Abidjan: In an engaging seminar held during the Annual Meetings 2025, private-sector representatives from 40 African nations convened with officials from the African Development Bank to explore business opportunities and foster collaborative efforts.

According to African Press Organization, the seminar facilitated discussions on the Bank’s procurement plan, contractual policies, and procedures for accessing business opportunities. Participants were informed about procurement rules, integrity, and anti-corruption measures within the institution. Gauthier Boulard, Senior Director of Resource Mobilization and Partners at the African Development Bank, emphasized the necessity of a robust private sector for Africa’s development and encouraged participants to gain a better understanding of the Bank’s operations.

Aude Apetey-Kacou, Manager of Private Sector Operations for West Africa at the Bank, highlighted the Bank’s interest in urban transport projects, citing the need for further discussions to assess project structures, financing status, and study progress. The seminar also showcased innovative projects such as African social media platforms, biometric laboratories for cervical cancer prevention, satellite imagery, and the financing of small and medium-sized enterprises.

Boris Honkpehedji, Senior Manager of Private Sector Operations at the African Development Bank, reiterated the Bank’s commitment to the health sector while acknowledging the importance of other sectors. As of 31 December 2024, the Bank’s investment portfolio allocated 46% to the financial sector, 16% to energy, 15% to industry, 9% to transport, 9% to agriculture and social affairs, and 5% to multi-sector projects.