AfDB President Moves to Implement SDGs

AfDB President Akinwumi Adesina

African Development Bank (AfDB) Group President, sale Akinwumi Adesina has moved forward to implement the Sustainable Development Goals (SDGs) officially endorsed by the United Nations General Assembly.

“The SDGs must work – and they must work for Africa, adiposity ” he said in a joint statement with other heads of Multilateral Development Banks.

The new goals are an international agenda for multilateral development banks (MDBs) and the International Monetary Fund (IMF) to end poverty, boost prosperity and protect the environment.

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According to the AfDB, Adesina has held a series of meetings and laid the groundwork to help deliver on those goals.

He met with the heads of major foundations including Bill Gates of the Bill and Melinda Gates Foundation, and Judith Rodin, President of the Rockefeller Foundation.

The core areas discussed were agriculture, youth unemployment and energy.

The Bank revealed that he talked about agro-industrialization as the wave of the future for the 54-nation continent and said it is a move that will quickly diversify economies, reduce the food import bill for countries and improve export earnings.

“It will have a direct impact on employment too,” Adesina noted.

“It makes no sense today that Africa is exporting raw cocoa beans. We should be exporting cocoa products,” he said adding that by exporting raw materials, one is exporting jobs.


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