The 2018 Annual Meetings of the African Development Bank Group will be held on May 21-25, 2018 in Busan, Korea. Find out more
The AfDB uses its know-how and financial resources to provide technical assistance, financial support and to generate knowledge that will strengthen the human capital of African countries, leading to a skilled African workforce, better jobs in knowledge-driven and innovative markets and improved quality of life through effective health services and social safety nets.
Africa’s economic growth (on average 6%) has not been inclusive and its people have not reaped the benefits. The persistent levels of poverty despite this growth are underpinned by the absence of a diversified economy, poor access to credit and insurance, low human and physical capital and weak systems of social protection.
With the continent’s population set to more than double by 2050, its greatest asset will be Africa’s capacity to harness its human capital.
To this end the AfDB focuses on three areas of human capital development: