I.A.M - Magazine - Page 47
FACTS & FIGURES
Speaking in figures
AfDB @ work. Investing in Africa’s Integration
$50 billion
Over the past 10 years, the
AfDB has invested more
than $50 billion in
infrastructure, making the
Bank Africa’s leading
multilateral funding body in
infrastructure development.
27
Border
Crossings
As of 2022, the African Development
Bank had:
• Funded 25 transport corridors
• Constructed more than 18,000 km
of roads,
• Built 27 border crossings
• Constructed 16 bridges
REPRESENTING A TOTAL OF $13.5
BILLION.
7
Strategic
Trade
Corridors
Between 2004 -2022, the Bank funded the
main and connecting sections of seven
strategic trade corridors in eastern and
southern Africa - totalling 7,150 km of
roads in the two regions. They include:
• Nacala (1,026 km)
• Mtwara (1,002 km)
• Central (513 km)
• North-South (Rwanda to Zambia, 592 km)
• North (635 km)
• Mombasa-Addis Ababa (1,275 km) and
Namanga (1,647 km)
• Kenya-South Sudan (201 km), and
Madagascar-Indian Ocean (259 km)
Quote/Unquote
“Regional integration is essential to
increase the size of our markets… The
Africa we want [is] a fully
interconnected Africa, using regional
corridor infrastructure, and innovative
regional financing instruments, to
unleash economic opportunities and
assure competitiveness of national and
regional value chains…We must
integrate Africa and grow and develop
together. Our collective destiny is tied
to the elimination of the barriers that
separate us.”
~AfDB President Akinwumi Adesina
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