FILES: Akinwumi Adesina, president of the African Development Bank Group, speaks at the African Development Bank’s Annual meeting in Accra, Ghana, on May 23, 2022. Nipah Dennis / AFP
The President of the African Development Bank Group, 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 Marrakech, Morocco, Dr Adesina wants American investors to see Africa as a logical investment destination and to engage with the continent in win-win partnerships.
READ ALSO: Global Recession May Be Imminent As Inflation Surge, IMF Warns
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 230 in 2019 to 255 by 2020.
He stressed that even in turbulent times, opportunities still abound in Africa.
Enzo Maresca's men also lost 1-0 to relegation-threatened Millwall in midweek and have won just…
He expressed optimism about Nigeria's economic resurgence and called for collective efforts to propel the…
The vaccine protects people against five strains of the meningococcus bacteria.
The decision was taken by consensus, the IMF said in a statement confirming the board's…
Justice Rahman Oshodi, who ruled on his bail application, admitted him to bail in the…
He also denied that his action was politically motivated, insisting that he was only ensuring…