Bloomberg, AfDB Start Initiative to Attract Investment in Africa

Sidi Ould Tah, president of the African Development Bank, during the Bloomberg Philanthropies 2025 Global Business Forum in New York on Sept. 24, 2025.

Photographer: Michael Nagle/Bloomberg

Michael Bloomberg and the African Development Bank have launched a partnership aimed at attracting more private sector investment on the continent.

The goal is to work with companies and investors across the world to raise more awareness about the opportunities in Africa and help the AfDB — the continent’s main multilateral lender — channel more money into areas that will boost jobs and development.