Insecurity a major challenge to Africa’s development - Akinwumi Adesina

President of the African Development Bank, Akinwumi Adesina has said that insecurity is now the number one challenge to Africa’s development.

In series of tweets he shared, the former Nigerian Minister of Agriculture and Rural Development stated that there is need to ensure security stability in Africa as terrorism is shrinking Africa’s investment space.

Adesina also disclosed that Africa needs new financial instruments to protect and secure investments in countries and regions against rising insecurity.

He said;

Insecurity is now the number one challenge to Africa’s development. Terrorism is shrinking Africa’s investment space.

Insecurity is no longer a political issue. Insecurity is an economic issue. We must no longer decouple security and development.

We must ensure security stability in Africa. Africa needs new financial instruments to protect and secure investments in countries and regions against rising insecurity.