UK To Host African Investment Summit In 2024

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The Summit will bring together Heads of State and Government from 24 African countries with British and African business leaders.

According to a statement made available to our correspondent on Thursday, the Summit will strengthen UK-African partnerships to create jobs and growth, support British and African talent in sectors such as finance and technology, and promote women entrepreneurs.

The statement read in part, “The Summit will build on the results of the UK-African Investment Summit 2020 and virtual UK-African Investment Conferences in 2021 and 2022. The UK-African Investment Summit 2020 marked an important milestone in our partnerships with African countries and announced over £6.5bn of deals, plus a further £8.9bn of investment commitments.

“By 2050, two billion people will live in Africa, and more than half will be under 25. During the next two years, faster economic growth is expected across Sub-Saharan Africa than the global average. And as the world faces the stark and shared challenge of climate change, the UK is working with African countries to support them to mitigate and adapt to its effects, recognising Africa’s abundant potential for renewable energies in the future.

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