Liberia to Launch Youth Entrepreneurship Investment Bank During Visit by Outgoing AfDB President Dr. Akinwumi A. Adesina

Monrovia, Liberia – The African Development Bank (AfDB) President, Dr. Akinwumi A. Adesina visits Liberia from July 21 to July 23, during which he will launch a key youth development initiative and receive national recognition for his impactful leadership in development.

 

The visit highlights the strategic partnership between Liberia and the AfDB, reinforcing their shared goals of sustainable development and economic transformation through youth innovation. Upon his arrival at Roberts International Airport on

Monday, Dr. Adesina will be welcomed by the Liberian government.

 

On Tuesday, July 22, 2025, he will engage in a courtesy meeting and breakfast with President Joseph Nyuma Boakai, Sr., where they will discuss ongoing development initiatives and Liberia’s economic future.

 

Following this, Dr. Adesina will deliver an address to a High-Level Expanded Cabinet, to include senior cabinet ministers, deputy ministers, assistant ministers, advisors to the president, managing directors of State-owned enterprise as well as heads and deputies of public commission and agencies .

 

The high-level expanded cabinet meeting will convene at 10 am at the Ellen Johnson Sirleaf Ministerial Complex.

The Liberian government plans to honour Dr. Adesina for a decade of leadership at the AfDB and his contributions to Liberia’s development agenda.

 

A key highlight of the day will be the formal launch at the Ministerial Complex hall of the Youth Entrepreneurship Investment Bank (YEIB) and the Innovation Bureau, with Dr. Adesina is the chief launcher. This initiative, supported by the AfDB, aims to empower young Liberians by improving access to sustainable financing and entrepreneurial training.

 

The day's activities will conclude with a presidential dinner hosted by President Boakai, celebrating Dr. Adesina’s legacy and the strong partnership between Liberia and the AfDB.

 

Dr. Adesina is expected to leave Liberia on Wednesday morning, marking a pivotal moment in the country’s collaboration with the AfDB and reflecting national appreciation for his vision and influence on development across the continent.