AfDB PRESIDENT CALLS ON U.S. TO INVEST IN AFRICA
President of the African Development Bank Group, Dr. Akinwumi Adesina, is encouraging U.S. investors to invest in Africa to help group both parties. He makes this statement on Wednesday, July 21, 2022, at the U.S.-Africa Summit in Marrakech, Morocco. In the speech, he made known the successes, advantages, and resources that Africa is capable of using to compete in the world market. He states the Dangote urea plant, natural gas alternatives, and lithium-ion for electric vehicles among others, as reasons to attract investment opportunities from the U.S. “Africa…offers a very profitable investment destination. Savvy investors know that if you are not investing in Africa, you are really missing out on the world’s leading investment opportunities frontier…I really believe that this is the time for US investors to rapidly move into and invest massively in Africa. There is always a first-mover advantage, and opportunities wait for no one. ”, he said. The summit, dubbed “Building Forwar...