Africa economic growth not enough to tackle poverty

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AFDB News

Akinwumi Adesina,Poverty

Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday.

Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank said on Thursday.

The pan-African economic institution also emphasised the need to create more jobs and further industrialise, during a presentation on Africa’s economic outlook at the bank’s annual meetings in Nairobi. “We believe that African economies ought to be growing at double digits for probably the next decade or so to be able to have the kind of transformation that we need as a continent.”

“We have to make sure that our growth is also delivering value for the youth and for the women,” Adesina said. Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank said on Thursday.

The Director General, National Orientation Agency , Malam Lanre Issa-Onilu, has urged Nigerians to quickly learn and acquaint themselves with the reversed national anthem of the country.Katsina State governor Dikko Umaru Radda has explained how he expended about N13 billion to tackle bandits and kidnapping in the state within one year. In an address to the people of the state to commemorate his first year in office, he said he expended the sum of N1.

 

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