Finance Working Group

May 12, 2014    "Investing in West Africa's Energy and Power Sector with Mr. Afolabi Oladele"

CCA’s Energy and Finance Working Groups co-hosted Mr. Afolabi Oladele, partner at African Capital Alliance (ACA), based out of Lagos, Nigeria. Mr. Oladele began by highlighting the investment potential throughout Nigeria and West Africa and how his private equity firm has worked to capture this opportunity.  ACA was formed in 1997 and has built a wealth of credibility and recognition since it began operating, facilitating funding amassing to over $700 million. ACA’s investments span over a number of sectors; however, Mr. Oladele cited the energy industry as an area that has become increasingly promising. Mr. Oladele continued by discussing, the recent shift from government ownership to privatization in Nigeria, which has now presented investors with new means of participating in the market. 

April 10, 2014    "CCA Forum Forum: Africa's Infrastructure: Maximizing Your ROI"

Africa's Infrastructure: Maximizing Your ROI aimed to bridge the gap between U.S. and African financial institutions, African Finance ministers and Central Bank governors. Offering two informative panel sessions and leading industry keynote speakers, this half-day forum focused on the strategic role U.S. financial institutions can play in establishing themselves and financing projects on the continent. Attendees included African Finance ministers, Central Bank governors, key U.S. and African financial institutions and private sector players, such as investment and commercial bankers, as well as hedge fund and private equity managers. The Forum concluded with a cocktail reception, allowing attendees to maximize networking time and connect with potential partners and key players. Read More

March 21, 2014    "New Investment Dynamics on the Continent with Mr. Jean Philippe Prosper, Vice President, Sub-Saharan Africa, Latin America and the Caribbean, International Finance Corporation (IFC)" 

CCA's Finance Working Group (FWG) hosted Mr. Jean Philippe Prosper, Vice President, Sub-Saharan Africa, Latin America and the Caribbean at the International Finance Corporation (IFC), the private sector arm of the World Bank Group. Mr. Prosper briefed attendees on the impact IFC is making on the continent by investing, mobilizing capital and managing assets. He explained that Africa is a key strategic priority for IFC. In fiscal year 2013, IFC invested over $5.3 billion Sub-Saharan Africa across several sectors, including infrastructure, agribusiness, financial services and others. He continued by noting that IFC’s strategy in Africa is threefold: bridge the infrastructure gap, by investing in physical, social and financial infrastructure; build a productive sector by investing in agribusiness and manufacturing; and have an inclusive business approach. Read More