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African Development Bank (Abidjan)

'Boost Africa Initiative' Seeks Young Innovative Entrepreneurs

Boost Africa Initiative, a unique partnership in support of entrepreneurship across Africa, was launched Monday in Abidjan by the European Investment Bank (EIB) and the African Development Bank (AfDB) in partnership with the European Commission. Boost Africa aims to spur the entrepreneurial potential of African youth to create innovative businesses. With an initial combined investment of up to €150 million, the Initiative is expected to leverage up to €1 billion in additional investments, and support over 1,500 start-ups and SMEs across the continent. Find out more. More about AfDB in this BRIEFING



Photo: AfDB

Boost Africa aims to spur the entrepreneurial potential of the African youth to create innovative and compelling businesses with the capacity to compete regionally and globally, to attract domestic and foreign direct investment, to create new and quality jobs, and contribute to inclusive and sustainable economic growth.

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