By Ajong Mbapndah L
On June 24 the 2018 Africa Trade and Investment Global Summit (ATIGS), will kick off in Washington D.C.Bringing together new and established partners from around the world to increase business ties, and partnerships,the summit will highlight and showcase trade and investment opportunities and development solutions across Africa and enable companies from around the world to scale or establish operations in Africa and beyond. Since the 2014 U.S.-Africa Leaders’ Summit, there have been few summits of this magnitude in Washington DC , and to learn more about the scope, and objectives of the event, Pan African Visons spoke to a leading member of the organizing team Bako Ambianda, Senior Director of GAA Exhibitions & Conferences
Could you tell us more ATIGS?
The Africa Trade & Investment Global Summit (ATIGS) is a unique high-level conference and exhibition, prestigious, biennial business platform designed specifically to promote and facilitate international trade between Americas, Asia, Caribbean, EU, UAE, with Africa; to facilitate foreign direct investment in Africa; and to provide a platform for businesses to expand into new markets. ATIGS is where companies around the world looking to expand or establish their business operations in Africa come to gain strategic knowledge about local investment opportunities, and connect with competent authorities, and businesses from Africa.
Who will attend ATIGS 2018?
The ATIGS 2018 edition scheduled on June 24 to 26, 2018 will gather key economic players from more than 70 countries, including government delegations, African buyers, high-profile African leaders, project developers, and international investors. The event has a well-structured format for facilitating direct peer engagement, for more advanced deal-making, co-investments, strategic partnerships, and business networking.
What is the theme of ATIGS 2018?
ATIGS 2018’s theme is “Driving Trade, Unleashing Investment, and Enhancing Economic Development: the Gateway to African Markets”. ATIGS 2018 will provide access to African markets as a one-stop shop, and connect global Investors to Africa market.
What are the sectors of focus for ATIGS 2018?
ATIGS program will cover 16 economic sectors particularly manufacturing, agribusiness, power, construction, infrastructure, transportation, IT, tourism, telecoms, healthcare, fintech, textile, and natural resources sectors.
Which African countries will delegates be coming from?
We anticipate to welcome delegates from over 40 African countries. We currently have confirmed delegates from 32 countries including South Africa, Algeria, Nigeria, Angola, Morocco, Cameroon, Kenya, Namibia, Ghana, Ethiopia, Gambia, and Uganda among others.
Which Western countries will delegates be coming from?
We already have registered delegates from UK, Spain, UAE, Turkey, Brazil, France, Switzerland, and Canada, among others. It must be noted that ATIGS is an Africa-global business event, so we anticipate delegates from more than 70 countries, and we currently have ATIGS country representatives in over 75 countries working on mobilizing delegates from their respective countries.
Who are some key speakers confirmed to grace the Summit?
We currently have 124 confirmed high-level speakers from more than 65 countries, which include key speakers like Dr. Munir Ahmad Ch, President of Aspire World Investments LLC from United Arab Emirates, Hon Senator Ike Ekwerenmadu, Deputy Senate President of Nigeria, Hon Kwaku Ofori Asiamah, Ghana Minister of Transport, Walid Loukil, Deputy Managing Director of Loukil Group from Tunisia, Xoliswa Daku, Founder & CEO of Daku Group of Companies from South Africa, Asma ALAOU, CEO of Africa Key Partners from Morocco, Belarmino Van-Dúnem, Chairman of Angola’s Investment and Exports Promotion Agency from Angola , Meir Moalem, CEO & Managing Director of Sky and Space Global from United Kingdom, Dr. Richmond Annan, President of iRichie Group Inc from Texas, and Andrew Herscowitz, USAID Power Africa Coordinator, among others.
How is ATIGS different from other summits focused on Africa?
Unlike most talk-shop conferences focused on Africa, ATIGS moves beyond that, and focuses on bringing together investment promotion agencies (IPAs), trade promotional organizations (TPOs), and international development organizations (IDOs) all under one roof to showcase investment opportunities to global investors, and enhance trade engagements between Americas, Asia, Caribbean, EU, UAE, with Africa in an ultimate business platform ideal for conducting G2B, G2G and B2B meetings.
We currently have 58 confirmed trade, investment and development organizations (TIDO’s) which include, Angola’s Investment and Exports Promotion Agency; Abuja Chamber of Commerce and Industry; Dubai Chamber of Commerce and Industry; Entreprises Du Cameroun; Ghana Investment Promotion Centre; Gambia Ports Authority; Guyana Office For Investment; Lesotho National Development Corporation; Lagos State Employment Trust Fund; Namibia Ministry of Industrialization; Trade and SME Development; Nigeria National Economic Council; Sierra Leone Investment and Export Promotion Agency, among others. Also, ATIGS is a conference and exhibition.
Tell us about the exhibition segment of the event?
You know, the exhibition is my favorable part of ATIGS. It will be divided into two sections. The exhibition hall 1 will showcase trade and investment opportunities in Africa by trade and investment agencies, and exhibition hall 2 will be dedicated for companies to showcase their products and services. Some highlights include Agriculture Pavilion, and Real Estate Pavilion. We currently have confirmed exhibitors from Spain, Brazil, Australia, UAE, Kenya, Kenya, and U.S.
Why Is ATIGS held in June 2018?
ATIGS is held under the umbrella of World Business Week on Africa, and strategically positioned between the 2018 SelectUSA Investment Summit (highest-profile event FDI event in USA), and the 27th World Gas Conference (world’s largest global natural gas event). It is estimated that Over 18,000 business leaders, media, and global investors will be in Washington D.C for different business and investment events all happening from June 20 to June 29, 2018.Therefore delegates that will make it to ATIGS 2018 (June 24-26,2018) can easily use one stone to hit three birds in terms of networking, deal-making, strategic partnerships, meetings, and more.
(Other Flagship Africa-focused small events to be held within the same week include: Arica-China Economic Forum, UAE-Africa Business Forum, US-Africa Manufacturing Forum, EU-Africa International Business Congress, LAC-Africa Business Forum, Africa FDI Shark Tank, Electrify Africa Forum, Africa Smart Cities Forum, Africa Construction and Infrastructure Forum, Africa Consumer Technology Forum, among others.)
Who are the key partners in the event?
We are delighted to organized ATIGS 2018 in partnership with Trustrade Consulting Group, Pan African Chamber of Commerce and Industry, Africa Global Chamber of Commerce, Franchise Africa, The Varanda Network, Ignite Trade Africa, Footprint to Africa Limited, and World Trade Center Antananarivo, among others.
We are also honored to have the endorsement of International Trade Centre for ATIGS 2018. The Council is helping us to invite / arrange external speakers, representatives of government agencies and the media, create and design some important topics to be discus at ATIGS 2018, and will promote the event in the Council newsletter, social media channels and on the Council’s website.
ATIGS 2018 is a three-day event with unique activities, top rated speakers and high-level participation. The formats are designed to give delegates more opportunities for questions, debate, and peer to peer interaction, but still with the same high-quality content delegates will come expecting from ATIGS 2018. We will have Roundtables, Investors’ Zone, ATIGS Awards Dinner, Meet the FDI Experts, Bilateral Meetings, and Signing Ceremony, among others.
Why host an African event in USA?
The vision of ATIGS is built on the model of rotating the location of the summit every two years through a bidding process and organizing country specific ATIGS in between. So, the upcoming ATIGS events include: ATIGS 2018 – Washington D.C, ATIGS 2020 – Dubai; ATIGS 2022 – Beijing; ATIGS 2024 – Brussels, ATIGS 2026 – Addis Ababa; and, ATIGS 2028 – South America. As the host country for Africa Trade and Investment Global Summit 2018, The United States of America serves as a model for ATIGS 2018 for several reasons including its high number of embassies in Washington, D.C and the high Access to capital, as the United States hosts the most developed, liquid, flexible, and efficient financial markets in the world. Washington D.C also host over 40 African embassies making it easy for companies all round the world to engage with Africa during ATIGS 2018.
Tell us about some delegations coming to the Summit?
We currently have over 18 confirmed delegation groups from all around the world including Gabon, Algeria, Hong Kong, China, Ghana, Angola, Kenya, Japan, Zambia, Cote d’Ivoire, Madagascar, Guinea, Congo DRC, Nigeria, Singapore, Togo, South Africa, and Ghana, among others. The numbers will increase soon as the event is still developing.
What are you most excited about ATGS 2018 and Beyond?
Good question. I am excited about our portfolio of investment sourcing and trade facilitation initiatives that will connect African businesses to world-class investors and strategic partners, which will help get more African projects off the ground. We are building a pipeline between investors and top scalable, profitable opportunities across Africa that enhance economic development. Some of our innovative programs includes Africa FDI Shark Tank, Bankable Projects Showcase, ATIGS Business Matchmaking, Africa Worldwide Alliance Partnerships (AfriWAPA), Africa FDI Academy, ATIGS Deal Marketplace, and other programs set to lunch, ATIGS CEO Network, and Cities Network on Trade and Investment, among others.
How do you see Africa in the context of its strategic position in the world?
We all know that Africa is the world’s next major economic success story and has tremendous opportunities. Africa is the second most attractive investment destination in the world and trade flows have expanded by 15 percent per year since 2006, with $2.6 trillion Africa’s collective GDP by 2020, $1.4 trillion Africa’s consumer spending by 2020, and 122 million people will be added to workforce by 2020.
I see Africa position in the world as the forecast that foreign direct investments and international trade will continue to increase rapidly. As Africa’s reputation for a viable location for investment increases, so does its significance in trade.
With interest in the continent growing exponentially, some of today’s newest business players are originating from non-traditional regions such as South America, Eastern Europe, the Gulf, and Africa itself. While well-established and new partners from Europe, North America, and Asia continue to be valued, it is interesting to note that the private sector’s scope of attention is increasingly widening to include, especially among newcomers, consumer-market industries including food, IT, tourism, finance and retail.
Where can people learn more, or register for ATIGS 2018
There is a comprehensive website www.atigs2018.com which contains everything to know about ATIGS 2018 and registration can be done directly on the website.
What other Information will you like to share about ATIGS 2018
ATIGS 2018 is shaping up to be an exceptional show with unique activities, multitude of strategic business opportunities, top rated speakers, and high-level participation. I urge you to visit ATIGS 2018 official website – www.atigs2018.com, for all latest developments.
Thank you so much for talking to Pan African Visions
The pleasure is mine, and thanks for the great work you do in promoting events like this, and covering Africa in a more positive way.