The Africa Center recently had the pleasure of hosting Mr. Admassu Tadesse, president and CEO of the Eastern and Southern African Trade and Development Bank (TDB), and Mr. Morten Elkjær, vice president for the financial sector and business development at the Investment Fund for Developing Countries (IFU), to discuss de-risking and transforming institutional capital into greater impact in Africa for attractive returns. Mr. Tadesse and Mr. Elkjær both spoke to how development finance institutions such as their own mobilize capital in African markets and what innovations are currently being made in this space.
Watch the full interview, moderated by Africa Center Senior Fellow Aubrey Hruby, below.
Event Recap Jun 14, 2021
No longer neglected: DAS Cook forecasts more robust engagement with Africa under the Biden administration
By Africa Center
Speaking at an Atlantic Council event as part of the Africa Center’s African Conversations Series hosted by Africa Center Director Amb. Rama Yade, Deputy Assistant Secretary of State for African Affairs Ms. Akunna Cook promised a turnaround in US-Africa relations under the Biden administration, avoiding the “neglect” shown in recent years and in contrast embracing African nations as partners across critical global challenges.
Report May 14, 2021
Growing green: Catalyzing climate finance in African markets
By Emilie Bel
While African countries are the most impacted by the effects of climate change, the continent is home to an abundance of natural resources and vibrant economic prospects. To face the climate emergency, overcome the economic shock of COVID-19, and ensure that African economic development is sustainable, growth can only be green. However, tapping into Africa’s vast potential will require mobilizing billions in investment for infrastructure.
The Africa Center works to promote dynamic geopolitical partnerships with African states and to redirect US and European policy priorities toward strengthening security and bolstering economic growth and prosperity on the continent.