The Bank expects growth of 4% this year and 4.1% in 2020
ABIDJAN, Ivory Coast, February 5, 2019/ — “The future of our continent is looking very promising indeed,” African Development Bank Group (www.AfDB.org) President Akinwumi Adesina declared in the opening words of his address to diplomats at a lunch organised today, Tuesday, in Abidjan.
Adesina referred to the Bank’s recent flagship publication, the African Economic Outlook 2019 (https://bit.ly/2yXn4pr), which noted that the recovery in commodity prices is driving domestic demand and infrastructure investment, while real Africa’s GDP continued to improve in 2018 to 4.1%. The Bank expects growth of 4% this year and 4.1% in 2020.
Economic opportunities in Africa are generating considerable interest globally. For example, the agreement in March 2018 establishing the African Continental Free Trade Area (AfCFTA) will create the largest free trade area in the world. The CFTA will provide an unprecedented framework with the capacity to increase trade by at least 100% in Africa.
“The African Development Bank is at the centre of the actions taken to ensure the success of the continental free-trade area. We have invested over one billion dollars to support the financing of trade in Africa,” Adesina said.
The Bank, whose triple-A rating with stable outlook has been reconfirmed by the four major global rating agencies, has also invested $1 billion in Afreximbank, including $650 million in credit lines for trade finance and $350 million in insurance.
The free movement of people on the continent is another important driver of development. “We need to break down all barriers that impede the free movement of people across the continent, especially that of workers, because this is vital for promoting investment,” Adesina said.
In its report on intra-African investment (https://bit.ly/2zvCvYC), the African Development Bank emphasised the significant increase incross-border investments – $12 billion last year, up from $2 billion in 2010. Under the G20 Compact with Africa, the Bank has worked with the World Bank and the IMF to provide assistance to African countries, particularly to improve company regulations and the business environment.
“Africa will not develop through aid, but through investment”, said Adesina. This is whythe African Development Bank, with its partners, launched the highly successful Africa Investment Forum (AIF) (https://AfricaInvestmentForum.com), in Johannesburg, South Africa last November, securing investment interest in 49 deals across Africa worth over $38 billion in just two days.
The African Development Bank continues to invest in infrastructure to connect countries and improve their competitiveness. It has provided $16 million to the Economic Community of West African States (ECOWAS) for the preparation of feasibility studies for the Lagos-Abidjan corridor. It has also funded 1000 kilometres of road between Addis Ababa and Mombasa, which has increased trade fivefold between Ethiopia and Kenya (https://bit.ly/2DUkzZT).
The Bank was the lead lender for the construction of the historic Senegambia bridge linking Gambia and Senegal (https://bit.ly/2HTYIG4), which opened on 21 January 2019. And the Bank’s investment portfolio in Côte d’Ivoire has tripled in the last three years, reaching $1.8 billion in 2018.
The Bank is taking a lead role in the “Technologies for African Agricultural Transformation” (TAAT) initiative, which seeks to accelerate the dissemination of agricultural technologies throughout the continent, not only to improve yields, but also to fight against the consequences of global warming and against pests, such as Fall Armyworm. “The crucial point for the economic development of Africa is that we have to radically transform our agriculture,” Adesina declared.
The Bank’s High 5( https://www.AfDB.org/en/the-high-5/) priorities are already producing significant impacts across the continent,” said the Bank’s President.In 2018, 4.5 million people were connected to electrical grids.Nearly 20 million more people have access to improved agricultural technologies.Industrial investments in the private sector have benefited 1.1 million people.Some 14 million people have gained access to improved transport services, while another 8 million people have benefited from better access to water and sanitation.These impacts encourage the Bank to redouble its support for economic and social development in Africa.
“We need to achieve universal access to electricity. We need to help Africa to become self-sufficient in food. We need to achieve a fully integrated continent. We need to industrialize Africa and improve the quality of life for its people,” Adesina concluded.
Distributed by APO Group on behalf of African Development Bank Group (AfDB).
Mentoring Is The New Goldmine Towards Youth Empowerment | Gbenga Adebambo
Image: Chick-fil-A Foundation
‘’We cannot always build the future for our youth, but we can build our youth for the future.’’ –Franklin D. Roosevelt
Benjamin Disraeli, the former Prime Minister of the United Kingdom once said, “The greatest good you can do for another is not just share your riches, but to reveal to him his own.” The greatest problem of youths is not money but mentoring. Mentoring is the new goldmine for youths. Youths should stop looking for money and look for mentorship. You will need people that believe in you; people that invest in your dreams and goals. People that will bring the best and not the stress out of you in life. People that will help you make informed decisions and choices towards your destination in life. Mark Twain once said, “Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great. When you are seeking to bring big plans to fruition, it is important with whom you regularly associate.”
Any concrete talk on youth empowerment is not complete until mentoring is fully integrated. That is why any youth empowerment programme that do not design mentoring into its process has already failed before take off! When youths don’t have models and mentors to look up to, they tend to go in different destructive directions. Mentoring is the most monitored, measurable and sustainable way of ensuring youth empowerment. The Oxford Advanced Learner’s dictionary defined a mentor as “an experienced person who advises and helps somebody with less experience over a period of time.” The pertinent question to ask is this: What is the older generation doing to model the youth?
Zig Ziglar said, “A lot of people have gone further than they thought they could because someone else thought they could.” The youths of a nation are a deep reflection of the values passed down from the older generation. The mistake of the youth is actually a result of the failure of the older generation.
Isaac Newton once said, “If I have seen farther than others, it is because I was standing on the shoulders of giants.” Behind every successful person, there’s a mentor who helped them along the way. Some of the most influential people in history were encouraged to succeed by some of the most well-known people of their time. Socrates mentored Plato; Plato mentored Aristotle, and Aristotle mentored Alexander the great. Alexander the great actually broke the loop because when he was supposed to be mentoring youths and building people, he was busy building empires! He died without investing into others, and his legacies also died with him.
A mentor is an embodiment of six notable qualities derived from the word “MENTOR”. He or she Motivates, Encourages, Nurtures, Trains, Organizes, and help youths Reach their potentials.
1. Motivates: Norman Ralph Augustine said, “Motivation will almost always beat mere talent”. You can be motivated and have no talent and get far, but without motivation, the talented won’t get off their couch to show the world what they’ve got. There are many youths out there that are talented but lack motivation.
2. Encourages: Plato once said, “Never discourage anyone who continually makes progress, no matter how slow”. Your words of encouragement could be the spark that pushes a person forward. Encouragement energizes and empowers. Shawn Hitchcock said, “A mentor empowers a person to see a possible future, and believe it can be obtained”.
3. Nurtures: A real mentor helps in discovering and nurturing the gift and potentials in others. Choosing a mentor is the most critical step to success in life, be it in business, career, relationship and politics. A mentor challenges and stimulates you to be the best at all times.
4. Trains: A mentor will train you and not drain you. The people around you will either fuel you or drain you. So choose them wisely. I repeat, choose them wisely! When people have encounters with you, do you leave them drained or blessed, exhausted or fuelled? I made up my mind long time ago to always leave people more inspired than I met them.
5. Organises: A mentor reduces the degree of disorderliness in the mentee. Youths that refuse to get organized will eventually agonize! The first step to getting organized is to get your priorities right. A mentor will help you prioritize your priorities.
6. Reach your potentials: Mentors stretch their mentees beyond their comfort zone to reach their potentials and achieve great things. A mentor helps you look within yourself to fire up your hidden potentials.
Mentoring is not about making everybody else the same as you. Any man that encourages you to be someone else has already despised your purpose of existence. A real mentor understands the fact that you can never be at your best when you try to be someone else. The greatest platform that a mentor can ever give to you is to help you be yourself and express yourself. Don’t make people the best version of yourself, make them the best version of themselves. If you are not inspiring youths, then you are helping them to expire! Mentor someone, instead of casting people down and finding faults in others. Kenneth H. Blanchard in his best-selling book, ‘The one Minute Manager’ said, “People who feel good about themselves produce good results.” How you make others feel about themselves is very important. Do you make people feel better or bitter? Mentees actually need models and not critics! Mentees most times need their efforts to be acknowledged.
If all the entrepreneurs, business moguls, celebrities, politicians, artistes, philanthropists, technocrats, and professionals can reach out to mentor the youths in their circle of influence, then the world will change for the better. Successful people should go back to their communities to mentor youths. I have often said it over times that if you are not a mentor, then you are a tormentor!
A mentor is someone who builds you up, has your best interest at heart. Even in the midst of your own personal doubt, they will never give-up on you. They inspire you through their deep and tenacious belief in you. Positivity fuels productivity. Don’t expect to see positive changes in your life if you surround yourself with negative people. Try spending more time around people that infuse positivity into you and affirm your worth. As a youth, reach out to someone that is already where you want to get to in life. Book an appointment with them; buy their books and listen to their messages. Someone already has the experience you desire, locate them and glean from their wealth of experience. Mike Murdock once said, “Pay any price to stay in the presence of extraordinary people.”
Quote Of The Week From The Author: ‘’If you want to go further, get a father’’- Gbenga Adebambo
The Society Expects More From Youths
Hear Ariel Foundation International Young Associate Ambassador, Abigail Oppong as she elaborates on the need for youths to step up their game and create more impacting works for society.:
One of the challenges I have gotten to realize about most Youths in our society nowadays is the fact that, we want everything in the pot to be cooked for us without knowing what goes into the preparation of what is being cooked for us. We keep going astray because when the pot is left for the youths to do it ourselves, we messed up. The reason is so simple, we only got to know about the content in the pot after is being served. The future is Youths and we need to start acting now as the future leaders beginning from the renewing of our mindsets to learn how to prepare ourselves.
It is time we learn to see opportunities and act proactively towards them. There are a lot of forums, workshops, talks and the likes to help leverage the potentials of youths but that can never be achieved if the youths “ourselves” still have the mindset of having everything cooked for us. And thus, a quest for leaders to also include youths 100% in their decisions and plans concerning agendas to help youths in community developmental projects.
Each one of us has a specific formula to help make an impact. This individual formula is known to us personally and we have the key to unlock it within ourselves to get answers to that (mathematics) questions we keep asking for years. Our internal mindset is enough.
IF YOU FOLLOW “THEY SAY, THEY SAY”, YOU WILL GO WITH THEM AND FORGET ABOUT THE FORMULA IN YOU. LET’S BE VIGILANT
Being a leader is being human. Until then, we will still be the spectators cheering and making comments (bad or good) to the works done by other people. Remember starting is better than nothing.
YOUTHS ARISE AND LETS’S ACT PROACTIVELY NOW. WE ARE THE CHANGE
SOCIETY CRIES FOR US NOW AND THE FUTURE TO COME
SEVEN USEFUL TIPS FOR MY FELLOW YOUTHS
- Accept no one’s definition of your life. Define yourself. It is your life, not theirs.
- You are more than enough
- Follow your rules and principles (Specifics)
- Devote your time to something to create something that give you purpose and meaning
- Try to get the best version of yourself
- When things go wrong ………. don’t go with them.
- Be Proactive and don’t let anyone take advantage of your innocence
- You are not too young to start making change, you are the changemaker.
- Be Fearless and humble
- Accept mistakes but don’t tolerate excuses
Don’t forget to follow Ariel Foundation International on Facebook for the Ariel Foundation International (AFI) Dialogue as we discuss more about Youthful topics that will help us build up our community together. This Facebook Live will showcase the AFI Young Ambassadors around the world and other leaders who will be sharing their works and knowledge about topics for discussion.
Trust the Process
More Action Needed
Abigail Oppong is a humanitarian young African lady who passionately work to impact life. She is a Young Speaker, Mentor, Changemaker, Young Activist, Motivator and a Social Entrepreneur.
Challenges of life as a Young African lady, growing up in the continent of Africa where the girl child education wasn’t prioritized has given her a much-presented experience for her to give back to community in empowering women and girls whiles firing in more energy to serve as a role Model and help Youths in Africa think differently.
Abigail Oppong is the Youth Ambassador for Ariel Foundation International focusing on Africa and making the voices of African Voices heard. As the Director of communication and Development at TiemeNdo, she focuses on empowering more women and youths in the field of Agriculture and help them to develop economically. Being a changemaker, she is passionate about social impacts project that seeks to empower women, children and youth. She is the Co-Founder for Universal Care for Africa, an initiative aiming to provide a free healthcare opportunity for the rural communities in Africa and the Ghana Ambassador for Global Success Society.
Passionate about women in Technology, she is working diligently to makefree access to the needed technical resources for young girls to stand firm in their STEAM Courses and professionally.
Abigail is skilled at Information Technology, Project Management, Entrepreneurship, Humanitarian, Communication, Design Thinking, Graphic design, leadership, Personal Development, Public Speaking.
She is a Recipients of the “Young Leaders Creating a better World for All award” at the Women Economic Forum, 2019 and the first youngest leader to receive such an international award from the Women Economic Forum.
Her Next Movement is to Global Initiative to help more youths especially the young leader to be the “PRO” in their fields as a leader. She is a Role Model to all Young Women out there. An inspiration and a world changer.
One word that encourages her everyday is the fact that, “our capabilities and abilities are enough to help us scale and make an impact; money will not. Money can not buy our passion”. She said this when someone asked her how she gets all her impactful work done as a Youth and still in school.
Credit: Dr. Ariel King – President Ariel Foundation International
How To Find Your Voice And Use It Contents
Finding your voice is critical in every aspect of your life – school, your career, business, your ministry and especially in your Marketing. We already have one of “them” so be an original YOU! Words are the most powerful tool we have. They can inspire, build, lift, and provide meaning and hope. They can break, destroy, undo, and cause great harm. It is up to us to insure the right words are used.
I cannot stress enough how important your own voice is. When put in certain positions, no matter how scary, you must stand up for yourself.
No one can make you do what you are not contented with. There is no one that can stop you from choosing what you think is best. If they agree with it or not it’s our resolution. You are in control of how you treat your voice, its best you learn that early on. I have learned over the years that even though I may not be able to control what my body does, I can control how I treat it. Take it into consideration and be able to work with what you think is best. You have to find your limits.
Once you find them you have to insure you do not push them too much. There is nothing worse than having a massive panic attack in the middle of a procedure. I have the worst anxiety.
How can you find your voice? What are the things you need to discover when finding your voice?
They are just few listed below they are just an instruction manual which are subjects to change at the long run but at the meantime, let’s learn from them.
What is your inherent ability? What are those things that you have mastered in the course of your life? Are there tasks, skills, or opportunities that you have simply mastered and can do without thinking? These low-friction activities might give you a clue to ways you can continue pursuing your voice. We learn through action, observation, and then correction. Start with what you do well, and work your way toward your goal. Have a goal with good desire. A goal is a desired result that a person or a system envisions, plans and commits to achieve: a personal or organizational desired end-point in some sort of assumed development. Many people endeavor to reach goals within a finite time by setting deadlines.
A purpose and aims are not the same as a goal- they are kind of similar to one another. They are the anticipated result which guides reaction, or an end, which is an object, either a physical object or an abstract object, that has intrinsic value.
What irritates you? To be a super hero you must be willing to have a bad guy. Without one, the super hero has nothing to fight against. Are there specific things that induce a sympathetic annoyance in you? (Key point of variation: this is not about road rage, poor service, or leaving the seat up. We’re speaking about the general things that induce a craving to interpose in a situation as an act of compassion or to resolve a great wrong.)
What makes you Emotional?
Think about the last numerous occurrences that instigated you to be very emotional to the extent that you could not control your emotions but to cry. Movies are fair game too. I’ve noticed that I almost always tear up while watching stories of losers who overcome incredible odds. This is a clue to me that my greatest work may somehow involve fighting for those who are oppressed or unheard
What gives you hope?
What do you look forward to? What great vision do you have for your future and the future of others? Hope is a powerful motivator, and can give you a clue to the ways in which you may be able to compel others to act.
As a child, what did you want to be when you grew up? We often forget the earliest clues to our voice as we are burdened with the expectations of peers, teachers, parents, and eventually the marketplace. But those early days of wonder – the vast expanses of horizon that hinted at limitless possibility – can give us insight into the deeper seeds of fascination that still reside within us. So…what did/do you want to be when you grow up?
If you had all the time and money in the world, what would you do? It amazes me how few people have asked themselves this question, and it amazes me more how few people can arrive at an answer when they do. We believe that a lack of resources is the problem to our happiness and fulfillment, but for many of us the limitation has nothing to do with a lack of money or time. The limitation is our fear of falling short of our own self-perception. We point fingers at others because we can’t reconcile our own fear of engagement. We don’t think about limitless possibility because we are afraid of what would happen if we were to get it.
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