By Thompson ABISOLA
Evago Global, a Lativa-based company, said that 300 international investors scheduled to attend the“Arise Africa“ impact investment conference, were capable of attracting 500 billion dollars Foreign Direct Investment (FDI) to Nigeria and other African countries.
The Regional Director of the company for sub-Saharan Africa, Mr Ramsome Obem, made this known when he featured at the Forum in Abuja on Wednesday.
According to him, as organisers of the conference, the company seeks to bring in investors from Europe and other parts of the world to rub minds on how best to attract impact investments to African countries.
“This is a group that we know; we also know that when we pool resources together and decide to get into the country and the continent at large, it can gross 500 billion dollars and then a huge percentage comes to Nigeria and then we also get other African countries that can benefit from it.
“The conference seeks to bring in investors from Europe, all around from Europe from Lativa, from Belgium, down to Switzerland.
“It is basically about impact investment, which means that we will be very much interested also in corporate social responsibility, which has be one of the issues that is lacking in terms of foreign investment in the country.
“We will be having at least six Presidents, who will be coming for the conference.
“We are talking to about 28 African countries particularly within the sub-saharan region,they can come in and benefit and actually enter into agreement with this investors. We are planning to match them investors from Europe with prospective beneficiary from Africa .“
He said the company, organisers of the proposed conference scheduled to hold in Abuja in November, was taking advantage on the executive order on the ease of doing business in Nigeria to convoke the conference.
“The ease of doing business in Nigeria, is one of the major factors why we are even coming because it is easier now with the present administration and there is growing confidence.
“We are basically going into infrastructure, then agriculture which is at the heart of this government. A number of other sectors will be there, not just extractive sectors will be there but our focus mainly will be infrastructure and agriculture, processing and value addition production.”
He said the company was working on setting up industries so as to provide employment for Nigerians, transfer technology to add value especially in agriculture.
