Attracting Capital to Africa
James D. Wolfensohn, President of the World Bank Group, stated unequivocal financial commitment to and belief in Africa’s future. Africa is not without its problems. He noted that 200 million people live in poverty, earning under a dollar a day. The Bank is investing at the rate of nearly $3 billion...
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/2015/11/25252096/luncheon-remarks-made-working-conference-private-sector-senior-executives-african-decision-makers-james-d-wolfensohn-president http://hdl.handle.net/10986/26152 |
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okr-10986-261522021-04-23T14:04:20Z Attracting Capital to Africa Wolfensohn, James D. JUDICIAL SYSTEM INSURANCE JUSTICE SLUMS EQUITY INVESTORS INTERNATIONAL FINANCE LEGAL SYSTEMS GOOD SECURITY TECHNICAL ASSISTANCE EDUCATION CORPORATION GLOBAL ECONOMY INVESTMENT RISK INVESTMENT CLIMATE POVERTY JUDICIAL SYSTEMS FINANCE CORPORATION FUTURE INTEREST BANK GOVERNMENT CIVIL SOCIETY PARTNERSHIP INVESTMENTS SOCIETY LEADERSHIP TRUST CAPACITY BUILDING BILATERAL INSTITUTIONS INVESTMENT OPPORTUNITIES GOVERNMENTS DOMESTIC INVESTORS INTERNATIONAL INVESTORS FINANCE MINISTERS DIRECTORS INFRASTRUCTURE UNIVERSITIES BANKS INVESTING James D. Wolfensohn, President of the World Bank Group, stated unequivocal financial commitment to and belief in Africa’s future. Africa is not without its problems. He noted that 200 million people live in poverty, earning under a dollar a day. The Bank is investing at the rate of nearly $3 billion a year on top of the $17 billion already put into the region. There has been a real change in the investment climate not only for international investors but also for domestic investors. It is in partnership with the private sector that Africa finds a profound opportunity to change the continent. We can help through the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) to provide assistance with financing and insurance against risk. The Bank is very keen to play part in assisting the flow of private sector funding. We see that Africa wants to succeed and is being led by people who want to lead their countries to success. Their optimism will be fulfilled only if there is a real partnership. 2017-02-23T20:15:15Z 2017-02-23T20:15:15Z 1997-04-21 Speech http://documents.worldbank.org/curated/en/2015/11/25252096/luncheon-remarks-made-working-conference-private-sector-senior-executives-african-decision-makers-james-d-wolfensohn-president http://hdl.handle.net/10986/26152 English en_US Address at the Corporate Council on Africa, Washington, DC, April 21, 1997; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Speech Africa Sub-Saharan Africa United States |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
JUDICIAL SYSTEM INSURANCE JUSTICE SLUMS EQUITY INVESTORS INTERNATIONAL FINANCE LEGAL SYSTEMS GOOD SECURITY TECHNICAL ASSISTANCE EDUCATION CORPORATION GLOBAL ECONOMY INVESTMENT RISK INVESTMENT CLIMATE POVERTY JUDICIAL SYSTEMS FINANCE CORPORATION FUTURE INTEREST BANK GOVERNMENT CIVIL SOCIETY PARTNERSHIP INVESTMENTS SOCIETY LEADERSHIP TRUST CAPACITY BUILDING BILATERAL INSTITUTIONS INVESTMENT OPPORTUNITIES GOVERNMENTS DOMESTIC INVESTORS INTERNATIONAL INVESTORS FINANCE MINISTERS DIRECTORS INFRASTRUCTURE UNIVERSITIES BANKS INVESTING |
| spellingShingle |
JUDICIAL SYSTEM INSURANCE JUSTICE SLUMS EQUITY INVESTORS INTERNATIONAL FINANCE LEGAL SYSTEMS GOOD SECURITY TECHNICAL ASSISTANCE EDUCATION CORPORATION GLOBAL ECONOMY INVESTMENT RISK INVESTMENT CLIMATE POVERTY JUDICIAL SYSTEMS FINANCE CORPORATION FUTURE INTEREST BANK GOVERNMENT CIVIL SOCIETY PARTNERSHIP INVESTMENTS SOCIETY LEADERSHIP TRUST CAPACITY BUILDING BILATERAL INSTITUTIONS INVESTMENT OPPORTUNITIES GOVERNMENTS DOMESTIC INVESTORS INTERNATIONAL INVESTORS FINANCE MINISTERS DIRECTORS INFRASTRUCTURE UNIVERSITIES BANKS INVESTING Wolfensohn, James D. Attracting Capital to Africa |
| geographic_facet |
Africa Sub-Saharan Africa United States |
| relation |
Address at the Corporate Council on Africa, Washington, DC, April 21, 1997; |
| description |
James D. Wolfensohn, President of the World Bank Group, stated unequivocal financial commitment to and belief in Africa’s future. Africa is not without its problems. He noted that 200 million people live in poverty, earning under a dollar a day. The Bank is investing at the rate of nearly $3 billion a year on top of the $17 billion already put into the region. There has been a real change in the investment climate not only for international investors but also for domestic investors. It is in partnership with the private sector that Africa finds a profound opportunity to change the continent. We can help through the International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA) to provide assistance with financing and insurance against risk. The Bank is very keen to play part in assisting the flow of private sector funding. We see that Africa wants to succeed and is being led by people who want to lead their countries to success. Their optimism will be fulfilled only if there is a real partnership. |
| format |
Speech |
| author |
Wolfensohn, James D. |
| author_facet |
Wolfensohn, James D. |
| author_sort |
Wolfensohn, James D. |
| title |
Attracting Capital to Africa |
| title_short |
Attracting Capital to Africa |
| title_full |
Attracting Capital to Africa |
| title_fullStr |
Attracting Capital to Africa |
| title_full_unstemmed |
Attracting Capital to Africa |
| title_sort |
attracting capital to africa |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/2015/11/25252096/luncheon-remarks-made-working-conference-private-sector-senior-executives-african-decision-makers-james-d-wolfensohn-president http://hdl.handle.net/10986/26152 |
| _version_ |
1764456149453635584 |