On the morning of Thursday 13th of February, AVCA and representatives from among the Association’s Nigerian membership – Adlevo Capital, African Capital Alliance, AfricInvest-TunInvest Group, Alitheia Capital, KPMG, PAL Pensions, The Abraaj Group, Udo Udoma & Belo-Osagie, and Verod Capital Management – were joined by a group of senior business and investment journalists in Lagos, to launch the upcoming 11th Annual AVCA Conference.
While there are 17 million small-to-medium enterprises (SMEs) in existence in Nigeria today, recent statistics have shown that they currently only contribute 1% to the GDP of the country (a figure that is low relative to some Asian countries, US and Europe). Focusing on the conference theme of Private Capital: A Catalyst for Change, the attending fund managers and advisers detailed the importance of private capital to growing Nigeria’s SMEs: to support their role as engines of economic growth, to create jobs, and to generate wealth.
To hear more about the ways in which private capital can be a catalyst for change in Africa, join us at our upcoming 11th Annual AVCA Conference at the InterContinental Hotel, Lagos on Monday, 31st March – Wednesday, 2nd April.
Many thanks to the attending journalists from the following publications:
- Daily Trust
- Manufacturing Today
- News Agency of Nigeria (NAN)
- The Nation
To read more about AVCA’s annual conference, please view: www.avcaconference.com
To download the launch press statement, please click here
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