African Development Bank Mobilises $31bn Investment Interest From Global Investors

The African Development Bank has drawn $31 billion in investment interest from African and global investors. <br />AfDB President, Dr. Akinwumi Adesina, commended the forum’s outcomes and the partners’ commitment. <br />He says the AIF’s focus was to attract more foreign direct investment to Africa and ensure the private sector remained the driving force of that transformation. <br />Adesina says the private sector is Africa’s growth accelerator and they must mitigate real and perceived risks and persuade the private sector that investing in Africa is safe.