The 5th edition of the Standard Bank West African investors conference, being organised by Stanbic IBTC will focus on delivery of the key reforms in the economy.
The conference themed “Nigeria: Time to Deliver” is in affirmation of the bank’s commitment to help Nigeria actualise her huge economic potential.
Speaking at a press briefing in Lagos to announce the event, Sola David-Borha, chief executive officer of Stanbic IBTC Holdings plc, a member of the Standard Bank Group, Africa’s largest Bank by assets, said the Standard Bank group has an obligation to help rebuild confidence in the Nigerian economy by highlighting opportunities in the growth sectors of the economy such as power, energy and the food value chain, that investors could explore to derive optimal value for their investments.
This year’s conference, according to David-Borha, presents a unique opportunity to deepen discourse on quickening the development of the country’s growth sectors and to further highlight the opportunities therein in order to sustain the attractiveness of Nigeria as a preferred investment destination in Africa. Through the forum, major domestic and global investors as well as fund managers will have access to information on the key economic reforms which would enable them make well-informed investment decisions.
She said: “The rationale for selecting this year’s theme is that the economic reforms are critical levers for economic development and it is time for all stakeholders to support the government in accelerating growth. In summary, it is time to execute”.
Like the 2013 edition, Nigeria and Ghana will jointly host this year’s event, which has become the flagship investors’ conference in West Africa. The conference will kick off in Ghana on February 3 and continue in Nigeria on February 4 – 6 at the Federal Palace Hotel, Victoria Island, Lagos.
Oladele Sotubo, chief executive officer, Stanbic IBTC Stockbrokers Limited stated that the conference aims to facilitate direct information exchange between institutional investors and the executive management of companies listed on the Nigerian Stock Exchange, as well as non-listed companies, to facilitate the inflow of capital into Nigeria by fund managers with keen interest in investing in Africa.
