AfDB impacts 181m lives through electricity, water projects
Over 181million people across Africa have benefited from investment in electricity, agriculture and access to water projects made by the African Development Bank, AfDB, in the past three and half years.
AfDB’s Director of Communication, Dr. Victor Oladokun, said with the support of key partners, the bank has connected 16 million people to new and improved sources of electricity between 2015 and 2018.
The bank revealed that an additional 70 million people gained access to improved agriculture technologies while 55million people gained access to better transport services.
Oladokun had also revealed that the bank improved access to water and sanitation for 31million people, and ensured that nine million others benefitted from private sector investment projects within the period.
He said the feats were in realization of the agenda set by the president of AfDB Group, Mr. Akinwumi Adesina, during his inauguration on September 1, 2015.
The pan-African bank had outlined five development priorities referred to as ‘The High 5 to, Light up and Power Africa; Feed Africa; Industrialize Africa; Integrate Africa; and Improve the Quality of Life for the People of Africa.
Oladokun said, “Today, we are in the process of a General Capital Increase and an African Development Fund replenishment that will enable us to do more and ensure that Africa has the resources it needs to reach its development goals.
“I strongly believe that the world will increasingly look to Africa not just as a natural resource or a consumer market, but as a vibrant, dynamic, proactive, and innovative participant in a global ecosystem.”
He charged media practitioners to be story tellers in the development process of the continent, stressing that, “Together, we can and we will help change the lens through which the world looks at our continent.”