World Business Angels Investment Forum kicks off in Durban

World Business Angels Investment Forum kicks off in Durban

Tuesday, November 21, 2023

KwaZulu-Natal Premier Nomusa Dube-Ncube will on Tuesday welcome hundreds of international delegates attending the World Business Angels Investment Forum (WBAF) 2023 at the Inkosi Albert Luthuli International Convention Centre in Durban .

The World Business Angels Investment Forum, an affiliated partner of the G20 Global Partnership for Financial Inclusion (GPFI), is a strategic global organisation whose mission is to ease access to finance for businesses from start up to scale up .

In 2021, the KwaZulu-Natal Provincial Government, through the Department of Economic Development, Tourism and Environmental Affairs, put forward a successful bid to host the WBAF 2023 .

Dube-Ncube said hosting the gathering of global leaders is a welcome boost for the province, particularly because it aligns with the province’s economic recovery and development strategy, which puts supporting and financing innovation, start-ups and Small Medium and Micro Enterprises (SMMEs) at the centre .

She said the province also the event which brings together entrepreneurs, investors and policy makers from different parts of the globe, saying they will make meaningful connections and match-making for provincial local businesses .

“As we rebuild our economy, we recognise the importance of entrepreneurship and international investment .

In particular, we welcome the fact that as an affiliate of G20 Global Partnership for Financial Inclusion (GPFI), WBAF 2023 focuses on the digital and business transformation of small businesses .

“There is also a special focus on the quality of local investors as part of efforts to increase financial inclusion in local economies in post-pandemic times,” Dube-Ncube said .

The meeting will take place from 21 – 22 November 2023 .

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