The Africa Investment Risk Compliance Summit being hosted by the EBII Group, a public benefit corporation, has been moved to July 22- 23, 2024.
The adjustment according to CEO and President of EBII Group, Adjoa Adjei-Twum, is key to finding a multi-faceted approach to solving investment and trade challenges in Africa.
“This change is strategic to not only ensure there are better collaborations and sustained efforts to change risks and compliance challenges for investors in Africa but also a unique opportunity to enhance the overall experience for participants, with enriched speaker sessions and greater networking opportunities.
The AIRC Summit being hosted at 200 Massachusetts Ave NW, Suite 400, Washington, DC 20001 will put investment and trade risk perception and the reality of Africa at the centre stage in the context of Africa’s critical role in supplying the minerals powering the global transition to clean energy.
“In the competitive global landscape, our mission is to forge and promote sustainable, mutually beneficial partnerships that prioritise compliance and risk management in a continent ripe with opportunities, yet complex in its diversity and challenges,” says Adjoa Adjei-Twum.
Africa has consistently suffered from high-risk perception and compliance challenges contributing to the continent’s estimated $200 billion trade and investment financing gap.
With foreign direct investment flows to Africa falling by 3% in 2023, major stakeholders have called for dramatic measures to address these challenges as the continent is expected to play a key role in the global clean energy transition efforts.
Adjoa Adjei-Twum believes US Trade and Investment interests in Africa should be aligned with current investment opportunities on the continent.
“We at EBII Group believe that with the strategic relations of US with Africa, investment and trade risk of the continent can change when the right controls frameworks are properly implemented across organisations and governments. It is crucial for African governments to ensure compliance in the regulatory environments, supply chains among others are implemented to meet international standards of governance.”
She says current investment opportunities in Africa should be positioned as a sustainable corporate strategy for foreign investors because investing in Africa has proven to be a good business, especially when all the necessary risks are addressed and mitigated.
The AIRC Summit offers a distinctive platform uniting key stakeholders from Africa and around the world to foster collaborative solutions to investment risks on the continent. It facilitates substantive dialogue, potential deal-making, and cross-border collaboration aimed at unlocking investments while prioritizing innovative approaches to maintaining rigorous compliance standards in the extractive sector.
The theme for the 2024 AIRC Summit is “Sustainable Resource Extraction in a Changing Climate: Compliance, Strategies, and Innovations.”
This year’s high-level program will feature panel discussions, fireside chats and keynote addresses on topics including mapping Africa’s resource wealth, navigating regulatory frameworks, mitigating supply chain corruption risks, leveraging AI for compliance, and most importantly dissecting investment risk perception and the reality of Africa.
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