US Investors Urged To Financially 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. <br />Dr. Adesina wants American investors to see Africa as a logical investment destination and to engage with the continent in win-win partnerships. <br />The AfDB boss says 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. <br />He stressed that even in turbulent times, opportunities still abound in Africa.