Africa Diaspora Investment Forum
19-20 November 2004, London, United Kingdom
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Commission for Africa

Pre G8 Summit Discussion Forum on Commission for Africa's Report
9 June 2005, 12:00 Prompt
Noga Hilton
Geneva Switzerland

Organisers


Africa Diaspora Investment Forum is being organised by

Africa Business Roundtable (ABR) believes Africa’s private sector is the commercial engine for the continent’s overall economy. ABR seeks to emphasize the economic partnerships, which unites the Public Sector, Developmental Partners and the Private Sector for economic rejuvenation. ABR Members are drawn from all the regions of Africa, from Cairo to Cape Town.
For more information visit: www.abrnet.org

 

NEPAD (New Partnership for African Development) Business Group comprises leading business organisations that have a broad constituency - both inside and outside Africa - and are committed to supporting the continent’s ambitions to realise its full economic potential.
For more information, visit: www.nepadbusinessgroup.org

 

Africa Stock Exchange Association (ASEA) consists of 16 members drawn from African Stock Exchanges. The ASEA was incorporated in 1993 in the Republic of Kenya. ASEA's aim is to provide a formal framework for the mutual co-operation of stock exchanges in the African region. Its functions include the exchange of information and assistance in the development of member exchanges, dealing in a broad range of securities, including strong and fast growing markets in South Africa, Ghana and Nigeria. The fast growing private equity and Venture Capital markets deal mostly in small and medium scale companies. The African Capital markets are being rated as having the highest returns in the world, in dollar terms. Ghana recorded 144% growth for 2003, while Nigeria recorded 98% growth for the same period under review.

 

In Partnership with

 

 

AfricaRecruit is a organisation which builds relationship with African individuals and organisations in the Diaspora to facilitate employment in Africa . Africarecruit possesses a database of over 950 African Diaspora organisations, whose members have a diverse range of intetests. It has a mailing list of over 100,000 Africans in the Diaspora.
For more information, please visit : - www.africarecruit.com

 


BEN Television
is the first multi-cultural, urban and cosmopolitan channel operating from United Kingdom (SKY EPG number 184). BEN Television is a ‘free- to-air channel and can be received on the Sky Television network.

BEN Television is the largest provider of wholesome infotainment content, targeting a black and ethnic audience across Europe; its appeal reaches across the cross-cultural audience from a younger generation, through to the more mature, professional and affluent consumer.

BEN Television’s satellite footprint covers UK, Europe and parts of North Africa and reaches more than 7 million homes on the Sky satellite network. BEN Television’s potential audience is 30 million digital satellite homes.
For more information visit: www.bentelevision.com

 

The Nigerian Stock Exchange was established in 1960 as the Lagos Stock Exchange and changed its name to the The Nigerian Stock Exchange in December 1977. At present it has 8 branches (Lagos, Kaduna, Port Harcourt, Kano, Onitsha, Ibadan and Yola), with trading floors which double as office areas, where investors are enlightened about the merits of saving and investing in the Nigerian Capital Market.

Today the Nigerian Stock Market boasts of 265 Securities with a Total Market Capitalisation of over One Trillion, Nine Hundred Billion Naira, as at 7th June 2004.

The monumental growth of the Nigerian Stock Exchange can be attributed to the strong partnerships that have been forged between local Nigerian investors and their counterparts overseas.

The Nigerian Stock Exchange was deregulated in 1993 and in 1995 the Federal Government of Nigeria relaxed the restrictions preventing foreign participation in the stock market. As a result, the Nigerian Stock Exchange has received widespread interest from foreign investors, where the size of their investments has grown to an unprecedented 47% of the entire market capitalization of the Nigerian Stock Market.

The Nigerian Stock Exchange satisfies all of the 30 stipulations set out by the World Federation of Exchanges for a mature market. These include an automated trading system that executes orders in real-time, an automated clearing and settlement system with a T+3 settlement cycle and a world-class compliance regime. The Nigerian Stock Market can be said to be very investor friendly with truly transparent price discovery mechanisms in place.

   

 

 

 

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