Bloomberg, AfDB Start Initiative to Attract Investment in Africa

Michael Bloomberg and the African Development Bank have launched a partnership aimed at attracting more private sector investment on the continent.

The goal is to work with companies and investors across the world to raise more awareness about the opportunities in Africa and help the AfDB — the continent’s main multilateral lender — channel more money into areas that will boost jobs and development.

“Africa has enormous opportunities for economic growth and innovation, and this new partnership with the African Development Bank will help to unlock more of it by reducing barriers to private investment,” Bloomberg, the founder of Bloomberg ...