AfDB: The African Development Bank (AfDB) has made a compelling case for industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth.
Data from the Bank’s 2018 African Economic Outlook launched last week, shows that infrastructure projects were among the most profitable investments any society can make as they significantly contribute to, propel, and sustain a country’s economic growth.
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“Infrastructure, when well-managed, provides the financial resources to do everything else,” said AfDB president Akinwumi Adesina. Dr Adesina said economic diversification is key to resolving many of the continent’s difficulties.
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