News from Angola – The President of the African Development Bank (ADB), Akinwumi Adesina, gave strong guarantees to American investors that Africa is a safe, competitive and profitable market for investment.
Speaking on Wednesday at the US-Africa Business Summit in Marrakesh, Akinwumi told American investors to see Africa as a logical investment destination and to engage with the continent in win-win partnerships.
He said US investments were critical to accelerating infrastructure development on the continent. “This is an opportune time for American investment in Africa, at scale,” said Adesina. “Tomorrow cannot wait. Africa’s time is now. Africa’s future is bright. We are open for business, and we welcome you with open arms,” she emphasized. The American Business Council for Africa teamed up with Morocco to organize the summit under the theme “Building the Future Together”. The event brought together global investors and business executives.