The African Development Bank (AfDB) is wet to establish the Youth Entrepreneurship Investment Bank for Nigeria which is part of its support for young people.
AfDB president Akinwunmi Adesina said this on Friday in Abuja while delivering a keynote address at the 90th Birthday Lecture of former Head of State Yakubu Gowon.
“I am delighted to announce here today that just three days ago, the African Development Bank’s board of directors approved $100m for the establishment of the Youth Entrepreneurship Investment Bank for Nigeria,” he said.
Adesina said the move underscores AfDB’s resolve to support youths who he believes are critical to the development of the country.
According to him, the bank will support youths technically and otherwise.