Group Managing Director/Chief Executive of Zenith Bank, Ebenezer Onyeagwu, has advocated for increased impact investments in Africa that will enable the continent to attain its potential.
He made the call while delivering his keynote address at the Africa Investment Risk & Compliance Summit 2021 organised by the Emerging Business Intelligence and Innovation (EBII) Group, which was held at the University of Oxford, United Kingdom last Friday.
Onyeagwu delivered his keynote address after the special keynote address by Ghana President Nana Addo Dankwa Akufo-Addo, who was the Special Guest of Honour.
The African Union Commissioner in charge of Infrastructure and Energy, Amani Abou-Zeid, also delivered a keynote address at the summit.
Speaking on the theme: Leveraging impact investment opportunities for growth in Africa, Onyeagwu described impact investment as an investment that yields optimal returns for investors, value for all stakeholders, and guarantees continued sustenance and existence of humanity.
He made a case for increased impact investment in Africa, noting that investment opportunities on the continent cut across agriculture, healthcare, housing, infrastructure, electricity, and the creative sectors.
Onyeagwu hopes the African Continental Free Trade Area (AfCFTA) would create a single, continent-wide market for goods and services, business and investment, as being in one country on the continent grants investors access to the entire continent.
