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Nigeria : African Development Bank supports youth entrepreneurship with $100 million

The African Development Bank (AfDB) has approved $100 million in funding to support the establishment of the Youth Entrepreneurship Investment Bank in Nigeria. This new institution will support youth-led businesses by providing technical assistance, business incubation, and funding. AfDB President Akinwumi Adesina highlighted the importance of retaining local talent amid the exodus of young Nigerians.

Tags: #AfricanDevelopmentBank #YouthEntrepreneurship #Nigeria #Investment

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