Wed. Jul 27th, 2022

AFRICAN DEVELOPMENT BANK PRESIDENT URGES US INVESTORS TO INVEST IN AFRICA.

The President of the African Development Bank AFDB, Dr. Akinwumi Adesina has given strong assurance to US investors that Africa is a secure, competitive and profitable market.

Speaking at the US-Africa Business summit in Marrakechi, Morocco, Dr Adesina enjoined American investors to see Africa as a logical investment destination and to engage with the continent in Win-Win partnerships.

The AFDB boss said that despite the disruptions of the covid-19 pandemic and its impact on economies, the number of Private equity deals in Africa increased from two hundred and thirty in 2019 to two hundred and fifty-five by 2020.

He stressed that even in turbulent times, opportunities still abound in Africa .

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