Tag: Akinwumi Adesina
Employ Welfarist Policies and People-Centred Development in Tackling Poverty
By Abdi Ali Published March 11, 2024 Given the high levels of poverty in Africa, what is needed are welfarist policies that exponentially expand opportunities for all, reduce inequalities and improve the quality of life of people. Akinwumi Adesina, President of the African Development Bank, has said this while receiving…
Read MoreAfrica Dominates List of World’s 20 Fastest-Growing Economies
By African Development Bank Published February 20, 2024 Africa will account for 11 of the world’s 20 fastest-growing economies in 2024. Overall, real gross domestic product (GDP) growth for the continent is expected to average 3.8% and 4.2% in 2024 and 2025, respectively. This is higher than projected global averages…
Read MoreAfrica 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…
Read MoreInfrastructure Key in Driving Africa’s Growth Agenda
By Irene Gaitirira Published August 14, 2018 Developing bankable infrastructure projects is not only key in driving Africa’s growth agenda but also provides unprecedented opportunities for private sector participation. Saying public funding is limited, President Uhuru Kenyatta of Kenya invites to help African governments in closing what he refers to…
Read MoreWhy 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…
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