Bank Infrastructure

Africa Needs $108B Yearly To Close Infrastructure Gap –Adesina

Africa Needs $108B Yearly To Close Infrastructure Gap –Adesina

The President of the African Development Bank (AfDB), Dr Akinwumi Adesina has stated that Africa is currently facing a gap in infrastructure financing gap of between 68 billion dollars to 108 billion dollars annually pointing out that a lot needs to be done to position the continent’s economy.

The Bank pointed this out in a statement obtained from its website by Africa Daily News, New York on Friday.

The statement disclosed that the President of the AfDB Group, Dr Akinwumi Adesina, made this known when the Secretary of the United States Treasury, Janet Yellen hosted G-7 ministers and heads of …