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Keynote Speech by Dr. Akinwumi A. Adesina President and Chairman, Board of Directors African Development Bank Group - Closing Ceremony for the Africa Investment Forum 2024 market Days

· 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 WikiKeynote Speech by Dr. Akinwumi A. Adesina President and Chairman, Board of Directors African Development Bank Group - Closing Ceremony for the Africa Investment Forum 2024 market Days

ContextClosing keynote at the Africa Investment Forum 2024 Market Days in Rabat; the African Development Bank finances Africa's development and uses the forum to close investment deals.

Why it mattersThe AfDB reports the deals secured at the forum and stresses project preparation.

Problems raised
  1. Africa still attracts too little investment for its needs.
  2. Investors lack bankable, well-prepared projects.
  3. Perceived risk raises the cost of capital.
Solutions proposed
  1. Use the Africa Investment Forum to close deals.
  2. Bring partner institutions together to plan and co-finance.
  3. Prepare projects to investor standards.
Read full speech on afdb.org ↗

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