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AfDB postpones 2021 Africa Investment Forum

BY: Isaac Yeboah
President of the African Development Bank Group, Dr. Akinwumi Adesina
President of the African Development Bank Group, Dr. Akinwumi Adesina

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.

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.