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NAIROBI, July 20 (Xinhua) – African Development Bank (AfDB) President Akinwumi Adesina on Friday praised Kenyan President Uhuru Kenyatta for his strategy of enhancing youth employment and empowerment through government Big Four Agenda, which aims to accelerate economic growth
"The Big Four Agenda has an important role in raising the productivity of the population, the young people and creating jobs for the youth," Adesina said during a meeting with Kenyan Cabinet Secretary for Treasury and Henry Rotich Planning in Nairobi.
He said he was pleased with Kenya's financial sector innovation, which saw the rise of Kenya's mobile money transfer system, M-PESA and the rapid turnaround of Kenya's economy. 4.9 percent to 5.8 percent expected in 2018
Kenya has announced its full support for the general capital of the bank, which was approved during the Bank's Annual General Meeting in Busan, South Kore
The Governor General Uhuru Kenyatta announced his government's plans to focus on the Big Four Diary, aiming to raise food productivity and food security, increasing the share of manufacturing, increasing the health of the world.
Rotich said Kenya expected economic Growth rate of 5.8 percent in 2018 after surmounting the most protracted political crisis following the 2017 Presidential election, which ended in a short dispute.
He said the portfolio of projects is being funded by the AfDB in Kenya. TIVET. [TIVET] [Technical and Vocational Training Centers]. 19659002] "I am excited about the projects we are doing in Kenya," Adesina said after holding talks with the Kenyan officials to discuss how the Bank could partner with the government on its High-Five Strategy.
The Bank's High-Five
Rotich said Kenya fully supported the general capital increase of the Bank to give the necessary capital to finance Africa's development.
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