African Development Bank Woos Canadian Businesses To Invest In Africa

The president of the African Development Bank (AfDB), Dr Akinwumi Adesina has encouraged Canadian businesses to look more towards Africa.

He is quoted in a press statement issued by the Bank as telling them to “be part of the action and seize investment opportunities on the continent”.

“Canada must not be missing at Africa’s investment table. It is time to change the lens through which Africa is perceived and to make clear distinctions between perceived and real risks.”

This was at a meeting held with 80 leading representatives of the Canada-Africa Chamber of Business in Toronto.

It comes ahead of the Bank’s Africa Investment Forum (AIF), scheduled for November 07 to 09, in Johannesburg, South Africa.

The AIF would bring together global private capital and investment funds, sovereign…

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