PRTODAY / NewswireToday Free press release distribution service network

More news: Energy
Written by / Agency / Source: Clarion Events Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

African Development Bank to Show 'Enormous Investment Opportunities' At African Utility Week - South Africa has been a model for good investment environment in the region, says the African Development Bank’s Neside Tas Anvaripour, Head of Infrastructure Finance in the Private Sector Department - African-Utility-Week.com
African Development Bank to Show 'Enormous Investment Opportunities' At African Utility Week

 

NewswireToday - /newswire/ - Johannesburg, South Africa, 2012/04/12 - South Africa has been a model for good investment environment in the region, says the African Development Bank’s Neside Tas Anvaripour, Head of Infrastructure Finance in the Private Sector Department - African-Utility-Week.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The AfDB executive is a headline speaker at the upcoming African Utility Week where more than 5000 utility professionals and energy experts will gather in Johannesburg in May.

Says Anvaripour: “over the past decade, South Africa has shown political stability and a consistent regulatory environment and the size and strength of the country’s capital markets and the Johannesburg Stock Exchange is a testament to that. While the investment environment in Africa continues to improve, South Africa, as well as Namibia, Cape Verde, Mauritius, Tanzania, Tunisia, Ghana, amongst others, stand out as gateways into the continent.”

Increase in investor interest in Africa
According to the AfDB’s Anvaripour, Africa has been one of the continents least affected by the economic downturn: “Over the last couple of years, Africa is home to 6 of the 10 fastest growing economies in the world and the growth rate for Africa as a whole has been approximately 7%, on the back of strong commodity prices. Additionally, the continent is witnessing a growing middle class and greater economic stability quelling previously held misconceptions about the region.”

She says these factors in conjunction with the African markets’ low correlation to the economic activity, has provided impetus for investor interest in the African growth story. “This interest has resulted in an increase in private equity activity and funds raised on the continent. Many would argue that the global economic recession has made investors more cognizant of the opportunities in Africa.”

Incredible opportunity
Tas Anvaripour says if deals are structured properly, there are enormous opportunities for private investors to realise long-term, risk-adjusted terms in Africa: “We can help with the structuring. Come help us with the investment & sector expertise. The Public-Private-Partnership (PPP) model is viable and proven and can become a widely adopted, effective model for financing infrastructure projects in Africa. Having supported the PPP model in Senegal, we are now looking at improving PPP opportunities in Mauritius and a number of other African states. Again, the AfDB is here to help.”

“Given that the estimated financing requirement to close Africa’s infrastructure deficit amounts to approximately USD 45 billion every year, there exists an incredible opportunity for investors willing to come to Africa. Given governments’, IFIs’, and DFIs’ dedication to the success of these projects, as well as the proven success of the PPP model, it surprises me that more people have not taken advantage of these opportunities.”

IFIs=international finance institutions
DFIs=development finance institutions

Investor or maverick
During this year’s African Utility Week, taking place at the Expo Centre in Johannesburg, Tas Anvaripour will address African energy ministers, financiers and utility professionals during the investor-focused Infrastructure Investment track. Says the AfDB executive: “it isn’t often that people get to play a role in a growth story like the one currently taking place in Africa. Whether you are an investor, public sector player, or a maverick, there are various roles that you can play throughout the exciting narrative of this region. Take the opportunity and enjoy the experience.”

This year’s conference and exhibition will also address other utility services such as Metering, Renewables, Water, Large Industry, Transmission & Distribution/Smart Grids, Generation and Waste Management. Some 5000 of the continent’s utility professionals, energy regulators and utility service and technology providers are expected at the largest utility gathering of its kind on the continent.

More speaker highlights from African Utility Week:
• Welcome address: Brian Dames, CEO, Eskom Holdings, South Africa
• Keynote address: Paul Reiter, Executive Director. International Water Association, The Hague, The Netherlands
• Pakaj Gupt, World Bank, United States
• Ronald Chauke, Electricity Regulator Reform, National Energy Regulator of South Africa
• Monique Koning, Head of Division, Project Finance and Guarantees, European Investment Bank, Belgium.

Event dates:
Conference: 22-23 May 2012
Exhibition: 21-23 May 2012
Pre-conference workshops: 21 May 2012
Site visits: 24 May 2012

Event location: Nasrec Expo Centre, Johannesburg

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Clarion Events Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


African Development Bank to Show 'Enormous Investment Opportunities' At African Utility Week

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Annemarie Roodbol - ClarionEvents.com 
+27 21 700 3558 annemarie.roodbol[.]clarionevents.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Clarion Events Ltd securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Clarion Events Ltd / Company Profile


Read Energy Most Recent Related Newswires:

GE’s First Power Services Remote Monitoring and Diagnostics Center in Asia Pacific Enables Increased Performance through Analytics
Vestas Secures Order for 101 MW in the United States
PPG to Distribute Wastewater Substrate-repair Products from Sauereisen
Enel Begins Operations At World’s First Commercial Geothermal-hydro Hybrid Power Plant
Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe
Enel Inaugurates Apiacás Hydropower Complex in Brazil
Steam and Gas Turbine Manufacturers Realign Strategies to Harness Growth Opportunities within Clean Power Generation
Enel Starts Construction of Peru’s Largest Solar PV Plant
GE and Maersk Drilling to Pilot Marine Digital Transformation
SolarWinds to Join the Discussion on Interoperable IT Management for Defense Forces at AFCEA’s TechNet Asia-Pacific 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  Triggr & Bloom

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)