Unlocking Sustainable Investment in AFRICA through AIM-AFRICA

Unlocking Sustainable Investment in AFRICA through AIM-AFRICA

Dubai: - The African continent has immense untapped economic potential that presents innumerable opportunities for investors. The continent is also emerging as one of the preferred destinations for investments. According to data released in 2020 by the United Nations Population Division, 56.2% of the global population now lives in urban areas. This figure is projected to increase to 75 percent by 2050, at a growing rate of 65 million urban dwellers annually. This fact illustrates the degree to which demography will shape the future of Africa. The increase in the population combined with the effects of urbanisation and rising levels of affluence are likely to attract investors into most of Africa`s frontier markets. This phenomenon is being supported by activities such as AIM-AFRICA; an event organised by the Annual Investment Meeting scheduled on the 29 and 30 of June 2021 via Events10x Virtual Platform under the theme " “. This event will focus on a number of economic development-related issues such as Africa's digital economy which is becoming one of the primary drivers of the region's development and the opportunities of the African Continental Free Trade Area (AfCFTA), the world's largest free trade area connecting 55 African countries. Digitalization is