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.”

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