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Envisioning Africa’s Economic Prospects - Keynote Delivered by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group - Chatham House, 7 June 2024, London

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: development and emerging economies, growth, investment and productivity

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· Akinwumi Adesina Wiki · African Development Bank Group WikiEnvisioning Africa’s Economic Prospects - Keynote Delivered by Dr. Akinwumi A. Adesina President and Chairman of the Boards of Directors African Development Bank Group - Chatham House, 7 June 2024, London

ContextKeynote at Chatham House in London on Africa's economic prospects; the African Development Bank finances Africa's development and seeks to change how investors view the continent.

Why it mattersAdesina argues that Africa's perceived risk exceeds its real risk and deters capital.

Problems raised
  1. Investors see Africa as risky.
  2. Market, currency and political risks deter capital.
  3. Financing needs are large.
Solutions proposed
  1. Use risk mitigation tools.
  2. Promote transparent investment platforms.
  3. Showcase Africa's strong growth prospects.
Read full speech on afdb.org ↗

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