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In order for Africa to solve its infrastructure deficit problems, at least $170bn annually must be invested in infrastructure, Samaila Zubairu, the President and CEO of the Africa Finance Corporation, tells The Africa Report in this interview.
The AFC was created in 2007 by African states looking to provide a pragmatic solution to Africa’s infrastructure challenges. In essence, the AFC acts a bridges the investment gap that many countries face by providing debt and equity finance, project support, and “technical and financial advisory services.“.
But how is this mandate being put into action?
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