Johannesburg, South Africa; New York, USA; 19 September 2016: Africa investor (Ai), a leading international investment and communications group, today announced that the 9th Ai CEO Institutional Investment Summit was successfully hosted in partnership with NASDAQ in New York.
This year, the oversubscribed Ai CEO Institutional Investment Summit set the scene for the President Obama-led US-Africa Leadership Summit by bringing US and African institutional investment leaders together to advance the US-African partnership agenda, which itself has evolved from aid to trade to investment.
The Ai Summit hosted high-level representatives from African, US and global institutional investors, stock exchanges as well as pension and sovereign wealth funds to set out the priorities and a framework to move the US-Africa agenda further, from investment to long-term institutional investment. The Ai Leaders’ Summit demonstrated there is more than a strong case to increase institutional flows to Africa, and much of the day was devoted to the ‘how to’ and facilitating US-Africa investment partnerships.
Opening the Summit, Hubert Danso, CEO of Africa investor, said, “We believe that the value and power of long-term institutional investment, and the win-win for Africa and its domestic, US and international partners, cannot be overstated. It plays a catalytic role in Africa’s development and the US’s growth and competitiveness respectively.”
The Summit featured a high-level dialogue with the NEPAD-Continental Business Network, co-hosted by NEPAD, UNECA and Ai. Summit panel themes included Africa’s Capital Market Investment Climate: Resilient Exchanges and Continued Growth; Keeping Africa on Consultants’ and Trustees’ Radars; a look at African Sovereign Wealth Funds as Strategic Capital ‘Anchors’ and Co-Investors; an African Pension Funds Roundtable; the Annual Roundtable on North American Pension Funds and Endowments Investing in Africa, and the Second Annual Ai High-Level Roundtable on Pension Investment in Emerging Markets.
This year, Africa investor also honoured four prolific investment and business leaders for their contributions to Africa’s investments across the continent and to raising the profile of the continent as a viable international investment destination. Dr Daniel Matjila, CEO of the Public Investment Corporation (PIC), was recognised as the Ai African Institutional Investment Personality of the Year. New York State Common Retirement Fund CIO Vicki Fuller was honoured as Ai Global Institutional Investment Personality of the Year Award; Safaricom CEO Bob Collymore was named the Ai International Business Leader of The Year Award (Innovation Leader of the Year); and Tony Elumelu was honoured as Africa investor Person of the Year.
The event was also notable this year for the launch of two new initiatives by Africa investor, the first being the Ai African Sovereign Wealth and Pension Fund Leaders Forum (ASWPFF), which responds to and addresses the critical role that African pension and sovereign wealth funds are playing in Africa’s economic development and recognises their commitment to collaborate, advocate and invest more together. It is a high-level association platform for African sovereign wealth and pension fund leaders to network and share best practices on key issues related to improving the investment environment for long-term intra-African investment.
The second initiative announced was the Ai African Infrastructure Co-investment Platform; a practical collaboration platform driven by an initial group of investment partners, including a select group of African and global pension and sovereign funds, committed to co-investing into African infrastructure assets and strategies.
At the Summit’s proceedings, Africa investor hosted the highly-anticipated Ai Capital Markets and Index Series Awards. Winners included a joint win between the Bourse Régionale des Valeurs Mobilières (BRVM) and the Nairobi Securities Exchange for Most Innovative African Stock Exchange; FBN Quest as Best Africa Investment Bank; Ecobank Capital Research Team was named as Best Africa Research Team.
The Capital Markets and Securities Authority of Tanzania was named Most Innovative Capital Markets Regulator; Best Performing Broker in Africa went to Equity Investment Bank/Exotix Partners; Coronation Global Fund Managers was awarded to Best Africa Fund Manager and The Dar es Salaam Stock Exchange was awarded Best African Listing.
Among the Index Series award recognitions, Best Performing Ai100 Company went to Botswana Insurance Holdings Limited; Douja Prom Addoha was awarded Best Performing Ai40 Company; Most Innovative Ai SRI 50 Company was presented to Kenya Power and Lighting Company and Old Mutual took home Most Innovative Ai SRI 30 Company.
Ai100 CEO of the Year was presented to Catherine Lesetedi-Letegele, CEO, Botswana Insurance Holdings Limited; Ai40 CEO of the Year went to Saâd Sebbar, CEO, Lafarge Morocco; Patrick Mweheire, CEO of Stanbic Uganda was named Ai SRI 50 CEO of the Year and Segun Agbaje, Managing Director, GTBank was awarded Ai SRI 30 CEO of the Year.
Among the awards for international and African pension and sovereign wealth funds, International Sovereign Wealth Fund Initiative of the Year was awarded to Government of Singapore Investment Corporation (GIC); African Sovereign Wealth Fund Initiative of the Year went to the Sovereign Wealth Fund of Kenya; Washington State Investment Board was named International Pension Fund Initiative of the Year and African Pension Fund Initiative of the Year was presented to the Government Institutions Pension Fund (Namibia)
Finally, a special award – Up and Coming African Institutional Investment Personality – was awarded to Sam Camilleri, CEO/Principal Officer at Natal Joint Municipal Pension Fund.
The Ai Capital Market Index Series Awards 2016 – Winners
- Most Innovative African Stock Exchange
Bourse Régionale des Valeurs Mobilières (BRVM) and Nairobi Securities Exchange
- Best Africa Investment Bank
- Best Africa Research Team
Ecobank Capital Research Team
- Most Innovative Capital Markets Regulator
Capital Markets and Securities Authority, Tanzania
- Best Performing Broker in Africa
Equity Investment Bank/Exotix Partners
- Best Africa Fund Manager
Coronation Global Fund Managers
- Best African Listing
Dar es Salaam Stock Exchange
- Best Performing Ai100 Company
Botswana Insurance Holdings Limited
- Best Performing Ai40 Company
Douja Prom Addoha
- Most Innovative Ai SRI 50 Company
Kenya Power and Lighting Company
- Most Innovative Ai SRI 30 Company
- Ai100 CEO of the Year
Catherine Lesetedi-Letegele, CEO, Botswana Insurance Holdings Limited
- Ai40 CEO of the Year
Saâd Sebbar, CEO, Lafarge Morocco
- Ai SRI 50 CEO of the Year
Patrick Mweheire, CEO, Stanbic Uganda
- Ai SRI 30 CEO of the Year
Segun Agbaje, Managing Director, GTBank
- International Sovereign Wealth Fund Initiative of the Year
Government of Singapore Investment Corporation (GIC)
- African Sovereign Wealth Fund Initiative of the Year
Sovereign Wealth Fund of Kenya
- International Pension Fund Initiative of the Year
Washington State Investment Board
- African Pension Fund Initiative of the Year
Government Institutions Pension Fund (Namibia)
- Up and Coming African Institutional Investment Personality
Sam Camilleri, CEO/Principal Officer, Natal Joint Municipal Pension Fund
Note to Editors
About Africa investor – www.africainvestor.com
Africa investor is a specialist investment and communications firm advising governments, international organisations and businesses on communication strategies for capital market and foreign direct investments in Africa. Africa investor publishes Africa investor, the leading international newsstand magazine for Africa’s investment decision makers; maintains the Africa investor 40 Investors’ Index, hosts the Ai CEO Institutional Summit & Awards and the Ai CEO Infrastructure Investment Summit & Awards, among other events.
For more information on Africa investor, contact Catherine Wright on +27 11 783 2431 or firstname.lastname@example.org.