Akinwumi Adesina, president of the African Development Bank (AfDB), says Africa will be the biggest economic miracle in the world when it wakes up to its potential.
Adesina was speaking on Saturday at the Inspiration Conference 2020 of the Redeemer’s Men Fellowship (Lagos region).
The conference was themed ‘Galvanised for Geometric Growth’.
“They are seeing an Africa that will soon become the size of China and India combined.
“When China woke up, the world changed. When Africa finally wakes up, it will be the biggest economic miracle we have ever seen.”
Adesina said the opportunities available in Africa are responsible for the surge in summits such as UK-Africa summit, Japan-Africa Summit, Russia-Africa summit and China-Africa summit.
The AfDB president said foreign direct investment and economic growth in Africa is growing at its fastest.
He said the AfDB had been supporting the growth of African countries, disclosing that a $500 million facility would soon be released to Nigeria for ICT and start-up companies.
Adesina urged the government to find a solution to the issue of unemployment in the country, noting that Nigerian youths were the future of the nation’s prosperity.
