Africa has made a “huge step forward” in developing its infrastructure from building roads to power grids, according to the CEO of the New Partnership for Africa’s Development (NEPAD).
Ibrahim Mayaki made the remarks on the margins of a high-level event at UN headquarters informally known as “Africa Week”.
The continent needs more than US$93 billion a year to meet its infrastructure needs and requires foreign investments to do so, according to global think tanks.
NEPAD’s Programme for Infrastructure Development in Africa (PIDA) has laid the foundation for the development of transboundary regional projects.
Mr Mayaki explains to Jocelyne Sambira why this initiative has been a success.
Source: United Nations Radio.