(PRWEB UK) 21 January 2014
After the success of their first Diaspora finance symposium Atam Sandhu, Chief Executive of Developing Markets Associates (DMA) and Eric-Vincent Guichard, Chief Executive of Homestrings, are delighted to announce the second event in their Diaspora Investment series.
With Nigeria poised to become Africa’s biggest economy, the investment opportunities in the country are not only attracting the interest of the international investment community, but also members of Nigeria’s significant overseas Diaspora, keen to be a part of the country’s remarkable growth story.
Investing in Nigeria will present a pre-selected audience of over 500 Diaspora members and non-traditional institutional investors, totalling an estimated $3.0 billion in capital, with direct investment opportunities in key sectors, including: Transportation and Infrastructure; Oils, Gas and the Extractive Industries; Healthcare, Education and Agri-business; Commercial and Residential Real Estate; and Construction.
Investing in Nigeria follows the success of the inaugural Homestrings/DMA conference, Investing in West Africa, which saw over $60 million in expressions of investment interest from the floor, and strongly reinforced the message that the Diaspora can play a material role in funding economic development.
By joining their expertise together, Homestrings and DMA are confident that a great deal of capital will be raised by the Diaspora, which will yield positive results for Nigeria at both local and national levels.
Eric Guichard commented: "Homestrings is pleased to join forces with DMA, the highly rated sovereign UK conference platform, to offer for the first time a Diaspora Investment Forum series, based in London. This series also presents an opportunity for the Diaspora to build wealth while contributing to the growth back home. DMA has built a reputation delivering first rate emerging market conferences to an eager audience. We look forward to a fruitful partnership in service to the global Diaspora."
Atam Sandhu added that: “I am delighted to announce the Investing in Nigeria Event as we have seen increasing interest by governments to engage with their Diasporas. There is greater recognition of the financial and cultural capital they have to contribute, and what benefits strategic engagement can have for sustainable development. Our events, together with Homestrings, provide a fantastic opportunity for Diaspora members to not only contribute to the economic development of their home countries, but to also be forward-thinking leaders in driving investment into effective prospects that traditional investors often overlook.“
About DMA & Homestrings
Widely regarded as perhaps the most innovative Diaspora investment platform globally, Homestrings has already facilitated over $100 million of transactions and directed over $35 million in capital from African Diasporas and beyond into key investible projects and funds across the continent. Membership is free and only takes a minute to setup online at http://www.homestrings.com
DMA organises sovereign investment summits - recognised as the most productive investor showcases in the world and attracting respected investors and companies from across a wide variety of vertical sectors. In the past few months, heads of state from Senegal, Cote d’Ivoire, Djibouti, Malawi, Liberia, Niger, Gabon and Kenya have presented at DMA summits highlighting key areas for investment in their countries and generating over $ 3.6 billion in capital.
For more information, please contact:
Natalia(dot)debczak-debski(at)developingmarkets(dot)com or amelnic(at)homestrings(dot)com