Delta State governor, Dr. Emmanuel Uduaghan, has taken his drive for
investment to Germany where the 2014 African Finance and Investment Forum
(AFIF) is currently taking place in Cologne.
He is due to make a presentation where he will tell the business community
about the investment opportunities in Delta state and find investors and
financiers for projects in the real sector of the Delta State economy and
small and medium enterprises (SMEs) towards the development of the State
under his vision of Delta Beyond Oil.
In a keynote address during the opening of the forum organised by EMRC,
Belgium and DEG (German Financial Development Institution), Uduaghan
identified inadequate transport infrastructure as the major challenge to
development in Africa.
He said although Nigeria has security issues, they are exaggerated and
will soon be resolved. With the strengthening of democratic structures in
Nigeria, Uduaghan said the country offers a stable and profitable haven
for investors.
Members of the Delta State delegation include Chike C. Ogeah, Commissioner
for Information; Afam Obiago, Economic Adviser to the Governor and Ben
Igo, permanent secretary in the Ministry of Economic Planning.
AFIF brings together expert Financiers, Bankers, Investors, Public sector
and Entrepreneurs from across sub-Saharan Africa to the rest of the world.
The forum is designed for public and private institutions interested in
securing finance for projects; investors (private and institutional)
looking for projects to invest in; as well as policy makers,
financiers/bankers, to build partnership.