latest outbreak, Tanzania’s health authorities set up coordination and response systems, with support from World Health Organization (WHO) and partners, at the national and regional levels and reinforced control measures to swiftly detect cases, enhance clinical care, infection prevention as well as strengthen collaboration with communities to raise awareness and help curb further spread of the virus.
Growing expertise in public health emergency response in the African region has been crucial in mounting effective outbreak control measures. Drawing on experience from the response to the 2023 Marburg virus disease outbreak, WHO worked closely with Tanzanian health authorities to rapidly scale up key measures such as disease surveillance and trained more than 1000 frontline health workers in contact tracing, clinical care and public health risk communication. The Organization also delivered over five tonnes of essential medical supplies and equipment.
“The dedication of frontline health workers and the efforts of the national authorities and our partners have paid off,” said Dr Charles Sagoe-Moses, WHO Representative in Tanzania. “While the outbreak has been declared over, we remain vigilant to respond swiftly if any cases are detected and are supporting ongoing efforts to provide psychosocial care to families affected by the outbreak.”
Building on the momentum during the acute phase of the outbreak response, measures have been put in place to reinforce the capacity of local health facilities to respond to potential future outbreaks. WHO and partners are procuring additional laboratory supplies and other equipment for disease detection and surveillance and other critical services.
Marburg virus disease is highly virulent and causes haemorrhagic fever. It belongs to the same family as the virus that causes Ebola virus disease. Illness caused by Marburg virus begins abruptly. Patients present with high fever, severe headache and severe malaise. They may develop severe haemorrhagic symptoms within seven days.
In the African region, previous outbreaks and sporadic cases have been reported in Angola, the Democratic Republic of the Congo, Ghana, Kenya, Equatorial Guinea, Rwanda, South Africa and Uganda.
Source: allafrica.com
