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Welcome to PIA

The Private Investors for Africa (PIA), founded in 2001, is a business coalition that brings together ethically like-minded companies with the objective of tapping into their business experience in Africa to tangibly contribute to the continent's future.

At present PIA members include: Coca-Cola Hellenic Bottling Company, HEINEKEN, Standard Bank and Syngenta.

The PIA members are united and motivated by a common vision to help accelerate economic growth and social development across the African continent.

Latest news

14 March 2022

PIA meeting with the H.E Wamkele Mene, Secretary-General, AfCFTA

The PIA met with the H.E Wamkele Mene, Secretary-General, AfCFTA and his team at the end of February. The PIA was very encouraged by the progress the AfCFTA is making towards accelerating intra-African trade and boosting Africa’s trading position in the global markets. The PIA is very supportive of the continental trade agreement and believes the private sector can play an important role in its successful implementation.

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25 February 2022

PIA meeting with the Zambian delegation

On 17 February, on the occasion of the AU-EU summit, the PIA members had the chance to meet with the Zambian delegation composed of Hon. Situmbeko Musokotwane, MP and Minister of Finance and National Planning and Mr. Mukuli Chikuba, Permanent Secretary - Economic Management and Finance, Ministry of Finance.

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23 February 2022

PIA meeting with the IMF

Recently, the PIA members held their annual plenary meeting. On this occasion, the members met with Andrew Tiffin - Senior Economist, Regional Studies Division, IMF African Department – who provided an overview of the year ahead for Africa with GDP growth expected to be 4%. Possible new Covid variants, supply chain issues and political volatility continue to impact growth, however, Africa has managed the impact of Covid-19 relatively well and there remains momentum in intra-regional trade with the new AfCFTA. The PIA believes the private sector is an important growth partner for the continent and access to forex and increases in taxation in certain regions are significant blockages that require ongoing engagement.