• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Business

Africa remains the world’s next business frontier – Dr. Akinwumi Adesina

Johnson Uche by Johnson Uche
January 21, 2021
in Business, Spotlight
AfDB partners DFID to unveil $80m infrastructure financing for Africa, ADB launches $3 billion “Fight COVID-19” Social Bond, US calls for an independent probe of AfDB president, Akinwumi Adesina, AfDB board denies asking Adesina to step down as Obasanjo says the bank risks being hijacked
Share on FacebookShare on TwitterShare on Linkedin

Africa as a continent has remained a fertile ground for investment but depends very much on its ability to boost its healthcare sector.

This disclosure was made by Akinwumi A. Adesina, the President of the African Development Bank (AfDB) during the Africa Investment organized by the UK Department for International Trade themed, “Building back better – utilizing UK private sector strengths and values, and business-to-business opportunities working with UK government and others going forward”

According to Dr. Adesina, “Africa still possessed the same fundamentals that had driven the continent’s phenomenal growth over the past decade”

RelatedStories

Wale Edun pushes finance ministry directors to deliver 7% GDP growth 

FG to concession major national projects to repay loans – Finance minister 

May 30, 2025
AfDB, AI

AfDB flags Nigeria’s rising debt costs: 75% of revenue goes to interest payments 

May 29, 2025

“The fundamentals in those phenomenal growth rates in Africa are still there…Africa still leads in terms of ease of doing business…It’s very exciting, the digital explosion that you see in Africa today”

Mrs Wade-Smith, Her Majesty’s UK Trade Commissioner for Africa, was visibly excited to note that 10 of the fastest-growing economies were still in Africa, though not much was known of the technological innovations happening in the region.

According to Boris Johnson, UK Prime Minister, “many things have changed since last year, there is one thing I can tell you that has not changed: that is my ambition for the UK to be Africa’s investment partner.”

What you should know

  • The conference brought together the UK and African business and government leaders to discuss investment and partnership opportunities.
  • This year’s conference is a continuation of the last year’s successful UK-Africa Investment Summit which was hosted in London by the Prime Minister, where 27 trade and investment deals worth £5 billion and commitments valued at £8.9 billion were announced.
  • Four critical sectors were spotlighted as follows: sustainable infrastructure, renewable energy, financial and professional services, and agriculture and agri-tech.
  • It is expected with the impetus and full benefits of AfCFTA to the African nations, the continent would attract more investments and grow bigger
  • The African economy is hopefully to grow by 3.4% in 2021, though it shrank by 2.1% in 2020, as the global economy is expected to recover from the impact of the COVID-19 pandemic.
  • Africa has only 365 pharmaceutical companies, compared to 7,000 in China and 11,000 in India
  • Other participants included UK Prime Minister Boris Johnson, Minister for Africa James Duddridge, Minister for Investment Gerry Grimstone, as well as business leaders from Standard Bank, pharmaceuticals firm AstraZeneca and mobile operator Vodacom.

Follow us for Breaking News and Market Intelligence.
Tags: AfCFTAAfDBAfrican Development Bank
Johnson Uche

Johnson Uche

Johnson is a risk management professional and banker with unbridled passion for research and writing. He graduated top of the class with B.sc Statistics from the University of Nigeria and an MBA degree with specialization in Finance from Ambrose Alli University Ekpoma, with fellowships from the Association of Enterprise Risk management Professionals(FERP) and Institute of Credit and Collections management of Nigeria (FICCM). He is currently pursuing his PhD in Risk management in one of the top-rated universities in the UK.

Related Posts

Wale Edun pushes finance ministry directors to deliver 7% GDP growth 
Economy

FG to concession major national projects to repay loans – Finance minister 

May 30, 2025
AfDB, AI
Economy

AfDB flags Nigeria’s rising debt costs: 75% of revenue goes to interest payments 

May 29, 2025
AfDB enters a $1bn exposure exchange agreement with Asian Development Bank
Economy

AfDB projects $39.84 billion decline in foreign funding to Africa by 2025 amid aid cuts 

May 29, 2025
Nigeria’s GDP per capita falls to $824, worse than 1960 levels – AfDB President Adesina
Business News

Presidency disputes AfDB President Adesina’s claim that Nigerians are worse off now than in 1960 

May 5, 2025
CBN, forex
Financial Services

CBN directs banks to adopt PAPSS for transaction processing 

April 28, 2025
Insurers push for AfCFTA expansion, call for regulatory cooperation to harness economic potential in Nigeria 
Legal & Regulations

Insurers push for AfCFTA expansion, call for regulatory cooperation to harness economic potential in Nigeria 

April 23, 2025
Next Post
South Africa High commission in Nigeria shuts its offices, South Africa announces 21-day lockdown following spike in Coronavirus cases

AMSP, AVATT to facilitate COVID-19 vaccines pre-orders for AU member states

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank
Zenth Bank








DUNS

Recent News

  • Five stocks hit daily gain limit as All-Share Index attains N74.8 trillion cap; FIDELITYBK leads volume 
  • Nigeria to sign over 30 MoUs with Brazil as Vice President Alckmin begins landmark visit 
  • NDLEA arrests 312 suspects, seizes 803.7kg of hard drugs in Akwa Ibom

Follow us on social media:

Recent News

Weekly Stock Update: Nigerian Exchange Group record growth w-o-w, up by 0.48%

Five stocks hit daily gain limit as All-Share Index attains N74.8 trillion cap; FIDELITYBK leads volume 

June 24, 2025
Nigeria to sign over 30 MoUs with Brazil as Vice President Alckmin begins landmark visit 

Nigeria to sign over 30 MoUs with Brazil as Vice President Alckmin begins landmark visit 

June 24, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics