Kaberuka addresses Africa’s infrastructure gap at the OECD in Paris
African Development Bank President Donald Kaberuka made a strong case for the importance of tackling private investment impediments in the African infrastructure agenda during the joint AfDB, Organisation for Economic Co-operation and Development (OECD) and International Growth Center (IGC) event held on July 15, 2014 at the OECD headquarters in Paris.
The event, a roundtable discussion on “Addressing policy impediments to private investment in African Infrastructure”, was attended by a number of key players in the African infrastructure domain, including government offi cials, and representatives of international development agencies and the private sector.
The roundtable thus comes at the opportune time as more and more African countries are stepping up to the challenge and forging ahead with fresh policies, reforms and new initiatives to rewrite their future.
The AfDB President pointed to the great leap in the Bank’s work on infrastructure development to become the largest African lender, and its sustained importance as one of the Bank’s key operational priorities for the continent. Kaberuka also shared the Bank’s intention to scale up development of transport infrastructure and regional trade corridors, urban-rural connectivity, broadband ICT infrastructure and projects promoting water and energy security and access.