Africa remains fertile for investment — Adesina | Dailytrust

Africa remains fertile for investment — Adesina

AfDB President, Dr. Akinwumi Adesina
AfDB President, Dr. Akinwumi Adesina

President of the African Development Bank (AfDB), Akinwumi Adesina has said Africa remains a fertile ground for investment but that depends very much on its ability to boost its healthcare sector.

He disclosed this during the Africa Investment organised by the UK Department for International Trade.

The conference brought together the UK and African business and government leaders to discuss investment and partnership opportunities.

Four critical sectors were spotlighted as follows: sustainable infrastructure, renewable energy, financial and professional services, and agriculture and agri-tech.

Adesina said: “Africa still possesses the same fundamentals that had driven the continent’s phenomenal growth over the past decade.

“The fundamentals in those phenomenal growth rates in Africa are still there… Africa still leads in terms of ease of doing business…It’s very exciting, the digital explosion that you see in Africa today.”

According to Boris Johnson, UK Prime Minister, “many things have changed since last year, there is one thing I can tell you that has not changed: that is my ambition for the UK to be Africa’s investment partner.”

Dear Reader,
Every day, we work hard to provide readers such as you with the most accurate, up-to-date, and comprehensive information. Quality journalism costs money. Today, we're asking that you support us to do more. Your support means that Daily Trust can keep offering journalism to everyone in the world. Sign up for as little as N1,000 to become a member. Learn more about our membership here

Bank transfers can be made to:
Zenith Bank
Media Trust Ltd

Please send details of your bank transfer to the email or Whatsapp number below so that we can contact you.

If you have any questions, please let us know.

Whatsapp: +234 806 990 3410