By Paul Dada Former Mauritania’s Minister of Economy and Finance, Dr. Sidi Ould Tah, was on Thursday, elected to take over as the 9th President of the African Development Bank (AfDB) Group. The former Director-General of the Arab Bank for Economic Development in Africa (BADEA) will take over in September fromNigeria’s Akinwumi Adesina, who has…
The president of the African Development Bank (AfDB), Dr. Akinwumi Adesina, has criticised the tokenistic empowerment schemes offered to African youths, urging instead for substantial capital investment to unlock the continent’s vast youth potential. In a compelling interview on Channels Television’s Sunrise Daily on Thursday, April 10, Adesina described Africa’s youth bulge as a “demographic…
Al least $2.4 trillion is being lost annually in terms of annual Gross Domestic Product, GDP, to seeking medical care abroad. From this amount, Nigeria loses $1billion monthly. The Head, African Development Bank, AfDB, Mission to Nigeria, Mr. Babatunde Omilani, disclosed this when he led a delegation on a courtesy visit to Lagos State Governor,…
Dr Akinwumi Adesina, the President, African Development Bank Group, has proposed “The United States of Nigeria” as a new name to replace the Federal Republic of Nigeria. Adesina made this call in a statement by his Special Adviser on Industrialisation, Prof. Banji Oyelaran-Oyeyinka, made available to newsmen on Saturday. Adesina was made the appeal in a…
