By Charles EbiAfrican Development Bank Group ,AfDB, and Mr Michael Bloomberg, founder of Bloomberg, have formed a new partnership to mobilise private sector investment across the African continent into areas that will boost jobs and development. This was announced jointly by Mr Bloomberg, founder of Bloomberg L.P. and Bloomberg Philanthropies and Chair of GFANZ and Mr Sidi Ould Tah, AfDB President, during the Bloomberg Philanthropies Global Forum, held on the sidelines of the eightieth UN General Assembly in New York recently. Under the new partnership, the two leaders will convene major private financial institutions with the AfDB to mobilise significantly greater flows of private capital for Africa’s growth and resilience. Together we will consolidate our strengths for mobilizing private sector resources and unleashing investments at scale for Africa’s development”. On his part, Mr Bloomberg said, “Africa has enormous opportunities for economic growth and innovation, and this new partnership with the African Development Bank will help to unlock more of it by reducing barriers to private investment”.