Category: Investments

Masai Ujiri, President of the Toronto Raptors, made his second appearance at the Africa Investment Forum, renewing his call for African governments to invest in sports. Ujiri, the only President of National Basketball Association (NBA) of African origin in franchise history, has worked hard over the past year to scout talent and raise awareness about the success and growth of… Read More

Challenged a few years ago at an investment forum about the number of women-owned businesses she invested in, Tokunboh Ishmael, co-founder of Aliethiea IDF, faced the realization that after 15 years of private equity investing in businesses in Europe, Asia and North America, the answer was: none. It was a turning point for the former investment banker, although her partner… Read More

The African Development Bank has signed an unfunded $250-million Risk Participation Agreement (RPA) facility with ABSA – a pan-Africa financial institution with a solid presence in 12 African countries. The 3-year RPA facility was signed November 12, on the sidelines of the Africa Investment Form through its trade finance operations. Under this 3-year RPA facility, the Bank and ABSA will… Read More

At the close on Wednesday of the second edition of the Africa Investment Forum in Johannesburg, African Development Bank president Akinwumi Adesina put the accent on current investment opportunities in Africa and on assuring young African entrepreneurs of the institution’s support. During the closing ceremony of AIF 2019, held from 11 to 13 November in the economic capital of South… Read More

Le programme « Desert to Power », initié par la Banque africaine de développement pour fournir de l’électricité à 250 millions de personnes dans la région du Sahel, a fait l’objet d’une session spécifique mardi à l’Africa Investment Forum 2019, organisé à Johannesburg, en Afrique du Sud. Le panel de cette session intitulée « Investir dans le soleil : l’initiative Desert to Power »… Read More

Africa Investment Forum 2019 : la République démocratique du Congo et la République du Congo signent un accord pour accélérer le projet de pont route-rail reliant leurs capitales | African Development Bank – Building today, a better Africa tomorrow Read More

It was deals that brought participants to the 2019 Africa Investment Forum and they were not disappointed. The second Forum ended on a high note Wednesday, with 56 boardroom deals valued at $67.6 billion tabled – a 44% increase from last year. Fifty-two deals worth $40.1 billion secured investor interest compared with $37.8 billion dollars last year. During the 2018… Read More

A report compiled by the African Development Bank reveals a continent that is embracing the brave new world of the Fourth Industrial Revolution but needs to improve access to finance, skills and inclusive growth.  The report, titled “Potential of the Fourth Industrial Revolution in Africa”, was launched on Monday at the Africa Investment Forum, the continent’s premier investment marketplace, organized… Read More

At 14, Mercy Kamanga dropped out of school at Standard eight in St Paul’s Primary School in Mzimba, Malawi, due to a lack of suitable sanitation facilities. “The toilets at our school were very few, small, dilapidated and didn’t have doors; only a piece of cloth covered the entrance. Our male colleagues often rushed to nearby bushes to help themselves.… Read More

In many ways, Africa needs trade and investment even more than it needs development aid. This is reflected by the African Development Bank’s commitment to explore all the possible options of mobilising domestic resources. Africa’s financing needs will remain very large over the next few decades. Both public and private capital formation will be necessary to pursue the necessary structural… Read More