“Our industries have remained small scale and infrastructure development has been on a snail space. The discussion was in line with the theme for the AfDB meeting - Africa’s Transformation, African Development Bank Group, and Reform of the Global Financial Architecture. He noted the growing challenge in the region, ="https://www.standardmedia.co.ke/business/business/article/2001473752/accelerate-infrastructure-development-to-promote-intra-continental-trade-says-pmi">where infrastructure is heavily< funded by the governments and the development partners, crowding out the private sector. “The role of the private sector has been very marginal. “We need to create an enabling environment for the private sector to invest in infrastructure development both roads, ports, and digital,” he said, citing Kenya as a leading market for digital infrastructure on the continent.
Source: Daily Nation May 27, 2024 21:20 UTC