The African Development Bank’s plans to usher in investment | Business


A bold new initiative, the African Investment Forum is anticipated to play a significant role in plugging Africa’s infrastructure gap estimated as wide as $170-billion a year.  On this platform, talk is cheap. There will be no speeches.
Transactions are the only objective.

The African Development Bank (AfDB) is leading the charge on the forum — which was launched in Johannesburg this week — and aims to guide investor funds to African projects.

READ MORE: A bank that lends itself to growth

There is a lot of money to be spent in the global market — $112-trillion a year — but the question is not the availability of capital; it is that it is not moving to Africa where the need is quite high but where the rate of return is too.

Enter the African Investment Forum (AIF) which aims to mobilise…

Read More

*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

320ro

Comments

comments