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African Development

AfDB to invest $ 12b on Africa’s energy sector

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African Development Bank (AfDB) has said that it plans to invest the sum of $12billion to address the perennial energy crisis in Africa. AfDB President, Dr. Akinwunmi Adesina made this known to journalists in Lagos. According to him, the bank is investing the sum in the energy sector on the continent for the next five years […]

African Challenges to African Development

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The parlous story of African economic and social development since independence best expressed in the failure to achieve the autonomous capacity for self-actuated development and in particular to create conditions of national and continental modern mass production and prosperity is well known and need not be repeated. It is enough to re-state that Africa’s development […]