Invest Africa and the Business Council for Africa have announced a new strategic partnership that would enable both organisations further their aims and objectives. Both organisations aim to boost the productivity and profitability of the private sector in Africa and maintain their belief that a responsible and profitable private sector has a crucial role to play in Africa’s development. This new partnership will bring together Invest Africa’s high level connections and Business Council for Africa’s extensive network on the ground across Sub-Saharan Africa
Invest Africa connects investment capital to African opportunities. Founded in 2013, it has established an invaluable network of decision makers across top global organisations.
Business Council for Africa connects a growing network of over 250 African businesses and entrepreneurs. The Council has been in operation for over 60 years and has representatives throughout Africa and a membership base of over 200 companies, ranging from multi-nationals to leading entrepreneurs.
Rob Hersov, Invest Africa founder, said by combining forces in a fragmented environment, both organisations can offer big reach, big connectivity, big information flow and incredible deal flow
He said, “We will rapidly expand our joint offering and now be able to do a lot more for investors in Africa and for the African economies, businesses and entrepreneurs that deserve recognition and investment. This is a first step in creating the leading platform worldwide for investment in Africa.”
Each of the organisation’s respective offerings will be consolidated into one portal for trade and investment into Africa and will represent a new phase in the activities of both entities.
Karen Taylor will assume the role of CEO of the joint operation.
David Lamb, Chairman, Business Council for Africa, said, “A post-Brexit world opens doors into African business, which is today crucially and increasingly driven by Africans in Africa.