May 17, 2022 | London, UK

Bloomberg Invest: Focus on Africa

Every crisis creates an opportunity. Even though the pandemic put the brakes on social and economic progress in Africa, as the continent rebuilds, it has a chance to pursue a growth path that is responsible, inclusive and sustainable.

The region has enormous economic potential: a youthful population, burgeoning tech sector, rich natural resources and fast growing markets offer rewarding opportunities for investors and global businesses. However, challenges remain. Millions of people have been pushed into poverty. The impact of climate change worsens each year. Political instability in some countries is rising. This needs urgent attention. The world must come together to discuss Africa’s recovery and how to finance its needs.

At Bloomberg Invest: Focus on Africa, we discuss actionable solutions for Africa to reimagine its future. What will it take for investors to deploy their capital in the continent? We will convene corporate leaders, policy makers, innovators and thinkers to explore key issues around investing so that the Africa that emerges from the pandemic is stronger than the one that went into it.

Join us. At Bloomberg Invest: Focus on Africa.

May 16 - Monday

7:15 pm

In Conversation with… Addressing Investors’ Concerns and Discussing Opportunities

In this conversation, we look at the Angolan example and examine the opportunities and challenges for investors in the industrial sector. We discuss the concerns investors have and how they can be allayed. We look at the impact of the pandemic on supply chains and the knock on effect on manufacturing. And we spotlight the government’s plans for so-called Special Economic Zones in Luanda and elsewhere in Angola – could this model be replicated across Southern Africa?

  • Víctor Francisco dos Santos Fernandes, Minister of Industry and Commerce, Republic of Angola
  • Moderator: Henrique Almeida, Breaking News Reporter and Editor for Bloomberg in Western Europe, Bloomberg

Click here to view the transcription

8:05 pm

Investing in Manufacturing in Africa: Untapped Business Opportunities

Industrialisation is at the center of African nations efforts to meet growing local consumer demands for goods and services and become the next global manufacturing hub. What should the governments’ strategies be to foster a competitive manufacturing sector? Some governments plan to sell assets through a massive privatization program including factories and other manufacturing facilities, but who is buying these assets?

  • Liz Lloyd, Chief Impact Officer, British International Investment
  • Marco Serena, Group Head of Sustainable Development Impact, Private Infrastructure Development Group (PIDG)
  • Maher Jarmakani, Chairman and CEO, Nigerdock
  • Moderator: David Malingha, East Africa Bureau Chief, Bloomberg

Click here to view the transcription

May 17 - Tuesday

9:35 am

Conversation with a Newsmaker

A one on one conversation with a Newsmaker playing a key role in charting Africa’s economic path.

  • Cina Lawson, Minister of Digital Economy and Digital Transformation, Togo
  • In conversation with Arijit Ghosh, Africa Managing Editor, Bloomberg

Click here to view the transcription

9:55 am

Tech's New Frontier

The continent’s tech sector is booming. The pandemic led to a massive increase in investment into digital services and tech-enabled solutions. The result? A sharp increase in the number of Unicorns in Africa. We hear from the most innovative startups on the continent and look at their impact on development.

  • Yemi Lalude, Partner, Head of Africa, TPG Rise
  • Tim Steel, CEO, Copia
  • Isis Nyong’o Madison, Co-founder, WomenWork; Principal, Asphalt & Ink
  • Moderator: Samuel Gebre, Africa Correspondent, Bloomberg

Click here to view the transcription

10:20 am

In Focus: Climate Change

A conversation about the UK’s support to African-led projects to protect vulnerable communities at the frontline of climate change

  • Vicky Ford, Parliamentary Under Secretary of State (Minister for Africa, Latin America and the Caribbean)
  • Moderator: Akshat Rathi, Senior Reporter, Climate, Bloomberg

Click here to view the transcription

10:40 am

The Road to Green Energy

What does the race to Net Zero mean for countries in Africa? We look at how the region can contribute to emission reductions and benefit from the dynamics of a global energy transition.

  • Norman Moyo, Group CEO, Distributed Power Africa
  • Peter BenHur Nyeko, Co-founder, Mandulis
  • Mallika Kapur, Deputy Global Editor, Bloomberg Live

Click here to view the transcription

11:00 am

Building Africa

Poor infrastructure cripples growth. In many parts of Africa, roads, ports, railway lines and airports are in need of urgent repair. Access to reliable electricity is more important than ever due to a growing reliance on technology for work, education and e-commerce. What is this region doing to improve its infrastructure and logistics network? How can Africa close its infrastructure gap and will infrastructure projects – from those in the pipeline to the ones under construction – propel growth?

  • Maher Jarmakani, Chairman and CEO, Nigerdock
  • Sergio Pimenta, Regional Vice President for Africa, IFC
  • Moderator: Jennifer Zabasajja, Anchor, Bloomberg Quicktake

Click here to view the transcription

11:25 am

Public Health: The Path to Self Reliance

Africa currently imports most of its medicines, vaccines and other health products which means these items are often expensive or not readily available. As the continent recovers from Covid-19, there is an opportunity to change Africa’s paradigm from being heavily dependent on pharma imports to being self-reliant – which will not only improve the health of people and communities, it will propel economic growth.

  • Sarmad Lone, Regional Head, Client Coverage Corporate, Commercial & Institutional Banking Africa & Middle East, Standard Chartered Bank
  • Steve Murigi, Head of Programmes & Partnerships, Amref Health Africa UK
  • Mallika Kapur, Deputy Global Editor, Bloomberg Live

Click here to view the transcription

11:50 am

In Conversation with a Newsmaker (virtual): An economic outlook for the oil rich nation of Angola

  • Vera Daves de Sousa, Finance Minister, Republic of Angola
  • Moderator: Henrique Almeida,  Breaking News Reporter and Editor for Bloomberg in Western Europe, Bloomberg

Click here to view the transcription

12:05 pm

Africa: The Path to Debt Sustainability

The pandemic diverted vital funds away from debt relief towards essential healthcare needs. This, with a decline in government revenues as economic growth stalled, added pressure to a region already saddled with massive debt. How can African countries chart a way out of this debt trap?

  • Gregory Smith, Author, Where Credit is Due
  • Razia Khan, Head of Research, Africa and Middle East, Standard Chartered Bank
  • Moderator: David Malingha, East Africa Bureau Chief, Bloomberg

Click here to view the transcription

12:30 pm

In Conversation with a Newsmaker:

  • James Mwangi, CEO, Equity Group
  • Moderator: Jennifer Zabasajja, Anchor, Bloomberg Quicktake

Click here to view the transcription

12:45 pm

In Conversation with a Newsmaker:

On inflation, a slowdown in growth, and the role that the central bank sees itself playing in stabilizing Ghana’s economy.

  • Ernest Addison, Governor, Bank of Ghana
  • David Merritt, Senior Executive Editor, EMEA, Bloomberg

Click here to view the transcription