President, African Development Bank, Dr Akinwumi Adesina says the bank would invest $12bn in the power sector in Africa in four years with the goal of leveraging on the aviation sector. Adesina said the aviation sector was very important to the continent but that it could not operate in the dark. He said the sector was very important to Africa because it accounted for about $73 bn in Gross Domestic Product and created about seven million jobs across the continent. Adesina said the bank’s investment in the sector covered building new airports in Ghana, Senegal, Casablanca and building of new infrastructure in Morocco. As for Nigeria, he said the government was developing a new aviation sector investment plan, adding that the government was interested in a number of areas.

Source: Punch November 23, 2017 09:51 UTC