• Targets $500m in signed deals across six strategic sectors

Emmanuel Addeh in Abuja

About $4 billion in African investment opportunities will be presented to global institutional investors at the Africa Business Investment Summit scheduled for August 27 and 28 in Washington, DC, as businesses and governments seek to attract fresh capital beyond traditional developed markets.

The two day summit, organised by the Millennium Excellence Foundation, will hold at MGM National Harbor and is targeting $500 million in signed Memoranda of Understanding (MoUs) and Letters of Intent across six strategic sectors, a statement by the organisers said yesterday.

The event is expected to bring together institutional investors, private equity and private credit firms, development finance institutions, multilateral organisations, blended finance institutions, sovereign representatives, policymakers, family offices and business executives.