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Just In: Investment Interest Of $15.5 billion Confirmed For The Abidjan-Lagos Highway Corridor, According To Adesina
Just In: Investment Interest Of $15.5 billion Confirmed For The Abidjan-Lagos Highway Corridor, According To Adesina....KINDLY READ THE FULL STORY HERE▶

Dr. Akinwumi Adesina, the President of the African Development Bank (AfDB), announced that the Abidjan-Lagos highway corridor has garnered investment interest totaling $15.5 billion. Adesina made this announcement during the 2023 Africa Investment Forum (AIF) Market Days in Marrakech, Morocco, where the event’s theme revolves around “Unlocking Africa’s Value Chains.” He emphasized that this corridor has the potential to significantly transform the entire West African region, fostering regional integration, sustainable economic development, and trade acceleration.
In 2022, investment interest amounting to $3.6 billion was secured for the East Africa Railway Corridor, which connects Tanzania, the Democratic Republic of Congo, and Burundi. Adesina expressed delight in the fact that the AIF has successfully closed investment gaps totaling $11 billion, spanning diverse sectors such as liquefied natural gas, renewable energy, agribusiness, industrial manufacturing, the creative industry, housing, and transportation. He underscored the importance of taking action and reinvigorating investment initiatives at this juncture.
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