African Union Aims to Set Up Infrastructure Fund for the Continent
The African Union intends to set up a fund to finance construction of much-needed infrastructure in the continent.
These infrastructural developments include roads, railways, and powerplants, which will turn into new cash sources because the continent is experiencing donor fatigue and higher debt levels.
Speaking in an interview with Reuters, Raila Odinga, the AU’s High Representative of Infrastructure Development, said, “Africa is financially starved as far as the need
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