AfDB to set up Investment Banks to help young entrepreneurs As pointed out by AfBD president Akinwumi Adesina, the picture as it stood looked dismal for the continent’s youth and drastic action was needed by governments and the private sector. The African Development Bank Group headquarters in Le Plateau, the business district of the Ivorian capital Abidjan. Picture: AFP Read more small business good news on Vutivi Business News. The African Development Bank (AfBD) is in the early stages of developing a proposal for Youth Entrepreneurship Investment Banks in its member countries, including South Africa, to help youngsters start businesses and create jobs.