AfDB invested $2bn on ICT, transport in 2015

Amadou Oumarou, Director for Transport and ICT Infrastructure, African Development Bank (AfDB Group), said the AfDB Group has made $2 billion investments in ICT and transport in 2015.

He stated that the investment will collectively improve mobility of at least 1.2 million users of public transport, resulting in the creation of about 200,000 jobs in the ICT sector, with almost 18 million people benefitting from improvements in road infrastructure.

These details formed parts of the findings of the AfDB’s 2015 Annual Report on Transport and Information and communications technology (ICT).

“The expected impacts over the next few years in integrating Africa, boosting agriculture, and facilitating industrialization will be tremendous,” said Amadou Oumarou, AfDB Director for Transport and ICT Infrastructure.