London, United Kingdom – On Monday, 20 January 2020, the UK Government will host the inaugural UK-Africa Investment Summit in London. This Summit will create new lasting partnerships to deliver more investment, jobs and growth to benefit people and businesses across Africa and the UK.
Hosted by UK Prime Minister Boris Johnson, the Summit will bring together UK and African business representatives, African leaders and delegations from across Africa, international institutions and young entrepreneurs.
International Development Secretary Alok Sharma will this weekend visit Africa ahead of the Summit.
He will visit British businesses operating in Kenya and meet African entrepreneurs in Nairobi.
Mr Sharma said ahead of his visit:
“I will be in Africa this weekend to see how British and African businesses are working together to drive jobs and growth across the continent.
“Africa has eight of the 15 fastest growing economies in the world but currently receives less than 4% of foreign direct investment. There are fantastic opportunities for UK businesses to work alongside, invest in and partner with African nations.
“My visit comes ahead of the UK-Africa Investment Summit in London on January 20, where we will bring together UK and African businesses, African leaders, international institutions and young entrepreneurs to drive the investment Africa needs to flourish.I look forward to seeing many of you there.”
With this Summit, the UK will demonstrate that it is the investment partner of choice for African nations, offering world-leading expertise on tech and innovation and positioning the City of London as the number one global exchange for African businesses.
The UK-Africa Investment Summit offers businesses and entrepreneurs access to several events with a focus on themes such as clean energy, sustainable infrastructure and agribusiness.