Govt must play key roles, says Adesina – Punch Newspapers

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Niyi Odebode, Abuja

The President, African Development Bank, Dr. Akinwumi Adesina, has advised governments on the continent to create the right environment for an industrial revolution.

Adesina, according to a statement by the AfDB, gave the advice at the 53rd meeting of the bank in Busan, Korea, on Monday.

The AfDB president said African governments should create the right environment for the private sector to lead the continent’s industrial revolution.

“Korea’s example is incredible. Korea was as poor as any African country in the 1960s with a low per capital income. Today, thanks to the determination of its people and its commitment to industrialisation, Korea is the 11th biggest economy in the world, an example that Africa should learn from,” he stated.

Adesina, spoke at a media breakfast, focused on the theme of the 2018 annual meeting: ‘Accelerating Africa’s…



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