Dr. Akinwumi Adesina, president of the African Development Bank Group, has reaffirmed to US investors that Africa is a safe, competitive, and lucrative market.
Dr. Adesina urges American investors to view Africa as a natural investment destination and to connect with the continent in win-win collaborations. She is speaking at the US-Africa Business Summit in Marrakech, Morocco.
The head of the AfDB claimed that despite the economic difficulties caused by the Covid-19 outbreak, there were 230 private equity acquisitions in Africa in 2019 and 255 by 2020.
He emphasized that opportunities still abound in Africa, especially in these unsettling times.