NEWS

 Tokyo, Japan - [30th November 2023] - Group companies of Index Inc. (Head Office: Minato-ku, Tokyo; CEO: Kimikazu Uemura; hereinafter "Index"), Index Strategy, Inc. Director Ms. Airi Ikedo was invited to participate in the Africa Investment Forum 2023 (AIF2023) held in Marrakesh, Morocco from November 8 to 10, 2023.

The African Investment Forum 2023 (AIF 2023), organized by eight Development Financial Institutions including African Development Bank (AfDB), was held in Marrakech, Morocco, with the side event "Japan Special Room" (Boosting Africa's growth with Japan: From Start-ups to Major Companies) was attended by more than 80 Japanese business leaders from 40 companies, including start-ups, investment funds, large companies and institutions seeking business opportunities in Africa.

From Index Group, Ms. Airi Ikedo, Director of Index Strategy, took the stage to explain Index Group's philosophy of "Shikkai Spirits" and Index Strategy's PPP case studies in Ghana and Morocco.

The goal of this side event is to leverage the expertise and resources of Japanese investors, companies, and public institutions to strengthen cooperation and create an environment for sustainable economic development in Africa, and Index Group is committed to continuing its support for Africa's growth, however small.

Comments from Airi Ikedo, Director of Index Strategy

"We believe that the "Shikkai Sprits" is a good Japanese philosophical idea that stems from the success of PPP projects.

 Starting with our projects in Ghana and Morocco, we hope to contribute to the healthy, transparent, and sustainable development of African economies and societies."
 

*PPP stands for Public Private Partnership, a method in which the government and private companies or organizations work together to improve government services, efficiently use fiscal funds, and increase the efficiency of government operations.

◆About African Development Bank (AfDB) Group

The African Development Bank Group was established in 1964 and has 81 member countries (54 Africa Regional Member Countries and 27 Non-Regional Members Countries). The AfDB Group consists of Africa Development Bank lending to middle-income countries and private sector, African Development Fund providing concessional funding to low-income countries and The Nigeria Trust Fund.

Website:https://www.afdb.org/en

◆About Africa Investment Forum(AIF)

The Africa Investment Forum is a multi-stakeholder, multi-disciplinary platform that advances projects to bankable stages, raises capital, and accelerates deals to financial closure. Its vision is to channel capital towards critical sectors to achieve the Sustainable Development Goals, the African Development Bank’s High 5s and the African Union’s Agenda 2063.

Since it was launched in 2018, the Africa Investment Forum has mobilised nearly $143 billion in investment interest. Its centrepiece is the annual three-day Market Days event, which brings together thousands of global investors, heads of development finance institutions, and business and government leaders to advance critical investment transactions to closure. Market Days 2023 took place in Marrakech, Morocco from 8-10 November under the theme, Unlocking Africa’s value chains.

Website:https://www.africainvestmentforum.com/