Media Advisory - Dr. Akinwumi Adesina, President of the African Development Bank (ADB), will be in Toronto on September 19

Media are invited to attend the event

MONTRÉAL, Sept. 14, 2018 /CNW Telbec/ - Dr. Akinwumi Adesina will be participating in a meeting of some 80 representatives of major private and public investors organized by The Canada-Africa Chamber of Business. The African Development Bank is looking to engage with Canadian financial institutions and current and potential investors in infrastructure projects, ahead of the Africa Investment Forum taking place in Johannesburg, South Africa, in November 7?9, 2018.

Dr. Adesina summed up the purpose of his visit to Canada in one sentence: "I seek investment for Africa."

The investor meeting will take place at Goodmans LLP, Bay-Adelaide Centre, West Tower, 333 Bay Street, Suite 3400, Toronto, Ontario  M5H 2S7 from 8:30 am to 11:00 am. Attendance is free of charge, but by invitation only. Media representatives are welcome but they must register.

BACKGROUND

The African Development Bank is one of Canada's key development partners in supporting sustainable economic growth in Africa. The Bank's mission is to spur sustainable economic development and social progress in its member countries by mobilizing investments in infrastructure and industrial projects. Canada joined the African Development Fund in 1973, it is the fourth largest contributor to the Bank among non-regional members.

Africa is a logical target for Canada to diversify its international investments, trade and exports. Growth is expected to remain very strong. In March 2018, 44 African nations signed the Continental Free Trade Agreement (CFTA), a landmark agreement that will pave the way for a rapid integration and expansion of consumer markets totalling 1.2 billion people and a combined economy of 3.4 trillion US$.

SOURCE African Development Bank