Stable electricity supply in Africa’s economic powerhouses will be critical for the continents growth and development.
The President of the African Development Bank has called on the United States to up its investment game in Africa as he made the case for the world’s largest economy to look beyond traditional sectors on the continent.
President of the African Development Bank Akinwumi Adesina has expressed his full confidence in the leadership of South Africa to shift the trajectory of Eskom for the better.
The curtain fell on a three-day marathon investment marketplace, on Friday, with transactions worth billions of dollars sealed.
The African Development Bank (AfDB) plans to lend South African power utility, Eskom, approximately $720 million (R10 billion) in 2019 and 2020, according to the bank’s president Akinwumi Adesina.