Denis Opudo
The Africa Trade and Investment Global Summit (ATIGS) will take place in Washington, D.C, USA. The three days event will run from 24th to 26th June this year. The venue is at the World Trade Center in Ronald Reagan Building. The goal of this year’s conference and exhibition is to promote international trade. Major regions include the Americas, UAE, EU, Asia, and the Caribbean. The event provides strategic knowledge to investors interested in Africa opportunities.
Over 2000 players from 70 countries will take part in the ATIGS 2018 conference. Key participants are the African leaders, project developers, buyers and overseas investors. The event will also enhance Africa economic growth. This includes strengthening AGOA and Trade Facilitation Agreement. Other roles constitute implementation of AU Agenda 2063 and SDGs goals in Africa.
Economic sectors covered are the agribusiness, construction, manufacturing, tourism, and power. Other more sectors are the natural resources, telecoms, transportation among others. The policymakers’ stakeholders include ambassadors, African Ministers, and intergovernmental representatives. All participants will have an opportunity to develop their sectors through ATIGS network.
Africa is one of the growing continents in the world today. Many international investors derive business opportunities from various economic sectors. The continent possesses improved internet connectivity, shifting consumers’ behaviors and suitable business environment. Africans need investors who provide better returns on investment. The McKinsey Global Institute projects $5.6 trillion in revenues by 2025. The amount will come from African household consumption and business-to-business (B2B) expenditures.
The continent enjoys high investment interests from EU, BRIC, US and from Africa as well. Many international investors target industries and developing economies in the continent. The continent has achieved rapid economic growth and development in the last 5years. It also offers better returns as compared to other developing economies in the world.
