AFDB, PRIVATE SECTOR VOW TO DEEPEN PARTNERSHIP FOR AFRICA’S GROWTH

AfDB and business leaders commit to boosting investment, job creation, and economic transformation.

African Development Bank President Dr. Sidi Ould Tah and top private sector reps from West, Central, and North Africa vowed stronger collaboration to accelerate the continent’s development. Speaking in Abidjan at the CGECI event, Tah emphasized the private sector’s central role in closing Africa’s $400 billion financing gap. The AfDB plans to turn every dollar raised into $10 worth of transformative investments through innovative financing. Business leaders hailed this as a paradigm shift, pledging support for local banks, youth entrepreneurship, and intra-African trade. Open dialogue with AfDB country offices will continue to sustain progress.