According to the chief executive, the fund is projected to create 3,278 full-time equivalent jobs over the period 2023-2035, including 1,676 jobs for women.
He said the fund was expected to contribute to fostering regional integration through improvements in transport and logistics infrastructure that can lead to increased inter- and intra-regional trade. The AfDB and partners in the new fund will continue to provide growth capital and infrastructure equity to support the urgent need towards accelerating private sector funding and bridge the infrastructure financing gap in the continent.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.