Africa’s infrastructure deficit has the potential to hinder the success of the African Continental Free Trade Area. That’s the view of
Dr. Akiwunmi Adesina, President of the African Development Bank. Adesina says proper infrastructure could spur manufacturing, while the free movement of goods, people and services will boost INTRA African trade. He spoke during the opening of the 4th Africa50 meeting in Kigali. Africa50, an infrastructure investment platform, currently has 870-Million dollars in committed capital from 28 African countries, the African Development Bank, Central Bank of West African States and Morocco’s Bank AL-Maghrib. On Wednesday, Zimbabwe was announced as the 28th shareholder of the platform. Sarah Kimani reports.
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