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Africa open for business, Tinubu tells IFC delegation

President Bola Tinubu says Africa is a fertile ground for investment and as such international development financiers should consider more strategic investments in agriculture, infrastructure, research, and development on the continent.

He said this on Thursday when he received a delegation from the International Finance Corporation (IFC), a member of the World Bank Group, at the Presidential Villa in Abuja.

“The IFC and the World Bank need to see Africa differently. I am glad an African is at the helm of affairs at IFC, and as an African, understands that the potential for growth, peace, stability, and prosperity is here,” he told the delegation led by IFC’s Managing Director Makhtar Diop.

“The world has to see us as a continent that can help the rest of the world, and not perceive us as backwards, unstable, and with leadership problems.

“The expectations of the rest of the world on Africa have to change. By looking at Africa as a potential opportunity and not a danger to the rest of the free world, we can stimulate growth and propel inclusiveness.

“You are at the helm now and in a position to change the perception. We are ready to change the narrative and work with you. Africa is open for business, regardless of whatever the perception may be.

“I am an African and proud to be and will maintain the strong position to collaborate with the rest of the world to see Africa as a destination for growth and prosperity.”

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