Skip to main content

AfDB postpones 2021 Africa Investment Forum


The African Development Bank Group has announced the indefinite postponement of its upcoming Africa Investment Forum, originally scheduled for December 1-3, 2021, in Abidjan, Cote d'Ivoire.

The postponement follows "consultations with the Government of Côte d’Ivoire and the Board of Directors of the African Development Bank Group," and occasioned by the "rising global travel restrictions due to the Covid-19 Omicron variant, and heightened concerns for health and safety..."

President of the African Development Bank Group, Dr. Akinwumi Adesina who announced the postponement, described The Africa Investment Forum as the premier investment marketplace for Africa, with several billion dollars of investment projects scheduled for investment boardrooms and with project sponsors and investors expected at this edition of the Africa Investment Forum.

Below is the full statement announcing the postponement.


Abidjan, November 29, 2021 - Following consultations with the Government of Côte d’Ivoire and the Board of Directors of the African Development Bank Group, the 2021 Africa Investment Forum scheduled for December 1-3, 2021, in Abidjan, is postponed until further notice.

Read also: African Development Bank to invest $3bn in Africa’s pharmaceutical industry

The President of the African Development Bank Group, Dr. Akinwumi Adesina said: “The Africa Investment Forum is the premier investment marketplace for Africa. Several billion dollars of investment projects were scheduled for investment board rooms with project sponsors and investors at this edition of the Africa Investment Forum. Unfortunately, with rising global travel restrictions due to the Covid-19 Omicron variant, and heightened concerns for health and safety, it is necessary, regrettably, to postpone the event. The health and safety of everyone comes first.

The African Development Bank Group and the Government of Côte d’Ivoire wish to thank previously expected participants and delegations and look forward to hosting the event at a future date. We sincerely regret all inconveniences to our esteemed and expected heads of state and government, participants, project sponsors, investors and government delegations.

We would like to thank all participants, investors, and project sponsors for the excellent preparatory work they have done.

The African Development Bank Group and the Africa Investment Forum partners are indebted to President Alassane Ouattara and the Government of Côte d’Ivoire for their exceptional and gracious support.

Comments

Popular posts from this blog

Nestlé Ghana Limited Wins Overall Best Industrial Company Of The Year at 13th AGI Industry & Quality Awards

  Nestlé Ghana Limited has been honored with four prestigious awards at the 13th Association of Ghana Industry and Quality Awards ceremony. The event, held in an esteemed setting, gathered prominent figures from Ghana’s industrial sector. Amidst the anticipation, Nestlé Ghana emerged as one of the evening’s notable winners, securing accolades in several key categories. This recognition underscores Nestlé Ghana’s relentless pursuit of excellence and innovation, marking a significant milestone that highlights the company’s substantial contributions to the manufacturing industry in Ghana. Nestlé Ghana's exceptional performance was acknowledged with the following awards: Overall Best National Quality Award, Diamond Category (Food) Overall Best Practices in Sustainable Manufacturing Best Company (Food Sector) Overall Industrial Company of the Year, affirming its status as a leader not only within the food sector but also across Ghana's entire industrial landscape. This success is a ...

Anglogold Ashanti Obuasi Mine tops 2024 Sustainability & Social Investment Awards

 AngloGold Ashanti Obuasi Mine has confirmed its status as sustainability champions by sweeping nine awards, the most won by a company at the 2024 Sustainability & Social Investment Awards (SSI) held at Movenpick Ambassador Hotel in Accra. The feat comes on the heels of a dominant performance in last year's event where AngloGold Ashanti Obuasi Mine swept seven awards. The SSI Awards organised by Ianmatsun Global Services recognizes the most outstanding sustainability, Corporate Social Responsibility (CSR), Environmental, social, and governance (ESG) initiatives in the country and beyond as well as the best teams and individuals who brought them to life. This year's event, which was the 8th edition, was under the theme "Climate Action Now: Accelerating Decarbonization and Building Resilience". The awards won by AngloGold Ashanti on the night include SSI Company of the Year, Best Company in Women Empowerment (project), SSI Company of the Year ( Environment), Best Co...

Zoomlion Advocates Community & Gender inclusive waste management for Climate Action at COP 29

 Africa's waste management giant, Zoomlion Ghana Limited has advocated for an integrated approach to waste management that considers the interest of community members, women and vulnerable groups. James Deku, a Communications Officer of Zoomlion Ghana Limited made this call at the 29th session of the Conference Of Parties (COP 29) of the United Nations Framework Convention for Climate Change (UNFCCC) at Azerbaijan, Baku whiles speaking on the topic "Community-Driven and Gender Inclusive approaches to waste management for Climate Action ". He said the waste sector is a major contributor of methane emissions which is a potent greenhouse gas causing climate change hence the need to manage waste in a manner that considers the interest of all stakeholders. Zoomlion's waste management model is designed and operated in a manner that considers the interest of all stakeholders. Through a Public Private Partnership (PPP) model, local authorities engage community members in clea...