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Africa development bank out to tame high cost of doing business to increase investment

Published on June 19, 2015

More than Sh9.8 trillion ($100 billion) is required to finance infrastructure and other economic sectors in Africa with a view to reduce cost of doing business. African Development Bank (views that for the continent to be a favourable business and investment environment, more resources will have to be mobilized and efficiently applied. Recently during the concluded bank annual general meetings in Abidjan, Cote d 'Ivoire outgoing president Donald Kaberuka observed that the next 10 years the bank needs to up the game of mobilizing more resources to address the state of infrastructure as well as enhancing regional economic integration.
Read more. Source| Standard Digital