London (PRWEB UK) 1 November 2013
Innovative funding and investment platform Homestrings, which specialises in African Diaspora investments, in association with The Developing Markets Association (DMA), is holding an investment summit Investing in West Africa in central London on 6 November, 2013.
Investing in West Africa is the first in a series of transformative investment summits where high-net-worth individuals, consisting $2.5 billion in capital, will be attending. In addition to these high net investors, there will also be pre-qualified family offices, pension funds and institutional investors represented at director-level.
Homestrings, which was set-up in 2011 by Eric-Vincent Guichard, has, over the last 18 months, facilitated over $100 Million of transactions and generated $35 million in capital from the African Diaspora into key investable projects across the continent.
Says Eric-Vincent Guichard, Founder and Chief Executive Officer of Homestrings;
“We built the Homestrings platform to help African Diaspora investors conveniently make a difference back home in the communities they care about. In the past, money sent back home to home countries was often small scale - monies sent to families to support basic living.
“Today, while such transfers do continue, there is also an increased demand from a growing and well-resourced African Diaspora to channel monies to 'investable projects' contributing to economic development in their home countries and to which they would otherwise have limited access.
“It is this appetite for investment among the African Diaspora in the UK that we are looking to service via the Invest in West Africa symposium on 6 November. There will be a wealth of investment opportunities available – and it is free to attend for all Homestrings pre-registered members.
“There will be opportunities to invest in the oil, gas and energy sectors; public-private projects, particularly in the transport and infrastructure fields; real-estate investments; and agribusiness opportunities too. There will also be ample networking opportunities throughout the day. If you are keen to make a difference back home, while also making a sensible investment, this event is not to be missed.”
The summit will take place at the Waldorf Hilton in London on the 6 November, with a private dinner for sponsors and supporters on the evening before (5 November). The event will be one of the most significant financial investment symposiums focusing on the West African Diaspora in the UK to date.
Those wishing to attend must register with Homestrings in order to attend the event for free. It is an FCA requirement that all potential investors are pre-registered in order for Homestrings to market investment opportunities to them. Register now at https://www.homestrings.com/.
Sessions/panels on the day will include talks on Infrastructure; Energy & Extractives; Real Estate; Agri-Business & Processing, as well as numerous networking possibilities.
Eric-Vincent Guichard is available for interview. Journalists wishing to attend the event should contact: service(at)homestrings(dot)com.
Twitter hashtag: #IWA
The International Fund for Agricultural Development (IFAD) has estimated that migrant workers will send home an estimated $450 billion to family members in developing countries in 2013. Over the next five years, cumulative remittances to developing countries will pass US$2.5 trillion. 40% of this sum will go to rural areas.
About Eric-Vincent Guichard
Eric was born in Brooklyn, NY of a Guinean father (West Africa) and an American mother. Eric spent 20 years growing up in poor rural Guinea, before continuing his education in the US where he received an MBA from Harvard Business School. Today, Eric lectures internationally and has published articles on global finance and risk management. He lives in Washington, DC with his family. Find out more at: https://www.homestrings.com/About.