Home Industry Finance UAE’s ADIA, ADQ sign Rabat Declaration, support first Africa Sovereign Investors Forum In addition to ADIA and ADQ, Kuwait Investment Authority and Qatar Investment Authority were among the GCC entities present at the forum by Gulf Business June 22, 2022 Abu Dhabi Investment Authority (ADIA) and ADQ, have signed the Rabat Declaration, extending support to the first Africa Sovereign Investors Forum (ASIF), organised by Ithmar Capital, Morocco’s sovereign strategic investment fund. The Rabat Declaration marks “the establishment of ASIF as a facilitator and a catalyser of bankable investment opportunities”. The forum brought together the region’s leading sovereign wealth funds (SWFs) to discuss and drive transformational development projects and strengthen inter-Africa relations. Held in Rabat under the patronage of King Mohammed VI, ASIF sets the foundation for improved collaboration among multiple stakeholders to forge multidimensional partnerships that will contribute to the socio-economic progress of the continent. All the main African SWFs participated in the forum and signed a memorandum of understanding to build continuous dialogue and develop transformational and concrete investment projects. In addition to ADIA and ADQ, Kuwait Investment Authority (KIA) and Qatar Investment Authority were among the entities from the GCC that attended the inaugural ceremony. ADIA, ADQ and KIA expressed their confidence in ASIF’s framework for unlocking investment opportunities that meet the requirements of international investors while stimulating economic development in Africa for the benefit of its future generations. Tags Abu Dhabi Investment Authority ADQ Africa Sovereign Investors Forum 2022 0 Comments You might also like Wizz Air Abu Dhabi carries 3 million passengers in 2023 ADQ, Azerbaijan Investment Holding form joint investment platform World Investment Forum 2023: UAE investments in Turkiye hit Dhs20.6bn Farm to fork: Abu Dhabi’s Silal launches blockchain-powered food tracking system