The fourth annual IFLR Africa Forum returned to London on May 19 at the Grange Tower Bridge Hotel.
In just four years, the Forum has brought together over 750 in-house and bankers' counsel, as well as private practice, to discuss the latest in infrastructure deals in Africa and provided excellent networking for discovering new opportunities in Africa.
In a year where Africa has faced many challenges, which has slowed many transactions, the appetite for natural resources is unabated. The IFLR Africa Forum helped delegates to develop strategies and techniques for closing deals, maximising infrastructure opportunities, raising finance for projects and much more.
Legal issues from discovery of the resources and extraction, to transport and corporate acquisitions were debated by leading in-house counsel and private practice lawyers from the UK, European and African-based banks, corporates and funds.
Over 240 delegates came together to:
- Analyse the opportunities arising from Obama's Power Africa Initiative, including working with OPIC
- Discover the benefits of Africa embracing Islamic finance for big projects
- Debate how PE and sovereign funds are investing into exploration projects
- Focus on oil and gas: discuss how to maintain profitability while catering to government concerns
- Discuss whether multilaterals are still essential for project finance or whether commercial banks are growing in confidence