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    Investment in Africa: Current Initiatives and a New Way Forward

    Now is the time to invest in Africa, a panel of international development experts concluded at a July 28 discussion hosted by Joint Aid Management and Devex in Washington. The event, titled “Investment in Africa: Current Initiatives and a New Way Forward,” included a panel and networking reception.

    By Oliver Subasinghe // 05 August 2010

    In the past few years, foreign investment has equaled or exceeded the amount foreign aid to Africa. But barriers still remain to opening the floodgates of business on the continent.

    Now is the time to invest in Africa, a panel of industry experts concluded at a July 28 discussion in Washington hosted by Devex and Joint Aid Management, the South Africa-based NGO.

    After Devex President Raj Kumar welcomed participants, Dave Blackwell, former vice president for strategy at Walmart Corp., offered introductory remarks. Then, a panel of international development experts, moderated by Net Impact board member Michael Fields, discussed investment strategies that would spur economic growth and development in Africa. The panel included:

    - Isak Pretorius, CEO, Joint Aid Management - USA.

    - Tracy Mathieu, vice president for business development, Partnership International.

    - Deirdre White, president and chief operating officer, CDC Development Solutions.

    - Keith Amonlirdviman,strategic planning manager - Coffee Initiative,TechnoServe.

    The event, titled ”Investment in Africa: Current Initiatives and a New Way Forward,” was followed by a networking reception.

      Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

      About the author

      • Oliver Subasinghe

        Oliver Subasinghe@subavision

        Oliver joined Devex in late 2008 as an international development correspondent and researcher. He previously served as a microfinance fellow for Kiva in Kenya and Uganda. During his tenure, he worked with Kiva’s field partners to improve their operations and governance. Oliver holds a master's in business from the College of William & Mary.

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