AfDB vows to derisk investment in Africa in lobbying drive
The continent has world’s lowest default rate on infrastructure projects, says bank president Akinwumi Adesina
06 November 2022 - 19:07
The African Development Bank (AfDB) is lobbying global investors to seek investment opportunities in Africa with promises that it will “derisk” investments.
Speaking at the Africa Investment Forum (AIF) in Abidjan, Ivory Coast, last week AfDB president Akinwumi Adesina said the risk of investing in African countries is exaggerated. It is based on perception, not reality. He asked global and continental investors to have more confidence in the continent...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.