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African Development Bank President Adesina urges Canada to be present at Africa’s investment table

   African Development Bank President Akinwumi Adesina, on Wednesday urged Canadian business leaders to “be part of the action and seize investment opportunities on the continent.” Adesina made the call while meeting with 80 leading representatives of the Canada-Africa Chamber of Commerce in Toronto. Promoting the Bank’s upcoming Africa Investment …

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African Development Bank, Mariner Investment Group, and Africa50 Price Landmark $1 Billion Impact Securitization

  The African Development Bank (AfDB) the European Commission, Mariner Investment Group LLC (Mariner), Africa50 and Mizuho International plc ) today announce the pricing of Room2Run, a US $1 billion synthetic securitization corresponding to a portfolio of seasoned pan-African credit risk. Room2Run is the first-ever portfolio synthetic securitization between a …

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African Development Bank and United Nations Industrial Development Organization (UNIDO) join forces to accelerate Africa’s industrialization

  The African Development Bank (AfDB) and the United Nations Industrial Development Organization (UNIDO) signed a Memorandum of Understanding (MoU) on Monday, May 21 to step up collaboration to boost Africa’s industrialization. “The Bank launched in 2016 its Industrialization Strategy for Africa 2016-2025, which was the outcome of collaborative work …

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CEO of a US Fortune 500 company, Martin Richenhagen opens AGCO Africa Headquarters in Johannesburg

  “Africa’s role is pivotal to feeding the world’s growing population and repairing the problem of global food security,” says Martin Richenhagen, President, Chairman and CEO of AGCO, Your Agriculture Company (NYSE:AGCO)  a worldwide manufacturer and distributor of agricultural equipment. In a keynote speech, Mr Richenhagen outlined AGCO’s vision and …

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