By Idris Abdulrahman
Dr Akinwumi Adesina, President of the African Development Bank (AfDB) says the bank will invest 35 billion dollars in the next 10 years to support industrialisation in Africa .
Adesina disclosed this on Monday at a breakfast meeting for newsmen at the bank’s Annual Meeting in Busan, South Korea.
He urged African countries to add value to their products in all sectors for rapid industrialisation of the continent.
He said Africa was greatly endowed with natural resources such as gas, oil and agricultural and mineral products that needed to be tapped for exports.
“Africa needs to create jobs, add values to products for export because no nation achieves industrialisation by exporting raw material s,” he said.
Adesina expressed the belief that Africa’s surest way to economic growth was through agricultural industrialisation.
The president said African countries needed to create jobs, wealth…
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