November 25, 2024
Abidjan-Lagos Highway Corridor Secures $15.5bn In AIF 2022- Adesina
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Abidjan-Lagos Highway Corridor Secures $15.5bn In AIF 2022- Adesina

Mr Akinwumi Adesina, President of the African Development Bank (AfDB), says the Abidjan-Lagos highway corridor has secured a $15.5 billion investment interest.

While delivering his welcome address at the 2023 Africa Investment Forum (AIF) Market Days in Marrakech, Morocco yesterday, the African Development Bank boss said African economies provide some of the best investment opportunities in the world, and the corridor will transform the entire West African region and speed up regional integration, sustainable economic development and trade.

Earlier, the king of Morocco, His Majesty King Mohammed VI, said the Morocco-Nigeria Gas Pipeline Project was part of the country’s endeavour to achieve regional economic integration and cross border development of communities.

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AIF, which was founded in 2018, is a multi-stakeholder platform that has become the continent’s premier investment platform. It is a flagship initiative of the AfDB and Islamic Development Bank.

It has the European Development Bank, Afreximbank, Trade and Development Bank, Development Bank of Southern Africa, Africa Finance Corporation and Africa 50 as its Founding Partners.

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