Wednesday, November 26, 2025

Resource-rich Africa has no excuse to remain poor, says African Development Bank president

With $6.2 trillion worth of natural resources, 65 percent of the world’s uncultivated arable land, and a vibrant youth population, Africa has no excuse to be poor, African Development Bank Group President Dr Akinwumi Adesina said on Tuesday.

He said the continent must look inward urgently to solve its many challenges and urged citizens to hold governments accountable for poverty.  

The Bank President made the call in Lagos where he delivered a lecture to mark the 40th anniversary of The Guardian, Nigeria’s foremost independent newspaper. The lecture was held under the theme, For the World to Respect Africa.

Adesina, who won The Guardian’s ‘Man of the Year’ Award in 2021, stressed that Africa should not be where it is today and urged its resource-rich nations to strengthen good governance, transparency, accountability, and sound management policies to turn things around.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

ChildFund Empowering Youth for Environmental Sustainability

ChildFund Ethiopia is a non-governmental organization dedicated to the...

ኢትዮጵያ ውስጥ በተከሰተ የእሳተ ገሞራ ፍንዳታ ሳቢያ የሕንድ በረራዎች ተሰረዙ

በአፋር ክልል ኤርታሌ አቅራቢያ በ10 ሺህ ዓመታት ውስጥ ለመጀመሪያ...

Tender Notice

The Office of the United Nations High Commissioner for...

REQUEST FOR EXPRESSION OF INTEREST (EOI)

Title of the EOI: The Provision of Asphalt Roads and...

Vacancy Announcement

November 21, 2025 Nib Insurance Company (S.Co) invites competent and...

About Every ones World

EveryonesWorld is a small leadership development and human-systems organization....

ChildFund Empowering Youth for Climate Action

ChildFund Ethiopia is a non-governmental organization dedicated to the...
spot_img

Related Articles

Popular Categories

spot_imgspot_img