About the Forum
Co-organised by the Ministry of Industry, Investment, Trade and the Digital Economy of Morocco, Jeune Afrique Media Group and BOAO Business Consulting, the China-Africa Investment Forum is the foremost meeting between Chinese and African economic decision-makers.
Every year, the China-Africa Investment Forum brings together over 400 high-level economic decision makers from China and the entire African continent. The second edition takes place on 27 and 28 November in Marrakesh.
About the Forum
The launch of the “One Belt, One Road” initiative, a true reshaping of China’s international economic policy, means Africa needs to equip itself with the tools to effectively receive and use Chinese investments to accelerate its economic transition.
In this context, the CAIF will facilitate business meetings between the main stakeholders of trade and investment between China and Africa in order to foster the creation of sustainable partnerships with high added value, particularly in the industrial sector.
About the Forum
The forum dedicates two days of lectures and debates to the financial implications for African economies of the new Silk Road and how to capitalise on this new dynamic aimed at making the continent a true industrial platform. Alongside the conferences, practical workshops will provide insights and keys to understanding Chinese and African economic policies and operational environments.
“The hosting of this large event is part of a proactive and strategic approach carried out at the highest level of the Moroccan State. It aims to endorse South-South cooperation and realise the full potential of the Morocco-China-Africa partnership.”
Moulay Hafid Elalamy, Minister of Industry, Trade, Investment and the Digital Economy of the Kingdom of Morocco.
As Africa’s leading economic partners, Chinese investors are present in all sectors, both traditional and innovative. However, the relation between China and Africa still hasn’t reached its full potential as underlined by a Mc Kinsey survey that estimates that revenues generated in Africa by Chinese companies could increase by up to 144% by 2025. What are the existing obstacles to this and how can they be overcome? Will the “One Belt One Road” initiative (OBOR), presented as a unique occasion to accelerate Chinese investments in the world, and particularly in Africa, make this relation evolve?
With more than one billion people and competitive labor costs, Africa represents the future of industry and a competitive environment for Chinese industrial relocation, at a time when the world value chains are evolving. However, the Chinese only source 47% of their inputs locally, and examples of co-production are still rare, due to high costs and a level of industrialization that is still too low. Has Africa, which needs to accelerate its industrialization, found the ideal economic partner in China?
Even if China is the first international investor in Africa, Sino-African partnerships still have strong potential development. African expectations and Chinese interrogations need to align for this growth to be mutually beneficial. Morocco, which signed fifteen strategic agreements with China in 2016 and has a particular relation with the rest of the African continent, can act as a key link. How can African expectations be better aligned with Chinese investors’ interests? How can Morocco position itself as the crossroad for Chinese investments in Africa? How to build a shared and profitable future for all concerned?
Investment funds, sovereign funds, state and private banks… Many players serve the Chinese and African private sectors. They enable African and Chinese companies to run their investments more efficiently, African States to meet their funding requirements, however they are still difficult to identify and involve. What are the traditional and innovative funding tools for the China-Africa relationship? How can they be made more accessible and efficient?
The infrastructure deficit costs Africa 2% of growth every year, according to the World Bank. To catch up, 93 billion dollars per year would be necessary. Inclusive growth and integration into the global economy for Africa will require the development of its infrastructures in transport, and energy and notably in the ICT sector. With an estimated capital of 3 000 billion dollars, the Chinese invest massively in the continent’s infrastructures, while transferring know-how and technology. Even if they are immediately profitable, these investments still generate issues that African and Chinese key players need to address.
Partnerships between Europe, China and Africa aim to place the African continent’s economic growth in a multilateral frame, and pool all partners’ forces. The creation of a France-China fund to finance Franco-Chinese projects is in line with this ambition. With an endowment of €300 million that could increase to €2 billion, it is jointly managed by the Chinese Investment Corporation and the French Caisse des dépôts et consignations. Will this model expand and what are its advantages?
According to the International Energy Agency, half of SubSaharan Africa’s new energy capacities comes from Chinese companies. They mainly come from renewable energies, a sector in which China has invested massively since 2014. Given the needs (more than 600 million African people still don’t have access to electricity) and the technological and infrastructure challenges, at a time when an innovation and cooperation alliance has just been created, are Chinese investors the most relevant partners?
With an audience of 150 Chinese investors, representing all economic sectors, heads of African public and private companies submit their projects as “Investment pitches”. They will explain the nature and progress reports of their projects, their investment format and amounts. This will enable Chinese investors and the African project holders to form concrete and profitable partnerships.
Moulay Hafid Elalamy, Minister of Industry, Investment, Trade and Digital Economy, Morocco
Othman Benjelloun, CEO, BMCE Bank of Africa, Chairman, FinanceCom
Moustapha Ben Barka, Deputy General Secretary to the Presidency, Mali
Adama Bictogo, CEO, Snedai
Wang Yong, Vice-President, China-Africa Development Fund
Aziz Akhannouch, Minister of Agriculture and Maritime Fishing, Morocco
Aboubaker Omar Hadi, CEO, Ports & Free Zones Authority
Liu Zheng, Chief Executive, Silk Road Fund
Guo Jiaxue, CEO, Topsun Group
Helen Hai, CEO, Made in Africa Initiative, Ambassador to the United Nations for the Industrial Development
Saïd Ibrahimi, CEO, Casablanca Finance City Authority
Zheng Wanchun, Chairman, China Minsheng Bank
Qin Wei Zhou, Chairman, Lion Fund
Mustapha Bakkoury, President of Masen Directorate and the Casa-Settat Region
Madeleine Berre, Minister of Trade, SMEs, Tourism and Services, Gabon
Ir Joseph Choi Kin Hung, co-CEO, Hsin Chong Group Holdings Limited
Ylias Akbaraly, CEO, Sipromad group
Roger Sahyoun, CEO, Somagec GE
Oliver Andrews, CIO, African Finance Corporation
Yaw Owusu, CEO, Ghana Ciber City
Justin Yifu Lin, Director and Professor, China Center for Economic Research
MD Ramesh, Director, South and East Africa, Olam International
Brahim Benjelloun Touimi, Chairman, Bank Of Africa, Administrator and General Director, BMCE Bank Of Africa
Zhang Guobao, Former VP, National Development and Reform Commission
Marrakesh -MENARA AIPORT
More than 18 airlines connect the international airport of Marrakesh to 41 international destinations.
More information about the shuttles of the China-Africa Investissement Forum and the partner hotels of the event. If necessary, the taxi rank is at the exit of Terminal 1. Taxis are available 24/7.
At 200 Km from Marrakech, the international airport of Casablanca is the main airport of Morocco. It is serviced by 50 regular airlines and is connected to 80 destinations.
Morocco : Entry requirements
All participants who want to assist China Africa Investment Forum at Marrakech, must have a valid passport recognized by the state of Maroc as a travel document. Visa is absolutely necessary for certain countries.
For further information about formalities and procedures for entering Maroc, contact the Ministry of Foreign Affairs.
Special rates have been negotiated for the China-Africa Investment Forum attendees in several hotels in Marrakesh including the Four Seasons Resort Marrakesh.
Booking details allowing you to benefit from these preferential rates will be provided to you after your registration and payment’s confirmation.
For more information, contact us at firstname.lastname@example.org
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