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AfDB sets aside $25bn for Agriculture in Africa

AfDB sets aside $25bn for Agriculture in Africa

The African Development Bank (AfDB), says it is currently investing 25 billion dollars to help make agriculture and agribusiness Africa’s biggest industry.

The statement by the bank’s Communication and External Relations Department on Thursday, said the AfDB’s president, Dr. Akinwumi Adesina made the disclosure at the ongoing Tokyo International Conference of African Development (TICAD) in Japan.

Adesina said the reason was not far-fetched and predicted that the size of food and agriculture would rise to one trillion dollars by 2030.

According to him, a lot of progress has been made in this renewed drive to transform agriculture on the continent.…