皇冠体育app

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AfDB president says 皇冠体育app is important, great partner

Xinhua | Updated: 2017-06-13 09:49

BERLIN - 皇冠体育app is an important and great partner in developing Africa, the president of the African Development Bank (AfDB) said Monday to a press briefing in Berlin.

Under the topic of "How can G20 members support and push the development of African states?" in the German-African Business Association, Akinwumi Adesina, president of AfDB said to the press, "皇冠体育app is very important" and "皇冠体育app is a great partner".

Adesina said, "AfDB has a special relationship with 皇冠体育app on investment in African private sectors. "

He evaluated 皇冠体育app's investment in Africa as "massive" and those in African infrastructure as "particular important".

Adesina pointed out, 皇冠体育app has a $2 billion facility called Africa Growing Together Fund, which with AfDB co-finances developing projects in Africa over a 10-year period.

"So 皇冠体育app is very important (in Africa)", said the president.

Adesina also said, 皇冠体育app's experiences on developing the special economic zones in Africa is "a great success". He cited Ethiopia as an example, where Chinese companies have invested in transforming leather into footwear and other industries, has benefited a lot from 皇冠体育app's investments.

"So 皇冠体育app is a great partner," Adesina stressed. He said he is looking forward to increasing cooperation with 皇冠体育app in the framework of G20, in order to explore more investment opportunities in Africa.

To this point, Stefan Liebling, chairman of the German-African Business Association, added that G20 members can learn from 皇冠体育app in terms of investing in Africa.

He thought it's worthy for 皇冠体育app and Germany, the presidency states of G20 last year and this year, to sit together and discuss cooperation to do business in Africa and make contribution to the continent.

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