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Nairobi is ranked the most attractive city for foreign direct investment (FDI) in Africa but North African cities and Johannesburg dominate the continent in an interesting PwC report, highlighting 20 African cities, because cities are the engine of growth worldwide and particularly in Africa.
Africa’s top lending institution the African Development Bank (AfDB) has announced that it will start moving its headquarters and 1,500 employees from Tunisia to Ivory Coast, with first staff to move this year.
The African Development Bank is playing its role in Africa with skill and is getting more backing from its principal shareholders because of its successes as an African institution. Moving back to Cote d’Ivoire is also on the agenda.