Title: OPENING STATEMENT BY THE Director General/CEO
1OPENING STATEMENT BY THE Director General/CEO
- Welcome and thank you for taking the time to come
and join us to discuss Investment opportunities
in Africa - We welcome guests from all over the United
Kingdom, Germany, France, Belgium as well as from
Different parts of Africa. - I would like to Thank the Deputy Minster for
Trade of Tanzania for finding the time to join us
today. - I would like to congratulate you all for taking
the first step to come and learn and understand
the African Investment climate and how it can
work for you.
2The African Stock Exchanges
- There are eighteen Securities exchanges in
Africa, of which sixteen of them are members of
the African Stock Exchanges Association We are
talking to Africans in the Diaspora today because
we believe that you are a very important part of
our future. We want to diversify the profile of
our investors and we believe that the Diaspora
community must be better represented. - We have been holding International road shows in
an effort to involve you in our markets. Our Road
Shows have been very successful and we are
hearing of true life mega bucks stories of
Africans like you who have invested in our
markets and have made bumper returns on
investment. The next story could be yours.
3Investing your money
- We dont want you to send us all your money, just
invest a little in your country and get the
benefits. We are not asking for charity, this is
real investment providing you with real returns
as some of the speakers will point out to you
today. - When Investing at home you need structures to
monitor your investment, you need institutions to
protect your investment, you need security to
ensure that you will enjoy the benefits of
investing. That is what the African Stock
Exchanges are offering you.
4WHY Invest in Africa
- Why not, Our markets are posting returns of 98,
returns of 200 are not uncommon in some
securities. In addition returns in western
markets are very slim and some times they do not
even out perform inflation. - We are trying to build a new Africa and for us in
Nigeria A NEW NATION, Nigeria and we believe we
must work together to mobilize our wealth where
ever that wealth is. We are already working on
mobilizing the local wealth by encouraging
savings, instituting Pension Reform, and
re-energizing the IPO market, to provide greater
access to funds for our entrepreneurs. The next
step is to mobilize you, the Diaspora population.
5THE Nigerian Delegation
- We have come with a strong delegation of stock
brokers, investment bankers, capital market
lawyers, accountants etc. Talk to the our
brokers, build relationships, exchange numbers
and start the process. - Rest Assured that I will provide you with 100
protection on your money, my doors will always be
open to you, and I will take personal
responsibility for any money invested in our
markets.
6Todays event
- Getting almost one thousand people together to
discuss the opportunities in Africa is no mean
feat. Todays success is as a direct result of a
host of institutions working together.. - We thank the NEPAD Business Group and the Africa
Business round table for providing the diving
force, We thank our selves at the Nigerian Stock
Exchange and the African Stock Exchanges
Association for providing the finance, we thank
the sponsors of the different sessions reserve
bank of Zimbabwe, Fist Securities Discount House,
Kenya Post Office Savings Bank, Western Union,
Counters Trust and IBTC. And we must thank the
Africa Diaspora forum and the Common Wealth
Business Council for bringing us all together.
AND Finally the Esteemed Mayor of London who
hosted our welcome reception at Cit Hall
yesterday we thank you very much for putting
African Investment on the menu.
7Other Partners
- The Media Partners BEN TV, OBE TV, African
Business and Business Day - Afford, Nigeria In Diaspora Organization Europe,
KENA CLUB, GEAT LAKES IMPACT - And all the various groups who have helped to
mobilize their members, I THANK you, you are
indeed working for your selves as a great Africa
is good for all of us. - Thank you, I declare the Africa Diaspora
investment forum OPEN.