Adesina charges Africa to prioritise peace-building as investment decision

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Amid rising concerns over instability across Africa and its impact on development efforts, the President of the African Development Bank , Dr Akinwumi Adesina, has made a call to action on prioritising investment decisions that focus....

“The Africa Resilience Forum is a call to action to work together and make a transition from policy dialogue to investment, and then from investment to impact and the institution has a strategy for addressing fragility, building resilience in Africa, the aim of which is to bring an end to, in particular, the ‘triangle of disaster’ – rural poverty, youth unemployment and environmental degradation,” he said.

The bank revealed its partnership with the African Union and the continent’s Regional Economic Communities to develop Security-Indexed Investment Bonds , which will require a minimum of $5 billion by 2030 as SIIBs offer a holistic investment strategy that combines peace-building and development expertise to offset the fiscal implications of high-security sector spending.

Amid rising concerns over instability across Africa and its impact on development efforts, the President of the African Development Bank , Dr Akinwumi Adesina, has made a call to action on prioritising investment decisions that focus.... Business activities improved marginally in September with the headline index moving from 50.2 to 51.1, the latest monthly Stanbic IBTC Bank’s Purchasing Managers’ Index data have said.

 

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