Nigeria to host West Africa Deal Summit in November --[Reported by Umva mag]

The summit aims to foster strategies for transforming the investment landscape in the region by promoting catalytic capital for SMEs.

Building on the success of the inaugural summit, which attracted over 300 delegates, this year’s event will focus on reviewing progress and commitments made to address the $331 billion SME financing gap in West Africa. Participants will include executives, impact investors, fund managers, and NGOs who will collaborate to develop action-oriented plans for accelerating catalytic capital deployment.

Etemore Glover, head of the Impact Investors Foundation of Nigeria, emphasized Nigeria’s strategic role in catalyzing sub-regional investments. He highlighted the country’s commitment to supporting innovative businesses and promoting economic diversification.

Amma Lartey, from Impact Investing Ghana, underscored the summit’s goal of creating a resilient and inclusive economic future. She emphasized the need for actionable strategies to transform the landscape of impact investing in West Africa.

Participants from Burkina Faso and Senegal expressed their support for the summit’s objectives. Yacouba Ouedraogo from Burkina Faso highlighted the event’s potential to improve the capacity to unlock more catalytic capital investments. Bowel Diop from Senegal advocated for going beyond conversations to address the barriers that limit the flow of catalytic capital in the region.

ODL/te/Sf/fss/abj/APA

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