Thursday, December 1, 2022
HomeNewsAfricaAfDB’s Adesina says investors are backing Africa

AfDB’s Adesina says investors are backing Africa

Foreign direct investment in Africa fell 16% from $47bn in 2019 to $40bn in 2020 largely due to the Covid-19 pandemic. However, things are ‘looking much brighter’, says Akinwumi Adesina, president of the African Development Bank Group, who points to a record $86bn inflow in 2021.

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