Interview

Adesina argues region not being assessed fairly, including by ratings agencies

Akinwumi Adesina, president of the African Development Bank, in his interview with Nikkei. (Photo by Kosuke Imamura)

SATOSHI SHIMODA, Nikkei senior staff writer

November 2, 2024 08:01 JST

TOKYO — Risk-averse Japanese investors should be more willing to buy into Africa and its growth potential, as China, Europe and other economies already have, Akinwumi Adesina, president of the African Development Bank, told Nikkei.

Given the continent’s abundance of critical minerals for green technology, and a fast-growing population that is poised to create a huge consumer market, “Japan needs to do more in Africa,” Adesina said.

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