There are high expectations for the IMAP Bi-Annual International Conference, which for the first time ever, is being held in Africa.
Taking place in Marrakech from 24-26 October, IMAP’s Fall 2019 Conference is being co-organized, as well as hosted, by Ascent Capital Partners, IMAP’s exclusive partner for French-speaking Africa. It will be the first time that an IMAP international conference has been held in Africa since IMAP’s inception in 1973 and over a hundred IMAP representatives from across the globe are expected to attend.
Key topics on the event agenda will be, the investment climate in Morocco, Casablanca Finance City's privileged position as an African financial hub and Private Equity in Africa. Coveted external guest speakers during the conference, include Ahmed Reda Chami, Chairman of the Economic, Social and Environmental Council (CESE), Casablanca Finance City Authority Deputy Managing Director, Lamia Merzouki and Sofiane Lahmar, Partner in pan-African Private Equity firm, Development Partners International (DPI).
IMAP Chairman, Jurgis Oniunas, commented: “According to most estimates, Africa is the fastest growing continent and by the year 2100, will be home to 13 of the world’s largest megacities. Africa is an important market for IMAP as we continue to extend our international footprint, so it is fitting that this year we are holding our conference in Marrakech, one of the oldest cities in which IMAP has ever assembled."
Abdellatif Imani, Co-founder & Managing Partner at Ascent Capital Partners, added: “We are delighted to be hosting IMAP’s first ever international conference in Africa. Africa is becoming an interesting market from an investment banking perspective, as M&A deals targeting African companies are getting bigger and international investors are being encouraged by the potential resulting from Africa’s growing middle class and its impact on future economic growth. The launch in July 2019, of the African Continental Free Trade Area (AfCFTA), one of the largest free trade areas since the formation of the World Trade Organization, should also drive growth and innovation for Africa and could provide a boost for deal activity in the coming years."
IMAP is an International Mergers and Acquisitions Partnership, with 450 M&A advisors and presence in 42 countries. Having closed over 2,100 transactions valued at $90bn in the last 10 years, IMAP is consistently ranked in the world’s top ten M&A advisors (Refinitiv) for midmarket transactions. www.imap.com