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Prof Dr Muhammad Yunus said no one should be unemployed, no problem can remain unresolved. Africa is one of the regions with the highest potential for Social Business.
He expressed his hope that Africa would be future source of food and energy for the whole world. There is no reason for Africa not to pick up the double digit growth rate across the whole continent.
Dr Yunus was speaking as the keynote speaker at the closing luncheon for governors of the Africa Development Bank (AfDB) during the 2013 annual meeting of the Governing Board of the AfDB in Marrakesh, Morocco recently, said a press statement.
Prof Yunus was invited by the president of the AfDB there.
Earlier, Mr Yunus was a keynote speaker at a high level seminar on 'Social Business' organised by the Human Development Department of the AfDB. The seminar was moderated by Richard Attias, founder of The New York Forum. Over 600 participants attended the seminar.
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Earlier this year, the AfDB along with Prof Yunus's organisation, Yunus Social Business, have launched the Holistic Social Business Movement in Africa (HSBM) programme which includes pilot projects in Tunisia and Uganda. This programme will be implemented in two phases that include awareness raising and capacity building programmes for the stakeholders in Social Business, and with the implementation of social business incubation funds. In both these countries an incubation company named as Yunus Social Business Tunisia (and Uganda) will be set up, and simultaneously a "Social Business Fund" will be established in each country. The HSBM is funded by the Japan government and co-financed by the AfDB. In the second round, social business initiatives will also be extended in Egypt, Tanzania, Senegal, Ivory Coast, Togo and Morocco.
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