AfDB: Adesina announces Entrepreneurship Banks for youths in Africa
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.
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.”
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.
You may be interested
#NigeriaAt60 : ”We must take tough decisions ‘together’ for Nigeria” — President Buhariadmin - October 1, 2020
President Muhammadu Buhari has stated the need for the government and all Nigerians to take tough decisions for Nigeria to…
Lovely new photos of actress, Regina Daniels with her hubby and their son, Muniradmin - October 1, 2020
Nollywood actress and mother of one, Regina Daniels took to her official Instagram page recently to share lovely photos of…
Police arrests youth for attempting suicide over unemployment, court grants him N200,000 bailadmin - October 1, 2020
An unemployed man identified as Solomon Okon, has reportedly been detained by the police for over a month for over…