Connect with us

Hi, what are you looking for?

Business News

Adesina Urges US Investors to Back Africa

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.

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.



Follow us on Twitter at @thesignalng

Copyright 2022 SIGNAL. Permission to use portions of this article is granted provided appropriate credits are given to and other relevant sources.

Click to comment

Leave a Reply

Your email address will not be published.


Signal-Tesslo Ad



President, African Development Bank Group (AfDB), Dr. Akinwumi Adesina, has charged African Presidents to build Africa’s healthcare defense system, Leadership reports. He stated this...


Nigeria’s liabilities to the World Bank and the African Development Bank rose from $7.14bn to $14.25bn between June 30, 2015 and March 31, 2021,...


The Director-General of the African Development Bank Group’s Nigeria Country Department, Mr Lamin Barrow, has said the Nigerian government’s plan to lift 100 million...


The President of the African Development Bank, Dr Akinwumi Adesina, has warned against misinformation, stating that a former Nigerian Head of State, Yakubu Gowon,...

Copyright ©