Zedcrest Advocates for Prosperity Inclusion for Africans in the Diaspora – TechEconomy.ng
Kelly Choos
3 min read
Africa’s leading new era investment and financial solutions hub, Zedcrest Group will be the silver sponsor of the 20th edition of the Africa Business Summit (ABS) to be held at London Business School, UK on Saturday, May 14, 2022.
The Africa Business Summit has established itself as a premier forum for shaping an integrated and innovative perspective on Africa’s future.
The Summit is a London Business School (LBS) student initiative that attracts an audience of over 500 investors, decision makers, business leaders, professionals, diaspora, students and alumni.
In a statement released by Zedcrest, the company explained that its decision to sponsor the summit was born out of the need to promote an inclusive economy in Africa and further expand the company’s advocacy for the inclusion of prosperity to Africans. of the diaspora and to foreign investors.
According to Adedayo Amzat, Managing Director of Zedcrest Group, “With 70% of Africa’s population under the age of 30, the continent is truly the last frontier for global companies and investors looking for the next big markets to deploy to the both capital and product.
“The continent has also witnessed a huge leap in the quantum and quality of entrepreneurial endeavors, particularly in the world of emerging technologies. African founders have proven to be world class in applying innovative technologies to solve our daily problems. However, local capital markets have not developed enough to facilitate this growth, resulting in a disproportionate reliance on foreign capital.
“Domestic capital pools from banks, pension funds, asset managers and HNIs will need to be mobilized to support the growth of innovation on the continent,” he said.
He said the number of deals and funding in African startups has increased over the past few years, and the ratification of the African Continental Free Trade Agreement (AfCFTA) could also boost the African startup ecosystem. creating the largest free trade area in the world. world.
The theme of the Summit: ‘Post-pandemic Africa: unlocking the next frontier of growth’will have Abdourahmane Cissé, Minister, Secretary General, Presidency of Côte d’Ivoire and Juliet Ehimuan, Director, Google West Africa as keynote speakers.
The speakers for the plenary sessions are Adedayo Amzat, Group Managing Director, Zedcrest; Admassu Tadesse, President of the TDB Group; Serge Ekué, President of BOAD (West African Development Bank); Kudazyi Hove, entrepreneur and board member; Caleb Usoh, Country Director (Nigeria) at OCP SA; Ido Sum, partner at TLcom Capital; Jonathan Brenton, International Trade Director of Pernod Ricard; Dr. Davis Musinguzi, co-founder and CEO of Rocket Health; Eren Kelekci, Director of Investments, Food and Agriculture at the African Development Bank Group.
Other speakers include Habiba Ben Barka, Head of UNCTAD’s Africa Section; Colin Coleman, former CEO of Goldman Sachs SSA, Yale Fellow; Fani Titi, CEO of Investec; Joseph-Alain Saraka, director of strategy at ARISE; Peter Nyeko, co-founder and managing director of Mandulis Energy; Ibrahim Sagna, Advisory and Capital Markets Director at Afrexim; Mohamed Dabbour, CEO of Aesthina Partners Ltd and Thione Niang, founder of JeufZone Farm.
Zedcrest Group (“Zedcrest Capital” or “Zedcrest”) is the parent company of Zedvance Finance Limited, a leading consumer lending company; Zedcap Partners, a leading securities brokerage firm specializing in the brokerage of financial products in Sub-Saharan Africa Over-the-counter (OTC) Fixed Income and Currency Markets (FICC). Zimvest, an asset management firm licensed by the Securities Exchange Commission (SEC) is also a subsidiary of the Group.
Zedcrest is on Financial Times Africa’s list of fastest growing companies in 2022
Zedcrest was recently recognized as the fastest growing company in the financial services sector in Nigeria, the second fastest growing company in the country and the fifth fastest growing in Africa in the Financial Times 2022 ranking of Africa’s fastest growing companies published on its official website.
The company was also recognized as the best proprietary investment firm in Nigeria in 2022 by International Business Magazine, a Dubai-based business and financial news publication.
Summit tickets are on sale now and you can register when you visit here.
