African Development Bank targets $67bn in African deals at investment forum

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The forum is part of the Abidjan-based lender’s efforts to narrow Africa’s infrastructure gap of as much as $170bn a year

Inadequate power, railways, ports and roads in Africa curb productivity by as much as 40% and reduce per capita economic growth by about 2.2 percentage points, according to World Bank data.

While the global economy is showing signs of weakness, investors are increasingly paying attention to Africa as it has some of the world’s fastest-growing economies in Ghana, Rwanda and Ethiopia, Adesina said. More than 100 countries will be represented at the conference, with 1,600 delegates from outside of Africa seeking opportunities on the continent, he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WATCH: Africa Investment Forum - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The focus of the international investor community will be on the rest of Africa with the hosting of the second Africa Investment Forum this week. Forget Forum. Rugby
Source: SABC News Online - 🏆 32. / 51 Read more »

Business veteran Allan Gray dead at 81South African business magnate and founder of the eponymous asset manager, Allan Gray (81), has died. sadd all the money but we all have to leave some day Jika_Uthi So long Pretty Percy, we know life has no mercy, Trascient as bubblegum or an ice-cream or an apple tart. All has an ending that once had a start. 😧💔
Source: eNCA - 🏆 49. / 51 Read more »