The realities brought about by the COVID-19 pandemic means, Africa has to re-strategize to meet its development needs. As the African Development Bank enters a new chapter with the re-election and swearing-in of Dr Akinwunmi Adesina, Martin Fregene, AfDB’s Director for Agriculture and Agro-Industry joins CNBC Africa to discuss what this means for the bank’s agriculture strategy for Africa.
The swearing-in ceremony for the newly re-elected President of the African Development Bank, Akinwumi Adesina has been concluded in Abidjan Cote div’oire. Chamberlain Peterside, CEO of Xcellon Capital Advisors joins CNBC Africa to examine Nigeria’s economic prospects and the role of development banks in building resilient economies on the continent.
Following the re-election of Dr Akinwumi Adesina as the President of the African Development Bank, he has emphasised that his second administration will build on the strong foundations of success in the past five years. Ambassador Harold Doley, First-ever United States Representative to the AfDB joins CNBC Africa’s Kenneth Igbomor to discuss what Adesina’s re-election means for AFDB’s future.
Following his re-election with a hundred per cent votes Akinwumi Adesina will now serve as President of the African Development Bank for another five years. Amadou Hott, a Governor of the African Development Bank Representing Senegal joins CNBC Africa’s Kenneth Igbomor to discuss what next five years in office will mean for Africa's development.
One of the expected outcomes of the African Continental Free Trade Agreement is to integrate African economies and therefore create a regional economic bloc of about $3.4 trillion. Moono Mupotola, Director for Regional Integration at the African Development Bank joins CNBC Africa’s Kenneth Igbomor to discuss how Africa can integrate its markets to take full advantage of the AfCFTA in post-COVID-19.
The African Development Bank says for African countries to prepare for a post-COVID–19 world and greatly increase their resilience, governments should address structural bottlenecks that make the continent more vulnerable to future shocks. Kevin Urama, the AfDB’s Senior Director for African Development Institute joins CNBC Africa’s Kenneth Igbomor to discuss how African economies can come out better post-Covid-19.
The African Development Bank through its Industrialization Strategy for Africa looks to double the continent’s Industrial GDP over the next decade. To achieve this goal, the AfDB defined six flagship programs under the industrialization strategy. Solomon Quaynor, the AFDB’s Vice President for the Private Sector, Infrastructure and Industrialization joins me to discuss some wins from the strategy so far and how Africa can rethink its industrialization targets post-COVID-19.
Business and economic success depend much more than is commonly acknowledged on getting the narrative right. And if there is a narrative where getting it right or wrong matters hugely, it is the narrative about Africa’s industrial development.
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