RateCaptain
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
Subscribe
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates
No Result
View All Result
RateCaptain
No Result
View All Result
Home Economics

Cape Verde’s Vice-Prime Minister Urges African Nations to Invest in Human Capital.

Stephen Akudike by Stephen Akudike
September 13, 2023
in Economics, Economy
Reading Time: 2 mins read
A A
0
Cape Verde’s Vice-Prime Minister Urges African Nations to Invest in Human Capital.
Share on FacebookShare on TwitterShare on WhatsappShare on Telegram

Cape Verde’s Vice-Prime Minister, Dr. Olavo Correia, has called on African countries to adopt new practices to accelerate development and make a positive impact on the continent’s population. Dr. Correia made the appeal during a Ministerial Technical meeting held in Dar es Salaam ahead of the African Human Capital Heads of State Summit.

In his speech, Dr. Correia emphasized the vast natural resources that Africa possesses, stating that the continent’s potential can be unlocked through investments in human capital. He highlighted the importance of imparting the right skills and knowledge to the African workforce, as infrastructure and resources alone would not lead to meaningful development.

AlsoRead

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

The Vice-Prime Minister expressed concern over the lack of access to basic necessities such as energy, clean water, and quality jobs for millions of people on the continent. He stressed that illicit financial flows within Africa were contributing to this situation and called for a change in individual attitudes and mindsets.

Dr. Correia acknowledged the efforts made by the World Bank and other development partners in investing in human capital, but stressed that Africa must also play its part to ensure the success of these initiatives. He called for a more transparent and accountable Africa, urging for increased investment in awareness campaigns to combat illicit financing.

Highlighting the issue of dignity in Africa, the Vice-Prime Minister emphasized the need to create conditions that allow Africans to live with dignity. He noted that Africa is currently a net exporter of capital and stressed the importance of promoting good governance and accountability to change this situation.

Dr. Correia cited Cape Verde as an example, where the country is using taxpayers’ money to invest in human capital. The country’s goal is to achieve 100% access to education and healthcare by 2030 and eradicate extreme poverty by 2026.

In conclusion, Dr. Correia highlighted that good leadership and a sense of commitment among both the people and the leadership are crucial in harnessing the continent’s human capital potential.

The African Human Capital Heads of State Summit, which began following the Ministerial Technical meeting, aims to address various issues related to human capital development in Africa and explore strategies for inclusive growth and sustainable development on the continent.

Tags: #InvestmentaccountabilityAfricaAfrican Human Capital Heads of State SummitCape VerdeCOVID-19 pandemicDar es Salaamdevelopmentdigital divideDignityEconomic GrowthEducationhealthHuman CapitalIllicit FinancingleadershipPoverty Eradicationsustainable developmenttransparencyUnemploymentVice-Prime Minister
Previous Post

Gold Prices Dip as Dollar Strengthens and Economic Optimism Grows.

Next Post

States and Local Governments Witness a 27.62% Increase in Revenue Amid Economic Hardship.

Related News

CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

by Jide Omodele
March 20, 2026
0

Providus Bank Limited has affirmed that it fully complies with the Central Bank of Nigeria’s (CBN) minimum capital requirement for...

Uber Partners with Waymo to Introduce Self-Driving Cars, Advancing Autonomous Driving.

Uber Highlights N6.1 Billion Annual Driver Earnings in Nigeria Amid Ongoing Lagos Strike

by Stephen Akudike
March 20, 2026
0

Uber Technologies Inc. has disclosed that its platform facilitated a collective N6.1 billion in additional annual earnings for drivers across...

Dangote Refinery: Weep Not Child By Duke of Shomolu

Dangote Refinery Imported $3.74 Billion Worth of Crude in 2025 – CBN Data Reveals

by Stephen Akudike
March 19, 2026
0

Nigeria imported crude oil valued at $3.74 billion linked to the operations of the Dangote Petroleum Refinery in 2025, according...

CBN Auctions N1.05 Trillion in Treasury Bills, Pushing Two-Week Borrowing Near N3 Trillion

by Jide Omodele
March 19, 2026
0

The Central Bank of Nigeria (CBN) is set to raise N1.05 trillion through a Treasury Bills auction today, March 18,...

Next Post
States and Local Governments Witness a 27.62% Increase in Revenue Amid Economic Hardship.

States and Local Governments Witness a 27.62% Increase in Revenue Amid Economic Hardship.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Battered Commodity Currencies Gain Attention Amid Dollar’s Decline.

US Dollar Slumps as Global Central Banks Signal Tighter Policy Amid Oil Surge

March 20, 2026
CBN – FG incurred N930.8bn Fiscal Deficit in January and February 2023.

Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

March 20, 2026

Popular Story

  • CBN bans foreign bank representative offices from engaging in banking business in Nigeria..

    Nigeria’s Current Account Surplus Plunges 65% to $1.4 Billion in Q4 2025

    0 shares
    Share 0 Tweet 0
  • NGX Market Cap Dips Below N130 Trillion as Profit-Taking Takes Hold

    0 shares
    Share 0 Tweet 0
  • Providus Bank Confirms N65 Billion Capital Base, Meets CBN Regional Requirement Since January 2025

    0 shares
    Share 0 Tweet 0
  • Investors Want VAT Exemption in Stock Market Extended

    0 shares
    Share 0 Tweet 0
  • Unilever Plc Revenue Hits N27.4 Billion In the Third Quarter of 2023

    0 shares
    Share 0 Tweet 0

RateCaptain

We bring you the most accurate in new and market data. Check our landing page for details.

  • Home
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Disclaimer
  • Cookie Policy
  • Contact Us

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

No Result
View All Result
  • Home
    • About Us
    • Contact Us
  • FX Rates
  • Money Market
  • Cryptocurrency
  • Commodities
  • Corporates

Copyright © 2022 RateCaptain - All rights reserved by RateCaptain.

RateCaptain
Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
  • Manage options
  • Manage services
  • Manage {vendor_count} vendors
  • Read more about these purposes
View preferences
  • {title}
  • {title}
  • {title}
?>