‘Africa faces $170bn infrastructure’ | The Chronicle

Dr Akinwumi Adesina

Business Reporter
THE African Development Bank (AfDB) says the continent needs $170 billion to cover the infrastructure investment gap, calling for urgent measures to match Africa’s growing population and youth unemployment.

The bank’s president, Dr Akinwumi Adesina, told delegates during a recent meeting in Abidjan, Cote d’Ivoire, that the continent should match infrastructure growth with the growing youth population.

“The good news is that the solution is within our reach and will require investments,” he said.

The bank discussed strategies for closing Africa’s $170 billion infrastructure investment gap. Dr Adesina said to bridge the investment gap, ensure inclusive growth, and creating employment for the continent’s population, the upcoming African Investment…

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