AfDB postpones 2021 Africa Investment Forum over new variant outbreak of COVID-19

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Grace Cofie

The Africa Development Bank has postponed the 2021 Africa Investment Forum due to the recent outbreak of the Omicron variant of the COVID-19 virus.

The AfDB made the announcement in a statement on its website on Monday.

The event was scheduled to hold from December 1-3, 2021 and was to be hosted by the Ivory Coast Government in Abidjan.

In a statement, the AfDB President, Akinwumi Adesina, noted that the event presented the opportunity for countries and investors to seek business opportunities.

However, he stated that the health and safety of attendees was of utmost importance.

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.”

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