Agenda

ProgrammeSessionList

Agenda

Wednesday, 19th October 2011

08:00	Registration and Refreshments


08:45	Welcoming Remarks from the Co-Chairs Lanre Akinola, Editor, This is Africa Magazine Jennifer Choi, Vice President, Industry and External Affairs, Emerging Markets Private Equity Association (EMPEA)


08:55	Keynote Address: The Role of Private Equity in Driving Growth His Excellency Babatunde Raji Fashola, Governor, Lagos State, Nigeria


09:25	Panel Session: Tipping Point - Is African Private Equity Ready for Primetime? Has the African PE industry “arrived” and will the number of GPs competing for LP commitments and deals in Africa grow rapidly in coming years? Or, are recent fundraising successes exceptions rather than the rule? Is the investment thesis for Africa resonating more with LPs, or is Africa still a low priority for LPs initiating or expanding their exposure to emerging markets private equity? What aspects of the Africa opportunity are the most attractive to prospective investors? What is deterring new investors and how can the industry address these challenges? Is there such a thing as "Africa PE"? How do PE firms tackle regional fragmentation? Moderator: Dave Read, Head of International Development, Europe, Middle East, India and Africa (EMEIA), Ernst & Young Thomas C. Barry, Chairman, Kingdom Zephyr Africa Management Hisham El-Khazindar, Managing Director and Co-Founder, Citadel Capital S.A.E. Nadeem Lodhi, Principal, Abraaj Capital Peter Schmid, Partner, Head of Private Equity, Actis

10:20	Refreshment Break


10:50	Panel Session: The Performance of Private Equity in Africa With sub-Saharan Africa offering some of the world’s highest returns on investment in recent years, is there a growing acceptance that profit and development on the continent are not mutually exclusive concepts? How strong is the correlation between development performance and financial performance? Do fund track records bear this out? Without a PE index for Africa, what do GPs and LPs measure themselves against, and how adequate are those benchmarks? Have there been benchmark innovations? Runa Alam, CEO and Partner, Development Partners International LLP (DPI)) Martin Poulsen, Chief Private Equity Officer, African Development Bank Group André Roux, CEO, Ethos Private Equity David Wilton, Chief Investment Officer & Manager Global Private Equity Funds - Global Financial Markets, International Finance Corporation (IFC) Moderator: Roderick Evison, Acting CEO and Managing Director, Africa, CDC Group plc


11:40	Panel Session: Diversifying the LP Base in Africa Private Equity What are the major constraints on LPs’ willingness to allocate capital to the region, and how can these constraints be addressed? How is the current LP base evolving and what LPs are showingincreased or decreased appetite for the region? Where should GPs be focusing efforts, particularly as it has become more challenging and costly to raise money in the US and Europe? How can funds promote greater participation from more commercially-oriented investors? How are investor relations activities shifting with the entry of pension funds and similarly minded institutions in developed markets? Are terms and conditions changing? Do the ILPA Principles play a role? Gillian Brown, Head of Private Equity, British Airways Pension Investment Management Paul Cunningham, CFO, Helios Investment Partners Hurley Doddy, Co-CEO, Emerging Capital Partners (ECP) Daniel Schoneveld, Vice President, Business Development, Europe, Hamilton Lane Moderator: Mark Florman, CEO, The British Private Equity and Venture Capital Association (BVCA)

12:40	Networking Lunch


14:00	Keynote Interview: The Role of Private Investment in Zimbabwe's Recovery Hon Tendai Biti, Minister of Finance, Zimbabwe Interviewer: Lanre Akinola, Editor, This is Africa Magazine


14:30	Panel Session: Private Investment in Africa’s Infrastructure How well-equipped is the private sector to make up Africa’s infrastructure investment financing gap? What are the challenges in creating an environment conducive to leveraging public funding in order to attract private capital? What role can private equity investors play in addressing what is one of Africa’s greatest hurdles to growth? David Creighton, President and CEO, Cordiant Capital Okechukwu Enelamah, CEO, African Capital Alliance (ACA) Mitesh Pema, Associate Director, African Infrastructure Investment Managers (AIIM)) Moderator: Roger Leeds, Professor, Johns Hopkins University, SAIS and Founding Chairman, Emerging Markets Private Equity Association (EMPEA)

15:20	Refreshment Break


15:50	Panel Session: Unlocking African Pension Capital to Private Equity How viable are African pension funds as a source of capital for private equity? How are GPs engaging local pension funds to unlock capital? Do you think we will see increased investment in private equity by African pension funds in the future? Michael Addo, Former General Manager of Investments, Social Security and National Insurance Trust (SSNIT) Ghana Ephraim Letebele, CEO, Botswana Public Officers Pension Fund (BPOPF) Nzomo Mutuku, Head of Research & Development, Retirement Benefits Authority (Kenya) David Uduanu, Managing Director, Pensions Alliance, Pension Operators Association (Nigeria) Moderator: David Ashiagbor, Economic Advisor, Economic Affairs Division, Commonwealth Secretariat


17:00	Concluding Remarks from the Co-Chairs Lanre Akinola, Editor, This is Africa Magazine Jennifer Choi, Vice President, Industry and External Affairs, Emerging Markets Private Equity Association (EMPEA)

17:15	Networking Reception

Presented by

Lead sponsors

DFI partner

Co-sponsors

Exhibitor

Partner publications

Supporting organisations