Tuesday, May 24, 2016

Electricity gets US$12 billion investmentElectricity gets US$12 billion investment

VIOLET MENGO, KALONDE NYATI
Lusaka
THE African Development Bank (AfDB) will invest US$12 billion in the energy sector to unlock
Africa’s potential, its president Akinwumi Adesina has said.
And the continental financial giant says Africa projects a creation of 25 million jobs for the youth in the next 10 years.
Dr Adesina said Africa aspires to achieve economic growth through industrialisation and agricultural productivity.
He said initiatives that will support access to electricity for the sectors will therefore remain important.

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