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Browsing: AfDB tackling climate crisis in Africa
- The funding will target young entrepreneurs and micro, small, and medium enterprises with innovative solutions to drive climate change adaptation and resilience throughout Africa.
- YouthAdapt has already disbursed over $1.5 million to 33 young entrepreneurs across 19 African nations.
- Failing to invest in the youth will hurt Africa; failure is not an option – AfDB President Akinwumi Adesina.
The African Development Bank (AfDB) President Akinwumi Adesina has unveiled a $1 billion fund aimed at propelling climate financing for youth-led businesses across Africa. The initiative, known as YouthAdapt, is a partnership between the AfDB and the Global Centre on Adaptation.
YouthAdapt is designed to empower young entrepreneurs and micro, small, and medium enterprises with innovative solutions to drive climate change adaptation and resilience throughout Africa.
Dr Adesina made the announcement during a High-Level Dialogue titled “Africa Driving Climate Adaptation Solutions and Jobs,” held at the Wangari Maathai Institute of …