Africa’s risk is not different from any part of the world

President and Chair of the Boards of Directors of the African Development Bank Group, Dr Akinwumi Adesina, made the declaration during a World Governments Summit panel in Dubai, titled “The New Economic Revolution: An African Perspective.”

“We actually asked Moody’s Analytics to look at the risk profile of Africa, of investments and infrastructure over the last 14 years. Guess what they found? The rate of loss in Africa is 1.7%. That in Latin America was about 13%. The one in Eastern Europe was more about 10%.”
Speaking on the same panel, Tony Elumelu, founder of The Tony Elumelu Foundation and chairman of multiple African businesses, shared his direct experience: “There’s nowhere else we get the kind of returns on investments as what we make in Africa.” He emphasized that success lies in seeing opportunity where others see risk.
 To bridge this perception gap, the African Development Bank Group announced plans to establish a new Africa Investment Guarantee Agency. The institution will offer comprehensive coverage against climate, equity, political, and currency risk-addressing key concerns that have historically deterred international investors.