The Interview
Akinwumi Adesina: Africa rising?
Jun 17, 2024
Akinwumi Adesina, President of the African Development Bank, discusses the need for international financial backing to boost Africa's economy. Topics include economic growth prospects, challenges like debt and climate change, anti-corruption efforts, climate financing, clean energy initiatives, attracting investments, and creating partnerships for Africa's development.
22:56
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Quick takeaways
- Africa has potential for economic growth despite challenges like high debt levels and youth unemployment.
- African Development Bank prioritizes climate adaptation efforts with a focus on doubling climate finance and supporting vulnerable countries.
Deep dives
The Transformation of Africa by the African Development Bank
Akinwumi Adeshina, the head of the African Development Bank, envisions Africa as a global economic powerhouse with renewable energy sources and a young population integrated into global trade networks. Despite current challenges like high debt levels and youth unemployment, Africa's economic growth rates surpass the global average, offering immense potential for development and transformation. Adeshina emphasizes the importance of partnerships and investments to support Africa's sustainable growth and address pressing social and economic issues.
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