AfDB: Adesina announces Entrepreneurship Banks for youths in Africa



Akinwunmi Adesina reacts to re-election as AFDB president

Akinwumi Adesina, President of African Development Bank (AfDB), on Tuesday disclosed the institution’s plan to establish Youth Entrepreneurship Investment Banks.

This was contained in his inaugural speech during his swearing-in on Tuesday in Abidjan, Côte d’Ivoire.

READ  Chinese loans: Buhari govt has mortgaged future of Nigerians, youths must takeover – Pat Utomi’s group, NCF

He expressed confidence that the banks would help to mobilise and deploy capital to drive the entrepreneurship.

“The shadows of youth unemployment and migration out of Africa must give way to a glowing light of successful youth-driven businesses across Africa.”

READ  Abia moving like train without engine – APC Chieftain

Adesina said youths must stay in Africa and develop the continent.

He assured that technology would be scaled up technologies to reach tens of millions of farmers.

The AfDB President added that special attention would be given to regional industrial value chains and the strengthening of financial markets.

READ  Bandits kill soldiers, vigilante in Yakila, Niger State



Share this post with your Friends on




About admin 3321 Articles
Naijamediamp3 Is Owned And Launched By Oyetoro Jeremiah A.K.A Jayking; Jayking is a passionate Writer, Online Promoter and a Website Developer, who loves to talk about things exactly as they are
No Comments Yet Drop a Comment

Drop your Comment