25/09/2020
IMMEDIATE PRESS RELEASE
WBAF announces new Global Board Member: African Development Bank (AfDB)
African Development Bank named to the board of the World Business Angels Investment Forum
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African Development Bank named to the board of World Business Angels Investment Forum: In this capacity the Bank will represent Africa’s early-stage equity markets, entrepreneurship and startup ecosystems, small and medium enterprises and high-growth businesses, angel investors, and private equity funds. Dr Abdu Mukhtar, the Bank’s Director of Industrial and Trade Development says ‘’I am sure WBAF and AfDB will create a great impact in the startup, angel investment and SME markets of Africa. The ultimate goal is to produce more jobs and social justice in Africa.”
World Business Angels Investment Forum has 4 country offices in Africa; Ghana, Nigeria, Sudan and Tanzania.
The African Development Bank has 81 shareholders: fifty-four regional member countries and 27 non-African countries. As of November 2019, the bank had a capital base of $208 billion.
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http://angel-investor.review/wbaf-announces-new-global-board-member-african-development-bank-afdb/