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Akinwumi Adesina, President of the African Development Bank, has said while receiving Obafemi Awolowo Prize for Leadership in Nigeria's commercial capital, Lagos, on March 6, 2024.The award promotes the legacy and democratic ideals of the late Nigerian nationalist and federalist leader Chief Obafemi Awolowo.

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…

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The top 11 African countries projected to experience strong economic performance forecast are Niger (11.2%), Senegal (8.2%), Libya (7.9%), Rwanda (7.2%), Cote d'Ivoire (6.8%), Ethiopia (6.7%), Benin (6.4%), Djibouti (6.2%), Tanzania (6.1%), Togo (6%), and Uganda at 6%.

Africa 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…

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Giovanni Tria, an economist currently serving as Italy's Minister for Economy and Finance, says Africa has five investment advantages.

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…

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President Uhuru Kenyatta announced Kenya would double its current shareholding investment in Africa50 to US$100 Million

Infrastructure 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…

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Dr Akinwumi Adesina, President of African Development Bank ,called for a stronger partnership: a partnership for greater scale; a partnership to take technologies and innovations to hundreds of millions of farmers.

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…

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