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IDB Group / AIM Partnership for the Promotion of Sustainable Development in Africa
AIM
The Annual Investment Meeting, Africa Edition (AIM AFRICA), and its multilateral partners, the Islamic Development Bank (IDB), the Islamic Corporation for the Development of the Private Sector (ISD) and the Economic Forum of the Group of the BID (THIQAH), organized the first digital edition of AIM AFRICA.
Organized on June 29 and 30, 2021, AIM AFRICA, the second regional edition of its kind, brought together an audience of senior officials and personalities from different countries and international organizations, as well as investment leaders in Africa, to examine promising investment opportunities that will benefit a multitude of sectors, strengthen economic cooperation and partnership between nations.
Multilateral partner of AIM AFRICA, SID, whose focus is private investment, resource mobilization in international financial markets and the provision of advisory services to businesses and governments, aims to promote economic growth long term in Africa.
Round tables on foreign direct investment (FDI) were organized. This, while the IDB worked to forge partnerships based on investment, between communities and nations, in the public and private sectors, while promoting innovative and sustainable solutions to development challenges.
The IDB Group Business Forum, THIQAH, is a unique and innovative platform for proven dialogue, cooperation and partnership between the IDB Group and business leaders who are committed to participating in investment opportunities and promising trade. Through this, the IDB Group seeks to strengthen the efficiency and ensure the success of the partnerships that have been forged between the Group, business leaders and institutions in member countries.
The event focused on strengthening cross-border investments with AIM AFRICA, through the financial products and services of the IDB Group.
The Annual Meeting of Investment, SID and THIQAH, with enormous potential, will drive economic stability, sustainability and prosperity in Africa.
More information is available at: http://www.aimcongress.com/africa.
IDB Group
Rated AAA by major rating agencies, the Islamic Development Bank is a multilateral development bank that has worked for over 45 years to improve the lives of the communities it serves, with large-scale impact. The Bank has fifty-seven member countries on four continents, and therefore has an impact on the lives of one-fifth of the world’s population. It is entrusted with the mission of giving populations the means to orientate economic and social progress on a large scale, by putting in place the infrastructure that allows them to realize their full potential. The IDB, headquartered in Jeddah, Kingdom of Saudi Arabia, has regional centers and centers of excellence in eleven of its member countries. Over the years, the Bank has evolved,
Annual Investment
Meeting The Annual Investment Meeting (AIM) is an initiative of the UAE Ministry of Economy, sponsored by His Royal Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, also Emir of Dubai. In 2019, AIM was the main investment platform in the world: more than 16,000 participants, more than 400 exhibitors and co-exhibitors, more than 60 personalities, more than 150 specialists and experts met there.
Islamic Corporation for the Development of the Private Sector (ISD)
The Islamic Corporation for the Development of the Private Sector (ISD) is a multilateral development financial institution, a member of the Islamic Development Bank Group (IDB). Founded in November 1999, it finances private sector projects, encourages competitiveness and entrepreneurship, provides advisory services to governments and private companies, and promotes cross-border investments. It is rated A2 by Moody’s, A- by S&P and A + by Fitch. It forges cooperation and partnership relations and strengthens them with the aim of setting up joint or collective financing. Finally, it uses financial technology (Fintech) for efficient and global financing. Further information is available on the website: www.icd-ps.org
Islamic Development Bank Group (THIQAH) Business Forum
The Islamic Development Bank Group (THIQAH) Business Forum is the IDB Group’s window under the umbrella of ICD. It establishes contact and facilitates coordination between relevant entities, the IDB Group, private sector companies and related institutions in member countries. Its main objective is to establish a unique and innovative platform for dialogue, cooperation and inclusive partnership for business leaders who are committed to joining forces with promising opportunities. Through its role as a facilitator and catalyst, THIQAH uses the resources of the IDB Group to provide the necessary services, build investor confidence and establish strategic partnerships with private sector leaders. This, for the purpose of maximizing investments and cross-border trade between member countries, through the financial products and services of the IDB Group. (www.idbgbf.org).
