Search
Close this search box.

[2019 Sunhak Peace Prize Laureate] I do not want Africa to be a museum of poverty

[2019 Sunhak Peace Prize Laureate] I do not want Africa to be a museum of poverty
Dr. Akinwumi Adesina, the President of African Development Bank

If you take a look at Africa today, five of the fastest growing economies in the world, are in Africa. If you take a look at the youngest population in the world, it’s in Africa. 
If you look at the foreign direct investment of Africa, in 2010, it only 10 billion dollars. Look at it, last year, 50 billion dollars. If you look at the consumer expenditures, how people are spending money, by 2030 in Africa, it will reach 23.5 trillion dollars. 
As a banker, I look at economic figures, and many people don’t realize that Africa today, you have 17 African countries that are growing at above 5%, in terms of GDP growth. That is remarkable. And you have another 21 that are growing between 3~5%.
So, Africa is resilient, Africa has a lot of riches. But, I do not want Africa to be a museum of poverty. I want Africa to be a land of prosperity. 
To see more videos related to Sunhak Peace Prize, please visit the link below:

Table of Contents

Trending

Test

Ban ki-moon

Former UN Secretary-General Ban Ki-moon highlights the urgent necessity of boosting climate adaptation financing in Africa In a recent article published by The Guardian, Ban

Adesina

At the recent Africa Climate Summit in Nairobi, Akinwumi Adesina emphasized the necessity of recalibrating Africa’s GDP to reflect the continent’s vast natural resources and

Regina Honu

Discover Regina Honu’s mission to close Ghana’s digital gender gap, empowering thousands of women through Soronko Academy. Bridging the Gender Gap Regina Honu is bridging

Boyan Slate

Explore Boyan Slat’s revolutionary efforts to combat marine debris. At just 18, he initiated a global movement to cleanse our oceans, turning an ambitious idea

mohammed rezwan

Discover how Mohammed Rezwan, a visionary architect in Bangladesh, is revolutionizing education and community development amidst the severe challenges of climate change. Through the creation

Laureate News

August 24, 2022The Royal Society Researchers, technicians, students and support staff responsible for the development of the Oxford-AstraZeneca vaccine have been awarded the Royal Society’s Copley

August 23, 2022World Health Organization A total of 100 000 doses of the Janssen COVID-19 vaccine (Jcovden) were delivered to Ukraine this month under the

The Elders stress neutrality on Ukraine cannot be an option following Kyiv visit

The Elders stress neutrality on Ukraine cannot be an option following Kyiv visit August 17, 2022The Elders Link to the original articlehttps://theelders.org/news/elders-stress-neutrality-ukraine-cannot-be-option-following-kyiv-visit Statement: The Elders call

African Development Bank to Deliver Certified Wheat, Seeds to 20m Farmers – Adesina August 10, 2022Blueprint President, African Development Bank (AfDB) Dr Akinwumi Adesina says the

15 November 2021 The Guardian The Kiribati government has announced it will open up one of the world’s largest marine protected areas to commercial fishing,

<Ban Ki-moon> Crises tend to bring out some of the best and the worst in us. We have watched in awe and admiration as health

On Key

Related Posts