The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
The African Development Bank has identified private sector development as a top priority area to lift transition countries out of fragility. The private sector brings not only economic benefits including growth, higher incomes and employment, but also increases hope through more economic opportunity and provides examples for scaling up and replication. The private sector can thrive in the most challenging environments and it can act as a stabilizer and a means for exiting a fragile condition.
Investing in transition countries presents not only the prospect of making a difference in Africa, but a real financial opportunity with potential for outsized returns, for those willing to engage in these markets and seize the first-mover advantage.
Despite its potential, private sector investment in fragile contexts is often constrained by lack of financing, unfavorable business environments, weak institutions and informational asymmetries.
To respond to these challenges the African Development Bank has stepped up its efforts to encourage and facilitate private investments in fragile situations, by leveraging its wide suite of financing and risk management solutions, as well as advisory and technical assistance products.