The President of the African Development Bank, AfDB, Dr. Akinwumi Adesina, has disclosed that the sum of $15.5 billion investment interest has been obtained on Abidjan-Lagos highway corridor.
Adesina said this on Wednesday while welcoming participants at the 2023 Africa Investment Forum, AIF, Market Days in Marrakech, Morocco.
The event has as its theme, ”Unlocking Africa’s Value Chains”.
He said the corridor will transform the entire West African region and speed up regional integration, sustainable economic development and trade.
”In 2022, investment interests were secured for 3.6 billion dollars for the East Africa Railway Corridor, linking Tanzania, Democratic Republic of Congo and Burundi.
”We are delighted that the AIF has so far closed on deals’ investment gaps worth 11 billion dollars.”
“This ranged from liquefied natural gas, renewable energy, agribusiness, industrial manufacturing, creative industry, housing, and transport.
“It is time again for investment action, it is time to do it again,” Mr Adesina said.
Hafsoh Isiaq is a graduate of Linguistics. An avid writer committed to creative, high-quality research and news reportage. She has considerable experience in writing and reporting across a variety of platforms including print and online.
Followers of the ongoing Guinness World Records Read-A-Thon are waiting with keen spirits and optimism…
Starting a new job can be an exciting yet nerve-wracking experience as you step into…
The Osun State Polytechnic, Iree Alumni Association (OSPPA) has called on Nigerians and the people…
The Federal Government is set to introduce Citizenship Studies as compulsory subjects at all levels…
Operatives of the Nigerian Security and Civil Defense Corps, (NSCDC) in Niger State have arrested…
The British High Commission in Nigeria has explained why it failed to acknowledge the presence…
This website uses cookies.