Economy & Policy

Adesina: Nigeria Must Invest in Young Entrepreneurs

Former African Development Bank president Akinwumi Adesina says Nigeria must invest in young entrepreneurs to secure its economic future.

By Grace Kim

1 min read

Updated

Nigeria must invest in young entrepreneurs — Ex-AfDB president Adesina - Punch Newspapers
Nigeria must invest in young entrepreneurs — Ex-AfDB president Adesina - Punch NewspapersAI-generated

What's News

  • Former AfDB president Akinwumi Adesina says Nigeria must invest in young entrepreneurs.
  • The call was reported by Punch Newspapers.
  • Adesina previously led the African Development Bank, Africa's premier multilateral lender.

By Grace Kim

Former African Development Bank president Akinwumi Adesina says Nigeria must invest in its young entrepreneurs, according to Punch Newspapers.

That's the core of his message: the country's economic future depends on backing the businesses its young people are already trying to build.

Adesina speaks with institutional weight. He led the African Development Bank — the continent's premier multilateral lender — before exiting the presidency, and his public statements on African economic policy routinely draw attention from investors and policymakers alike.

What is Adesina actually calling for?

His position, as reported by Punch, is direct: Nigeria should channel investment into young entrepreneurs. He's framing youth enterprise not as a social program but as an economic necessity.

The argument lands at a moment when Nigeria's young population is one of its most cited assets — and one of its least capitalized.

The takeaway in plain words: Adesina wants money moved toward young founders, and he's using his platform to say so publicly.

Why does the messenger matter?

A former AfDB president carries credibility on development finance that few Nigerian voices can match. When someone who ran the region's biggest development bank says youth entrepreneurship deserves investment, lenders and governments tend to listen.

The one-line closer: Nigeria has the young founders; Adesina is demanding the capital follow.

Source: GN: Entrepreneurship

Share this article:

More from Grace Kim

Grace Kim

Show full bio

Market editor covering people, launches and day-to-day practice in entrepreneurship, startups and venture funding at Business Bearings.

736 articles

Related articles

« Previous article