Browsing Tag

SelfInflicted

African Business Model: A Self-Inflicted Wound, Says AfDB Chief

Enhancing Africa's Economic Landscape: Insights from AfDB President Dr. Akinwumi Adesina In a recent statement via social media platform X, Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), captured the essence of Africa's economic dilemma with a poignant observation: “The export of raw materials is the door to poverty. The export of value-added products is the highway to wealth.” This simple yet profound assertion encapsulates a significant challenge facing African nations today. Consider the…

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