Morocco Welcomes Worlds Largest Private Equity Gathering

Rabat – More than 600 private equity leaders will convene on April 23-24, in Marrakech to discuss key trends shaping the investment landscape in Africa, at the 15th annual conference of the African Private Equity and Venture Capital Association (AVCA).“On the back of successful industry gatherings in Abidjan, Accra, Addis Ababa, Cairo, Cape Town and Lagos, the Pan-African Industry Association continues to showcase the fastest growing economies in the world, by convening the industry in Morocco this April,” reads AVCA’s press release. After 15 consecutive years, AVCA has established itself as a crucial event for promoting, developing, and stimulating private investment in Africa. The event will attract investors who collectively manage over USD 1.5 trillion in assets. According to AVCA, choosing Marrakech as the summit location “reflects the tremendous growth that has taken place in North Africa over the past few years, and highlights the country’s favourable business environment and powerful economy.”Referencing Morocco’s recent return to the African Union, the AVCA dubs Marrakech the “ideal location to celebrate the 15th anniversary of AVCA’s conference.” This event will incorporate experienced industry perspectives from the likes of CDC Group, a development finance institution owned by the United Kingdom government; Coronation Capital, Nigeria based private equity investment management and advisory firm; DLA Piper, global law firm with lawyers in more than 40 countries; and Verod Capital, investment firm focusing on investing equity and equity-linked capital. The conference will include keynote speeches, panel discussions, investor and portfolio company spotlights, and roundtables. Participation is expected from notable names, such as Lamia Boutaleb, Moroccan Secretary of State to the Minister of Tourism, Air Transport, Crafts, and Social Economy; Hicham Zanati Serghini, Chief Executive of the Central Office of the Guarantees; Brahim Benjelloun Touimi, Group Executive Managing Director at the Moroccan Bank of Exterior Commerce; Boutheina Ben Yaghlane, Chief Executive Officer at the Deposit and Consignment Fund in Tunisia; and Zouhair Bennani, Chief Executive Officer of Labelvie.

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