• About
  • Advertise
  • Privacy Policy
  • Contact
Wednesday, July 9, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

AfDB Postpones 2021 Africa Investment Forum due to Omicron Variant

November 30, 2021
Stephen M.Cby Stephen M.C
in Africa
0
AfDB Postpones 2021 Africa Investment Forum due to Omicron Variant

AfDB Headquarters

African Development Bank has indicated that it has postponed the 2021 Africa Investment Forum, which was scheduled for next month, December 2021, due to the emergence of the new strain of the COVID-19 virus known as the omicron variant.

Dr Akinwumi Adesina, President of AfDB, in a statement issued in Abidjan, stated that the postponement was in relation to travel restrictions arising from the emergence of the COVID-19 Omicron variant. He indicated that the decision to postpone the 2021 Africa Investment Forum was reached following consultations with the Government of Côte d’Ivoire and the Board of Directors of the African Development Bank Group.

The Forum was initially scheduled to take place on 1st December to 3rd December, 2021, in Abidjan.

RelatedPosts

Mass Jail Sentences Deepen Tunisia’s Political Crisis

Trump’s Tariff Hits South Africa’s Exports Hard

Ruto Resignation Hoax Spreads As Protests Rock Kenya

The President of the African Development Bank Group noted that the impending investment forum will help Africa rake in billions of dollars from sponsors and investors.

“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.”

Dr. Akinwumi Adesina

Dr. Akinwumi Adesina bemoaned the decision taken to postpone Africa Investment Forum, but he was quick to admit that the health of every individual on the continent is paramount and as such, needs to be protected.

“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.”

Dr. Akinwumi Adesina

Dr Adesina further expressed the gratitude of the African Development Bank Group and the Government of Côte d’Ivoire to 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.”

Dr. Akinwumi Adesina

Dr Adesina added that 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.

The Africa Investment Forum, also referred to as “AIF 2021 Market Days” was scheduled to be held in a hybrid format featuring physical and virtual participation under the theme: “Accelerating Transformative Investments in Africa”. The event reflects the urgent need to attract greater inflows of private capital into business and investment across Africa, a need sharpened since the onset of the COVID-19 pandemic.

Opportunities to be showcased at the event were expected to drive Africa’s recovery from the COVID-19 pandemic.

A flagship initiative of the AfDB, the forum was launched in 2018 with seven other founding partners. They are: Africa 50, the Africa Finance Corporation, the African Export-Import Bank, the Development Bank of Southern Africa, the Trade and Development Bank, the European Investment Bank and the Islamic Development Bank. 

READ ALSO: Countries Suspend Foreign Travels In Response To Omicron Variant

Tags: AfDBDr. Akinwumi AdesinaOmicron Variant
Please login to join discussion
Previous Post

Countries Suspend Foreign Travels In Response To Omicron Variant

Next Post

Businesses express concern about the E-levy

Sign up for The Vaultz analytic wire

Get weekly news analysis from top editors at The Vaultz and stay informed on trending economic and business issues from across the globe.

Related Posts

Debby Reveals Professionalism Fuels Female Musicians
Entertainment

Debby Reveals Professionalism Fuels Female Musicians

July 9, 2025
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Africa

Mass Jail Sentences Deepen Tunisia’s Political Crisis

July 9, 2025
Mustapha Gbande, Party, President.
General News

Every NDC Member Is Better Off Today – Gbande

July 9, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Mass Casualty Incidents Besmirch Gaza’s Aid Struggle

July 9, 2025
GoldBod CEO Champions Value Addition in Mining
Extractives/Energy

Ghana Poised to Reap Big from Soaring Gold Prices

July 9, 2025
Hon. Haruna Iddrisu, Ghana's Minister for Education
General News

Ghana Moves to Overhaul Scholarship Regime with New Bill

July 9, 2025
Debby Reveals Professionalism Fuels Female Musicians
Entertainment

Debby Reveals Professionalism Fuels Female Musicians

by Esther Korantemaa OffeiJuly 9, 2025
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Africa

Mass Jail Sentences Deepen Tunisia’s Political Crisis

by Lawrence AnkutseJuly 9, 2025
Mustapha Gbande, Party, President.
General News

Every NDC Member Is Better Off Today – Gbande

by Silas Kafui AssemJuly 9, 2025
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
Asia

Mass Casualty Incidents Besmirch Gaza’s Aid Struggle

by Comfort AmpomaaJuly 9, 2025
GoldBod CEO Champions Value Addition in Mining
Extractives/Energy

Ghana Poised to Reap Big from Soaring Gold Prices

by Prince AgyapongJuly 9, 2025
Hon. Haruna Iddrisu, Ghana's Minister for Education
General News

Ghana Moves to Overhaul Scholarship Regime with New Bill

by Evans Junior OwuJuly 9, 2025
Debby Reveals Professionalism Fuels Female Musicians
Mass Jail Sentences Deepen Tunisia’s Political Crisis
Mustapha Gbande, Party, President.
Deadly Rush Confirms Fears About Gaza Humanitarian Foundation
GoldBod CEO Champions Value Addition in Mining
Hon. Haruna Iddrisu, Ghana's Minister for Education
[/vc_row_inner]

Recent News

  • Debby Reveals Professionalism Fuels Female Musicians
  • Mass Jail Sentences Deepen Tunisia’s Political Crisis
  • Every NDC Member Is Better Off Today – Gbande
  • Mass Casualty Incidents Besmirch Gaza’s Aid Struggle
  • Ghana Poised to Reap Big from Soaring Gold Prices
The Vaultz News

Copyright © 2021 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2021 The Vaultz News. All rights reserved.