Derisk infrastructure projects to woo investors, African States told

A section of participants follow proceedings at the KICC on May 27, 2024, during the opening ceremony of this year's board of governors of the African Development Bank. [Collins Kweyu, Standard]

Infrastructure projects are poised to play a key role in the success of the African Continental Free Trade Area (AfCFTA) with policymakers insisting on the need to derisk these investments to attract the private sector.

At the ongoing African Development Bank (AfDB) annual meeting in Nairobi, the continent's dependency on developed nations to fund these projects was discouraged.