The AFDDB is providing $134 million to achieve this, according to its president, Akinwunmi Adesina.
Mr Adesina noted that the projects could address Nigeria’s foreign exchange deficits and save about $9 billion yearly from petroleum products imports.
“Now that Omicron has been found in many non-African and developed countries, why are travels from those countries not banned? Why single out African countries?”
“This summit is aimed at bringing together key actors in the global agribusiness space to showcase their potential for agribusiness investments.”
“The impact of COVID-19 on government resources is huge, and we need to mobilise more private resources to help African countries build back stronger.”
The AfDB had approved its ‘Job for Youth in Africa Strategy’ to help create 25 million direct and indirect jobs and empower 50 million youth over 10 years.
“We are also reconvening the Technology and Creativity Advisory Council, made up of public and private sector stakeholders, to advise the government on policies.”
“Terrorism is shrinking Africa’s investment space.”