In a statement issued by African Development Bank (AfDB), it was revealed that the bank and the European Investment Bank on Wednesday signed a joint partnership action plan highlighting their strengthened cooperation and mutual development priorities and a strong shared emphasis on boosting public and private sector investment in Africa.
According to the statement, the plan enabled both institutions to grow a shared pipeline of bankable projects around key complementary themes to which each institution would bring their comparative advantage.
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During the Africa Investment Conference, a virtual one-day event organized by the UK Department for International Trade, which brought together UK and African business and government leaders to discuss investment and partnership opportunities, AfDB’s {resident. Akinwumi Adesina said that Africa remained fertile ground for investment. He however noted that much was hinged on the continent’s ability to boost its healthcare sector.
