Initiative for Global Development Convenes Global Corporate Leaders to Discuss Investment in Nigeria At IGD's Frontier 100 Forum

28 April 2014
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Initiative for Global Development (Washington, DC)
press release By Thuy Dinh

The Initiative for Global Development (IGD), a non-profit organization based in Washington, D.C., will convene its tenth Frontier 100 Forum in Abuja, Nigeria on May 5-6, 2014. The two-day event, "Nigeria: Navigating for Success in a Dynamic Market," will convene corporate leaders from around the world to discuss opportunities and address challenges to investment in Nigeria specifically, and Africa as a whole.

The selection of Nigeria as the host country for the tenth Frontier 100 Forum was a strategic decision by IGD, which brings together corporate leaders to catalyze business investment to drive poverty reduction. Nigeria recently became the largest economy in Africa, and has boasted an average GDP growth rate of 6.8 percent between 2005 and 2013. Still, challenges and uncertainties surrounding the economic and political climates have discouraged some investors, leaving much of Nigeria's potential untapped.

In addition, IGD is partnering with the General Confederation of Moroccan Enterprises (CGEM) as part of the Forum to discuss ways to expand economic and commercial engagement across the African continent. The Kingdom of Morocco serves as a key facilitator of international investment in Africa, a gateway to the continent and a collaborative partner of African businesses committed to private sector-driven economic growth in several important sectors.

IGD's experienced staff convenes the Frontier 100 Forums to provide opportunities for its members to foster partnerships and address challenges together. These twice yearly events attract representatives from sector-leading companies including ContourGlobal, Olam International, and Africa Finance Corporation. This year, the Forum also has the honor to welcome H.E. Olusegun Aganga, Nigeria's Minister of Industry, Trade and Investment; and H.E. Chinedu Nebo, Nigeria's Minister of Power.

Read the original article on Initiative for Global Development.

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