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Lecture By Dr. Akinwumi A. Adesina, President, African Development Bank Group On the occasion of the 90th Birthday of H.E. General Yakubu Gowon (rtd.), former Head of State & Commander In Chief of the Armed Forces of the Federal Republic of Nigeria

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: public finances and debt, development and emerging economies, growth, investment and productivity, labour markets and jobs

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· Akinwumi Adesina Wiki · African Development Bank Group WikiLecture By Dr. Akinwumi A. Adesina, President, African Development Bank Group On the occasion of the 90th Birthday of H.E. General Yakubu Gowon (rtd.), former Head of State & Commander In Chief of the Armed Forces of the Federal Republic of Nigeria

ContextLecture in Nigeria marking the 90th birthday of former head of state Yakubu Gowon; the African Development Bank finances Africa's development and promotes regional integration.

Why it mattersThe lecture proposes youth entrepreneurship investment banks to finance Nigeria's young people.

Problems raised
  1. Nigeria's young people lack jobs and finance.
  2. Banks see lending to youth businesses as too risky.
  3. National unity and development need stronger foundations.
Solutions proposed
  1. Create youth entrepreneurship investment banks.
  2. Use guarantees to de-risk lending to young entrepreneurs.
  3. Invest equity and debt in youth businesses with technical support.
Read full speech on afdb.org ↗

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