Tag: African Development Bank
Africa New World Investment Frontier
By Abdi Ali Published December 7, 2018 With Africa currently home to five of the world’s fastest growing economies, is a continent of great opportunities. RELATED:Hospitality Company Focuses on Sustainable Travel and Tourism in Africa Giovanni Tria, an economist currently serving as Italy’s Minister for Economy and Finance, says the mother continent has five investment…
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Why Investing in African Agriculture Makes Economic Sense
By Irene Gaitirira Published February 23, 2018 Though agriculture in Africa has traditionally been associated with pain, penury, and poverty, it is a huge wealth-creating sector that is primed to unleash new economic opportunities that will lift hundreds of millions of people out of poverty. Akinwumi Adesina, President of the African Development Bank (AfDB), said this…
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Agriculture Could Solve Africa’s Youth Unemployment Problem
By Irene Gaitirira Published November 23, 2017 Only three-out-of-11 young people entering the job market in Africa every year end up in formal jobs in a continent whose youthful population (15-35 years) is estimated to number 420 million. But did you know that agribusiness could provide a remedy to the problem of youth employment across…
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Mechanised Agriculture Key to Food Security in Africa
By Khalifa Hemed Published October 30, 2017 Though Africa sits on 65% of the uncultivated arable land left in the world, it is the only region of the world where the number of people who face food insecurity has increased, 300 million more people are malnourished and the continent shall spend US$110 billion to import…
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